Fortive Corp Stock Probability of Future Stock Price Finishing Under 81.04
FTV Stock | USD 77.00 1.03 1.36% |
Closest to current price Fortive long CALL Option Payoff at Expiration
Fortive |
Fortive Corp Target Price Odds to finish below 81.04
The tendency of Fortive Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to stay under $ 81.04 after 90 days |
77.00 | 90 days | 81.04 | about 30.56 |
Based on a normal probability distribution, the odds of Fortive Corp to stay under $ 81.04 after 90 days from now is about 30.56 (This Fortive Corp probability density function shows the probability of Fortive Stock to fall within a particular range of prices over 90 days) . Probability of Fortive Corp price to stay between its current price of $ 77.00 and $ 81.04 at the end of the 90-day period is about 25.94 .
Considering the 90-day investment horizon Fortive Corp has a beta of 0.86. This usually indicates Fortive Corp market returns are correlated to returns on the market. As the market goes up or down, Fortive Corp is expected to follow. Additionally Fortive Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Fortive Corp Price Density |
Price |
Predictive Modules for Fortive Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Fortive Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortive Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fortive Corp Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Fortive Corp is not an exception. The market had few large corrections towards the Fortive Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Fortive Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Fortive Corp within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 0.86 | |
σ | Overall volatility | 3.49 | |
Ir | Information ratio | -0.02 |
Fortive Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Fortive Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Fortive Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Fortive Corp generated a negative expected return over the last 90 days | |
The company has 3.81 B in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Fortive Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Fortive Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Fortive Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortive Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortive to invest in growth at high rates of return. When we think about Fortive Corp's use of debt, we should always consider it together with cash and equity. | |
Over 96.0% of Fortive Corp shares are owned by institutional investors | |
On 28th of March 2024 Fortive Corp paid $ 0.08 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Fortive Corporation Just Recorded A 16 percent EPS Beat Heres What Analysts Are Forecasting Next |
Fortive Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Fortive Stock often depends not only on the future outlook of the current and potential Fortive Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Fortive Corp's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 355.6 M | |
Cash And Short Term Investments | 1.9 B |
Fortive Corp Technical Analysis
Fortive Corp's future price can be derived by breaking down and analyzing its technical indicators over time. Fortive Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Fortive Corp. In general, you should focus on analyzing Fortive Stock price patterns and their correlations with different microeconomic environments and drivers.
Fortive Corp Predictive Forecast Models
Fortive Corp's time-series forecasting models is one of many Fortive Corp's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Fortive Corp's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Fortive Corp
Checking the ongoing alerts about Fortive Corp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Fortive Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Fortive Corp generated a negative expected return over the last 90 days | |
The company has 3.81 B in debt with debt to equity (D/E) ratio of 0.38, which is OK given its current industry classification. Fortive Corp has a current ratio of 0.92, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Fortive Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Fortive Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortive Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortive to invest in growth at high rates of return. When we think about Fortive Corp's use of debt, we should always consider it together with cash and equity. | |
Over 96.0% of Fortive Corp shares are owned by institutional investors | |
On 28th of March 2024 Fortive Corp paid $ 0.08 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Fortive Corporation Just Recorded A 16 percent EPS Beat Heres What Analysts Are Forecasting Next |
Check out Fortive Corp Backtesting, Fortive Corp Valuation, Fortive Corp Correlation, Fortive Corp Hype Analysis, Fortive Corp Volatility, Fortive Corp History as well as Fortive Corp Performance. For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary 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.
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Transaction History View history of all your transactions and understand their impact on performance | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |
Is Fortive Corp's industry 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 Fortive Corp. If investors know Fortive 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 Fortive Corp 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 0.184 | Dividend Share 0.3 | Earnings Share 2.52 | Revenue Per Share 17.411 | Quarterly Revenue Growth 0.044 |
The market value of Fortive Corp is measured differently than its book value, which is the value of Fortive that is recorded on the company's balance sheet. Investors also form their own opinion of Fortive Corp's value that differs from its market value or its book value, called intrinsic value, which is Fortive Corp'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 Fortive Corp's market value can be influenced by many factors that don't directly affect Fortive Corp'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 Fortive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortive Corp'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.