Fortune Brands (UK) Price on August 29, 2024
| 0IRN Stock | 78.30 0.01 0.01% |
Below is the normalized historical share price chart for Fortune Brands Home extending back to January 30, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fortune Brands stands at 78.30, as last reported on the 1st of December, with the highest price reaching 79.29 and the lowest price hitting 77.93 during the day.
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. Currently, Fortune Brands Home is very steady. Fortune Brands Home secures Sharpe Ratio (or Efficiency) of 0.0128, which denotes the company had a 0.0128% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fortune Brands Home, which you can use to evaluate the volatility of the firm. Please confirm Fortune Brands' Coefficient Of Variation of 1719.75, mean deviation of 1.24, and Downside Deviation of 1.56 to check if the risk estimate we provide is consistent with the expected return of 0.0234%.
Other Stockholder Equity is likely to gain to about 45.2 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.9 B in 2024. . Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 69.1653 | 50 Day MA 78.7473 | Beta 1.576 |
Fortune |
Sharpe Ratio = 0.0128
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Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Fortune Brands is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fortune Brands by adding it to a well-diversified portfolio.
Book Value 19.287 | Enterprise Value 12.3 B | Price Sales 2.3224 | Shares Float 116.9 M | Shares Outstanding 141.4 M |
Fortune Brands Valuation on August 29, 2024
It is possible to determine the worth of Fortune Brands on a given historical date. On August 29, 2024 Fortune was worth 78.39 at the beginning of the trading date compared to the closed value of 78.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortune Brands stock. Still, in general, we apply an absolute valuation method to find Fortune Brands' 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 Fortune Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortune Brands' related companies.
| Open | High | Low | Close | Volume | |
| 78.41 | 78.41 | 78.41 | 78.41 | 135.00 | |
08/29/2024 | 78.39 | 78.57 | 78.12 | 78.12 | 82.00 |
| 79.59 | 79.59 | 78.25 | 78.25 | 87.00 |
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Fortune Brands Trading Date Momentum on August 29, 2024
| On August 30 2024 Fortune Brands Home was traded for 78.25 at the closing time. The highest price during the trading period was 79.59 and the lowest recorded bid was listed for 78.25 . The volume for the day was 87.0. This history from August 30, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 0.17% . The overall trading delta to the current price is 0.67% . |
Fortune Brands Home Fundamentals Correlations and Trends
By evaluating Fortune Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortune Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortune financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortune Brands Stock history
Fortune Brands 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 Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune Brands Home 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 Fortune Brands stock prices may prove useful in developing a viable investing in Fortune Brands
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 789.7 M | 606.2 M |
Fortune Brands Stock Technical Analysis
Fortune Brands 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.
Price Boundaries
Fortune Brands Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Fortune Brands Home cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Fortune Brands December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortune Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortune Brands shares will generate the highest return on investment. By undertsting and applying Fortune Brands stock market strength indicators, traders can identify Fortune Brands Home entry and exit signals to maximize returns
Fortune Brands Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortune Brands' price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune 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.
| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.0493 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2677 |
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Additional Tools for Fortune Stock Analysis
When running Fortune Brands' price analysis, check to measure Fortune Brands' 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 Fortune Brands is operating at the current time. Most of Fortune Brands' value examination focuses on studying past and present price action to predict the probability of Fortune Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortune Brands' price. Additionally, you may evaluate how the addition of Fortune Brands to your portfolios can decrease your overall portfolio volatility.