Fortitude Current Valuation vs. Beta
Based on the measurements of profitability obtained from Fortitude's financial statements, Fortitude Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Fortitude's ability to earn profits and add value for shareholders. The current year's EV To Sales is expected to grow to 8.58, whereas Price To Sales Ratio is forecasted to decline to 5.00. As of December 18, 2024, Operating Income is expected to decline to about (338.4 K). In addition to that, Net Loss is expected to decline to about (356 K).
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| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.46 | 0.52 |
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For Fortitude profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Fortitude to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Fortitude Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Fortitude's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Fortitude Group over time as well as its relative position and ranking within its peers.
Fortitude |
Is Asset Management & Custody Banks 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 Fortitude. If investors know Fortitude 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 Fortitude listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.02 |
The market value of Fortitude Group is measured differently than its book value, which is the value of Fortitude that is recorded on the company's balance sheet. Investors also form their own opinion of Fortitude's value that differs from its market value or its book value, called intrinsic value, which is Fortitude'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 Fortitude's market value can be influenced by many factors that don't directly affect Fortitude'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 Fortitude's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortitude is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortitude'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.
Fortitude Group Beta vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fortitude's current stock value. Our valuation model uses many indicators to compare Fortitude value to that of its competitors to determine the firm's financial worth. Fortitude Group is rated # 3 in current valuation category among its peers. It is one of the top stocks in beta category among its peers . The ratio of Current Valuation to Beta for Fortitude Group is about 18,656 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Fortitude by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Fortitude Current Valuation vs. Competition
Fortitude Group is rated # 3 in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Financials industry is currently estimated at about 550.46 Billion. Fortitude adds roughly 513,035 in current valuation claiming only tiny portion of equities under Financials industry.
Fortitude Beta vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Fortitude |
| = | 513.03 K |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Fortitude |
| = | 27.5 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Fortitude Beta Comparison
Fortitude is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fortitude will likely underperform.
Fortitude Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fortitude, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fortitude will eventually generate negative long term returns. The profitability progress is the general direction of Fortitude's change in net profit over the period of time. It can combine multiple indicators of Fortitude, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -322.2 K | -338.4 K | |
| Net Loss | -339 K | -356 K | |
| Income Before Tax | -339 K | -356 K | |
| Total Other Income Expense Net | -277.3 K | -263.4 K | |
| Net Loss | -339 K | -356 K | |
| Net Loss | -339 K | -356 K | |
| Change To Netincome | 113.8 K | 108.2 K | |
| Net Loss | (43.33) | (45.49) | |
| Income Quality | 0.14 | 0.13 | |
| Net Income Per E B T | 1.22 | 1.16 |
Fortitude Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fortitude. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fortitude position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fortitude's important profitability drivers and their relationship over time.
Use Fortitude in pair-trading
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 Fortitude 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 Fortitude will appreciate offsetting losses from the drop in the long position's value.Fortitude Pair Trading
Fortitude Group Pair Trading Analysis
The ability to find closely correlated positions to Fortitude could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortitude 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 Fortitude - 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 Fortitude Group to buy it.
The correlation of Fortitude 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 Fortitude moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortitude Group 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 Fortitude 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.Use Investing Themes to Complement your Fortitude position
In addition to having Fortitude in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Money Funds Thematic Idea Now
Money Funds
Funds or Etfs that invest most if their asset in companies from financial sector such as commercial banks, insurance companies, investment funds, and real estate. The Money Funds theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Money Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
To fully project Fortitude's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fortitude Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fortitude's income statement, its balance sheet, and the statement of cash flows.