Fortune Competitors

OTC Stocks . USA . 
Stock . Fortune Bay Corp
FTBYF Stock  USD 0.67  0.04  6.35%   
Fortune Bay Corp competes with Altamira Gold, K2 Gold, Angkor Resources, Freeman Gold, and Ridgeline Minerals; as well as few others. The company classifies itself under Metals & Mining sector and is part of Materials industry. Analyzing Fortune Bay competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Fortune Bay to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fortune Bay Correlation with its peers.

Fortune Bay vs Endurance Gold Correlation

Weak diversification

The correlation between Fortune Bay Corp and ENDGF is 0.36 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Fortune Bay Corp and ENDGF in the same portfolio, assuming nothing else is changed.

Moving against Fortune OTC Stock

  0.57BAC Bank of America Aggressive PushPairCorr
  0.56JPM JPMorgan ChasePairCorr
  0.53AXP American ExpressPairCorr
  0.36DIS Walt Disney Sell-off TrendPairCorr
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortune Bay's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.030.675.80
Details
Intrinsic
Valuation
LowRealHigh
0.030.545.67
Details
Naive
Forecast
LowNextHigh
0.010.645.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.470.580.70
Details

Fortune Bay Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fortune Bay and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Fortune and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Fortune Bay Corp does not affect the price movement of the other competitor.

High positive correlations

ENDGF
+ 0.9
FMANF
TSGZF
+ 0.88
PNCKF
TSGZF
+ 0.85
KTGDF
PNCKF
+ 0.83
KTGDF
PNCKF
+ 0.83
ANKOF
FMANF
+ 0.81
ANKOF
  

High negative correlations

ENDGF
- 0.17
RDGMF
GNGXF
- 0.15
RDGMF
RDGMF
- 0.06
NSRPF
RDGMF
- 0.04
FMANF
GNGXF
- 0.03
KTGDF
GNGXF
- 0.01
EQTRF

Risk-Adjusted Indicators

There is a big difference between Fortune OTC Stock performing well and Fortune Bay OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fortune Bay's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
EQTRF  3.50  0.10  0.02  0.13  3.48 
(9.05)
 11.76 
(5.88)
 35.53 
KTGDF  3.62  1.08  0.22  0.72  3.11 
(5.58)
 12.00 
(7.14)
 30.70 
ANKOF  4.00  0.43  0.06  0.47  4.15 
(7.43)
 12.50 
(9.52)
 28.93 
FMANF  5.34  1.00  0.14  0.59  4.59 
(8.75)
 10.53 
(7.69)
 34.09 
NSRPF  5.77  0.21  0.04  0.11  6.77 
(7.39)
 10.00 
(12.73)
 88.10 
RDGMF  4.03 (0.31) 0.00 (0.20) 0.00 
 0.00 
 10.53 
(9.09)
 33.51 
GNGXF  8.26  1.39  0.10  3.56  8.56 
(14.40)
 26.32 
(16.67)
 76.09 
PNCKF  4.72  1.17  0.20  7.84  4.37 
(6.74)
 10.39 
(8.51)
 34.95 
TSGZF  4.07  0.65  0.07  3.04  4.42 
(8.57)
 9.09 
(8.33)
 31.93 
ENDGF  5.51  2.23  0.29 (20.09) 3.23 
(12.90)
 18.18 
(5.88)
 63.74 

Fortune Bay Competitive Analysis

The better you understand Fortune Bay competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fortune Bay's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Fortune Bay's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FTBYF EQTRF KTGDF ANKOF FMANF NSRPF RDGMF GNGXF PNCKF TSGZF
 6.35 
 0.67 
Fortune
 5.88 
 0.16 
Altamira
 7.84 
 0.55 
KTGDF
 7.14 
 0.26 
Angkor
 3.45 
 0.30 
Freeman
 9.09 
 0.10 
Novo
 5.56 
 0.17 
Ridgeline
 3.57 
 0.29 
Inventus
 11.11 
 0.80 
Galleon
 20.00 
 0.18 
Tristar
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Market Performance
(90 Days Performance)
Mild
Mild
Solid
Fair
Good
Soft
Weakest
Fair
Good
Good
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
High
Small
Small
Fair
Small
High
Average
Low
Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Hold
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
3.09
9.56
9.05
0.23
3.29
1.73
8.32
0.11
1.15
61.58
Net Asset
24.8 M
19.81 M
14.12 M
3.79 M
31.33 M
462.68 M
8.63 M
881.41 K
24.3 M
27.55 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
-1.28
N/A
N/A
N/A
N/A
EBITDA
(1.87 M)
(1.57 M)
(1.69 M)
(2.58 M)
(3.49 M)
43.34 M
(1.16 M)
(4.13 M)
(299.34 K)
(1.71 M)
Current Valuation
10.79 M
29.5 M
4.75 M
10.62 M
15.19 M
14.68 M
10.1 M
8.48 M
5.65 M
21.07 M
Price To Book
0.65
2.19
0.66
10.95
1.02
0.39
1.35
69.04
0.45
1.03
Operating Margin
N/A
N/A
N/A
N/A
N/A
-0.61
N/A
N/A
N/A
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
(9.59 M)
N/A
N/A
(14.02 M)
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
3.97 M
N/A
N/A
4.28 M
N/A
Beta
1.49
0.68
1.05
0.52
0.5
1.4
1.91
1.02
1.42
0.86
Number Of Employees
4
43
11
14
2
111
3
15
4
18
Shares Outstanding
42.91 M
163.74 M
88.83 M
222.81 M
131.75 M
262.15 M
68.47 M
164.6 M
61.51 M
255.13 M
Cash Flow From Operations
(1.65 M)
(960.65 K)
(1.26 M)
(1.08 M)
(2.35 M)
(19.66 M)
(858.88 K)
(1.33 M)
(1.81 M)
3.67 M
Total Debt
190.58 K
N/A
40 K
2.51 M
124.54 K
37.38 M
77.34 K
40 K
149.94 K
N/A
Return On Equity
-0.0534
-0.0803
-0.11
-2.05
0.0145
-0.49
-0.12
-19.12
-0.0445
0.0372
Z Score
28.8
N/A
N/A
3.6
N/A
0.6
N/A
N/A
48.6
N/A
Return On Asset
-0.043
-0.0469
-0.0723
-0.28
-0.088
-0.11
-0.059
-3.0
-0.0612
-0.0282
Book Value Per Share
0.55
0.12
0.2
0.007
0.21
0.78
0.13
-0.005
0.43
0.11
Current Liabilities
N/A
N/A
N/A
N/A
N/A
2.51 M
N/A
N/A
438 K
N/A
Total Asset
24.8 M
19.81 M
14.12 M
3.79 M
31.33 M
462.68 M
8.63 M
881.41 K
24.3 M
27.55 M
Debt To Equity
0.01
0.01
0.003
N/A
0.004
0.26
0.013
0.34
0.006
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
0.5
N/A
N/A
N/A
0.8
Shares Owned By Institutions
1.52
15.8
2.72
N/A
N/A
0.31
4.8
2.83
1.38
19.39
Market Capitalization
9.23 M
24.82 M
11.9 M
16.68 M
22.92 M
62.29 M
14.47 M
10.4 M
12.22 M
28.68 M
Price To Earning
-13.86
-2.81
-4.71
-5.79
N/A
1.95
N/A
N/A
3.0
N/A
Price To Sales
N/A
N/A
N/A
N/A
N/A
0.46
N/A
N/A
N/A
N/A
Net Income
(1.83 M)
(1.58 M)
(1.82 M)
(2.71 M)
(3.49 M)
(704 K)
(1.21 M)
(4.16 M)
(344.66 K)
207.91 K
Earnings Per Share
-0.036
-0.011
-0.019
-0.033
N/A
-0.047
-0.022
-0.019
-0.016
N/A
Shares Owned By Insiders
14.31
10.25
8.07
27.34
6.96
1.23
7.8
35.2
22.5
4.47
Revenue
N/A
N/A
N/A
N/A
N/A
112.24 M
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
1.46 M
N/A
N/A
3.84 M
N/A
Cash And Equivalents
3.63 M
3.25 M
1.36 M
768.28 K
12.41 M
74.88 M
965.85 K
19.78 K
3.61 M
7.49 M
Cash Per Share
0.09
0.02
0.02
N/A
0.09
0.3
0.02
N/A
0.07
0.03
Gross Profit
(149.51 K)
N/A
(5.03 K)
N/A
(12.75 K)
1.48 M
N/A
N/A
N/A
N/A
Day Typical Price
0.67
0.16
0.54
0.26
0.29
0.1
0.17
0.29
0.81
0.17
Accumulation Distribution
149.25
543.0
1309.69
209.26
9322.58
37160.91
4944.44
N/A
0.0482
6611.11
Market Facilitation Index
0.0
0.0
0.0
0.0
0.0
N/A
N/A
N/A
0.04
N/A
Daily Balance Of Power
4.0
(1.00)
1.333333
(2.00)
0.25
(1.00)
(1.00)
9.2 T
(2.50)
1.5
Period Momentum Indicator
0.04
(0.01)
0.04
(0.02)
0.01
(0.01)
(0.01)
0.01
(0.10)
0.03
Rate Of Daily Change
1.06
0.94
1.08
0.93
1.03
0.91
0.94
1.04
0.89
1.2
Day Median Price
0.67
0.16
0.54
0.27
0.29
0.11
0.18
0.29
0.81
0.17
Price Action Indicator
0.025
N/A
0.035
(0.01)
0.015
(0.01)
(0.01)
0.005
(0.06)
0.025
Relative Strength Index
57.25
45.2
56.94
53.95
66.62
47.34
44.93
58.79
53.36
61.18
Coefficient Of Variation
6283.6
3747.69
452.81
1191.39
633.87
3098.17
(2,645)
920.79
552.06
898.34
Mean Deviation
3.51
3.5
3.62
4.0
5.34
5.77
4.03
8.26
4.72
4.07
Jensen Alpha
0.0499
0.0964
1.08
0.4321
1.0
0.2054
(0.31)
1.39
1.17
0.6548
Total Risk Alpha
(0.23)
(0.19)
0.84
0.1368
0.6759
(0.30)
(0.63)
0.6447
0.7906
0.3094
Sortino Ratio
0.0052
0.0168
0.2172
0.0607
0.1442
0.0366
N/A
0.0984
0.197
0.0661
Downside Variance
28.63
35.44
25.83
50.9
51.83
68.46
N/A
193.46
32.91
88.25
Standard Deviation
5.08
5.74
5.24
5.79
6.92
11.02
6.41
13.09
6.53
6.06
Kurtosis
2.4
5.23
3.79
1.04
1.16
20.15
6.23
3.6
2.14
1.69
Potential Upside
8.0
11.76
12.0
12.5
10.53
10.0
10.53
26.32
10.39
9.09
Treynor Ratio
0.1455
0.1318
0.7229
0.4674
0.5882
0.1059
(0.20)
3.56
7.84
3.04
Maximum Drawdown
29.07
35.53
30.7
28.93
34.09
88.1
33.51
76.09
34.95
31.93
Variance
25.78
32.93
27.44
33.51
47.83
121.45
41.05
171.3
42.67
36.68
Market Risk Adjusted Performance
0.1555
0.1418
0.7329
0.4774
0.5982
0.1159
(0.19)
3.57
7.85
3.05
Risk Adjusted Performance
0.0202
0.0283
0.1707
0.0703
0.1248
0.033
(0.02)
0.0892
0.1419
0.0905
Skewness
0.5261
1.74
1.3
0.5402
0.764
3.45
(0.94)
1.23
0.8307
0.1107
Semi Deviation
4.17
3.48
3.11
4.15
4.59
6.77
N/A
8.56
4.37
4.42
Information Ratio
0.0055
0.0174
0.2107
0.0748
0.1501
0.0275
(0.05)
0.1046
0.173
0.1026
Value At Risk
(6.06)
(5.88)
(7.14)
(9.52)
(7.69)
(12.73)
(9.09)
(16.67)
(8.51)
(8.33)
Expected Short fall
(4.90)
(9.05)
(5.58)
(7.43)
(8.75)
(7.39)
N/A
(14.40)
(6.74)
(8.57)
Downside Deviation
5.35
5.95
5.08
7.13
7.2
8.27
N/A
13.91
5.74
9.39
Semi Variance
17.37
12.11
9.69
17.21
21.1
45.85
N/A
73.29
19.1
19.54

Fortune Bay Competition Performance Charts

Five steps to successful analysis of Fortune Bay Competition

Fortune Bay's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Fortune Bay Corp in relation to its competition. Fortune Bay's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Fortune Bay in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Fortune Bay's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fortune Bay Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Fortune Bay position

In addition to having Fortune Bay in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Small Blend Funds Thematic Idea Now

Small Blend Funds
Small Blend Funds Theme
Fund or Etfs that invest in stocks of small to mid-sized entities that have characteristics of both growth and value companies. The Small Blend Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Blend Funds Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Fortune OTC Stock

Fortune Bay financial ratios help investors to determine whether Fortune OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortune with respect to the benefits of owning Fortune Bay security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY