Fortis Healthcare (India) Price on November 14, 2024
| FORTIS Stock | 664.60 33.25 4.76% |
Below is the normalized historical share price chart for Fortis Healthcare Limited extending back to May 09, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fortis Healthcare stands at 664.60, as last reported on the 27th of November, with the highest price reaching 707.00 and the lowest price hitting 661.05 during the day.
If you're considering investing in Fortis Stock, it is important to understand the factors that can impact its price. Fortis Healthcare appears to be very steady, given 3 months investment horizon. Fortis Healthcare secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortis Healthcare Limited, which you can use to evaluate the volatility of the firm. Please utilize Fortis Healthcare's Downside Deviation of 2.01, coefficient of variation of 662.81, and Mean Deviation of 1.65 to check if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 71 B, whereas Total Stockholder Equity is forecasted to decline to about 38.6 B. . Fortis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 506.1108 | 50 Day MA 617.321 | Beta 0.607 |
Fortis |
Sharpe Ratio = 0.1742
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Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Fortis Healthcare is performing at about 13% 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 Fortis Healthcare by adding it to a well-diversified portfolio.
Price Book 6.7138 | Enterprise Value Ebitda 37.4549 | Price Sales 6.8897 | Shares Float 488.4 M | Wall Street Target Price 685.3571 |
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Fortis Healthcare Valuation on November 14, 2024
It is possible to determine the worth of Fortis Healthcare on a given historical date. On November 14, 2024 Fortis was worth 621.9 at the beginning of the trading date compared to the closed value of 639.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortis Healthcare stock. Still, in general, we apply an absolute valuation method to find Fortis Healthcare'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 Fortis Healthcare where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortis Healthcare's related companies.
| Open | High | Low | Close | Volume | |
| 639.90 | 639.95 | 616.00 | 620.40 | 877,444 | |
11/14/2024 | 621.90 | 648.55 | 620.80 | 639.10 | 1,899,802 |
| 642.00 | 653.00 | 627.05 | 648.50 | 942,439 |
| Backtest Fortis Healthcare | | | Fortis Healthcare History | | | Fortis Healthcare Valuation | Previous | Next |
Fortis Healthcare Trading Date Momentum on November 14, 2024
| On November 18 2024 Fortis Healthcare Limited was traded for 648.50 at the closing time. The highest price during the trading period was 653.00 and the lowest recorded bid was listed for 627.05 . The volume for the day was 942.4 K. This history from November 18, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.47% . The overall trading delta to the current price is 9.33% . |
Fortis Healthcare Fundamentals Correlations and Trends
By evaluating Fortis Healthcare'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 Fortis Healthcare's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortis Healthcare Stock history
Fortis Healthcare 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 Fortis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortis Healthcare 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 Fortis Healthcare stock prices may prove useful in developing a viable investing in Fortis Healthcare
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 868.2 M | 735 M | |
| Net Income Applicable To Common Shares | 6.8 B | 7.1 B |
Fortis Healthcare Stock Technical Analysis
Fortis Healthcare 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
Fortis Healthcare Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Fortis Healthcare Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Fortis Healthcare November 27, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortis Healthcare's price direction in advance. Along with the technical and fundamental analysis of Fortis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortis 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 | 0.1215 | |||
| Jensen Alpha | 0.281 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0861 | |||
| Treynor Ratio | 2.75 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Fortis Stock analysis
When running Fortis Healthcare's price analysis, check to measure Fortis Healthcare'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 Fortis Healthcare is operating at the current time. Most of Fortis Healthcare's value examination focuses on studying past and present price action to predict the probability of Fortis Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis Healthcare's price. Additionally, you may evaluate how the addition of Fortis Healthcare to your portfolios can decrease your overall portfolio volatility.
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