Fortinet (Germany) Analysis

Fortinet Stock Analysis Notes

About 19.0% of the company shares are held by company insiders. The company has Price/Earnings To Growth (PEG) ratio of 1.97. Fortinet had not issued any dividends in recent years. The entity had 5:1 split on the 23rd of June 2022. Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions worldwide. The company was founded in 2000 and is headquartered in Sunnyvale, California. FORTINET INC operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6015 people. To learn more about Fortinet call the company at 408 235 7700 or check out https://www.fortinet.com.

Fortinet Investment Alerts

Fortinet Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 43.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fortinet's market, we take the total number of its shares issued and multiply it by Fortinet's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Fortinet Profitablity

The company has Profit Margin (PM) of 0.19 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.22 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.22.

Technical Drivers

As of the 30th of November, Fortinet shows the Downside Deviation of 1.4, coefficient of variation of 490.98, and Mean Deviation of 1.36. Fortinet technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Fortinet information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Fortinet is priced favorably, providing market reflects its regular price of 89.91 per share.

Fortinet Price Movement Analysis

Fortinet Outstanding Bonds

Fortinet Predictive Daily Indicators

Fortinet Forecast Models

Fortinet's time-series forecasting models are one of many Fortinet's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Fortinet's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Fortinet prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Fortinet shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Fortinet. By using and applying Fortinet Stock analysis, traders can create a robust methodology for identifying Fortinet entry and exit points for their positions.

When running Fortinet's price analysis, check to measure Fortinet'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 Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.