Fortune Bay Corp Stock Analysis

Fortune OTC Stock Analysis Notes

About 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.65. Some equities with similar Price to Book (P/B) outperform the market in the long run. Fortune Bay Corp recorded a loss per share of 0.04. The entity had not issued any dividends in recent years. Fortune Bay Corp. acquires, explores for, and develops mineral properties. It also owns 2 percent net smelter royalty in the Huizopa project located in the Sierra Madres in Chihuahua, Mexico. Fortune Bay is traded on OTC Exchange in the United States.The quote for Fortune Bay Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To learn more about Fortune Bay Corp call the company at 902-422-1421 or check out https://www.fortunebaycorp.com.

Fortune Bay Corp Investment Alerts

Fortune Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortune Bay's market, we take the total number of its shares issued and multiply it by Fortune Bay's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 24th of November, Fortune Bay shows the Downside Deviation of 10.46, coefficient of variation of 5549.23, and Mean Deviation of 3.15. Fortune Bay Corp technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Fortune Bay Corp, which can be compared to its peers. Please confirm Fortune Bay Corp variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Fortune Bay Corp is priced favorably, providing market reflects its regular price of 0.19 per share. As Fortune Bay Corp appears to be a penny stock we also advise to verify its total risk alpha numbers.

Fortune Bay Corp Price Movement Analysis

Fortune Bay Predictive Daily Indicators

Fortune Bay Forecast Models

Fortune Bay's time-series forecasting models are one of many Fortune Bay's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fortune Bay's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Fortune Bay prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Fortune shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Fortune Bay. By using and applying Fortune OTC Stock analysis, traders can create a robust methodology for identifying Fortune entry and exit points for their positions.

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