Disposition of 4166 shares by Gary Smith of Ciena Corp at 44.7976 subject to Rule 16b-3

FTS Stock  USD 45.16  0.34  0.76%   
Slightly above 51% of Fortis' investor base is interested to short. The analysis of overall sentiment of trading Fortis Inc stock suggests that many investors are impartial at this time. Fortis' investing sentiment can be driven by a variety of factors including economic data, Fortis' earnings reports, geopolitical events, and overall market trends.
  
Filed transaction by Ciena Corp Director, Officer: President, Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

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Disposition of 4166 common stock at 44.7976 of Ciena Corp by Gary Smith on 15th of April 2024. This event was filed by Ciena Corp with SEC on 2024-04-15. Statement of changes in beneficial ownership - SEC Form 4. Gary Smith currently serves as president, chief executive officer, director of Ciena Corp

Cash Flow Correlation

Fortis' cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Fortis' relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Fortis Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Fortis can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Fortis Fundamental Analysis

We analyze Fortis' 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 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.

Retained Earnings

Retained Earnings Comparative Analysis

Fortis is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Fortis Inc 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 stock to make a market-neutral strategy. Peer analysis of Fortis could also be used in its relative valuation, which is a method of valuing Fortis by comparing valuation metrics with similar companies.

Peers

Fortis Related Equities

CNPCenterPoint Energy   0.63   
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CMSCMS Energy   0.45   
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LNTAlliant Energy   0.19   
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19.0%
PEGPublic Service   0.05   
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5.0%
MGEEMGE Energy   0.01   
0%
1.0%
AEEAmeren Corp   0.17   
17.0%
0%
ETREntergy   0.32   
32.0%
0%
EVRGEvergy,   0.46   
47.0%
0%
EIXEdison International   0.70   
72.0%
0%
PNWPinnacle West   0.74   
76.0%
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FEFirstEnergy   0.97   
100.0%
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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.