Fortinet (Germany) Performance

FO8 Stock  EUR 68.34  0.48  0.70%   
The firm shows a Beta (market volatility) of 0.23, which means not very significant fluctuations relative to the market. As returns on the market increase, Fortinet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortinet is expected to be smaller as well. At this point, Fortinet has a negative expected return of -0.0461%. Please make sure to confirm Fortinet's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Fortinet performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Fortinet has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Fortinet is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
  

Fortinet Relative Risk vs. Return Landscape

If you would invest  7,100  in Fortinet on October 1, 2025 and sell it today you would lose (266.00) from holding Fortinet or give up 3.75% of portfolio value over 90 days. Fortinet is currently producing negative expected returns and takes up 1.7713% volatility of returns over 90 trading days. Put another way, 15% of traded stocks are less volatile than Fortinet, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Assuming the 90 days horizon Fortinet is expected to under-perform the market. In addition to that, the company is 2.47 times more volatile than its market benchmark. It trades about -0.03 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.1 per unit of volatility.

Fortinet Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortinet's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fortinet, and traders can use it to determine the average amount a Fortinet's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.026

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Negative ReturnsFO8

Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fortinet is not performing at its full potential. However, 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 Fortinet by adding Fortinet to a well-diversified portfolio.

Fortinet Fundamentals Growth

Fortinet Stock prices reflect investors' perceptions of the future prospects and financial health of Fortinet, and Fortinet fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Fortinet Stock performance.

About Fortinet Performance

By analyzing Fortinet's fundamental ratios, stakeholders can gain valuable insights into Fortinet's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Fortinet has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Fortinet has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions worldwide. The company was founded in 2000 and is headquartered in Sunnyvale, California. FORTINET INC operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6015 people.

Things to note about Fortinet performance evaluation

Checking the ongoing alerts about Fortinet for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fortinet help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Fortinet generated a negative expected return over the last 90 days
About 70.0% of the company shares are owned by institutional investors
Evaluating Fortinet's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Fortinet's stock performance include:
  • Analyzing Fortinet's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fortinet's stock is overvalued or undervalued compared to its peers.
  • Examining Fortinet's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Fortinet's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fortinet's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Fortinet's stock. These opinions can provide insight into Fortinet's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Fortinet's stock performance is not an exact science, and many factors can impact Fortinet's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Fortinet Stock analysis

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