Fortune Competitors

OTC Stocks . USA . 
Stock . Fortune Bay Corp
FTBYF Stock  USD 0.20  0.01  5.26%   
Fortune Bay Corp competes with Lundin Gold, Lumina Gold, Liberty Gold, Dynacor Gold, and Torex Gold; as well as few others. The company classifies itself under Metals & Mining sector and is part of Materials industry. Analyzing Fortune Bay competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Fortune Bay to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Fortune Bay Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Fortune Bay competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortune Bay's 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.
Hype
Prediction
LowEstimatedHigh
0.010.205.45
Details
Intrinsic
Valuation
LowRealHigh
0.010.205.45
Details

Fortune Bay Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Fortune Bay and its competitors represents the degree of relationship between the price movements of corresponding otcs. A correlation of about +1.0 implies that the price of Fortune and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Fortune Bay Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
LGDTF
+ 0.9
LMGDF
RIOFF
+ 0.9
TORXF
RIOFF
+ 0.89
LUGDF
RIOFF
+ 0.88
LGDTF
TORXF
+ 0.87
LGDTF
WDOFF
+ 0.86
LUGDF
  
High negative correlations   
DNGDF
- 0.55
LGDTF
DNGDF
- 0.55
LUGDF
RIOFF
- 0.54
DNGDF
DNGDF
- 0.49
LMGDF
TORXF
- 0.47
DNGDF
WDOFF
- 0.42
DNGDF

Risk-Adjusted Indicators

There is a big difference between Fortune OTC Stock performing well and Fortune Bay OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Fortune Bay's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
LPKGF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
LUGDF  2.07  0.34  0.16  0.59  2.27 
(2.42)
 5.63 
(3.82)
 17.61 
LMGDF  3.09  0.29  0.10  1.27  2.92 
(5.12)
 6.67 
(5.56)
 16.01 
LGDTF  2.98  0.46  0.07  0.20  3.01 
(6.85)
 9.09 
(5.26)
 20.05 
KPZIF  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
DNGDF  1.58 (0.12) 0.00 (0.25) 0.00 
 0.00 
 3.73 
(4.23)
 12.15 
TORXF  2.30  0.16  0.05  0.07  3.26 
(2.36)
 5.39 
(4.71)
 12.81 
WDOFF  1.93  0.29  0.13  0.34  2.41 
(1.94)
 3.79 
(4.00)
 10.27 
KNTNF  2.14  0.24  0.11  0.21  2.42 
(2.44)
 4.39 
(4.90)
 21.29 
RIOFF  2.50  0.47  0.13  0.36  2.59 
(3.30)
 4.76 
(5.36)
 17.77 
All Fundamental Data

