Fortran Corp Stock Price on December 21, 2024
| FRTN Stock | USD 0.02 0.01 46.47% |
If you're considering investing in Fortran Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Fortran Corp stands at 0.02, as last reported on the 21st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Fortran Corp is out of control given 3 months investment horizon. Fortran Corp secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.78% are justified by taking the suggested risk. Use Fortran Corp Mean Deviation of 16.66, coefficient of variation of 600.54, and Downside Deviation of 43.32 to evaluate company specific risk that cannot be diversified away.
Fortran Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Fortran |
Sharpe Ratio = 0.1582
| Best Portfolio | Best Equity | FRTN | ||
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Estimated Market Risk
| 30.24 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.78 actual daily | 95 95% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Fortran Corp is performing at about 12% 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 Fortran Corp by adding it to a well-diversified portfolio.
Fortran Corp Valuation on December 21, 2024
It is possible to determine the worth of Fortran Corp on a given historical date. On December 21, 2024 Fortran was worth 0.0249 at the beginning of the trading date compared to the closed value of 0.0249. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortran Corp pink sheet. Still, in general, we apply an absolute valuation method to find Fortran Corp's 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 Fortran Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortran Corp's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 10.00 | |
12/21/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
| Backtest Fortran Corp | | | Fortran Corp History | | | Fortran Corp Valuation | Previous |
Fortran Corp Trading Date Momentum on December 21, 2024
| On December 21 2024 Fortran Corp was traded for 0.02 at the closing time. The top price for the day was 0.02 and the lowest listed price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on December 21, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.00% . |
Fortran Corp Fundamentals Correlations and Trends
By evaluating Fortran Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortran Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortran financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fortran Corp Pink Sheet history
Fortran Corp 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 Fortran is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortran Corp 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 Fortran Corp stock prices may prove useful in developing a viable investing in Fortran Corp
Fortran Corporation, through its subsidiaries, offers communication system integration services to media and communication sectors. Fortran Corporation was founded in 1948 and is based in Hickory, North Carolina. Fortran Corp operates under Telecom Services classification in the United States and is traded on OTC Exchange.
Fortran Corp Pink Sheet Technical Analysis
Fortran Corp technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Fortran Corp Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
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Fortran Corp December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Fortran Corp pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortran Corp shares will generate the highest return on investment. By undertsting and applying Fortran Corp pink sheet market strength indicators, traders can identify Fortran Corp entry and exit signals to maximize returns
Fortran Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fortran Corp's price direction in advance. Along with the technical and fundamental analysis of Fortran Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortran 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 | 0.1417 | |||
| Jensen Alpha | 4.73 | |||
| Total Risk Alpha | 4.12 | |||
| Sortino Ratio | 0.114 | |||
| Treynor Ratio | 0.4845 |
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Other Information on Investing in Fortran Pink Sheet
Fortran Corp financial ratios help investors to determine whether Fortran Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortran with respect to the benefits of owning Fortran Corp security.