Fortune Brands Innovations Stock Price Prediction
| FBIN Stock | 86.84 0.96 1.09% |
Oversold Vs Overbought
69
Oversold | Overbought |
Quarterly Earnings Growth 0.325 | EPS Estimate Next Quarter 1.22 | EPS Estimate Current Year 4.28 | EPS Estimate Next Year 4.75 | Wall Street Target Price 85.93 |
Using Fortune Brands hype-based prediction, you can estimate the value of Fortune Brands Innovations from the perspective of Fortune Brands response to recently generated media hype and the effects of current headlines on its competitors.
Fortune Brands Innov Hype to Price Pattern
Investor biases related to Fortune Brands' public news can be used to forecast risks associated with an investment in Fortune. The trend in average sentiment can be used to explain how an investor holding Fortune can time the market purely based on public headlines and social activities around Fortune Brands Innovations. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Fortune Brands' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Fortune Brands.
The fear of missing out, i.e., FOMO, can cause potential investors in Fortune Brands to buy its stock at a price that has no basis in reality. In that case, they are not buying Fortune because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Fortune Brands after-hype prediction price | USD 86.98 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Fortune |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortune Brands' 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.
Fortune Brands After-Hype Price Prediction Density Analysis
As far as predicting the price of Fortune Brands at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Fortune Brands or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Fortune Brands, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Fortune Brands Estimiated After-Hype Price Volatility
In the context of predicting Fortune Brands' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fortune Brands' historical news coverage. Fortune Brands' after-hype downside and upside margins for the prediction period are 84.58 and 89.38, respectively. We have considered Fortune Brands' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Fortune Brands is very steady at this time. Analysis and calculation of next after-hype price of Fortune Brands Innov is based on 3 months time horizon.
Fortune Brands Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Fortune Brands is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fortune Brands backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Fortune Brands, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.49 | 2.40 | 0.14 | 0.24 | 9 Events / Month | 10 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
86.84 | 86.98 | 0.16 |
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Fortune Brands Hype Timeline
Fortune Brands Innov is currently traded for 86.84. The entity has historical hype elasticity of 0.14, and average elasticity to hype of competition of 0.24. Fortune is forecasted to increase in value after the next headline, with the price projected to jump to 86.98 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 0.16%, whereas the daily expected return is currently at 0.49%. The volatility of related hype on Fortune Brands is about 493.15%, with the expected price after the next announcement by competition of 87.08. The company reported the previous year's revenue of 4.63 B. Net Income was 404.5 M with profit before overhead, payroll, taxes, and interest of 1.93 B. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days. Check out Fortune Brands Basic Forecasting Models to cross-verify your projections.Fortune Brands Related Hype Analysis
Having access to credible news sources related to Fortune Brands' direct competition is more important than ever and may enhance your ability to predict Fortune Brands' future price movements. Getting to know how Fortune Brands' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Fortune Brands may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| TT | Trane Technologies plc | 0.80 | 10 per month | 1.56 | 0.09 | 2.33 | (3.19) | 7.05 | |
| JCI | Johnson Controls International | 0.29 | 10 per month | 1.44 | 0.06 | 3.06 | (2.53) | 7.78 | |
| LII | Lennox International | (3.81) | 10 per month | 1.87 | 0.02 | 2.55 | (4.64) | 9.75 | |
| BLDR | Builders FirstSource | 3.88 | 12 per month | 1.73 | 0.16 | 5.52 | (3.97) | 13.97 | |
| CSL | Carlisle Companies Incorporated | 6.38 | 9 per month | 1.80 | 0.04 | 2.90 | (3.24) | 8.51 | |
| MAS | Masco | 0.16 | 13 per month | 0.81 | 0.15 | 3.78 | (2.07) | 9.82 | |
| NX | Quanex Building Products | (0.85) | 11 per month | 3.01 | (0) | 4.46 | (4.68) | 32.55 | |
| JELD | Jeld Wen Holding | (0.42) | 10 per month | 1.85 | 0.08 | 4.99 | (2.97) | 14.95 | |
| AZEK | Azek Company | (0.22) | 11 per month | 2.74 | 0.01 | 4.26 | (3.45) | 16.60 | |
| LPX | Louisiana Pacific | 0.75 | 12 per month | 1.19 | 0.15 | 3.41 | (2.49) | 9.01 | |
| BECN | Beacon Roofing Supply | (0.53) | 10 per month | 3.28 | (0.02) | 3.18 | (4.41) | 18.77 | |
| CARR | Carrier Global Corp | (0.59) | 11 per month | 1.34 | 0.15 | 3.04 | (3.13) | 8.16 |
Fortune Brands Additional Predictive Modules
Most predictive techniques to examine Fortune price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fortune using various technical indicators. When you analyze Fortune charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Fortune Brands Predictive Indicators
The successful prediction of Fortune Brands stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Fortune Brands Innovations, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Fortune Brands based on analysis of Fortune Brands hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Fortune Brands's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Fortune Brands's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0114 | 0.0196 | 0.0225 | 0.0364 | Price To Sales Ratio | 1.64 | 1.58 | 1.42 | 1.06 |
Story Coverage note for Fortune Brands
The number of cover stories for Fortune Brands depends on current market conditions and Fortune Brands' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fortune Brands is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Fortune Brands' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Fortune Brands Short Properties
Fortune Brands' future price predictability will typically decrease when Fortune Brands' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Fortune Brands Innovations often depends not only on the future outlook of the potential Fortune Brands' 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. Fortune Brands' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 127.7 M | |
| Cash And Short Term Investments | 366.4 M |
Additional Information and Resources on Investing in Fortune Stock
When determining whether Fortune Brands Innov offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortune Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortune Brands Innovations Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortune Brands Innovations Stock:Check out Fortune Brands Basic Forecasting Models to cross-verify your projections. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Building Products 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 Fortune Brands. If investors know Fortune 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 Fortune Brands 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 0.325 | Dividend Share 0.95 | Earnings Share 3.52 | Revenue Per Share 37.933 | Quarterly Revenue Growth 0.066 |
The market value of Fortune Brands Innov is measured differently than its book value, which is the value of Fortune that is recorded on the company's balance sheet. Investors also form their own opinion of Fortune Brands' value that differs from its market value or its book value, called intrinsic value, which is Fortune Brands' 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 Fortune Brands' market value can be influenced by many factors that don't directly affect Fortune Brands' 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 Fortune Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortune Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortune Brands' 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.