Fortune Bay Competitive Analysis

The better you understand Fortune Bay competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Fortune Bay's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Fortune Bay's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FTBYF LUGDF LMGDF LGDTF DNGDF TORXF WDOFF KNTNF RIOFF MAIFF
 5.26 
 0.20 
Fortune
 1.35 
 29.32 
Lundin
 2.44 
 0.42 
Lumina
 8.70 
 0.25 
Liberty
 0.82 
 3.70 
Dynacor
 0.82 
 23.00 
Torex
 1.83 
 10.58 
Wesdome
 3.06 
 7.40 
K92
 5.77 
 0.55 
Rio2
 11.54 
 0.23 
Minera
Market Volatility
(90 Days Market Risk)
Out of control
Very steady
Out of control
Out of control
Slightly risky
Not too volatile
Not too volatile
Somewhat reliable
Extremely Dangerous
Out of control
Market Performance
(90 Days Performance)
Insignificant
Good
Modest
OK
Very Weak
OK
OK
Modest
OK
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Quite High
Above Average
Low
Low
Low
Low
Low
Quite High
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Under Valued
Under Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Cautious Hold
Hold
Cautious Hold
Strong Hold
Strong Buy
Strong Buy
Buy
Strong Sell
Current Ratio
3.09
N/A
0.53
11.92
4.54
3.17
0.93
3.51
4.45
5.07
Net Asset
24.8 M
1.69 B
17.86 M
53.33 M
91.36 M
1.36 B
553.72 M
273.02 M
95.7 M
36.42 M
Profit Margin
N/A
0.22
N/A
N/A
0.0624
0.18
0.0492
0.21
N/A
0.24
EBITDA
(1.87 M)
398.85 M
(7.47 M)
(29.12 M)
23.46 M
460.2 M
217.59 M
62.02 M
(11.59 M)
(1.9 M)
Current Valuation
10.79 M
2.43 B
107.37 M
107.07 M
51.35 M
557.93 M
808.6 M
1.29 B
32.31 M
128.82 M
Price To Book
0.65
2.37
36.67
2.98
1.04
0.71
2.83
4.79
0.48
4.29
Operating Margin
N/A
0.41
N/A
N/A
0.098
0.35
0.21
0.37
N/A
0.23
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(940 K)
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.09 M
N/A
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
1.49
1.09
1.42
1.33
0.92
1.03
0.63
0.86
1.96
1.14
Number Of Employees
4
7
14
21
440
30
19
14
16
14
Shares Outstanding
42.91 M
236 M
376.36 M
317.83 M
38.49 M
85.84 M
142.49 M
233 M
257.64 M
457.68 M
Cash Flow From Operations
(1.65 M)
417.75 M
(6.11 M)
(20.94 M)
21.87 M
330 M
130.96 M
61.22 M
(9.33 M)
(5.45 M)
Annual Yield
N/A
0.0368
N/A
N/A
0.0404
N/A
N/A
N/A
N/A
N/A
Total Debt
190.58 K
528.28 M
59.08 K
453.66 K
261.24 K
4.4 M
12.41 M
11.72 M
857.2 K
410.82 K
Return On Equity
-0.0534
0.2
-8.48
-0.56
0.17
0.13
0.0354
0.15
-0.0792
0.13
Z Score
28.8
2.4
N/A
N/A
N/A
N/A
31.8
61.2
29.4
N/A
Return On Asset
-0.043
0.13
-1.54
-0.37
0.13
0.13
0.0663
0.14
-0.0977
0.0716
Book Value Per Share
0.55
3.92
-0.002
0.14
2.01
14.63
2.73
1.27
0.31
0.099
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.34 M
N/A
N/A
Total Asset
24.8 M
1.69 B
17.86 M
53.33 M
91.36 M
1.36 B
553.72 M
273.02 M
95.7 M
36.42 M
Debt To Equity
0.01
N/A
0.019
0.008
0.003
0.003
0.031
0.046
0.01
0.011
Last Dividend Paid
N/A
0.2
N/A
N/A
0.07
N/A
N/A
N/A
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
1.52
23.09
0.14
29.21
9.26
76.09
56.22
56.61
14.38
8.4
Market Capitalization
9.23 M
2.57 B
126.14 M
125.95 M
86.99 M
1.1 B
668.26 M
1.2 B
42.61 M
131.9 M
Price To Earning
-13.86
N/A
N/A
10.89
17.64
7.17
23.74
30.0
N/A
34.46
Price To Sales
N/A
2.7
N/A
N/A
0.39
1.18
2.81
7.35
N/A
6.49
Net Income
(1.83 M)
221.43 M
(7.92 M)
(29.74 M)
11.78 M
151.7 M
131.29 M
27.24 M
(10.53 M)
(2.06 M)
Earnings Per Share
-0.036
0.73
-0.035
-0.12
0.31
1.68
0.07
0.16
-0.042
0.01
Shares Owned By Insiders
14.31
63.19
27.1
6.42
6.19
0.44
0.43
3.56
21.45
13.29
Revenue
N/A
733.33 M
N/A
N/A
195.91 M
855.8 M
262.91 M
154.33 M
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(250 K)
N/A
N/A
Cash And Equivalents
3.63 M
N/A
2.86 M
26.54 M
33.15 M
310.7 M
23.52 M
81.73 M
13.61 M
9.03 M
Cash Per Share
0.09
N/A
0.01
0.08
0.85
3.62
0.17
0.36
