Fortress Transportation Stock Forecast - 20 Period Moving Average
| FTAIN Stock | USD 25.28 0.06 0.24% |
The 20 Period Moving Average forecasted value of Fortress Transportation and on the next trading day is expected to be 25.20 with a mean absolute deviation of 0.25 and the sum of the absolute errors of 10.06. Fortress Stock Forecast is based on your current time horizon. Although Fortress Transportation's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Fortress Transportation's systematic risk associated with finding meaningful patterns of Fortress Transportation fundamentals over time.
Fortress |
Fortress Transportation 20 Period Moving Average Price Forecast For the 17th of February 2025
Given 90 days horizon, the 20 Period Moving Average forecasted value of Fortress Transportation and on the next trading day is expected to be 25.20 with a mean absolute deviation of 0.25, mean absolute percentage error of 0.11, and the sum of the absolute errors of 10.06.Please note that although there have been many attempts to predict Fortress Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Fortress Transportation's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Fortress Transportation Stock Forecast Pattern
| Backtest Fortress Transportation | Fortress Transportation Price Prediction | Buy or Sell Advice |
Fortress Transportation Forecasted Value
In the context of forecasting Fortress Transportation's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Fortress Transportation's downside and upside margins for the forecasting period are 24.42 and 25.98, respectively. We have considered Fortress Transportation's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 20 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Fortress Transportation stock data series using in forecasting. Note that when a statistical model is used to represent Fortress Transportation stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 79.1355 |
| Bias | Arithmetic mean of the errors | 0.0975 |
| MAD | Mean absolute deviation | 0.2454 |
| MAPE | Mean absolute percentage error | 0.0097 |
| SAE | Sum of the absolute errors | 10.06 |
Predictive Modules for Fortress Transportation
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortress Transportation. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Fortress Transportation
For every potential investor in Fortress, whether a beginner or expert, Fortress Transportation's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fortress Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fortress. Basic forecasting techniques help filter out the noise by identifying Fortress Transportation's price trends.Fortress Transportation Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fortress Transportation stock to make a market-neutral strategy. Peer analysis of Fortress Transportation could also be used in its relative valuation, which is a method of valuing Fortress Transportation by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fortress Transportation Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Fortress Transportation's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Fortress Transportation's current price.| Cycle Indicators | ||
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| Volume Indicators |
Fortress Transportation Market Strength Events
Market strength indicators help investors to evaluate how Fortress Transportation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortress Transportation shares will generate the highest return on investment. By undertsting and applying Fortress Transportation stock market strength indicators, traders can identify Fortress Transportation and entry and exit signals to maximize returns.
Fortress Transportation Risk Indicators
The analysis of Fortress Transportation's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Fortress Transportation's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fortress stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5284 | |||
| Standard Deviation | 0.7967 | |||
| Variance | 0.6347 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
When determining whether Fortress Transportation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortress Transportation's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortress Transportation And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortress Transportation And Stock: Check out Historical Fundamental Analysis of Fortress Transportation to cross-verify your projections. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortress Transportation. If investors know Fortress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortress Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.303 | Dividend Share 1.2 | Earnings Share (3.47) | Revenue Per Share | Quarterly Revenue Growth 0.6 |
The market value of Fortress Transportation is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transportation's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortress Transportation's market value can be influenced by many factors that don't directly affect Fortress Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortress Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.