Fortive (Germany) Odds of Future Stock Price Finishing Under 73.72

F03 Stock  EUR 73.12  0.88  1.19%   
Fortive's future price is the expected price of Fortive instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Fortive performance during a given time horizon utilizing its historical volatility. Check out Fortive Backtesting, Fortive Valuation, Fortive Correlation, Fortive Hype Analysis, Fortive Volatility, Fortive History as well as Fortive Performance.
  
Please specify Fortive's target price for which you would like Fortive odds to be computed.

Fortive Target Price Odds to finish below 73.72

The tendency of Fortive Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay under € 73.72  after 90 days
 73.12 90 days 73.72 
about 88.15
Based on a normal probability distribution, the odds of Fortive to stay under € 73.72  after 90 days from now is about 88.15 (This Fortive probability density function shows the probability of Fortive Stock to fall within a particular range of prices over 90 days) . Probability of Fortive price to stay between its current price of € 73.12  and € 73.72  at the end of the 90-day period is nearly 4.78 .
Assuming the 90 days horizon Fortive has a beta of 0.95. This usually indicates Fortive market returns are reactive to returns on the market. As the market goes up or down, Fortive is expected to follow. Additionally Fortive has an alpha of 0.0719, implying that it can generate a 0.0719 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Fortive Price Density   
       Price  

Predictive Modules for Fortive

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortive. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
71.8273.1274.42
Details
Intrinsic
Valuation
LowRealHigh
71.8673.1674.46
Details
Naive
Forecast
LowNextHigh
68.8070.0971.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
66.1872.0477.90
Details

Fortive Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Fortive is not an exception. The market had few large corrections towards the Fortive's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fortive, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fortive within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.07
β
Beta against Dow Jones0.95
σ
Overall volatility
2.79
Ir
Information ratio 0.05

Fortive Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fortive for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fortive can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Fortive has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 96.0% of the company shares are owned by institutional investors

Fortive Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Fortive Stock often depends not only on the future outlook of the current and potential Fortive's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Fortive's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding352.9 M

Fortive Technical Analysis

Fortive's future price can be derived by breaking down and analyzing its technical indicators over time. Fortive Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortive. In general, you should focus on analyzing Fortive Stock price patterns and their correlations with different microeconomic environments and drivers.

Fortive Predictive Forecast Models

Fortive's time-series forecasting models is one of many Fortive's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Fortive's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Fortive

Checking the ongoing alerts about Fortive for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fortive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Fortive has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Over 96.0% of the company shares are owned by institutional investors

Other Information on Investing in Fortive Stock

Fortive financial ratios help investors to determine whether Fortive 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 Fortive with respect to the benefits of owning Fortive security.