Fortum Oyj Adr Stock Today
| FOJCY Stock | USD 2.55 0.02 0.79% |
Performance0 of 100
| Odds Of DistressLess than 40
|
Fortum Oyj is trading at 2.55 as of the 19th of April 2024; that is 0.79 percent increase since the beginning of the trading day. The stock's open price was 2.53. Fortum Oyj has about a 40 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Fortum Oyj ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of February 2024 and ending today, the 19th of April 2024. Click here to learn more.
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Germany, the United Kingdom, Russia, the Netherlands, the Baltic Rim area, and internationally. Fortum Oyj was founded in 1998 and is headquartered in Espoo, Finland. The company has 4.49 B outstanding shares. More on Fortum Oyj ADR
Moving together with Fortum Pink Sheet
| 0.78 | OEZVY | Verbund AG ADR | PairCorr |
Moving against Fortum Pink Sheet
| 0.7 | PPERY | Bank Mandiri Persero Earnings Call This Week | PairCorr |
| 0.48 | BKRKF | PT Bank Rakyat | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Fortum Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fortum Oyj's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fortum Oyj or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Matti Ruotsala |
| Business Concentration | Utilities—Renewable, Utilities (View all Sectors) |
Fortum Oyj ADR [FOJCY] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC). The company currently falls under 'Large-Cap' category with a current market capitalization of 13.99 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortum Oyj's market, we take the total number of its shares issued and multiply it by Fortum Oyj's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Fortum Oyj ADR classifies itself under Utilities sector and is part of Utilities—Renewable industry. The entity has 4.49 B outstanding shares.
Fortum Oyj ADR has accumulated about 4.88 B in cash with 4.97 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check Fortum Oyj Probability Of Bankruptcy
Fortum Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Fortum Oyj jumping above the current price in 90 days from now is about 20.66%. The Fortum Oyj ADR probability density function shows the probability of Fortum Oyj pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Fortum Oyj has a beta of 0.2563. This usually indicates as returns on the market go up, Fortum Oyj average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fortum Oyj ADR will be expected to be much smaller as well. Additionally, fortum Oyj ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Fortum Oyj to move above the current price in 90 days from now is about 20.66 (This Fortum Oyj ADR probability density function shows the probability of Fortum Pink Sheet to fall within a particular range of prices over 90 days) .
Fortum Oyj ADR Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fortum Oyj market risk premium is the additional return an investor will receive from holding Fortum Oyj long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fortum Oyj. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fortum Oyj's alpha and beta are two of the key measurements used to evaluate Fortum Oyj's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.6 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.64 | |||
| Risk Adjusted Performance | (0.01) |
Fortum Stock Against Markets
Picking the right benchmark for Fortum Oyj pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fortum Oyj pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fortum Oyj is critical whether you are bullish or bearish towards Fortum Oyj ADR at a given time. Please also check how Fortum Oyj's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fortum Oyj without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Sign In To Macroaxis Now
Sign In To MacroaxisSign in to explore Macroaxis' wealth optimization platform and fintech modules |
| All Next | Launch Module |
Fortum Oyj Corporate Directors
Fortum Oyj corporate directors refer to members of a Fortum Oyj board of directors. The board of directors generally takes responsibility for the Fortum Oyj's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Fortum Oyj's board members must vote for the resolution. The Fortum Oyj board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| VeliMatti Reinikkala | Director | Profile | |
| Philipp Rosler | Director | Profile | |
| HeinzWerner Binzel | Non-Executive Independent Director | Profile | |
| Petteri Taalas | Independent Director | Profile |
How to buy Fortum Pink Sheet?
Before investing in Fortum Oyj, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fortum Oyj. To buy Fortum Oyj stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fortum Oyj. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fortum Oyj stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fortum Oyj ADR stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fortum Oyj ADR stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Fortum Oyj ADR, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Fortum Oyj ADR?
The danger of trading Fortum Oyj ADR is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fortum Oyj is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fortum Oyj. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fortum Oyj ADR is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortum Oyj ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Fortum Oyj ADR information on this page should be used as a complementary analysis to other Fortum Oyj's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Fortum Pink Sheet analysis
When running Fortum Oyj's price analysis, check to measure Fortum Oyj'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 Fortum Oyj is operating at the current time. Most of Fortum Oyj's value examination focuses on studying past and present price action to predict the probability of Fortum Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortum Oyj's price. Additionally, you may evaluate how the addition of Fortum Oyj to your portfolios can decrease your overall portfolio volatility.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |