Fortive Corp Stock Price on December 2, 2024

FTV Stock  USD 78.32  0.13  0.17%   
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 78.32, as last reported on the 11th of December 2024, with the highest price reaching 78.85 and the lowest price hitting 77.15 during the day.
IPO Date
1st of July 2016
200 Day MA
76.6108
50 Day MA
76.3712
Beta
1.174
 
Covid
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 0.0941, which denotes the company had a 0.0941% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fortive Corp, which you can use to evaluate the volatility of the firm. Please confirm Fortive Corp's Coefficient Of Variation of 905.66, downside deviation of 1.03, and Mean Deviation of 0.8757 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.

Sharpe Ratio = 0.0941

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Estimated Market Risk

 1.21
  actual daily
10
90% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Fortive Corp is performing at about 7% 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
2.5932
Enterprise Value Ebitda
18.4876
Price Sales
4.3934
Shares Float
345.3 M
Dividend Share
0.32

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Fortive Corp Valuation on December 2, 2024

It is possible to determine the worth of Fortive Corp on a given historical date. On December 2, 2024 Fortive was worth 79.39 at the beginning of the trading date compared to the closed value of 78.96. 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
  79.39    79.80    79.23    79.33    1,234,827  
12/02/2024
  79.39    79.39    78.34    78.96    1,454,185  
  78.88    78.96    77.74    78.57    2,067,353  
Backtest Fortive Corp  |  Fortive Corp History  |  Fortive Corp Valuation   PreviousNext  
Open Value
79.39
78.96
Closing Value
83.01
Upside

Fortive Corp Trading Date Momentum on December 2, 2024

On December 03 2024 Fortive Corp was traded for  78.57  at the closing time. Highest Fortive Corp's price during the trading hours was 78.96  and the lowest price during the day was  77.74 . The net volume was 2.1 M. The overall trading history on the 3rd of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.49% . The overall trading delta to current price is 0.73% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding355.6 M384.9 M
Net Income Applicable To Common Shares868.5 M1.2 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.
A focus of Fortive Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortive Corp 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

Fortive Corp Period Price Range

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December 11, 2024
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Fortive Corp December 11, 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.

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.