Fortune Bay Financials
| FTBYF Stock | USD 0.18 0.01 5.88% |
With this module, you can analyze Fortune financials for your investing period. You should be able to track the changes in Fortune Bay individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Fortune |
Understanding current and past Fortune Bay Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortune Bay's financial statements are interrelated, with each one affecting the others. For example, an increase in Fortune Bay's assets may result in an increase in income on the income statement.
The data published in Fortune Bay's official financial statements typically reflect Fortune Bay's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Fortune Bay's quantitative information. For example, before you start analyzing numbers published by Fortune accountants, it's essential to understand Fortune Bay's liquidity, profitability, and earnings quality within the context of the Metals & Mining space in which it operates.
Fortune Bay Stock Summary
Fortune Bay competes with Guanajuato Silver, Silver One, IMPACT Silver, Bald Eagle, and Discovery Metals. Fortune Bay Corp. acquires, explores for, and develops mineral properties. It also owns 2 percent net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. Fortune Bay is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 1969 Upper Water |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.fortunebaycorp.com |
| Phone | 902 422 1421 |
| Currency | USD - US Dollar |
Fortune Bay Key Financial Ratios
There are many critical financial ratios that Fortune Bay's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Fortune Bay Corp reports annually and quarterly.| Return On Equity | -0.0534 | |||
| Return On Asset | -0.043 | |||
| Beta | 1.49 | |||
| Z Score | 28.8 |
Fortune Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortune Bay's current stock value. Our valuation model uses many indicators to compare Fortune Bay value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortune Bay competition to find correlations between indicators driving Fortune Bay's intrinsic value. More Info.Fortune Bay Corp is rated # 3 in return on equity category among its peers. It is rated # 2 in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fortune Bay's earnings, one of the primary drivers of an investment's value.Fortune Bay Corp Systematic Risk
Fortune Bay's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortune Bay volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Fortune Bay Corp correlated with the market. If Beta is less than 0 Fortune Bay generally moves in the opposite direction as compared to the market. If Fortune Bay Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortune Bay Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortune Bay is generally in the same direction as the market. If Beta > 1 Fortune Bay moves generally in the same direction as, but more than the movement of the benchmark.
Fortune Bay November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fortune Bay help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortune Bay Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortune Bay Corp based on widely used predictive technical indicators. In general, we focus on analyzing Fortune OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortune Bay's daily price indicators and compare them against related drivers.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 41.67 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 10.53 |
Complementary Tools for Fortune OTC Stock analysis
When running Fortune Bay's price analysis, check to measure Fortune Bay's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortune Bay is operating at the current time. Most of Fortune Bay's value examination focuses on studying past and present price action to predict the probability of Fortune Bay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Bay's price. Additionally, you may evaluate how the addition of Fortune Bay to your portfolios can decrease your overall portfolio volatility.
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