Fortune Brands Innovations Stock Alpha and Beta Analysis
| FBIN Stock | 80.96 4.46 5.83% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fortune Brands Innovations. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fortune Brands over a specified time horizon. Remember, high Fortune Brands' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Fortune Brands' market risk premium analysis include:
Beta 0.8 | Alpha (0.12) | Risk 1.76 | Sharpe Ratio 0.0299 | Expected Return 0.0526 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Fortune |
Fortune Brands Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fortune Brands market risk premium is the additional return an investor will receive from holding Fortune Brands long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fortune Brands. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Fortune Brands' performance over market.| α | -0.12 | β | 0.80 |
Fortune Brands expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Fortune Brands' Buy-and-hold return. Our buy-and-hold chart shows how Fortune Brands performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Fortune Brands Market Price Analysis
Market price analysis indicators help investors to evaluate how Fortune Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortune Brands shares will generate the highest return on investment. By understating and applying Fortune Brands stock market price indicators, traders can identify Fortune Brands position entry and exit signals to maximize returns.
Fortune Brands Return and Market Media
The median price of Fortune Brands for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 83.85 with a coefficient of variation of 6.01. The daily time series for the period is distributed with a sample standard deviation of 4.98, arithmetic mean of 82.79, and mean deviation of 4.43. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Fortune Brands dividend paid on 11th of September 2024 | 09/11/2024 |
1 | Fortune Brands Innovations declares 0.24 dividend | 09/23/2024 |
2 | Acquisition by Finan Irial of 342 shares of Fortune Brands subject to Rule 16b-3 | 10/02/2024 |
3 | Acquisition by Nicholas Fink of 32473 shares of Fortune Brands subject to Rule 16b-3 | 10/18/2024 |
4 | Fortune Brands Innovations Inc Stock Price Down 3.18 percent on Oct 29 | 10/29/2024 |
5 | Fortune Brands Innovations Q3 Earnings Beat Estimates | 11/06/2024 |
6 | Fortune Brands Innovations Inc Trading Down 6.15 percent on Nov 7 | 11/07/2024 |
7 | Fortune Brands Innovations Announces Quarterly Earnings Results | 11/08/2024 |
8 | Ridgecrest Wealth Partners LLC Takes Position in Fortune Brands Innovations, Inc. | 11/11/2024 |
9 | Select Equity Group, L.P. Expands Stake in Fortune Brands Innovations Inc | 11/15/2024 |
10 | Knuff Co LLC Reduces Stake in Fortune Brands Innovations, Inc. | 11/19/2024 |
About Fortune Brands Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Fortune or other stocks. Alpha measures the amount that position in Fortune Brands Innov has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0114 | 0.0196 | 0.0225 | 0.0364 | Price To Sales Ratio | 1.64 | 1.58 | 1.42 | 1.06 |
Fortune Brands Upcoming Company Events
As portrayed in its financial statements, the presentation of Fortune Brands' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortune Brands' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Fortune Brands' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Fortune Brands. Please utilize our Beneish M Score to check the likelihood of Fortune Brands' management manipulating its earnings.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Fortune Brands Backtesting, Fortune Brands Valuation, Fortune Brands Correlation, Fortune Brands Hype Analysis, Fortune Brands Volatility, Fortune Brands History and analyze Fortune Brands Performance. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Fortune Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.