Fortive (Germany) Price on December 3, 2024
| F03 Stock | EUR 74.08 0.26 0.35% |
If you're considering investing in Fortive Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortive stands at 74.08, as last reported on the 11th of December 2024, with the highest price reaching 74.08 and the lowest price hitting 74.08 during the day. Fortive appears to be very steady, given 3 months investment horizon. Fortive secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fortive, which you can use to evaluate the volatility of the firm. Please utilize Fortive's Mean Deviation of 0.9182, downside deviation of 1.08, and Coefficient Of Variation of 641.08 to check if our risk estimates are consistent with your expectations.
Fortive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortive |
Sharpe Ratio = 0.156
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Estimated Market Risk
| 1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Fortive is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fortive by adding it to a well-diversified portfolio.
Fortive Valuation on December 3, 2024
It is possible to determine the worth of Fortive on a given historical date. On December 3, 2024 Fortive was worth 74.92 at the beginning of the trading date compared to the closed value of 74.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortive stock. Still, in general, we apply an absolute valuation method to find Fortive's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fortive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortive's related companies.
| Open | High | Low | Close | Volume | |
| 74.96 | 74.96 | 74.96 | 74.96 | 50.00 | |
12/03/2024 | 74.92 | 75.80 | 74.28 | 74.28 | 488.00 |
| 74.36 | 74.36 | 74.36 | 74.36 | 488.00 |
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Fortive Trading Date Momentum on December 3, 2024
| On December 04 2024 Fortive was traded for 74.36 at the closing time. The highest daily price throughout the period was 74.36 and the lowest price was 74.36 . The daily volume was 488. The net trading volume on 12/04/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.11% . The overall trading delta to current closing price is 0.27% . |
Fortive Fundamentals Correlations and Trends
By evaluating Fortive's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortive financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortive Stock history
Fortive investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fortive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortive will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fortive stock prices may prove useful in developing a viable investing in Fortive
Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington. FORTIVE CORP operates under Scientific Technical Instruments classification in Germany and is traded on Frankfurt Stock Exchange. It employs 24000 people.
Fortive Stock Technical Analysis
Fortive 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.
Price Boundaries
Fortive Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Fortive cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fortive December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortive shares will generate the highest return on investment. By undertsting and applying Fortive stock market strength indicators, traders can identify Fortive entry and exit signals to maximize returns
Fortive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortive's price direction in advance. Along with the technical and fundamental analysis of Fortive Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortive to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1171 | |||
| Jensen Alpha | 0.0828 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0705 | |||
| Treynor Ratio | 0.2024 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Fortive Stock analysis
When running Fortive's price analysis, check to measure Fortive's 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 Fortive is operating at the current time. Most of Fortive's value examination focuses on studying past and present price action to predict the probability of Fortive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive's price. Additionally, you may evaluate how the addition of Fortive to your portfolios can decrease your overall portfolio volatility.
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