Fortis Healthcares Stock Continues to Soar, Outperforming Sector and Market Averages - MarketsMojo
| FORTIS Stock | 713.70 0.10 0.01% |
About 54% of Fortis Healthcare's investor base is interested to short. The analysis of overall sentiment of trading Fortis Healthcare Limited stock suggests that many investors are impartial at this time. The current market sentiment, together with Fortis Healthcare's historical and current headlines, can help investors time the market. In addition, many technical investors use Fortis Healthcare stock news signals to limit their universe of possible portfolio assets.
Fortis |
Fortis Healthcares Stock Continues to Soar, Outperforming Sector and Market Averages MarketsMojo
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Fortis Healthcare Fundamental Analysis
We analyze Fortis Healthcare's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortis Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortis Healthcare 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.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Fortis Healthcare is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Fortis Healthcare Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fortis Healthcare stock to make a market-neutral strategy. Peer analysis of Fortis Healthcare could also be used in its relative valuation, which is a method of valuing Fortis Healthcare by comparing valuation metrics with similar companies.
Peers
Fortis Healthcare Related Equities
| BHARTIARTL | Bharti Airtel | 0.47 | ||||
| ONGC | Oil Natural | 0.12 | ||||
| ICICIBANK | ICICI Bank | 0.29 | ||||
| RELIANCE | Reliance Industries | 0.52 |
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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