Fortis Srs Preferred Stock Forecast - Period Momentum Indicator
| FTS-PJ Preferred Stock | CAD 20.16 0.06 0.30% |
Fortis Preferred Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fortis Srs stock prices and determine the direction of Fortis Srs J's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fortis Srs' historical fundamentals, such as revenue growth or operating cash flow patterns.
Fortis |
| Check Fortis Srs Volatility | Backtest Fortis Srs | Trend Details |
Fortis Srs Trading Date Momentum
| On November 28 2024 Fortis Srs J was traded for 20.16 at the closing time. The highest price during the trading period was 20.18 and the lowest recorded bid was listed for 20.10 . The volume for the day was 830. This history from November 28, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.30% . The overall trading delta to the current price is 0.00% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Fortis Srs
For every potential investor in Fortis, whether a beginner or expert, Fortis Srs' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fortis Preferred Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fortis. Basic forecasting techniques help filter out the noise by identifying Fortis Srs' price trends.Fortis Srs Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fortis Srs preferred stock to make a market-neutral strategy. Peer analysis of Fortis Srs could also be used in its relative valuation, which is a method of valuing Fortis Srs by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fortis Srs J Technical and Predictive Analytics
The preferred stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Fortis Srs' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Fortis Srs' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Fortis Srs Market Strength Events
Market strength indicators help investors to evaluate how Fortis Srs preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortis Srs shares will generate the highest return on investment. By undertsting and applying Fortis Srs preferred stock market strength indicators, traders can identify Fortis Srs J entry and exit signals to maximize returns.
Fortis Srs Risk Indicators
The analysis of Fortis Srs' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Fortis Srs' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fortis preferred stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.4742 | |||
| Standard Deviation | 0.6198 | |||
| Variance | 0.3842 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Fortis Srs
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fortis Srs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fortis Srs will appreciate offsetting losses from the drop in the long position's value.Moving together with Fortis Preferred Stock
Moving against Fortis Preferred Stock
The ability to find closely correlated positions to Fortis Srs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fortis Srs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fortis Srs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fortis Srs J to buy it.
The correlation of Fortis Srs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fortis Srs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fortis Srs J moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fortis Srs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Fortis Preferred Stock
Fortis Srs financial ratios help investors to determine whether Fortis Preferred 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 Fortis with respect to the benefits of owning Fortis Srs security.