Fortescue Metals Financials
| FSUGY Stock | USD 24.54 0.93 3.65% |
With this module, you can analyze Fortescue financials for your investing period. You should be able to track the changes in Fortescue Metals individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Fortescue |
Understanding current and past Fortescue Metals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fortescue Metals' financial statements are interrelated, with each one affecting the others. For example, an increase in Fortescue Metals' assets may result in an increase in income on the income statement.
The data published in Fortescue Metals' official financial statements typically reflect Fortescue Metals' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Fortescue Metals' quantitative information. For example, before you start analyzing numbers published by Fortescue accountants, it's essential to understand Fortescue Metals' liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Please note, the imprecision that can be found in Fortescue Metals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fortescue Metals Group. Check Fortescue Metals' Beneish M Score to see the likelihood of Fortescue Metals' management manipulating its earnings.
Fortescue Metals Stock Summary
Fortescue Metals competes with IGO, Mineral Res, and Adriatic Metals. Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. Fortescue Metals Group Limited was incorporated in 1983 and is headquartered in East Perth, Australia. Fortescue Metal operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| ISIN | US34959A2069 |
| Business Address | 87 Adelaide Terrace, |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | www.fmgl.com.au |
| Phone | 61 8 6218 8888 |
| Currency | USD - US Dollar |
Fortescue Metals Key Financial Ratios
Fortescue Metals' financial ratios allow both analysts and investors to convert raw data from Fortescue Metals' financial statements into concise, actionable information that can be used to evaluate the performance of Fortescue Metals over time and compare it to other companies across industries.Fortescue Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Fortescue Metals's current stock value. Our valuation model uses many indicators to compare Fortescue Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fortescue Metals competition to find correlations between indicators driving Fortescue Metals's intrinsic value. More Info.Fortescue Metals Group is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fortescue Metals Group is roughly 1.76 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Fortescue Metals by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Fortescue Metals' OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fortescue Metals Systematic Risk
Fortescue Metals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fortescue Metals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Fortescue Metals correlated with the market. If Beta is less than 0 Fortescue Metals generally moves in the opposite direction as compared to the market. If Fortescue Metals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fortescue Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fortescue Metals is generally in the same direction as the market. If Beta > 1 Fortescue Metals moves generally in the same direction as, but more than the movement of the benchmark.
Fortescue Metals December 15, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Fortescue Metals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fortescue Metals Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fortescue Metals Group based on widely used predictive technical indicators. In general, we focus on analyzing Fortescue OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fortescue Metals's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.0202 | |||
| Maximum Drawdown | 12.51 | |||
| Value At Risk | (3.65) | |||
| Potential Upside | 3.88 |
Additional Tools for Fortescue OTC Stock Analysis
When running Fortescue Metals' price analysis, check to measure Fortescue Metals' 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 Fortescue Metals is operating at the current time. Most of Fortescue Metals' value examination focuses on studying past and present price action to predict the probability of Fortescue Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortescue Metals' price. Additionally, you may evaluate how the addition of Fortescue Metals to your portfolios can decrease your overall portfolio volatility.