Fortis Cum Rd Stock Statistic Functions Beta

FTRSF Stock  USD 18.00  0.00  0.00%   
Fortis statistic functions tool provides the execution environment for running the Beta function and other technical functions against Fortis. Fortis value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Fortis statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Fortis CUM RD correlated with the market. If Beta is less than 0 Fortis generally moves in the opposite direction as compared to the market. If Fortis Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortis CUM RD is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortis is generally in the same direction as the market. If Beta > 1 Fortis moves generally in the same direction as, but more than the movement of the benchmark.

Fortis Technical Analysis Modules

Most technical analysis of Fortis help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fortis from various momentum indicators to cycle indicators. When you analyze Fortis charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Fortis Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortis CUM RD. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortis CUM RD based on widely used predictive technical indicators. In general, we focus on analyzing Fortis Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortis's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Fortis's intrinsic value. In addition to deriving basic predictive indicators for Fortis, we also check how macroeconomic factors affect Fortis price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortis' 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
17.4718.0018.53
Details
Intrinsic
Valuation
LowRealHigh
16.3516.8819.80
Details
Naive
Forecast
LowNextHigh
17.8218.3418.87
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
16.7617.3317.90
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortis in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortis' short interest history, or implied volatility extrapolated from Fortis options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Synthetics Idea
Synthetics
Invested over 70 shares
Macroaxis Index Idea
Macroaxis Index
Invested over 20 shares
Blockchain Idea
Blockchain
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 50 shares
Momentum Idea
Momentum
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 30 shares
Power Assets Idea
Power Assets
Invested over 200 shares
Advertising Idea
Advertising
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
FinTech Idea
FinTech
Invested over 20 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares

Other Information on Investing in Fortis Pink Sheet

Fortis financial ratios help investors to determine whether Fortis Pink Sheet 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 Fortis with respect to the benefits of owning Fortis security.