Fortune Brands (Germany) Price on February 14, 2024
| 2FB Stock | EUR 67.00 0.00 0.00% |
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 67.00, as last reported on the 30th of December, with the highest price reaching 67.00 and the lowest price hitting 67.00 during the day. Fortune Brands Home secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Fortune Brands Home exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fortune Brands' Mean Deviation of 1.18, standard deviation of 1.68, and Variance of 2.83 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 = -0.1461
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Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 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 February 14, 2024
It is possible to determine the worth of Fortune Brands on a given historical date. On February 14, 2024 Fortune was worth 72.0 at the beginning of the trading date compared to the closed value of 72.0. 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 | |
| 73.98 | 73.98 | 73.98 | 73.98 | 1.00 | |
02/14/2024 | 72.00 | 72.00 | 72.00 | 72.00 | 1.00 |
| 72.99 | 72.99 | 72.99 | 72.99 | 1.00 |
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Fortune Brands Trading Date Momentum on February 14, 2024
| On February 15 2024 Fortune Brands Home was traded for 72.99 at the closing time. The highest daily price throughout the period was 72.99 and the lowest price was 72.99 . There was no trading activity during the period 1.0. Lack of trading volume on 02/15/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 1.37% . The overall trading delta to current closing price is 2.40% . |
Fortune Brands Home Fundamentals Correlations and Trends
By evaluating Fortune Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortune Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortune financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortune Brands Stock history
Fortune Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune Brands Home will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fortune Brands stock prices may prove useful in developing a viable investing in Fortune Brands
Fortune Brands Home Security, Inc., together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications. The company was founded in 1988 and is headquartered in Deerfield, Illinois. FORT BRAND operates under Home Furnishings Fixtures classification in Germany and is traded on Frankfurt Stock Exchange. It employs 25300 people.
Fortune Brands Stock Technical Analysis
Fortune Brands 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.
Price Boundaries
Fortune Brands Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Fortune Brands Home cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 December 30, 2024 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 | (0.11) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (1.58) |
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Complementary 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.
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