Fortis Inc Stock Price on December 1, 2023

FTS Stock  CAD 68.79  0.99  1.46%   
If you're considering investing in Fortis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortis stands at 68.79, as last reported on the 4th of August, with the highest price reaching 69.70 and the lowest price hitting 68.12 during the day. As of now, Fortis Stock is very steady. Fortis Inc secures Sharpe Ratio (or Efficiency) of 0.0549, which denotes the company had a 0.0549 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortis Inc, which you can use to evaluate the volatility of the firm. Please confirm Fortis' Downside Deviation of 1.02, coefficient of variation of 1821.77, and Mean Deviation of 0.6705 to check if the risk estimate we provide is consistent with the expected return of 0.048%.
  
Fortis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Fortis Main Headline on 1st of December 2023

Fortis Inc dividend paid on 1st of December 2023

Fortis Valuation on December 1, 2023

It is possible to determine the worth of Fortis on a given historical date. On December 1, 2023 Fortis was worth 51.18 at the beginning of the trading date compared to the closed value of 51.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortis stock. Still, in general, we apply an absolute valuation method to find Fortis' 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 Fortis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortis' related companies.
 Open High Low Close Volume
  51.14    51.33    50.29    51.14    3,720,699  
12/01/2023
  51.18    51.63    50.97    51.60    1,457,895  
  51.60    52.02    51.28    51.78    991,000  
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Open Value
51.18
51.6
Closing Value
53.80
Upside

Fortis Trading Date Momentum on December 1, 2023

On December 04 2023 Fortis Inc was traded for  51.78  at the closing time. The maximum traded price for the trading interval was 52.02  and the lowest daily price was  51.28 . The daily volume was recorded at 991 K. The volume of trading on 4th of December 2023 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.35% . The overall trading delta to the closing price today is 0.62% .

Fortis Inc Fundamentals Correlations and Trends

By evaluating Fortis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fortis Stock history

Fortis 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 Fortis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortis Inc 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 Fortis stock prices may prove useful in developing a viable investing in Fortis
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. FORTIS INC operates under UtilitiesRegulated Electric classification in Canada and is traded on Toronto Stock Exchange. It employs 9100 people.

Fortis Stock Technical Analysis

Fortis 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.
A focus of Fortis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fortis Period Price Range

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Fortis August 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Fortis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortis shares will generate the highest return on investment. By undertsting and applying Fortis stock market strength indicators, traders can identify Fortis Inc entry and exit signals to maximize returns

Fortis Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortis' price direction in advance. Along with the technical and fundamental analysis of Fortis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortis 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.
When determining whether Fortis Inc is a strong investment it is important to analyze Fortis' 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 Fortis' future performance. For an informed investment choice regarding Fortis Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Please note, there is a significant difference between Fortis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortis' 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.