Fortis Healthcare Stock Forecast - Accumulation Distribution
| FORTIS Stock | 659.20 9.05 1.39% |
Fortis Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fortis Healthcare stock prices and determine the direction of Fortis Healthcare Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fortis Healthcare's historical fundamentals, such as revenue growth or operating cash flow patterns.
Fortis |
| Check Fortis Healthcare Volatility | Backtest Fortis Healthcare | Trend Details |
Fortis Healthcare Trading Date Momentum
| On November 22 2024 Fortis Healthcare Limited was traded for 685.85 at the closing time. The highest price during the trading period was 698.70 and the lowest recorded bid was listed for 676.55 . The volume for the day was 3.3 M. This history from November 22, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.76% . The overall trading delta to the current price is 3.28% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Fortis Healthcare to competition |
Other Forecasting Options for Fortis Healthcare
For every potential investor in Fortis, whether a beginner or expert, Fortis Healthcare's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fortis Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fortis. Basic forecasting techniques help filter out the noise by identifying Fortis Healthcare's price trends.Fortis Healthcare 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 Fortis Healthcare stock to make a market-neutral strategy. Peer analysis of Fortis Healthcare could also be used in its relative valuation, which is a method of valuing Fortis Healthcare by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fortis Healthcare 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 Fortis Healthcare'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 Fortis Healthcare's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fortis Healthcare Market Strength Events
Market strength indicators help investors to evaluate how Fortis Healthcare stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortis Healthcare shares will generate the highest return on investment. By undertsting and applying Fortis Healthcare stock market strength indicators, traders can identify Fortis Healthcare Limited entry and exit signals to maximize returns.
Fortis Healthcare Risk Indicators
The analysis of Fortis Healthcare'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 Fortis Healthcare's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fortis 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 | 1.66 | |||
| Semi Deviation | 1.82 | |||
| Standard Deviation | 2.04 | |||
| Variance | 4.16 | |||
| Downside Variance | 4.42 | |||
| Semi Variance | 3.31 | |||
| Expected Short fall | (1.81) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Fortis Stock
Fortis Healthcare financial ratios help investors to determine whether Fortis 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 Fortis with respect to the benefits of owning Fortis Healthcare security.