Fortive Corp Stock Price Prediction
| FTV Stock | USD 79.33 0.01 0.01% |
Oversold Vs Overbought
53
Oversold | Overbought |
Quarterly Earnings Growth 0.033 | EPS Estimate Next Quarter 1.13 | EPS Estimate Current Year 3.8492 | EPS Estimate Next Year 4.1594 | Wall Street Target Price 88.0083 |
Using Fortive Corp hype-based prediction, you can estimate the value of Fortive Corp from the perspective of Fortive Corp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Fortive Corp using Fortive Corp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Fortive using crowd psychology based on the activity and movement of Fortive Corp's stock price.
Fortive Corp Short Interest
An investor who is long Fortive Corp may also wish to track short interest. As short interest increases, investors should be becoming more worried about Fortive Corp and may potentially protect profits, hedge Fortive Corp with its derivative instruments, or be ready for some potential downside.
200 Day MA 76.774 | Short Percent 0.0095 | Short Ratio 0.96 | Shares Short Prior Month 3.5 M | 50 Day MA 76.1334 |
Fortive Corp Hype to Price Pattern
Investor biases related to Fortive Corp's public news can be used to forecast risks associated with an investment in Fortive. The trend in average sentiment can be used to explain how an investor holding Fortive can time the market purely based on public headlines and social activities around Fortive Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Fortive Corp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Fortive Corp.
Fortive Corp Implied Volatility | 0.66 |
Fortive Corp's implied volatility exposes the market's sentiment of Fortive Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fortive Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fortive Corp stock will not fluctuate a lot when Fortive Corp's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Fortive Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying Fortive because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Fortive Corp after-hype prediction price | USD 79.26 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Fortive contract
Based on the Rule 16, the options market is currently suggesting that Fortive Corp will have an average daily up or down price movement of about 0.0413% per day over the life of the 2024-12-20 option contract. With Fortive Corp trading at USD 79.33, that is roughly USD 0.0327 . If you think that the market is fully incorporating Fortive Corp's daily price movement you should consider acquiring Fortive Corp options at the current volatility level of 0.66%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Fortive |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fortive Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Fortive Corp After-Hype Price Prediction Density Analysis
As far as predicting the price of Fortive Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Fortive Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Fortive Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Fortive Corp Estimiated After-Hype Price Volatility
In the context of predicting Fortive Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Fortive Corp's historical news coverage. Fortive Corp's after-hype downside and upside margins for the prediction period are 77.93 and 80.59, respectively. We have considered Fortive Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Fortive Corp is very steady at this time. Analysis and calculation of next after-hype price of Fortive Corp is based on 3 months time horizon.
Fortive Corp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Fortive Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Fortive Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Fortive Corp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.15 | 1.33 | 0.07 | 0.17 | 11 Events / Month | 9 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
79.33 | 79.26 | 0.09 |
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Fortive Corp Hype Timeline
On the 30th of November Fortive Corp is traded for 79.33. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of 0.17. Fortive is anticipated to decline in value after the next headline, with the price expected to drop to 79.26. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.09%, whereas the daily expected return is currently at 0.15%. The volatility of related hype on Fortive Corp is about 116.41%, with the expected price after the next announcement by competition of 79.50. About 96.0% of the company shares are owned by institutional investors. The book value of Fortive Corp was currently reported as 30.43. The company has Price/Earnings To Growth (PEG) ratio of 1.3. Fortive Corp last dividend was issued on the 29th of November 2024. The entity had 1195:1000 split on the 9th of October 2020. Considering the 90-day investment horizon the next anticipated press release will be in about 11 days. Check out Fortive Corp Basic Forecasting Models to cross-verify your projections.Fortive Corp Related Hype Analysis
Having access to credible news sources related to Fortive Corp's direct competition is more important than ever and may enhance your ability to predict Fortive Corp's future price movements. Getting to know how Fortive Corp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Fortive Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| VPG | Vishay Precision Group | (0.66) | 11 per month | 0.00 | (0.17) | 3.24 | (3.47) | 11.08 | |
| ST | Sensata Technologies Holding | (0.17) | 8 per month | 0.00 | (0.17) | 3.30 | (3.01) | 10.22 | |
| BMI | Badger Meter | 4.36 | 11 per month | 1.80 | (0.01) | 2.59 | (2.39) | 10.23 | |
| TRMB | Trimble | (1.21) | 10 per month | 1.11 | 0.11 | 2.78 | (2.58) | 20.46 | |
| MKSI | MKS Instruments | (0.97) | 11 per month | 3.22 | (0.04) | 4.95 | (3.85) | 18.54 | |
| NOVT | Novanta | 7.80 | 10 per month | 0.00 | (0.10) | 2.84 | (2.60) | 14.41 | |
| MLAB | Mesa Laboratories | (1.71) | 9 per month | 0.00 | (0.08) | 3.47 | (5.50) | 23.18 | |
| ITRI | Itron Inc | (2.55) | 12 per month | 1.58 | 0.07 | 3.35 | (2.59) | 10.19 | |
| COHR | Coherent | 10.02 | 7 per month | 2.95 | 0.08 | 6.27 | (4.90) | 15.34 | |
| TDY | Teledyne Technologies Incorporated | 3.17 | 11 per month | 0.84 | 0.05 | 2.31 | (1.35) | 8.10 | |
| IIVI | II VI Incorporated | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ESE | ESCO Technologies | (4.37) | 7 per month | 1.10 | 0.13 | 3.07 | (1.64) | 11.48 |
Fortive Corp Additional Predictive Modules
Most predictive techniques to examine Fortive price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Fortive using various technical indicators. When you analyze Fortive charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Fortive Corp Predictive Indicators
The successful prediction of Fortive Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Fortive Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Fortive Corp based on analysis of Fortive Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Fortive Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Fortive Corp's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.004965 | 0.004345 | 0.00393 | 0.003733 | Price To Sales Ratio | 5.07 | 3.93 | 4.28 | 2.62 |
Story Coverage note for Fortive Corp
The number of cover stories for Fortive Corp depends on current market conditions and Fortive Corp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Fortive Corp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Fortive Corp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Fortive Corp Short Properties
Fortive Corp's future price predictability will typically decrease when Fortive Corp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Fortive Corp often depends not only on the future outlook of the potential Fortive Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Fortive Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 355.6 M | |
| Cash And Short Term Investments | 1.9 B |
Additional Tools for Fortive Stock Analysis
When running Fortive Corp's price analysis, check to measure Fortive Corp'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 Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.