Fortrea Holdings Stock Forecast - Risk Adjusted Performance
| FTRE Stock | 19.36 0.19 0.99% |
Fortrea Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Fortrea Holdings stock prices and determine the direction of Fortrea Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Fortrea Holdings' historical fundamentals, such as revenue growth or operating cash flow patterns.
Fortrea |
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Fortrea Holdings Trading Date Momentum
| On December 27 2024 Fortrea Holdings was traded for 19.36 at the closing time. The top price for the day was 19.60 and the lowest listed price was 18.74 . The trading volume for the day was 801.6 K. The trading history from December 27, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.86% . |
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Other Forecasting Options for Fortrea Holdings
For every potential investor in Fortrea, whether a beginner or expert, Fortrea Holdings' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Fortrea Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Fortrea. Basic forecasting techniques help filter out the noise by identifying Fortrea Holdings' price trends.Fortrea Holdings Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Fortrea Holdings stock to make a market-neutral strategy. Peer analysis of Fortrea Holdings could also be used in its relative valuation, which is a method of valuing Fortrea Holdings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Fortrea Holdings Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Fortrea Holdings' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Fortrea Holdings' current price.| Cycle Indicators | ||
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Fortrea Holdings Market Strength Events
Market strength indicators help investors to evaluate how Fortrea Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortrea Holdings shares will generate the highest return on investment. By undertsting and applying Fortrea Holdings stock market strength indicators, traders can identify Fortrea Holdings entry and exit signals to maximize returns.
| Accumulation Distribution | 35174.22 | |||
| Daily Balance Of Power | 0.2209 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 19.17 | |||
| Day Typical Price | 19.23 | |||
| Price Action Indicator | 0.28 | |||
| Period Momentum Indicator | 0.19 |
Fortrea Holdings Risk Indicators
The analysis of Fortrea Holdings' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Fortrea Holdings' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting fortrea stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.14 | |||
| Semi Deviation | 3.68 | |||
| Standard Deviation | 5.12 | |||
| Variance | 26.18 | |||
| Downside Variance | 14.09 | |||
| Semi Variance | 13.56 | |||
| Expected Short fall | (3.46) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Fortrea Holdings is a strong investment it is important to analyze Fortrea Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortrea Holdings' future performance. For an informed investment choice regarding Fortrea Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Fortrea Holdings to cross-verify your projections. For information on how to trade Fortrea Stock refer to our How to Trade Fortrea Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Life Sciences Tools & Services 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 Fortrea Holdings. If investors know Fortrea 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 Fortrea Holdings 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 (0.57) | Earnings Share (2.44) | Revenue Per Share 33.34 | Quarterly Revenue Growth (0.06) | Return On Assets (0.01) |
The market value of Fortrea Holdings is measured differently than its book value, which is the value of Fortrea that is recorded on the company's balance sheet. Investors also form their own opinion of Fortrea Holdings' value that differs from its market value or its book value, called intrinsic value, which is Fortrea Holdings' 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 Fortrea Holdings' market value can be influenced by many factors that don't directly affect Fortrea Holdings' 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 Fortrea Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortrea Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortrea Holdings' 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.