Fortress Transportation And Stock Market Value
| FTAIO Stock | USD 25.46 0.05 0.20% |
| Symbol | Fortress |
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortress Transportation. If investors know Fortress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortress Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fortress Transportation is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transportation's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortress Transportation's market value can be influenced by many factors that don't directly affect Fortress Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortress Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fortress Transportation '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 Fortress Transportation's stock 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 Fortress Transportation.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Fortress Transportation on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Fortress Transportation and or generate 0.0% return on investment in Fortress Transportation over 270 days. Fortress Transportation is related to or competes with Fortress Transportation, ACRES Commercial, and Compass Diversified. Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the ... More
Fortress Transportation 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 Fortress Transportation's stock 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 Fortress Transportation and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6346 | |||
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 2.92 | |||
| Value At Risk | (0.81) | |||
| Potential Upside | 0.8149 |
Fortress Transportation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortress Transportation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortress Transportation's standard deviation. In reality, there are many statistical measures that can use Fortress Transportation historical prices to predict the future Fortress Transportation's volatility.| Risk Adjusted Performance | 0.0312 | |||
| Jensen Alpha | 0.0071 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.256 |
Fortress Transportation Backtested Returns
As of now, Fortress Stock is very steady. Fortress Transportation secures Sharpe Ratio (or Efficiency) of 0.0484, which denotes the company had a 0.0484% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortress Transportation and, which you can use to evaluate the volatility of the firm. Please confirm Fortress Transportation's Coefficient Of Variation of 2067.71, downside deviation of 0.6346, and Mean Deviation of 0.3251 to check if the risk estimate we provide is consistent with the expected return of 0.0234%. Fortress Transportation has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0524, which means not very significant fluctuations relative to the market. As returns on the market increase, Fortress Transportation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortress Transportation is expected to be smaller as well. Fortress Transportation right now shows a risk of 0.48%. Please confirm Fortress Transportation skewness, and the relationship between the value at risk and day median price , to decide if Fortress Transportation will be following its price patterns.
Auto-correlation | 0.54 |
Modest predictability
Fortress Transportation and has modest predictability. Overlapping area represents the amount of predictability between Fortress Transportation time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortress Transportation price movement. The serial correlation of 0.54 indicates that about 54.0% of current Fortress Transportation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Fortress Transportation lagged returns against current returns
Autocorrelation, which is Fortress Transportation stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fortress Transportation's stock expected returns. We can calculate the autocorrelation of Fortress Transportation returns to help us make a trade decision. For example, suppose you find that Fortress Transportation has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fortress Transportation regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fortress Transportation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fortress Transportation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fortress Transportation stock over time.
Current vs Lagged Prices |
| Timeline |
Fortress Transportation Lagged Returns
When evaluating Fortress Transportation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fortress Transportation stock have on its future price. Fortress Transportation autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fortress Transportation autocorrelation shows the relationship between Fortress Transportation stock current value and its past values and can show if there is a momentum factor associated with investing in Fortress Transportation and.
Regressed Prices |
| Timeline |
Pair Trading with Fortress Transportation
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortress Transportation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortress Transportation will appreciate offsetting losses from the drop in the long position's value.Moving against Fortress Stock
| 0.33 | GATX | GATX Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Fortress Transportation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortress Transportation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fortress Transportation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fortress Transportation and to buy it.
The correlation of Fortress Transportation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortress Transportation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortress Transportation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fortress Transportation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Fortress Stock
Fortress Transportation financial ratios help investors to determine whether Fortress Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortress with respect to the benefits of owning Fortress Transportation security.