Fortis Stock Forecast - Price Action Indicator
| FTS Stock | USD 44.58 0.25 0.56% |
Fortis Stock Forecast is based on your current time horizon.
Fortis |
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Fortis Trading Date Momentum
| On November 25 2024 Fortis Inc was traded for 45.02 at the closing time. Highest Fortis's price during the trading hours was 45.36 and the lowest price during the day was 44.62 . The net volume was 872.6 K. The overall trading history on the 25th of November contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.31% . The overall trading delta to current price is 0.89% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Fortis
For every potential investor in Fortis, whether a beginner or expert, Fortis' 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' price trends.Fortis 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 stock to make a market-neutral strategy. Peer analysis of Fortis could also be used in its relative valuation, which is a method of valuing Fortis by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fortis Inc 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' 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' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fortis Market Strength Events
Market strength indicators help investors to evaluate how Fortis 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 shares will generate the highest return on investment. By undertsting and applying Fortis stock market strength indicators, traders can identify Fortis Inc entry and exit signals to maximize returns.
Fortis Risk Indicators
The analysis of Fortis' 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' 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 | 0.6942 | |||
| Semi Deviation | 0.8207 | |||
| Standard Deviation | 0.9127 | |||
| Variance | 0.833 | |||
| Downside Variance | 0.7645 | |||
| Semi Variance | 0.6735 | |||
| Expected Short fall | (0.76) |
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.
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Additional Tools for Fortis Stock Analysis
When running Fortis' price analysis, check to measure Fortis' 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 Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.