Fortune Bay Corp Stock Technical Analysis
| FTBYF Stock | USD 0.18 0.01 5.88% |
As of the 28th of November, Fortune Bay shows the Downside Deviation of 10.47, coefficient of variation of 14666.85, and Mean Deviation of 3.51. 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 0.18 per share. As Fortune Bay Corp appears to be a penny stock we also advise to verify its total risk alpha numbers.
Fortune Bay Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fortune, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FortuneFortune |
Fortune Bay technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Fortune Bay Corp Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Fortune Bay Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Fortune Bay Corp Trend Analysis
Use this graph to draw trend lines for Fortune Bay Corp. You can use it to identify possible trend reversals for Fortune Bay as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Fortune Bay price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Fortune Bay Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Fortune Bay Corp applied against its price change over selected period. The best fit line has a slop of 0.0002 , which means Fortune Bay Corp will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Fortune Bay price change compared to its average price change.About Fortune Bay Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Fortune Bay Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Fortune Bay Corp based on its technical analysis. In general, a bottom-up approach, as applied to this otc stock, focuses on Fortune Bay Corp price pattern first instead of the macroeconomic environment surrounding Fortune Bay Corp. By analyzing Fortune Bay's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Fortune Bay's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Fortune Bay specific price patterns or momentum indicators. Please read more on our technical analysis page.
Fortune Bay November 28, 2024 Technical Indicators
Most technical analysis of Fortune 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 Fortune from various momentum indicators to cycle indicators. When you analyze Fortune charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0141 | |||
| Market Risk Adjusted Performance | (0.05) | |||
| Mean Deviation | 3.51 | |||
| Semi Deviation | 4.9 | |||
| Downside Deviation | 10.47 | |||
| Coefficient Of Variation | 14666.85 | |||
| Standard Deviation | 6.63 | |||
| Variance | 43.95 | |||
| Information Ratio | (0.01) | |||
| Jensen Alpha | 0.102 | |||
| Total Risk Alpha | (0.96) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.06) | |||
| Maximum Drawdown | 41.67 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 10.53 | |||
| Downside Variance | 109.56 | |||
| Semi Variance | 24.06 | |||
| Expected Short fall | (9.26) | |||
| Skewness | 0.7296 | |||
| Kurtosis | 4.73 |
Complementary Tools for Fortune OTC Stock analysis
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.
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