Fortune Rise Acquisition Performance
| FRLAUDelisted Stock | USD 11.69 0.00 0.00% |
Fortune Rise has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0021, which means not very significant fluctuations relative to the market. As returns on the market increase, Fortune Rise's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortune Rise is expected to be smaller as well. Fortune Rise Acquisition right now shows a risk of 0.47%. Please confirm Fortune Rise Acquisition jensen alpha and rate of daily change , to decide if Fortune Rise Acquisition will be following its price patterns.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Fortune Rise Acquisition are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Fortune Rise is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 172.3 K |
Fortune |
Fortune Rise Relative Risk vs. Return Landscape
If you would invest 1,140 in Fortune Rise Acquisition on August 27, 2024 and sell it today you would earn a total of 29.00 from holding Fortune Rise Acquisition or generate 2.54% return on investment over 90 days. Fortune Rise Acquisition is currently producing 0.0467% returns and takes up 0.4657% volatility of returns over 90 trading days. Put another way, 4% of traded stocks are less volatile than Fortune, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Fortune Rise Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortune Rise's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fortune Rise Acquisition, and traders can use it to determine the average amount a Fortune Rise'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 = 0.1003
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FRLAU |
Estimated Market Risk
| 0.47 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Fortune Rise is performing at about 7% 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 Fortune Rise by adding it to a well-diversified portfolio.
Fortune Rise Fundamentals Growth
Fortune Stock prices reflect investors' perceptions of the future prospects and financial health of Fortune Rise, and Fortune Rise 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 Fortune Stock performance.
| Return On Asset | -0.0337 | ||||
| Current Valuation | 79.16 M | ||||
| EBITDA | (2.2 M) | ||||
| Cash And Equivalents | 388.58 K | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 4.76 M | ||||
| Book Value Per Share | (1.67) X | ||||
| Cash Flow From Operations | (3.19 M) | ||||
| Earnings Per Share | (3.35) X | ||||
| Total Asset | 34.97 M | ||||
| Retained Earnings | (9.1 M) | ||||
About Fortune Rise Performance
Assessing Fortune Rise's fundamental ratios provides investors with valuable insights into Fortune Rise's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Fortune Rise is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Fortune Rise Acquisition Corporation does not have significant operations. The company was incorporated in 2021 and is based in Metuchen, New Jersey. Fortune Rise is traded on NASDAQ Exchange in the United States.Things to note about Fortune Rise Acquisition performance evaluation
Checking the ongoing alerts about Fortune Rise for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fortune Rise Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fortune Rise is not yet fully synchronised with the market data | |
| Fortune Rise has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (351.7 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Fortune Rise Acquisition has accumulated about 388.58 K in cash with (3.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. |
- Analyzing Fortune Rise'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 Fortune Rise's stock is overvalued or undervalued compared to its peers.
- Examining Fortune Rise'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 Fortune Rise's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fortune Rise's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fortune Rise's stock. These opinions can provide insight into Fortune Rise's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in Fortune Stock
If you are still planning to invest in Fortune Rise Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fortune Rise's history and understand the potential risks before investing.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |