Fortinet (Brazil) Alpha and Beta Analysis
| F1TN34 Stock | BRL 293.00 1.58 0.54% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fortinet. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fortinet over a specified time horizon. Remember, high Fortinet's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Fortinet's market risk premium analysis include:
Beta 0.57 | Alpha 0.52 | Risk 2.26 | Sharpe Ratio 0.23 | Expected Return 0.52 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Fortinet Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fortinet market risk premium is the additional return an investor will receive from holding Fortinet long position in a well-diversified portfolio. 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 Fortinet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Fortinet's performance over market.| α | 0.52 | β | 0.57 |
Fortinet expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Fortinet's Buy-and-hold return. Our buy-and-hold chart shows how Fortinet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Fortinet Market Price Analysis
Market price analysis indicators help investors to evaluate how Fortinet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortinet shares will generate the highest return on investment. By understating and applying Fortinet stock market price indicators, traders can identify Fortinet position entry and exit signals to maximize returns.
Fortinet Return and Market Media
The median price of Fortinet for the period between Mon, Sep 23, 2024 and Sun, Dec 22, 2024 is 232.99 with a coefficient of variation of 13.61. The daily time series for the period is distributed with a sample standard deviation of 34.03, arithmetic mean of 249.95, and mean deviation of 31.82. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Fortinet Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Fortinet or other stocks. Alpha measures the amount that position in Fortinet has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Fortinet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Fortinet's short interest history, or implied volatility extrapolated from Fortinet options trading.
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Additional Information and Resources on Investing in Fortinet Stock
When determining whether Fortinet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortinet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortinet Stock. Highlighted below are key reports to facilitate an investment decision about Fortinet Stock:Check out Fortinet Backtesting, Fortinet Valuation, Fortinet Correlation, Fortinet Hype Analysis, Fortinet Volatility, Fortinet History and analyze Fortinet Performance. For information on how to trade Fortinet Stock refer to our How to Trade Fortinet Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Fortinet 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.