Formidable Fortress is trading at 28.29 as of the 21st of March 2025. This is a 0.84 percent decrease since the beginning of the trading day. The etf's lowest day price was 28.16. Formidable Fortress has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
Under normal market conditions, the fund seeks to meet its investment objective by investing in large- and mid-cap equity securities, including common stocks, related depository receipts, real estate investment trusts , and other equity investments or ownership interests in business enterprises. The company has 45.39 M outstanding shares of which 302.13 K shares are now shorted by private and institutional investors with about 0.0 trading days to cover. More on Formidable Fortress ETF
Will Brown, Adam Eagleston, Michael Venuto, Charles A. Ragauss
Transfer Agent
Citi Fund Services Ohio, Inc.
Fiscal Year End
31-Dec
Exchange
NYSE Arca, Inc.
Number of Constituents
57.0
Market Maker
GTS
Total Expense
0.89
Management Fee
0.89
Country Name
USA
Returns Y T D
(0.8)
Name
Formidable Fortress ETF
Currency Code
USD
Open Figi
BBG011X01Y30
In Threey Volatility
12.59
1y Volatility
12.4
200 Day M A
28.7363
50 Day M A
29.2002
Code
KONG
Updated At
20th of March 2025
Currency Name
US Dollar
In Threey Sharp Ratio
0.26
Type
ETF
Formidable Fortress ETF [KONG] is traded in USA and was established 2021-07-21. The fund is listed under Mid-Cap Blend category and is part of Formidable Funds family. The entity is thematically classified as Broad Equity ETFs. Formidable Fortress ETF now have 22.98 M in assets. , while the total return for the last 3 years was 5.9%.
Formidable Fortress ETF currently holds about 165.3 M in cash with 24.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.64.
Check Formidable Fortress Probability Of Bankruptcy
Geographic Allocation (%)
Formidable Fortress ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Formidable Fortress. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Formidable Fortress ETF is a strong investment it is important to analyze Formidable Fortress' 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 Formidable Fortress' future performance. For an informed investment choice regarding Formidable Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Formidable Fortress ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
The market value of Formidable Fortress ETF is measured differently than its book value, which is the value of Formidable that is recorded on the company's balance sheet. Investors also form their own opinion of Formidable Fortress' value that differs from its market value or its book value, called intrinsic value, which is Formidable Fortress' 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 Formidable Fortress' market value can be influenced by many factors that don't directly affect Formidable Fortress' 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 Formidable Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if Formidable Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Formidable Fortress' 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.