Fortrea Holdings Stock Price Transform Average Price

FTRE Stock   21.05  0.50  2.32%   
Fortrea Holdings price transform tool provides the execution environment for running the Average Price transformation and other technical functions against Fortrea Holdings. Fortrea Holdings value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of price transform indicators. As with most other technical indicators, the Average Price transformation function is designed to identify and follow existing trends. Fortrea Holdings price transformation methods enable investors to generate trading signals using basic price transformation functions such as typical price movement.

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Fortrea Holdings Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.

Fortrea Holdings Technical Analysis Modules

Most technical analysis of Fortrea Holdings help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Fortrea from various momentum indicators to cycle indicators. When you analyze Fortrea charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Fortrea Holdings Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortrea Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortrea Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Fortrea Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortrea Holdings's daily price indicators and compare them against related drivers, such as price transform and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Fortrea Holdings's intrinsic value. In addition to deriving basic predictive indicators for Fortrea Holdings, we also check how macroeconomic factors affect Fortrea Holdings price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2010 2022 2023 2024 (projected)
Days Sales Outstanding113.39120.51126.196.0
PTB Ratio0.870.851.780.94
Hype
Prediction
LowEstimatedHigh
16.0421.0526.06
Details
Intrinsic
Valuation
LowRealHigh
18.0223.0328.04
Details
Naive
Forecast
LowNextHigh
16.1821.1926.20
Details
12 Analysts
Consensus
LowTargetHigh
26.0928.6731.82
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortrea Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortrea Holdings' short interest history, or implied volatility extrapolated from Fortrea Holdings options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Video Games Idea
Video Games
Invested few shares
Dividend Beast Idea
Dividend Beast
Invested over 50 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 60 shares
Business Services Idea
Business Services
Invested few shares
Momentum Idea
Momentum
Invested over 200 shares
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
Disruptive Technologies Idea
Disruptive Technologies
Invested few shares
When determining whether Fortrea Holdings is a strong investment it is important to analyze Fortrea Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortrea Holdings' future performance. For an informed investment choice regarding Fortrea Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortrea Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Life Sciences Tools & Services 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 Fortrea Holdings. If investors know Fortrea 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 Fortrea Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
(2.44)
Revenue Per Share
33.34
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.01)
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea Holdings' 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 Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea Holdings' 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 Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea Holdings' 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.