Fortinet Price Fair Value from 2010 to 2024

FTNT Stock  USD 95.05  0.99  1.05%   
Fortinet Price Fair Value yearly trend continues to be comparatively stable with very little volatility. Price Fair Value is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortinet Price Fair Value quarterly data regression had r-value of (0.37) and coefficient of variation of (431.95). View All Fundamentals
 
Price Fair Value  
First Reported
2010-12-31
Previous Quarter
(98.34)
Current Value
(93.42)
Quarterly Volatility
56.38067692
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Price Fair Value Growth Pattern

Below is the plot of the Price Fair Value of Fortinet over the last few years. It is Fortinet's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Price Fair Value10 Years Trend
Slightly volatile
   Price Fair Value   
       Timeline  

Fortinet Price Fair Value Regression Statistics

Arithmetic Mean(13.05)
Geometric Mean19.87
Coefficient Of Variation(431.95)
Mean Deviation43.65
Median7.03
Standard Deviation56.38
Sample Variance3,179
Range212
R-Value(0.37)
Mean Square Error2,956
R-Squared0.14
Significance0.18
Slope(4.66)
Total Sum of Squares44,503

Fortinet Price Fair Value History

2024 -93.42
2023 -98.34
2022 -137.4
2021 75.03
2020 28.5
2019 13.81
2018 11.79

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Price Fair Value, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Fair Value(98.34)(93.42)

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet'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 Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.