Fortis Inc Stock Price on October 10, 2024
| FTS Stock | USD 45.16 0.34 0.76% |
Below is the normalized historical share price chart for Fortis Inc extending back to June 25, 2004. 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 stands at 45.16, as last reported on the 25th of November, with the highest price reaching 45.30 and the lowest price hitting 44.83 during the day.
If you're considering investing in Fortis Stock, it is important to understand the factors that can impact its price. Currently, Fortis Inc is very steady. Fortis Inc secures Sharpe Ratio (or Efficiency) of 0.0723, which denotes the company had a 0.0723% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortis Inc, which you can use to evaluate the volatility of the firm. Please confirm Fortis' Downside Deviation of 0.8714, mean deviation of 0.693, and Coefficient Of Variation of 1276.53 to check if the risk estimate we provide is consistent with the expected return of 0.0663%.
At this time, Fortis' Stock Based Compensation To Revenue is comparatively stable compared to the past year. . At this time, Fortis' Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 2.15 in 2024, whereas Price Earnings Ratio is likely to drop 13.30 in 2024. Fortis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of January 2016 | 200 Day MA 41.3984 | 50 Day MA 44.3804 | Beta 0.226 |
Fortis |
Sharpe Ratio = 0.0723
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Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Fortis is performing at about 5% 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 by adding it to a well-diversified portfolio.
Price Book 1.504 | Enterprise Value Ebitda 11.7925 | Price Sales 1.9624 | Shares Float 496.5 M | Dividend Share 2.36 |
Fortis Valuation on October 10, 2024
It is possible to determine the worth of Fortis on a given historical date. On October 10, 2024 Fortis was worth 42.83 at the beginning of the trading date compared to the closed value of 42.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortis stock. Still, in general, we apply an absolute valuation method to find Fortis' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortis' related companies.
| Open | High | Low | Close | Volume | |
| 42.97 | 43.09 | 42.70 | 42.91 | 594,800 | |
10/10/2024 | 42.83 | 42.99 | 42.52 | 42.70 | 659,100 |
| 42.63 | 43.05 | 42.63 | 42.97 | 342,300 |
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Fortis Trading Date Momentum on October 10, 2024
| On October 11 2024 Fortis Inc was traded for 42.97 at the closing time. Highest Fortis's price during the trading hours was 43.05 and the lowest price during the day was 42.63 . The net volume was 342.3 K. The overall trading history on the 11th of October 2024 contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.63% . The overall trading delta to current price is 3.93% . |
Fortis Inc Fundamentals Correlations and Trends
By evaluating Fortis' 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' 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 Stock history
Fortis 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 Inc 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 stock prices may prove useful in developing a viable investing in Fortis
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 486.5 M | 510.8 M | |
| Net Income Applicable To Common Shares | 1.5 B | 1.6 B |
Fortis Stock Technical Analysis
Fortis 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 Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Fortis Inc 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.
Fortis November 25, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortis' 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 | 0.0617 | |||
| Jensen Alpha | 0.0425 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.3926 |
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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.