Fortune Rise Acquisition Price History

FRLADelisted Stock  USD 11.12  0.01  0.09%   
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. As of today, the current price of Fortune Rise stands at 11.12, as last reported on the 2nd of December, with the highest price reaching 11.15 and the lowest price hitting 11.12 during the day. Fortune Rise Acquisition secures Sharpe Ratio (or Efficiency) of -0.0697, which denotes the company had a -0.0697% return per unit of risk over the last 3 months. Fortune Rise Acquisition exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fortune Rise's Variance of 0.172, standard deviation of 0.4147, and Mean Deviation of 0.1741 to check the risk estimate we provide.
  
Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0697

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Estimated Market Risk

 0.45
  actual daily
4
96% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fortune Rise is not performing at its full potential. However, 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 Rise by adding Fortune Rise to a well-diversified portfolio.

Fortune Rise Stock Price History Chart

There are several ways to analyze Fortune Stock price data. The simplest method is using a basic Fortune candlestick price chart, which shows Fortune Rise price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.

Fortune Stock Price History Data

The price series of Fortune Rise for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 0.33 with a coefficient of variation of 0.63. Under current investment horizon, the daily prices are spread out with arithmetic mean of 11.35. The median price for the last 90 days is 11.35.
OpenHighLowCloseVolume
12/02/2024
 11.13  11.15  11.12  11.12 
11/12/2024 11.13  11.15  11.12  11.12  2,272 
11/11/2024 11.11  11.11  11.11  11.11  238.00 
11/08/2024 11.44  11.44  11.44  11.44  1.00 
11/07/2024 11.44  11.44  11.44  11.44  1.00 
11/06/2024 11.44  11.44  11.44  11.44  1.00 
11/05/2024 11.44  11.44  11.44  11.44  1.00 
11/04/2024 11.44  11.44  11.44  11.44  372,083 
11/01/2024 11.44  11.44  11.44  11.44  560.00 
10/31/2024 11.35  11.35  11.35  11.35  1.00 
10/30/2024 11.35  11.35  11.35  11.35  1.00 
10/29/2024 11.35  11.35  11.35  11.35  1,196 
10/28/2024 11.44  11.44  11.44  11.44  1.00 
10/25/2024 11.44  11.44  11.44  11.44  1.00 
10/24/2024 11.44  11.44  11.44  11.44  1.00 
10/23/2024 11.44  11.44  11.44  11.44  101.00 
10/22/2024 11.38  11.38  11.38  11.38  1.00 
10/21/2024 11.38  11.38  11.38  11.38  1.00 
10/18/2024 11.44  11.44  11.38  11.38  1,946 
10/17/2024 11.38  11.38  11.38  11.38  200.00 
10/16/2024 11.40  11.41  11.36  11.39  22,289 
10/15/2024 11.41  11.41  11.40  11.40  6,213 
10/14/2024 11.41  11.42  11.40  11.40  51,303 
10/11/2024 11.39  11.41  11.39  11.41  1,100 
10/10/2024 11.41  11.41  11.41  11.41  1.00 
10/09/2024 11.41  11.41  11.39  11.41  6,147 
10/08/2024 11.42  11.42  11.38  11.40  42,511 
10/07/2024 11.37  11.42  11.37  11.42  386.00 
10/04/2024 11.38  11.38  11.38  11.38  147.00 
10/03/2024 11.38  11.38  11.38  11.38  147.00 
10/02/2024 11.38  11.38  11.38  11.38  2,130 
10/01/2024 11.39  11.39  11.39  11.39  409.00 
09/30/2024 11.38  11.38  11.38  11.38  1,160 
09/27/2024 11.39  11.39  11.39  11.39  271.00 
09/26/2024 11.39  11.39  11.37  11.38  9,306 
09/25/2024 11.38  11.38  11.38  11.38  139.00 
09/24/2024 11.37  11.38  11.37  11.38  411.00 
09/23/2024 11.38  11.39  11.38  11.38  1,365 
09/20/2024 11.38  11.38  11.35  11.35  641.00 
09/19/2024 11.34  11.40  11.34  11.35  25,480 
09/18/2024 11.33  11.34  11.32  11.34  34,071 
09/17/2024 11.34  11.34  11.33  11.33  1,552 
09/16/2024 11.33  11.34  11.33  11.33  37,920 
09/13/2024 11.32  11.33  11.31  11.31  2,498 
09/12/2024 11.30  11.32  11.28  11.29  189,862 
09/11/2024 11.30  11.30  11.30  11.30  577.00 
09/10/2024 11.33  11.33  11.33  11.33  2,075 
09/09/2024 11.87  11.87  11.30  11.32  4,805 
09/06/2024 11.30  11.33  11.30  11.33  76,031 
09/05/2024 11.28  11.32  11.28  11.32  67,885 
09/04/2024 11.31  11.32  11.28  11.28  2,208 
09/03/2024 11.31  11.31  11.31  11.31  5.00 
08/30/2024 11.30  11.31  11.30  11.31  804.00 
08/29/2024 11.27  11.27  11.27  11.27  330.00 
08/28/2024 11.27  11.27  11.27  11.27  234.00 
08/27/2024 11.29  11.29  11.29  11.29  7.00 
08/26/2024 11.29  11.30  11.29  11.29  1,834 
08/23/2024 11.25  11.27  11.24  11.27  378.00 
08/22/2024 11.30  11.30  11.30  11.30  72.00 
08/21/2024 11.27  11.30  11.25  11.30  4,755 
08/20/2024 11.27  11.27  11.27  11.27  475.00 

About Fortune Rise Stock history

Fortune Rise 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 Rise Acquisition 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 Rise stock prices may prove useful in developing a viable investing in Fortune Rise
Fortune Rise Acquisition Corporation does not have significant operations. The company was incorporated in 2021 and is based in Metuchen, New Jersey. Fortune Rise is traded on NASDAQ Exchange in the United States.

Fortune Rise Stock Technical Analysis

Fortune Rise 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, delisted stock market cycles, or different charting patterns.
A focus of Fortune Rise technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortune Rise trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Fortune Rise Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortune Rise's 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.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Other Consideration for investing in Fortune Stock

If you are still planning to invest in Fortune Rise Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Fortune Rise's history and understand the potential risks before investing.
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