Fortive Corp Stock Price on September 19, 2024
| FTV Stock | USD 79.40 0.44 0.56% |
Below is the normalized historical share price chart for Fortive Corp extending back to June 13, 2016. 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 Fortive Corp stands at 79.40, as last reported on the 28th of November, with the highest price reaching 79.42 and the lowest price hitting 78.49 during the day.
If you're considering investing in Fortive Stock, it is important to understand the factors that can impact its price. At this stage we consider Fortive Stock to be very steady. Fortive Corp secures Sharpe Ratio (or Efficiency) of 0.084, which denotes the company had a 0.084% return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortive Corp, which you can use to evaluate the volatility of the firm. Please confirm Fortive Corp's Mean Deviation of 1.03, downside deviation of 1.27, and Coefficient Of Variation of 1099.35 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Fortive Corp's Common Stock Shares Outstanding is fairly stable compared to the past year. Preferred Stock And Other Adjustments is likely to climb to about 41.5 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 13.6 B in 2024. . At this time, Fortive Corp's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 2.28 in 2024, whereas Price Earnings Ratio is likely to drop 17.34 in 2024. Fortive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of July 2016 | 200 Day MA 76.8105 | 50 Day MA 75.975 | Beta 1.174 |
Fortive |
Sharpe Ratio = 0.084
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | FTV | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.36 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Fortive Corp 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 Fortive Corp by adding it to a well-diversified portfolio.
Price Book 2.5955 | Enterprise Value Ebitda 18.5023 | Price Sales 4.422 | Shares Float 345.3 M | Dividend Share 0.32 |
Fortive Corp Valuation on September 19, 2024
It is possible to determine the worth of Fortive Corp on a given historical date. On September 19, 2024 Fortive was worth 77.0 at the beginning of the trading date compared to the closed value of 77.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortive Corp stock. Still, in general, we apply an absolute valuation method to find Fortive Corp'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 Fortive Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortive Corp's related companies.
| Open | High | Low | Close | Volume | |
| 75.02 | 76.46 | 74.60 | 75.71 | 2,739,590 | |
09/19/2024 | 77.00 | 77.68 | 76.10 | 77.29 | 3,156,934 |
| 76.58 | 76.78 | 75.61 | 76.34 | 3,698,275 |
| Backtest Fortive Corp | | | Fortive Corp History | | | Fortive Corp Valuation | Previous | Next |
Fortive Corp Trading Date Momentum on September 19, 2024
| On September 20 2024 Fortive Corp was traded for 76.34 at the closing time. Highest Fortive Corp's price during the trading hours was 76.78 and the lowest price during the day was 75.61 . The net volume was 3.7 M. The overall trading history on the 20th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.23% . The overall trading delta to current price is 1.99% . |
Fortive Corp Fundamentals Correlations and Trends
By evaluating Fortive Corp'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 Fortive Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortive financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortive Corp Stock history
Fortive Corp 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 Fortive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortive Corp 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 Fortive Corp stock prices may prove useful in developing a viable investing in Fortive Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 355.6 M | 384.9 M | |
| Net Income Applicable To Common Shares | 868.5 M | 1.2 B |
Fortive Corp Stock Technical Analysis
Fortive Corp 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
Fortive Corp Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Fortive Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Fortive Corp November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortive Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortive Corp shares will generate the highest return on investment. By undertsting and applying Fortive Corp stock market strength indicators, traders can identify Fortive Corp entry and exit signals to maximize returns
Fortive Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortive Corp's price direction in advance. Along with the technical and fundamental analysis of Fortive Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortive 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 | 0.0738 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0884 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Fortive Stock Analysis
When running Fortive Corp's price analysis, check to measure Fortive Corp'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 Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.