Fortis 1st Cum Preferred Stock Price on October 23, 2024
FTS-PF Preferred Stock | CAD 22.26 0.20 0.89% |
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 22.26, as last reported on the 18th of February 2025, with the highest price reaching 22.83 and the lowest price hitting 22.26 during the day. At this point, Fortis 1St is very steady. Fortis 1St Cum secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortis 1St Cum, which you can use to evaluate the volatility of the firm. Please confirm Fortis 1St's Mean Deviation of 0.5672, coefficient of variation of 799.98, and Downside Deviation of 0.7976 to check if the risk estimate we provide is consistent with the expected return of 0.1%.
Fortis Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortis |
Sharpe Ratio = 0.125
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Estimated Market Risk
0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Fortis 1St is performing at about 9% 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 Fortis 1St by adding it to a well-diversified portfolio.
Fortis 1St Valuation on October 23, 2024
It is possible to determine the worth of Fortis 1St on a given historical date. On October 23, 2024 Fortis was worth 21.95 at the beginning of the trading date compared to the closed value of 21.9. 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 | |
21.90 | 21.98 | 21.90 | 21.98 | 1,900 | |
10/23/2024 | 21.95 | 21.95 | 21.90 | 21.90 | 2,900 |
21.92 | 21.92 | 21.90 | 21.90 | 600.00 |
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Fortis 1St Trading Date Momentum on October 23, 2024
On October 24 2024 Fortis 1St Cum was traded for 21.90 at the closing time. The highest price during the trading period was 21.92 and the lowest recorded bid was listed for 21.90 . The volume for the day was 600. This history from October 24, 2024 did not affect price variability. The overall trading delta to the current price is 2.97% . |
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 | February 18, 2025
| 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 February 18, 2025 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 | 0.0899 | |||
Jensen Alpha | 0.0928 | |||
Total Risk Alpha | 0.0915 | |||
Sortino Ratio | 0.115 | |||
Treynor Ratio | (2.73) |
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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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