Fortis Inc Stock Key Fundamental Indicators
| FORFF Stock | USD 17.56 0.00 0.00% |
As of the 3rd of March, Fortis shows the Standard Deviation of 0.5325, variance of 0.2836, and Mean Deviation of 0.2697. Fortis Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fortis Inc market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Fortis Inc is priced favorably, providing market reflects its regular price of 17.56 per share. Given that Fortis has total risk alpha of 0.0465, we urge you to verify Fortis Inc's prevailing market performance to make sure the company can sustain itself at a future point.
Fortis' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Fortis' valuation are provided below:Fortis Inc does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Fortis |
Fortis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fortis' pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fortis.
| 12/03/2025 |
| 03/03/2026 |
If you would invest 0.00 in Fortis on December 3, 2025 and sell it all today you would earn a total of 0.00 from holding Fortis Inc or generate 0.0% return on investment in Fortis over 90 days. Fortis is related to or competes with Equatorial Energia, Union Electric, Huadian Power, Ameren Corp, Interconnection Electric, HK Electric, and Fortis. Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries More
Fortis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fortis' pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fortis Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0468 | |||
| Maximum Drawdown | 3.71 | |||
| Potential Upside | 1.34 |
Fortis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortis' standard deviation. In reality, there are many statistical measures that can use Fortis historical prices to predict the future Fortis' volatility.| Risk Adjusted Performance | 0.1477 | |||
| Jensen Alpha | 0.0953 | |||
| Total Risk Alpha | 0.0465 | |||
| Treynor Ratio | 11.02 |
Fortis March 3, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1477 | |||
| Market Risk Adjusted Performance | 11.03 | |||
| Mean Deviation | 0.2697 | |||
| Coefficient Of Variation | 502.77 | |||
| Standard Deviation | 0.5325 | |||
| Variance | 0.2836 | |||
| Information Ratio | 0.0468 | |||
| Jensen Alpha | 0.0953 | |||
| Total Risk Alpha | 0.0465 | |||
| Treynor Ratio | 11.02 | |||
| Maximum Drawdown | 3.71 | |||
| Potential Upside | 1.34 | |||
| Skewness | 1.89 | |||
| Kurtosis | 8.16 |
Fortis Inc Backtested Returns
At this point, Fortis is very steady. Fortis Inc secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the company had a 0.21 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for Fortis Inc, which you can use to evaluate the volatility of the firm. Please confirm Fortis' Mean Deviation of 0.2697, standard deviation of 0.5325, and Variance of 0.2836 to check if the risk estimate we provide is consistent with the expected return of 0.11%. Fortis has a performance score of 16 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0087, which means not very significant fluctuations relative to the market. As returns on the market increase, Fortis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortis is expected to be smaller as well. Fortis Inc right now shows a risk of 0.55%. Please confirm Fortis Inc jensen alpha, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to decide if Fortis Inc will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Fortis Inc has very weak predictability. Overlapping area represents the amount of predictability between Fortis time series from 3rd of December 2025 to 17th of January 2026 and 17th of January 2026 to 3rd of March 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortis Inc price movement. The serial correlation of 0.18 indicates that over 18.0% of current Fortis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Fortis Inc has a Profit Margin of 0.1262%. This is 98.58% lower than that of the Utilities sector and significantly higher than that of the Utilities—Regulated Electric industry. The profit margin for all United States stocks is 109.94% lower than that of the firm.
Fortis Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortis's current stock value. Our valuation model uses many indicators to compare Fortis value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortis competition to find correlations between indicators driving Fortis's intrinsic value. More Info.Fortis Inc is rated # 5 in return on equity category among its peers. It also is rated # 5 in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortis Inc is roughly 2.39 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fortis' earnings, one of the primary drivers of an investment's value.Fortis Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fortis' direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Fortis could also be used in its relative valuation, which is a method of valuing Fortis by comparing valuation metrics of similar companies.Fortis is currently under evaluation in profit margin category among its peers.
Fortis Fundamentals
| Return On Equity | 0.0692 | |||
| Return On Asset | 0.029 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 37.48 B | |||
| Shares Owned By Institutions | 8.64 % | |||
| Price To Earning | 6.96 X | |||
| Revenue | 11.04 B | |||
| Gross Profit | 4.41 B | |||
| EBITDA | 4.57 B | |||
| Net Income | 1.39 B | |||
| Cash And Equivalents | 338 M | |||
| Cash Per Share | 0.71 X | |||
| Total Debt | 25.93 B | |||
| Debt To Equity | 1.24 % | |||
| Current Ratio | 0.64 X | |||
| Book Value Per Share | 40.25 X | |||
| Cash Flow From Operations | 3.07 B | |||
| Earnings Per Share | 1.97 X | |||
| Number Of Employees | 10 | |||
| Beta | 0.17 | |||
| Total Asset | 64.25 B | |||
| Annual Yield | 0.06 % | |||
| Net Asset | 64.25 B | |||
| Last Dividend Paid | 2.17 |
About Fortis Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fortis Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortis using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortis Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. Fortis Inc operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 9100 people.
Currently Active Assets on Macroaxis
| FSLY | Fastly Class A | |
| MOB | Mobilicom Limited American | |
| CMG | Chipotle Mexican Grill | |
| CSAN | Cosan SA ADR | |
| RKT | Rocket Companies |
Additional Information and Resources on Investing in Fortis Pink Sheet
When determining whether Fortis Inc is a strong investment it is important to analyze Fortis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortis' future performance. For an informed investment choice regarding Fortis Pink Sheet, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.