Fortis 1st Cum Preferred Stock Price on April 13, 2023
FTS-PF Preferred Stock | CAD 21.75 0.14 0.65% |
If you're considering investing in Fortis Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortis 1St stands at 21.75, as last reported on the 11th of December 2024, with the highest price reaching 21.76 and the lowest price hitting 21.55 during the day. Fortis 1St Cum secures Sharpe Ratio (or Efficiency) of -0.0229, which denotes the company had a -0.0229% return per unit of risk over the last 3 months. Fortis 1St Cum exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fortis 1St's Mean Deviation of 0.4309, variance of 0.3239, and Standard Deviation of 0.5691 to check the risk estimate we provide.
Fortis Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortis |
Sharpe Ratio = -0.0229
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Estimated Market Risk
0.57 actual daily | 5 95% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Fortis 1St 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 Fortis 1St by adding Fortis 1St to a well-diversified portfolio.
Fortis 1St Valuation on April 13, 2023
It is possible to determine the worth of Fortis 1St on a given historical date. On April 13, 2023 Fortis was worth 19.06 at the beginning of the trading date compared to the closed value of 18.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortis 1St preferred stock. Still, in general, we apply an absolute valuation method to find Fortis 1St'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 Fortis 1St where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortis 1St's related companies.
Open | High | Low | Close | Volume | |
18.97 | 18.97 | 18.97 | 18.97 | 750.00 | |
04/13/2023 | 19.06 | 19.06 | 18.97 | 18.97 | 900.00 |
18.93 | 18.93 | 18.83 | 18.83 | 2,400 |
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Fortis 1St Trading Date Momentum on April 13, 2023
On April 14 2023 Fortis 1St Cum was traded for 18.83 at the closing time. The highest price during the trading period was 18.93 and the lowest recorded bid was listed for 18.83 . The volume for the day was 2.4 K. This history from April 14, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.74% . The overall trading delta to the current price is 0.32% . |
Fortis 1St Cum Fundamentals Correlations and Trends
By evaluating Fortis 1St'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 Fortis 1St's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortis 1St Preferred Stock history
Fortis 1St 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 Fortis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortis 1St Cum 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 Fortis 1St stock prices may prove useful in developing a viable investing in Fortis 1St
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean. It also owns and operates transmission and distribution lines and natural gas pipelines. FORTIS INC operates under Utilities - Regulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 8800 people.
Fortis 1St Preferred Stock Technical Analysis
Fortis 1St technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Fortis 1St Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Fortis 1St Cum cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Fortis 1St December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortis 1St 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 1St shares will generate the highest return on investment. By undertsting and applying Fortis 1St preferred stock market strength indicators, traders can identify Fortis 1St Cum entry and exit signals to maximize returns
Fortis 1St Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortis 1St's price direction in advance. Along with the technical and fundamental analysis of Fortis Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortis 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 | (0.02) | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | 0.4543 |
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Complementary Tools for Fortis Preferred Stock analysis
When running Fortis 1St's price analysis, check to measure Fortis 1St's 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 Fortis 1St is operating at the current time. Most of Fortis 1St's value examination focuses on studying past and present price action to predict the probability of Fortis 1St's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis 1St's price. Additionally, you may evaluate how the addition of Fortis 1St to your portfolios can decrease your overall portfolio volatility.
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