Fortis Inc Stock Technical Analysis
| FTS Stock | USD 52.70 0.45 0.86% |
As of the 26th of January, Fortis shows the Downside Deviation of 0.6535, coefficient of variation of 1545.56, and Mean Deviation of 0.6153. Fortis Inc 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. Please confirm Fortis Inc variance and potential upside to decide if Fortis Inc is priced favorably, providing market reflects its regular price of 52.7 per share. Given that Fortis has jensen alpha of 0.0415, we urge you to verify Fortis Inc's prevailing market performance to make sure the company can sustain itself at a future point.
Fortis Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Fortis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FortisFortis' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.Fortis Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 47.0 | Hold | 17 | Odds |
Most Fortis analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Fortis stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Fortis Inc, talking to its executives and customers, or listening to Fortis conference calls.
Is Electric Utilities 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 Fortis. If investors know Fortis 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 Fortis 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 (0.04) | Dividend Share 2.46 | Earnings Share 2.43 | Revenue Per Share | Quarterly Revenue Growth 0.06 |
The market value of Fortis Inc is measured differently than its book value, which is the value of Fortis that is recorded on the company's balance sheet. Investors also form their own opinion of Fortis' value that differs from its market value or its book value, called intrinsic value, which is Fortis' 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 Fortis' market value can be influenced by many factors that don't directly affect Fortis' 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 Fortis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortis' 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.
Fortis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fortis' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fortis.
| 10/28/2025 |
| 01/26/2026 |
If you would invest 0.00 in Fortis on October 28, 2025 and sell it all today you would earn a total of 0.00 from holding Fortis Inc or generate 0.0% return on investment in Fortis over 90 days. Fortis is related to or competes with Southern, FirstEnergy, DTE Energy, Ameren Corp, PPL, CMS Energy, and American Water. Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries More
Fortis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fortis' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fortis Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6535 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.26 |
Fortis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortis' standard deviation. In reality, there are many statistical measures that can use Fortis historical prices to predict the future Fortis' volatility.| Risk Adjusted Performance | 0.0474 | |||
| Jensen Alpha | 0.0415 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.66) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fortis January 26, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0474 | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 0.6153 | |||
| Semi Deviation | 0.5953 | |||
| Downside Deviation | 0.6535 | |||
| Coefficient Of Variation | 1545.56 | |||
| Standard Deviation | 0.7358 | |||
| Variance | 0.5414 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0415 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.26 | |||
| Downside Variance | 0.4271 | |||
| Semi Variance | 0.3544 | |||
| Expected Short fall | (0.75) | |||
| Skewness | 0.1595 | |||
| Kurtosis | (0.93) |
Fortis Inc Backtested Returns
Currently, Fortis Inc is very steady. Fortis Inc secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortis Inc, which you can use to evaluate the volatility of the firm. Please confirm Fortis' Downside Deviation of 0.6535, mean deviation of 0.6153, and Coefficient Of Variation of 1545.56 to check if the risk estimate we provide is consistent with the expected return of 0.0807%. Fortis has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0573, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fortis are expected to decrease at a much lower rate. During the bear market, Fortis is likely to outperform the market. Fortis Inc right now shows a risk of 0.73%. Please confirm Fortis Inc potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Fortis Inc will be following its price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Fortis Inc has insignificant predictability. Overlapping area represents the amount of predictability between Fortis time series from 28th of October 2025 to 12th of December 2025 and 12th of December 2025 to 26th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortis Inc price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Fortis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Fortis technical 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, stock market cycles, or different charting patterns.
Fortis Inc Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Fortis Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Fortis 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 Fortis Inc 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 Fortis Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Fortis Inc price pattern first instead of the macroeconomic environment surrounding Fortis Inc. By analyzing Fortis'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 Fortis'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 Fortis specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2024 | 2026 (projected) | Dividend Yield | 0.0277 | 0.0396 | Price To Sales Ratio | 2.57 | 1.32 |
Fortis January 26, 2026 Technical Indicators
Most technical analysis of Fortis 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 Fortis from various momentum indicators to cycle indicators. When you analyze Fortis 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 | 0.0474 | |||
| Market Risk Adjusted Performance | (0.65) | |||
| Mean Deviation | 0.6153 | |||
| Semi Deviation | 0.5953 | |||
| Downside Deviation | 0.6535 | |||
| Coefficient Of Variation | 1545.56 | |||
| Standard Deviation | 0.7358 | |||
| Variance | 0.5414 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | 0.0415 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.66) | |||
| Maximum Drawdown | 2.88 | |||
| Value At Risk | (1.00) | |||
| Potential Upside | 1.26 | |||
| Downside Variance | 0.4271 | |||
| Semi Variance | 0.3544 | |||
| Expected Short fall | (0.75) | |||
| Skewness | 0.1595 | |||
| Kurtosis | (0.93) |
Fortis January 26, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Fortis stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | 0.58 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 52.34 | ||
| Day Typical Price | 52.46 | ||
| Price Action Indicator | 0.59 | ||
| Market Facilitation Index | 0.77 |
Additional Tools for Fortis Stock Analysis
When running Fortis' price analysis, check to measure Fortis' 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 is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.