Fortis Healthcare's market value is the price at which a share of Fortis Healthcare trades on a public exchange. It measures the collective expectations of Fortis Healthcare Limited investors about its performance. Fortis Healthcare is trading at 807.05 as of the 5th of July 2025, a 1.64 percent increase since the beginning of the trading day. The stock's open price was 794.05. With this module, you can estimate the performance of a buy and hold strategy of Fortis Healthcare Limited and determine expected loss or profit from investing in Fortis Healthcare over a given investment horizon. Check out Fortis Healthcare Correlation, Fortis Healthcare Volatility and Fortis Healthcare Alpha and Beta module to complement your research on Fortis Healthcare.
Please note, there is a significant difference between Fortis Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortis Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Fortis Healthcare 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fortis Healthcare's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fortis Healthcare.
0.00
04/06/2025
No Change 0.00
0.0
In 3 months and 1 day
07/05/2025
0.00
If you would invest 0.00 in Fortis Healthcare on April 6, 2025 and sell it all today you would earn a total of 0.00 from holding Fortis Healthcare Limited or generate 0.0% return on investment in Fortis Healthcare over 90 days. Fortis Healthcare is related to or competes with Generic Engineering, Pritish Nandy, Total Transport, Shivalik Bimetal, Hindustan Copper, and Twamev Construction. Fortis Healthcare is entity of India. It is traded as Stock on NSE exchange. More
Fortis Healthcare Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fortis Healthcare's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fortis Healthcare Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fortis Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fortis Healthcare's standard deviation. In reality, there are many statistical measures that can use Fortis Healthcare historical prices to predict the future Fortis Healthcare's volatility.
Fortis Healthcare appears to be very steady, given 3 months investment horizon. Fortis Healthcare secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Fortis Healthcare Limited, which you can use to evaluate the volatility of the firm. Please utilize Fortis Healthcare's Downside Deviation of 1.59, coefficient of variation of 802.81, and Mean Deviation of 1.5 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fortis Healthcare holds a performance score of 17. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, Fortis Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fortis Healthcare is expected to be smaller as well. Please check Fortis Healthcare's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether Fortis Healthcare's price patterns will revert.
Auto-correlation
0.73
Good predictability
Fortis Healthcare Limited has good predictability. Overlapping area represents the amount of predictability between Fortis Healthcare time series from 6th of April 2025 to 21st of May 2025 and 21st of May 2025 to 5th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fortis Healthcare price movement. The serial correlation of 0.73 indicates that around 73.0% of current Fortis Healthcare price fluctuation can be explain by its past prices.
Correlation Coefficient
0.73
Spearman Rank Test
0.69
Residual Average
0.0
Price Variance
866.35
Fortis Healthcare lagged returns against current returns
Autocorrelation, which is Fortis Healthcare stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fortis Healthcare's stock expected returns. We can calculate the autocorrelation of Fortis Healthcare returns to help us make a trade decision. For example, suppose you find that Fortis Healthcare has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Fortis Healthcare regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fortis Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fortis Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fortis Healthcare stock over time.
Current vs Lagged Prices
Timeline
Fortis Healthcare Lagged Returns
When evaluating Fortis Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fortis Healthcare stock have on its future price. Fortis Healthcare autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fortis Healthcare autocorrelation shows the relationship between Fortis Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Fortis Healthcare Limited.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Fortis Healthcare financial ratios help investors to determine whether Fortis Stock 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 Fortis with respect to the benefits of owning Fortis Healthcare security.