Fortis 1St Financials
| FTS-PF Preferred Stock | CAD 22.14 0.12 0.54% |
Fortis |
Understanding current and past Fortis 1St Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortis 1St's financial statements are interrelated, with each one affecting the others. For example, an increase in Fortis 1St's assets may result in an increase in income on the income statement.
Please note, the presentation of Fortis 1St's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fortis 1St's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Fortis 1St's management manipulating its earnings.
Fortis 1St Preferred Stock Summary
Fortis 1St competes with Fortis, Hydro One, Fortis Srs, Caribbean Utilities, and Synex International. Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It also owns and operates transmission and distribution lines and natural gas pipelines. FORTIS INC operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 8800 people.| Instrument | Canada Preferred Stock View All |
| Exchange | Toronto Exchange |
| ISIN | CA3495538678 |
| Business Address | Fortis Place, Saint |
| Sector | Utilities |
| Industry | Utilities - Regulated Electric |
| Benchmark | Dow Jones Industrial |
| Website | www.fortisinc.com |
| Phone | 709 737 2800 |
| Currency | CAD - Canadian Dollar |
You should never invest in Fortis 1St without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Fortis Preferred Stock, because this is throwing your money away. Analyzing the key information contained in Fortis 1St's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Fortis 1St Key Financial Ratios
Fortis 1St's financial ratios allow both analysts and investors to convert raw data from Fortis 1St's financial statements into concise, actionable information that can be used to evaluate the performance of Fortis 1St over time and compare it to other companies across industries.| Return On Equity | 0.0692 | ||||
| Return On Asset | 0.029 | ||||
| Beta | 0.17 | ||||
| Last Dividend Paid | 2.17 |
Fortis Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortis 1St's current stock value. Our valuation model uses many indicators to compare Fortis 1St value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortis 1St competition to find correlations between indicators driving Fortis 1St's intrinsic value. More Info.Fortis 1St Cum is rated # 3 in return on equity category among its peers. It also is rated # 3 in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortis 1St Cum is roughly 2.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fortis 1St by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fortis 1St's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fortis 1St Cum Systematic Risk
Fortis 1St's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortis 1St volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Fortis 1St Cum correlated with the market. If Beta is less than 0 Fortis 1St generally moves in the opposite direction as compared to the market. If Fortis 1St Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortis 1St Cum is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortis 1St is generally in the same direction as the market. If Beta > 1 Fortis 1St moves generally in the same direction as, but more than the movement of the benchmark.
Fortis 1St February 27, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fortis 1St help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortis 1St Cum. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortis 1St Cum based on widely used predictive technical indicators. In general, we focus on analyzing Fortis Preferred Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortis 1St's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8082 | |||
| Information Ratio | 0.1001 | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.46 |
Complementary Tools for Fortis Preferred Stock analysis
When running Fortis 1St's price analysis, check to measure Fortis 1St'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 Fortis 1St is operating at the current time. Most of Fortis 1St's value examination focuses on studying past and present price action to predict the probability of Fortis 1St's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis 1St's price. Additionally, you may evaluate how the addition of Fortis 1St to your portfolios can decrease your overall portfolio volatility.
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