Fortress Transportation And Stock Price on September 15, 2022
| FTAIO Stock | USD 25.70 0.01 0.04% |
Below is the normalized historical share price chart for Fortress Transportation and extending back to November 25, 2019. 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 Fortress Transportation stands at 25.70, as last reported on the 28th of September, with the highest price reaching 25.70 and the lowest price hitting 25.60 during the day.
If you're considering investing in Fortress Stock, it is important to understand the factors that can impact its price. As of now, Fortress Stock is very steady. Fortress Transportation secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the company had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fortress Transportation and, which you can use to evaluate the volatility of the firm. Please confirm Fortress Transportation's Coefficient Of Variation of 423.65, standard deviation of 0.3011, and Mean Deviation of 0.2162 to check if the risk estimate we provide is consistent with the expected return of 0.0732%.
At this time, Fortress Transportation's Stock Based Compensation is very stable compared to the past year. As of the 28th of September 2024, Issuance Of Capital Stock is likely to grow to about 117.2 M, while Total Stockholder Equity is likely to drop about 166.6 M. . At this time, Fortress Transportation's Price Book Value Ratio is very stable compared to the past year. As of the 28th of September 2024, Price To Operating Cash Flows Ratio is likely to grow to 37.74, while Price To Sales Ratio is likely to drop 3.71. Fortress Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of November 2019 | 200 Day MA 25.2 | 50 Day MA 25.5148 | Beta 2.074 |
Fortress |
Sharpe Ratio = 0.2377
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Estimated Market Risk
| 0.31 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Fortress Transportation is performing at about 18% 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 Fortress Transportation by adding it to a well-diversified portfolio.
Book Value 0.679 | Enterprise Value 5.5 B | Shares Float 100.8 M | Shares Short Prior Month 16.6 K | Dividend Share 1.2 |
Fortress Transportation Valuation on September 15, 2022
It is possible to determine the worth of Fortress Transportation on a given historical date. On September 15, 2022 Fortress was worth 18.5 at the beginning of the trading date compared to the closed value of 18.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortress Transportation stock. Still, in general, we apply an absolute valuation method to find Fortress Transportation'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 Fortress Transportation where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortress Transportation's related companies.
| Open | High | Low | Close | Volume | |
| 18.24 | 18.63 | 18.23 | 18.39 | 3,600 | |
09/15/2022 | 18.50 | 18.50 | 18.15 | 18.16 | 5,000 |
| 18.24 | 18.33 | 18.02 | 18.20 | 1,700 |
| Backtest Fortress Transportation | | | Fortress Transportation History | | | Fortress Transportation Valuation | Previous | Next |
Fortress Transportation Trading Date Momentum on September 15, 2022
| On September 16 2022 Fortress Transportation and was traded for 18.20 at the closing time. The highest daily price throughout the period was 18.33 and the lowest price was 18.02 . The daily volume was 1.7 K. The net trading volume on 09/16/2022 added to the next day price boost. The overall trading delta to closing price of the next trading day was 0.22% . The overall trading delta to current closing price is 3.03% . |
Fortress Transportation Fundamentals Correlations and Trends
By evaluating Fortress Transportation'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 Fortress Transportation's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortress financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortress Transportation Stock history
Fortress Transportation 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 Fortress is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortress Transportation 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 Fortress Transportation stock prices may prove useful in developing a viable investing in Fortress Transportation
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 100.4 M | 84.7 M | |
| Net Loss | -198.3 M | -188.4 M |
Fortress Transportation Quarterly Net Working Capital |
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Fortress Transportation Stock Technical Analysis
Fortress Transportation 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
Fortress Transportation Period Price Range
Low | September 28, 2024
| High |
0.00 | 0.00 |
Fortress Transportation and cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Fortress Transportation September 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortress Transportation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortress Transportation shares will generate the highest return on investment. By undertsting and applying Fortress Transportation stock market strength indicators, traders can identify Fortress Transportation and entry and exit signals to maximize returns
Fortress Transportation Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortress Transportation's price direction in advance. Along with the technical and fundamental analysis of Fortress Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortress 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 | 0.1731 | |||
| Jensen Alpha | 0.0578 | |||
| Total Risk Alpha | 0.0192 | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 2.06 |
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Additional Information and Resources on Investing in Fortress Stock
When determining whether Fortress Transportation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortress Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortress Transportation And Stock. Highlighted below are key reports to facilitate an investment decision about Fortress Transportation And Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortress Transportation and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortress Transportation. If investors know Fortress will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortress Transportation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.409 | Dividend Share 1.2 | Earnings Share (3.47) | Revenue Per Share 13.694 | Quarterly Revenue Growth 0.617 |
The market value of Fortress Transportation is measured differently than its book value, which is the value of Fortress that is recorded on the company's balance sheet. Investors also form their own opinion of Fortress Transportation's value that differs from its market value or its book value, called intrinsic value, which is Fortress Transportation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortress Transportation's market value can be influenced by many factors that don't directly affect Fortress Transportation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortress Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortress Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortress Transportation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.