Fortune Minerals (Germany) Performance
| FMP Stock | 0.04 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Fortune Minerals are completely uncorrelated.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Fortune Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Fortune Minerals is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Fortune |
Fortune Minerals Relative Risk vs. Return Landscape
If you would invest (100.00) in Fortune Minerals on October 6, 2024 and sell it today you would earn a total of 100.00 from holding Fortune Minerals or generate -100.0% return on investment over 90 days. Fortune Minerals is generating negative expected returns and assumes 0.0% volatility on return distribution over the 90 days horizon. Simply put, 0% of stocks are less volatile than Fortune, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Fortune Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortune Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Fortune Minerals, and traders can use it to determine the average amount a Fortune Minerals' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| FMP |
Based on monthly moving average Fortune Minerals 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 Fortune Minerals by adding Fortune Minerals to a well-diversified portfolio.
Things to note about Fortune Minerals performance evaluation
Checking the ongoing alerts about Fortune Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Fortune Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Fortune Minerals is not yet fully synchronised with the market data | |
| Fortune Minerals has some characteristics of a very speculative penny stock |
- Analyzing Fortune Minerals' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Fortune Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Fortune Minerals' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Fortune Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Fortune Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Fortune Minerals' stock. These opinions can provide insight into Fortune Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.