Fortress Transportation And Stock Price on December 19, 2024
| FTAIO Stock | USD 25.22 0.02 0.08% |
If you're considering investing in Fortress Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortress Transportation stands at 25.22, as last reported on the 20th of December, with the highest price reaching 25.23 and the lowest price hitting 25.13 during the day. Fortress Transportation secures Sharpe Ratio (or Efficiency) of -0.0472, which denotes the company had a -0.0472% return per unit of risk over the last 3 months. Fortress Transportation and exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fortress Transportation's Mean Deviation of 0.2703, variance of 0.2007, and Standard Deviation of 0.448 to check the risk estimate we provide.
Fortress Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortress |
Sharpe Ratio = -0.0472
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Estimated Market Risk
| 0.45 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fortress Transportation 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 Fortress Transportation by adding Fortress Transportation to a well-diversified portfolio.
Fortress Transportation Valuation on December 19, 2024
It is possible to determine the worth of Fortress Transportation on a given historical date. On December 19, 2024 Fortress was worth 25.16 at the beginning of the trading date compared to the closed value of 25.22. 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 | |
| 25.20 | 25.25 | 25.20 | 25.20 | 20,954 | |
12/19/2024 | 25.16 | 25.23 | 25.13 | 25.22 | 22,364 |
| 25.16 | 25.23 | 25.13 | 25.22 | 0.00 |
| Backtest Fortress Transportation | | | Fortress Transportation History | | | Fortress Transportation Valuation | Previous | Next |
Fortress Transportation Trading Date Momentum on December 19, 2024
| On December 20 2024 Fortress Transportation and was traded for 25.22 at the closing time. The highest daily price throughout the period was 25.23 and the lowest price was 25.13 . There was no trading activity during the period 0.0. Lack of trading volume on 12/20/2024 did not affect price variability. The overall trading delta to current closing price is 0.24% . |
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
Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. Fortress Transportation and Infrastructure Investors LLC was founded in 2011 and is headquartered in New York, New York. Fortress Transn operates under Rental Leasing Services classification in the United States and is traded on NASDAQ Exchange. It employs 600 people.
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.
Price Boundaries
Fortress Transportation Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Fortress Transportation and cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Fortress Transportation December 20, 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.
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| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | (0.40) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortress Transportation. If investors know Fortress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortress Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fortress Transportation is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transportation's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortress Transportation's market value can be influenced by many factors that don't directly affect Fortress Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortress Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.