Fortescue (Australia) Price History

FMG Stock   18.30  0.08  0.44%   
Below is the normalized historical share price chart for Fortescue extending back to January 29, 1988. 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 Fortescue stands at 18.30, as last reported on the 26th of November, with the highest price reaching 18.64 and the lowest price hitting 18.27 during the day.
200 Day MA
21.95
50 Day MA
19.0328
Beta
0.883
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fortescue Stock, it is important to understand the factors that can impact its price. Currently, Fortescue is not too volatile. Fortescue secures Sharpe Ratio (or Efficiency) of 0.0411, which denotes the company had a 0.0411% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fortescue, which you can use to evaluate the volatility of the firm. Please confirm Fortescue's Coefficient Of Variation of 2076.52, downside deviation of 2.36, and Mean Deviation of 1.74 to check if the risk estimate we provide is consistent with the expected return of 0.0937%.
  
At this time, Fortescue's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 2.1 B in 2024, whereas Common Stock is likely to drop slightly above 638.3 M in 2024. . Fortescue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0411

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Fortescue is performing at about 3% 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 Fortescue by adding it to a well-diversified portfolio.
Price Book
1.8817
Enterprise Value Ebitda
3.5454
Price Sales
3.0925
Shares Float
1.6 B
Dividend Share
1.314

Fortescue Stock Price History Chart

There are several ways to analyze Fortescue Stock price data. The simplest method is using a basic Fortescue candlestick price chart, which shows Fortescue price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 30, 202420.68
Lowest PriceSeptember 10, 202415.88

Fortescue November 26, 2024 Stock Price Synopsis

Various analyses of Fortescue's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Fortescue Stock. It can be used to describe the percentage change in the price of Fortescue from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Fortescue Stock.
Fortescue Accumulation Distribution 69,544 
Fortescue Price Action Indicator(0.19)
Fortescue Price Daily Balance Of Power(0.22)
Fortescue Price Rate Of Daily Change 1.00 

Fortescue November 26, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Fortescue Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Fortescue intraday prices and daily technical indicators to check the level of noise trading in Fortescue Stock and then apply it to test your longer-term investment strategies against Fortescue.

