Fortis Pref M Preferred Stock Analysis

Fortis Preferred Stock Analysis Notes

About 27.0% of the company shares are owned by institutional investors. The company last dividend was issued on the 18th of November 2024. Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It also owns and operates transmission and distribution lines and natural gas pipelines. FORTIS INC operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 8800 people. To learn more about Fortis Pref M call David Hutchens at 709 737 2800 or check out https://www.fortisinc.com.

Fortis Pref M Investment Alerts

Fortis Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 28.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortis Pref's market, we take the total number of its shares issued and multiply it by Fortis Pref'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.

Fortis Profitablity

The company has Profit Margin (PM) of 0.14 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.28.

Technical Drivers

As of the 12th of December 2024, Fortis Pref shows the Mean Deviation of 0.4165, coefficient of variation of 1384.87, and Downside Deviation of 0.6087. Fortis Pref M 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.

Fortis Pref M Price Movement Analysis

Fortis Pref Outstanding Bonds

Fortis Pref Predictive Daily Indicators

Fortis Pref Forecast Models

Fortis Pref's time-series forecasting models are one of many Fortis Pref's preferred 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 Fortis Pref'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.

Preferred Stock analysis is the technique used by a trader or investor to examine and evaluate how Fortis Pref 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 Fortis shares will generate the highest return on investment. We also built our preferred stock 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 Preferred Stock such as Fortis Pref. By using and applying Fortis Preferred Stock analysis, traders can create a robust methodology for identifying Fortis entry and exit points for their positions.

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