Fortune Brands (Germany) Price on November 29, 2024
| 2FB Stock | 65.00 1.00 1.52% |
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortune Brands stands at 65.00, as last reported on the 7th of January, with the highest price reaching 65.00 and the lowest price hitting 65.00 during the day. Fortune Brands Home secures Sharpe Ratio (or Efficiency) of -0.17, which denotes the company had a -0.17% return per unit of risk over the last 3 months. Fortune Brands Home exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fortune Brands' Variance of 2.8, standard deviation of 1.67, and Mean Deviation of 1.11 to check the risk estimate we provide.
Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortune |
Sharpe Ratio = -0.1739
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| Negative Returns | 2FB |
Estimated Market Risk
| 1.72 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fortune Brands is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fortune Brands by adding Fortune Brands to a well-diversified portfolio.
Fortune Brands Valuation on November 29, 2024
It is possible to determine the worth of Fortune Brands on a given historical date. On November 29, 2024 Fortune was worth 73.5 at the beginning of the trading date compared to the closed value of 73.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortune Brands stock. Still, in general, we apply an absolute valuation method to find Fortune Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fortune Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortune Brands' related companies.
| Open | High | Low | Close | Volume | |
| 73.00 | 74.00 | 73.00 | 73.50 | 1.00 | |
11/29/2024 | 73.50 | 74.50 | 73.50 | 73.50 | 1.00 |
| 73.50 | 74.00 | 73.50 | 74.00 | 1.00 |
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Fortune Brands Trading Date Momentum on November 29, 2024
| On December 02 2024 Fortune Brands Home was traded for 74.00 at the closing time. The maximum traded price for the trading interval was 74.00 and the lowest daily price was 73.50 . There was no trading activity during the period 1.0. Lack of trading volume on 2nd of December 2024 played a part in the next trading day price appreciation. The daily price change to the next closing price was 0.68% . The overall trading delta to the closing price today is 0.68% . |
Price Boundaries
Fortune Brands Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Fortune Brands Home cannot be verified against its exchange. Please verify the symbol is currently traded on Dusseldorf Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fortune Brands January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Fortune Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortune Brands shares will generate the highest return on investment. By undertsting and applying Fortune Brands stock market strength indicators, traders can identify Fortune Brands Home entry and exit signals to maximize returns
Fortune Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortune Brands' price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (1.16) |
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Additional Tools for Fortune Stock Analysis
When running Fortune Brands' price analysis, check to measure Fortune Brands' 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 Fortune Brands is operating at the current time. Most of Fortune Brands' value examination focuses on studying past and present price action to predict the probability of Fortune Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Brands' price. Additionally, you may evaluate how the addition of Fortune Brands to your portfolios can decrease your overall portfolio volatility.