Fortescue Stock Price History Data

The price series of Fortescue for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 4.8 with a coefficient of variation of 6.87. Under current investment horizon, the daily prices are spread out with arithmetic mean of 18.51. The median price for the last 90 days is 18.85. The company completed 10:1 stock split on 19th of December 2007. Fortescue completed dividends distribution on 2024-09-04.
OpenHighLowCloseVolume
11/26/2024 18.60  18.64  18.27  18.30  3,503,535 
11/25/2024 18.60  18.77  18.36  18.38  8,106,508 
11/22/2024 18.07  18.52  18.05  18.31  6,904,116 
11/21/2024 17.87  18.15  17.81  18.11  5,403,346 
11/20/2024 17.94  18.05  17.75  17.75  4,937,502 
11/19/2024 17.88  17.91  17.54  17.75  7,625,440 
11/18/2024 17.93  18.00  17.70  17.95  6,881,032 
11/15/2024 17.86  18.00  17.67  17.73  5,801,126 
11/14/2024 18.14  18.24  17.92  17.94  5,890,650 
11/13/2024 18.14  18.38  18.02  18.29  7,187,048 
11/12/2024 17.90  18.75  17.75  18.14  9,485,403 
11/11/2024 18.76  18.85  18.12  18.12  13,214,322 
11/08/2024 19.98  20.30  19.51  19.55  9,284,680 
11/07/2024 19.03  19.50  18.97  19.50  6,266,232 
11/06/2024 19.25  19.26  18.80  18.88  5,955,120 
11/05/2024 19.19  19.36  19.04  19.09  4,910,750 
11/04/2024 19.52  19.55  19.22  19.22  4,398,742 
11/01/2024 19.06  19.51  18.92  19.49  5,928,580 
10/31/2024 19.22  19.41  19.13  19.17  6,897,280 
10/30/2024 19.61  19.77  19.14  19.19  7,091,557 
10/29/2024 19.63  19.72  19.35  19.46  5,568,876 
10/28/2024 19.19  19.55  19.10  19.41  4,196,311 
10/25/2024 18.95  19.22  18.92  18.99  6,648,153 
10/24/2024 19.48  19.55  18.95  19.13  10,163,210 
10/23/2024 19.65  19.85  19.58  19.77  6,399,411 
10/22/2024 19.48  19.77  19.43  19.53  5,363,906 
10/21/2024 19.73  20.08  19.57  19.84  5,498,893 
10/18/2024 19.52  19.75  19.29  19.54  11,792,399 
10/17/2024 20.75  20.75  19.86  19.91  11,482,484 
10/16/2024 20.20  20.54  20.16  20.47  9,029,254 
10/15/2024 19.90  20.64  19.90  20.47  11,078,731 
10/14/2024 19.72  20.47  19.51  20.02  10,520,695 
10/11/2024 19.65  19.65  19.37  19.47  6,472,423 
10/10/2024 19.11  19.90  19.11  19.73  10,512,215 
10/09/2024 19.01  19.33  18.71  18.97  11,073,265 
10/08/2024 20.29  20.61  18.69  19.27  16,254,213 
10/07/2024 19.91  20.50  19.90  20.35  8,500,307 
10/04/2024 19.66  19.80  19.20  19.76  9,863,948 
10/03/2024 20.33  20.39  19.95  19.98  7,982,491 
10/02/2024 20.11  20.40  19.80  20.14  10,112,287 
10/01/2024 20.18  20.38  19.96  19.96  12,313,259 
09/30/2024 21.26  21.59  20.48  20.68  17,830,218 
09/27/2024 20.26  20.49  19.94  20.10  16,716,158 
09/26/2024 18.50  19.50  18.45  19.40  19,501,241 
09/25/2024 18.44  19.15  18.40  18.85  21,725,456 
09/24/2024 17.90  18.17  17.62  18.00  13,754,474 
09/23/2024 17.25  17.72  17.17  17.69  9,317,300 
09/20/2024 17.81  17.82  17.51  17.63  17,960,127 
09/19/2024 17.56  17.83  17.23  17.64  11,177,350 
09/18/2024 17.56  17.84  17.21  17.43  9,955,429 
09/17/2024 17.34  17.56  17.13  17.49  8,137,183 
09/16/2024 17.48  17.49  17.14  17.19  8,437,690 
09/13/2024 16.89  17.74  16.84  17.50  19,922,669 
09/12/2024 16.50  16.74  16.31  16.66  9,072,174 
09/11/2024 16.00  16.53  16.00  16.30  12,467,425 
09/10/2024 16.40  16.41  15.88  15.88  11,700,937 
09/09/2024 15.98  16.34  15.91  16.20  8,619,599 
09/06/2024 16.30  16.35  16.00  16.12  8,831,255 
09/05/2024 16.23  16.47  15.93  16.13  11,299,362 
09/04/2024 16.25  16.35  16.07  16.20  14,948,018 
09/03/2024 17.28  17.33  16.81  16.81  12,881,314 

About Fortescue Stock history

Fortescue 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 Fortescue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortescue 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 Fortescue stock prices may prove useful in developing a viable investing in Fortescue
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.1 B2.1 B
Net Income Applicable To Common Shares5.5 B5.8 B

Fortescue Quarterly Net Working Capital

4.48 Billion

Fortescue Stock Technical Analysis

Fortescue 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.
A focus of Fortescue technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortescue trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Fortescue Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortescue's price direction in advance. Along with the technical and fundamental analysis of Fortescue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortescue 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.

Additional Tools for Fortescue Stock Analysis

When running Fortescue's price analysis, check to measure Fortescue'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 Fortescue is operating at the current time. Most of Fortescue's value examination focuses on studying past and present price action to predict the probability of Fortescue's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortescue's price. Additionally, you may evaluate how the addition of Fortescue to your portfolios can decrease your overall portfolio volatility.