Fortune Brands Home Price on December 15, 2022

If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for Fortune Brands Home, which you can use to evaluate the volatility of the firm. Please confirm Fortune Brands' Mean Deviation of 2.11, downside deviation of 4.7, and Coefficient Of Variation of 19497.83 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Fortune Brands is not performing at its full potential. However, 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 Fortune Brands by adding Fortune Brands to a well-diversified portfolio.

Fortune Brands Valuation on December 15, 2022

It is possible to determine the worth of Fortune Brands on a given historical date. On December 15, 2022 Fortune was worth 51.05 at the beginning of the trading date compared to the closed value of 57.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortune Brands stock. Still, in general, we apply an absolute valuation method to find Fortune Brands' 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 Fortune Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortune Brands' related companies.
 Open High Low Close Volume
  53.88    54.71    52.28    52.90    2,642,727  
12/15/2022
  51.05    57.69    49.51    57.62    3,469,320  
  57.51    59.10    55.70    57.13    28,490,415  
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Open Value
51.05
57.62
Closing Value
51.05
Upside

Fortune Brands Trading Date Momentum on December 15, 2022

On December 16 2022 Fortune Brands Home was traded for  57.13  at the closing time. The top price for the day was 59.10  and the lowest listed price was  55.70 . The trading volume for the day was 28.5 M. The trading history from December 16, 2022 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.85% . The overall trading delta against the current closing price is 1.79% .

Fortune Brands Home Fundamentals Correlations and Trends

By evaluating Fortune Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortune Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortune financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fortune Brands Stock history

Fortune Brands 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 Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune Brands Home 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 Fortune Brands stock prices may prove useful in developing a viable investing in Fortune Brands
Fortune Brands Home Security, Inc. provides home and security products for residential home repair, remodeling, new construction, and security applications. The company was incorporated in 1988 and is headquartered in Deerfield, Illinois. Fortune Brands operates under Building Products Equipment classification in the United States and is traded on New York Stock Exchange. It employs 28000 people.

Fortune Brands Stock Technical Analysis

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, delisted stock market cycles, or different charting patterns.
A focus of Fortune Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortune Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fortune Brands Period Price Range

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Fortune Brands Home cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Fortune Brands December 3, 2024 Market Strength

Market strength 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 undertsting and applying Fortune Brands stock market strength indicators, traders can identify Fortune Brands Home entry and exit signals to maximize returns

Fortune Brands Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortune Brands' price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Consideration for investing in Fortune Stock

If you are still planning to invest in Fortune Brands Home check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fortune Brands' history and understand the potential risks before investing.
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