0.05
0.02
Gross Profit
(149.51 K)
463.24 M
N/A
N/A
27.06 M
524.8 M
117.51 M
71.03 M
N/A
N/A
Day Typical Price
0.2
29.33
0.42
0.25
3.71
22.92
10.52
7.32
0.54
0.24
Accumulation Distribution
N/A
0.0162
404.76
1300.0
8.06
0.0109
0.0208
789.15
0.0545
5263.76
Market Facilitation Index
N/A
0.48
0.0
N/A
0.0
0.25
0.22
0.0
0.03
N/A
Daily Balance Of Power
9.2 T
0.8125
1.0
2.0
1.5
(0.76)
0.8636
0.9565
1.0
(1.50)
Period Momentum Indicator
0.01
0.39
0.01
0.02
0.03
(0.19)
0.19
0.22
0.03
(0.03)
Rate Of Daily Change
1.05
1.01
1.02
1.09
1.01
0.99
1.02
1.03
1.06
0.88
Day Median Price
0.2
29.34
0.42
0.25
3.71
22.88
10.49
7.29
0.54
0.24
Price Action Indicator
0.005
0.18
0.01
0.015
0.005
0.03
0.18
0.23
0.03
(0.03)
Coefficient Of Variation
1784.83
974.47
1457.28
1476.3
(939.42)
4754.57
1078.34
1920.77
907.38
1012.98
Mean Deviation
3.02
2.07
3.09
2.98
1.58
2.3
1.93
2.14
2.5
3.02
Jensen Alpha
0.4422
0.3401
0.2922
0.4623
(0.12)
0.1561
0.2864
0.2448
0.4652
0.3893
Total Risk Alpha
1.06
0.7105
0.8778
0.9464
0.0919
0.5459
0.5663
0.6294
0.836
1.02
Sortino Ratio
0.0517
0.1615
0.0956
0.0737
N/A
0.0538
0.1263
0.1103
0.1335
0.0996
Downside Variance
60.98
6.34
16.86
31.11
N/A
11.73
7.02
6.42
12.48
27.65
Standard Deviation
5.12
2.83
4.02
4.35
2.22
3.21
2.35
3.13
3.22
4.12
Kurtosis
1.84
1.72
(0.11)
0.1234
1.5
2.8
(0.42)
8.26
1.42
(0.16)
Potential Upside
11.76
5.63
6.67
9.09
3.73
5.39
3.79
4.39
4.76
8.33
Treynor Ratio
0.2125
0.5899
1.27
0.2025
(0.25)
0.0738
0.3363
0.2107
0.3639
(6.71)
Maximum Drawdown
26.05
17.61
16.01
20.05
12.15
12.81
10.27
21.29
17.77
19.44
Variance
26.25
7.98
16.14
18.88
4.92
10.28
5.53
9.78
10.38
16.98
Market Risk Adjusted Performance
0.2225
0.5999
1.28
0.2125
(0.24)
0.0838
0.3463
0.2207
0.3739
(6.70)
Risk Adjusted Performance
0.055
0.0924
0.065
0.0644
(0.08)
0.0249
0.0836
0.0506
0.0991
0.0901
Skewness
0.5306
0.3503
0.4738
0.428
(0.39)
(0.78)
(0.41)
1.77
0.4422
0.3429
Semi Deviation
3.52
2.27
2.92
3.01
N/A
3.26
2.41
2.42
2.59
2.9
Information Ratio
0.0788
0.1439
0.0977
0.0946
(0.05)
0.0574
0.1424
0.0894
0.1464
0.127
Value At Risk
(8.33)
(3.82)
(5.56)
(5.26)
(4.23)
(4.71)
(4.00)
(4.90)
(5.36)
(5.26)
Expected Short fall
(8.58)
(2.42)
(5.12)
(6.85)
N/A
(2.36)
(1.94)
(2.44)
(3.30)
(5.94)
Downside Deviation
7.81
2.52
4.11
5.58
N/A
3.42
2.65
2.53
3.53
5.26
Semi Variance
12.36
5.16
8.53
9.03
N/A
10.62
5.83
5.88
6.72
8.41

Fortune Bay Competition Performance Charts

Five steps to successful analysis of Fortune Bay Competition

Fortune Bay's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Fortune Bay Corp in relation to its competition. Fortune Bay's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Fortune Bay in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Fortune Bay's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Fortune Bay Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Fortune Bay position

In addition to having Fortune Bay in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Social Domain
Social Domain Theme
New or established large and mid-sized companies that are involved in the social media industry, including entities that provide web-based or mobile media applications and services across across large segment of population in multiple geographical areas. The Social Domain theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Social Domain Theme or any other thematic opportunities.
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Other Information on Investing in Fortune OTC Stock

Fortune Bay financial ratios help investors to determine whether Fortune OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortune with respect to the benefits of owning Fortune Bay security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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