Fortress Transportation And Stock Price on June 8, 2024

FTAIO Stock  USD 25.22  0.05  0.20%   
Below is the normalized historical share price chart for Fortress Transportation and extending back to November 25, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fortress Transportation stands at 25.22, as last reported on the 4th of December, with the highest price reaching 25.25 and the lowest price hitting 25.18 during the day.
IPO Date
25th of November 2019
200 Day MA
25.4025
50 Day MA
25.7366
Beta
2.073
 
Covid
If you're considering investing in Fortress Stock, it is important to understand the factors that can impact its price. As of now, Fortress Stock is very steady. Fortress Transportation secures Sharpe Ratio (or Efficiency) of 0.0804, which denotes the company had a 0.0804% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortress Transportation and, which you can use to evaluate the volatility of the firm. Please confirm Fortress Transportation's Coefficient Of Variation of 1092.37, downside deviation of 0.6356, and Mean Deviation of 0.3188 to check if the risk estimate we provide is consistent with the expected return of 0.0395%.
  
At this time, Fortress Transportation's Stock Based Compensation is very stable compared to the past year. As of the 4th of December 2024, Issuance Of Capital Stock is likely to grow to about 117.2 M, while Total Stockholder Equity is likely to drop about 166.6 M. . At this time, Fortress Transportation's Price Book Value Ratio is very stable compared to the past year. As of the 4th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 37.74, while Price To Sales Ratio is likely to drop 3.76. Fortress Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0804

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Estimated Market Risk

 0.49
  actual daily
4
96% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Fortress Transportation is performing at about 6% of its full potential. 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 Fortress Transportation by adding it to a well-diversified portfolio.
Book Value
1.154
Enterprise Value
5.7 B
Shares Float
101.1 M
Shares Short Prior Month
18.7 K
Dividend Share
1.2

Fortress Transportation Main Headline on 7th of June 2024

Filed transaction by Fortress Transportation and Director, Officer Ceo And Chairman. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Fortress Transportation Valuation on June 8, 2024

It is possible to determine the worth of Fortress Transportation on a given historical date. On June 8, 2024 Fortress was worth 24.19 at the beginning of the trading date compared to the closed value of 24.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortress Transportation stock. Still, in general, we apply an absolute valuation method to find Fortress Transportation's 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 Fortress Transportation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortress Transportation's related companies.
 Open High Low Close Volume
  24.13    24.18    24.03    24.18    2,500  
06/07/2024
  24.19    24.22    24.13    24.22    3,800  
  24.22    24.38    24.22    24.38    3,600  
Backtest Fortress Transportation  |  Fortress Transportation History  |  Fortress Transportation Valuation   PreviousNext  
Open Value
24.19
24.22
Closing Value
25.66
Upside

Fortress Transportation Trading Date Momentum on June 8, 2024

On June 10 2024 Fortress Transportation and was traded for  24.38  at the closing time. The highest daily price throughout the period was 24.38  and the lowest price was  24.22 . The daily volume was 3.6 K. The net trading volume on 06/10/2024 added to the next day price boost. The overall trading delta to closing price of the next trading day was 0.66% . The overall trading delta to current closing price is 0.33% .

Fortress Transportation Fundamentals Correlations and Trends

By evaluating Fortress Transportation's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortress Transportation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortress financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fortress Transportation Stock history

Fortress Transportation 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 Fortress is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortress Transportation 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 Fortress Transportation stock prices may prove useful in developing a viable investing in Fortress Transportation
Last ReportedProjected for Next Year
Common Stock Shares Outstanding100.4 M84.7 M
Net Loss-198.3 M-188.4 M

Fortress Transportation Quarterly Net Working Capital

596.73 Million

Fortress Transportation Stock Technical Analysis

Fortress Transportation 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.
A focus of Fortress Transportation technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortress Transportation trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fortress Transportation Period Price Range

Low
December 4, 2024
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High

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Fortress Transportation December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Fortress Transportation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortress Transportation shares will generate the highest return on investment. By undertsting and applying Fortress Transportation stock market strength indicators, traders can identify Fortress Transportation and entry and exit signals to maximize returns

Fortress Transportation Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortress Transportation's price direction in advance. Along with the technical and fundamental analysis of Fortress Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortress 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.

Other Information on Investing in Fortress Stock

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