Fortune Minerals (Germany) Price History

FMP Stock  EUR 0.02  0.03  59.78%   
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortune Minerals stands at 0.02, as last reported on the 21st of January, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Fortune Minerals is out of control given 3 months investment horizon. Fortune Minerals secures Sharpe Ratio (or Efficiency) of 0.0513, which denotes the company had a 0.0513 % return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Fortune Minerals Downside Deviation of 17.8, coefficient of variation of 1967.75, and Mean Deviation of 10.49 to evaluate company specific risk that cannot be diversified away.
  
Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0513

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Estimated Market Risk

 19.84
  actual daily
96
96% of assets are less volatile

Expected Return

 1.02
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Fortune Minerals is performing at about 4% 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 Fortune Minerals by adding it to a well-diversified portfolio.

Fortune Minerals Stock Price History Chart

There are several ways to analyze Fortune Stock price data. The simplest method is using a basic Fortune candlestick price chart, which shows Fortune Minerals price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 16, 20250.046
Lowest PriceNovember 6, 20240.0185

Fortune Minerals January 21, 2025 Stock Price Synopsis

Various analyses of Fortune Minerals' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Fortune Stock. It can be used to describe the percentage change in the price of Fortune Minerals from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Fortune Stock.
Fortune Minerals Price Rate Of Daily Change 0.40 
Fortune Minerals Price Action Indicator(0.01)

Fortune Minerals January 21, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Fortune Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Fortune Minerals intraday prices and daily technical indicators to check the level of noise trading in Fortune Stock and then apply it to test your longer-term investment strategies against Fortune.

Fortune Stock Price History Data

The price series of Fortune Minerals for the period between Wed, Oct 23, 2024 and Tue, Jan 21, 2025 has a statistical range of 0.03 with a coefficient of variation of 17.74. Under current investment horizon, the daily prices are spread out with arithmetic mean of 0.02. The median price for the last 90 days is 0.02.
OpenHighLowCloseVolume
01/21/2025
 0.02  0.02  0.02  0.02 
01/20/2025 0.02  0.02  0.02  0.02  20,000 
01/17/2025 0.02  0.02  0.02  0.02  20,000 
01/16/2025 0.02  0.05  0.02  0.05  20,000 
01/15/2025 0.02  0.02  0.02  0.02  18,000 
01/14/2025 0.02  0.02  0.02  0.02  18,000 
01/13/2025 0.02  0.02  0.02  0.02  18,000 
01/10/2025 0.03  0.03  0.03  0.03  18,000 
01/09/2025 0.03  0.03  0.03  0.03  18,000 
01/08/2025 0.02  0.02  0.02  0.02  18,000 
01/07/2025 0.02  0.02  0.02  0.02  18,000 
01/06/2025 0.02  0.02  0.02  0.02  18,000 
01/03/2025 0.02  0.02  0.02  0.02  18,000 
01/02/2025 0.02  0.02  0.02  0.02  18,000 
12/30/2024 0.02  0.02  0.02  0.02  18,000 
12/27/2024 0.02  0.02  0.02  0.02  18,000 
12/23/2024 0.02  0.02  0.02  0.02  18,000 
12/20/2024 0.02  0.02  0.02  0.02  18,000 
12/19/2024 0.02  0.02  0.02  0.02  18,000 
12/18/2024 0.02  0.02  0.02  0.02  18,000 
12/17/2024 0.02  0.02  0.02  0.02  38,750 
12/16/2024 0.02  0.02  0.02  0.02  38,750 
12/13/2024 0.02  0.02  0.02  0.02  38,750 
12/12/2024 0.02  0.02  0.02  0.02  38,750 
12/11/2024 0.03  0.03  0.03  0.03  38,750 
12/10/2024 0.02  0.02  0.02  0.02  38,750 
12/09/2024 0.02  0.04  0.02  0.02  38,750 
12/06/2024 0.02  0.02  0.02  0.02  5,000 
12/05/2024 0.02  0.02  0.02  0.02  5,000 
12/04/2024 0.02  0.02  0.02  0.02  1.00 
12/03/2024 0.02  0.02  0.02  0.02  1.00 
12/02/2024 0.02  0.02  0.02  0.02  1.00 
11/29/2024 0.02  0.02  0.02  0.02  1.00 
11/28/2024 0.02  0.02  0.02  0.02  1.00 
11/27/2024 0.02  0.02  0.02  0.02  1.00 
11/26/2024 0.02  0.02  0.02  0.02  1.00 
11/25/2024 0.02  0.02  0.02  0.02  1.00 
11/22/2024 0.03  0.03  0.03  0.03  1.00 
11/21/2024 0.03  0.03  0.03  0.03  1.00 
11/20/2024 0.03  0.03  0.03  0.03  1.00 
11/19/2024 0.02  0.02  0.02  0.02  1.00 
11/18/2024 0.02  0.02  0.02  0.02  1.00 
11/15/2024 0.02  0.02  0.02  0.02  1.00 
11/14/2024 0.02  0.02  0.02  0.02  1.00 
11/13/2024 0.02  0.02  0.02  0.02  1.00 
11/12/2024 0.02  0.02  0.02  0.02  1.00 
11/11/2024 0.02  0.02  0.02  0.02  1.00 
11/08/2024 0.02  0.02  0.02  0.02  1.00 
11/07/2024 0.02  0.02  0.02  0.02  1.00 
11/06/2024 0.02  0.02  0.02  0.02  1.00 
11/05/2024 0.02  0.02  0.02  0.02  1.00 
11/04/2024 0.03  0.03  0.03  0.03  1.00 
11/01/2024 0.02  0.02  0.02  0.02  9,084 
10/31/2024 0.02  0.02  0.02  0.02  9,084 
10/30/2024 0.02  0.02  0.02  0.02  1.00 
10/29/2024 0.02  0.02  0.02  0.02  1.00 
10/28/2024 0.03  0.03  0.03  0.03  9,084 
10/25/2024 0.02  0.02  0.02  0.02  9,084 
10/24/2024 0.03  0.03  0.03  0.03  9,084 
10/23/2024 0.03  0.03  0.03  0.03  9,084 
10/22/2024 0.03  0.03  0.03  0.03  9,084 

About Fortune Minerals Stock history

Fortune Minerals 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 Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune Minerals 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 Fortune Minerals stock prices may prove useful in developing a viable investing in Fortune Minerals
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. Fortune Minerals Limited was founded in 1988 and is headquartered in London, Canada. Fortune Minerals operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6 people.

Fortune Minerals Stock Technical Analysis

Fortune Minerals 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 Fortune Minerals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortune Minerals 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...

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Fortune Minerals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortune Minerals' price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune 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.

Complementary Tools for Fortune Stock analysis

When running Fortune Minerals' price analysis, check to measure Fortune Minerals' 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 Fortune Minerals is operating at the current time. Most of Fortune Minerals' value examination focuses on studying past and present price action to predict the probability of Fortune Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Minerals' price. Additionally, you may evaluate how the addition of Fortune Minerals to your portfolios can decrease your overall portfolio volatility.
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