Fortive (Germany) Volatility
| F03 Stock | EUR 47.56 0.18 0.38% |
Fortive remains associated with moderate price volatility over the last 3 months. The current Sharpe ratio for Fortive is 0.0261, demonstrating favorable reward-to-risk behavior over the last 3 months. Current risk dynamics are supported by 30 technical indicators.
Sharpe Ratio = 0.0261
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| Cash | Small Risk | F03 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
For Fortive, recent data highlights a Market Risk Adjusted Performance of 0.1%, a Risk of 2.83, and a Risk Adjusted Performance of 0.02%. Monthly averages suggest Fortive is positioned around 2% of its historical performance band. Correlation characteristics influence diversification outcomes.
Key indicators related to Fortive's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
For options traders, Fortive's implied volatility surface provides a forward-looking estimate of future price dispersion. When implied volatility for Fortive is significantly above realized volatility, options premiums may be elevated relative to historical norms.
Fortive |
Volatility Strategy
Fortive return movement contributes differently across allocation frameworks. Current statistical measures show total volatility near 2.83% with a beta coefficient of 0.36, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of 0.0261, evaluates return per unit of total risk. An alpha value of 0.0856 reflects performance relative to systematic market exposure. Expected return estimates near 0.0739% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Equity volatility may reflect changes in growth expectations.
Main indicators related to Fortive's market risk premium analysis include:
Beta 0.36 | Alpha 0.0856 | Risk 2.83 | Sharpe Ratio 0.0261 | Expected Return 0.0739 |
Sensitivity To Market
Fortive market-relative volatility is reflected in its beta of 0.36. This value results from regression analysis against benchmark returns. Total dispersion currently approximates 2.83%.Fortive has shown return movement that ranges from typical to sharp depending on market conditions. Current dispersion statistics include standard deviation near 2.72%. Equity volatility often increases when trading volume rises and spreads widen in fast markets.
3 Months Beta |Analyze Fortive Demand TrendCheck current 90 days Fortive correlation with market (Dow Jones Industrial)Downside Risk
The standard deviation of Fortive prices measures volatility as the average daily spread from the mean over your selected horizon. High standard deviation implies high volatility; low standard deviation implies price stability.
Standard Deviation | 2.83 |
For a complete risk picture of Fortive, investors should examine both standard deviation (upside risk proxy) and downside deviation or semi-deviation of Fortive's returns (downside risk proxy). For Fortive, recent data highlights a Downside Deviation of 2.02, a Downside Variance of 4.08, and a Maximum Drawdown of 21.90.
Stock Volatility Analysis
Understanding Fortive volatility allows investors to better quantify the risk of holding Fortive's stock. Volatility metrics help portfolio managers set stop-losses and size positions appropriately for Fortive.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Fortive Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Assuming a 90-day horizon Fortive has a beta of 0.3623 . This usually indicates as returns on the market go up, Fortive's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding Fortive is expected to be smaller as well.Both systematic and unsystematic risks influence Fortive. Market-wide movements drive the former, while company or sector-specific developments drive the latter. Beta estimates market responsiveness. For Fortive, recent data highlights a Downside Deviation of 2.02, a Mean Deviation of 1.59, and a Semi Deviation of 1.95.
Predicted Return Density |
| Returns |
What Drives Fortive's Price Volatility?
Several factors can influence Fortive's market volatility:Industry Dynamics
Sector-level events can directly affect Fortive's price stability. Regulatory changes, supply disruptions, or shifts in demand within Fortive's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like Fortive.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for Fortive's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward Fortive. During periods of economic expansion, Fortive's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.Fortive's Company-Specific Factors
Volatility can also stem from events unique to Fortive. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in Fortive's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on Fortive's share price.Stock Risk Measures
Assuming a 90-day horizon the coefficient of variation of Fortive is 3825.65. The daily returns are distributed with a variance of 7.99 and standard deviation of 2.83. The mean deviation of Fortive is currently at 1.67. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.8
α | Alpha over Dow Jones | 0.09 | |
β | Beta against Dow Jones | 0.36 | |
σ | Overall volatility | 2.83 | |
Ir | Information ratio | 0.05 |
Stock Return Volatility
Fortive historical daily return volatility represents how much of Fortive stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company reported 2.8265% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial has volatility of 0.8181% on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Fortive Stock performing well and Fortive Company doing well as a business compared to the competition. Without reviewing risk-adjusted indicators, investors may overweight recent returns and underweight the volatility required to achieve them. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GUG | 1.38 | 0.03 | 0.07 | -0.32 | 1.52 | 2.86 | 8.12 | |||
| 14D | 2.25 | -0.38 | 0.00 | 0.20 | 0.00 | 5.21 | 33.12 | |||
| 1G3 | 1.28 | 0.06 | 0.11 | -0.26 | 1.61 | 3.20 | 9.38 | |||
| C3W | 2.04 | -0.13 | 0.00 | -0.45 | 0.00 | 6.06 | 12.90 | |||
| RNT | 2.11 | 0.10 | 0.05 | 0.15 | 2.73 | 5.19 | 17.55 | |||
| DVY | 1.93 | 0.29 | 0.13 | 0.71 | 2.25 | 3.82 | 10.84 | |||
| BEW | 1.77 | 0.17 | 0.09 | 0.71 | 2.66 | 4.09 | 17.77 |
Risk Metrics, Assumptions & Methodology
Volatility for Fortive measures return dispersion and uncertainty over time. Volatility contraction can precede expansion under certain regimes. Fortive has a market cap of 15.29 B, P/E of 8.57, ROE of 6.4%.
For Fortive, this section uses periodic company reporting and market reference feeds with Macroaxis normalization rules applied to keep cross-asset comparisons consistent. Intraday timing differences may exist. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardFortive Investment Opportunity
Recent data suggests that Fortive is meaningfully more volatile than Dow Jones Industrial, by roughly a 3.45x factor. Across the current 90-day horizon, that places the security below 25% of the broader equity and portfolio universe on a pure volatility basis.You can use Fortive to enhance the returns of your portfolios. This price-change note interprets the latest move in the context of short-horizon trading behavior. It works best as a directional cue rather than as a standalone forecast. a normal upward fluctuation. Check odds of Fortive to be traded at €49.94 in 90 days.Significant diversification
Across the chosen horizon, F03 and DJI show a correlation of 0.08 and fall into the Significant diversification bucket. Used correctly, the chart supports evaluation of whether adding the second position genuinely diversifies the first.
Fortive Additional Risk Indicators
Looking at additional risk metrics for Fortive frames how the position may behave under different market and portfolio conditions. This is most useful when investors want to understand whether the current opportunity is being paid for with reasonable risk.
| Risk Adjusted Performance | 0.0247 | |||
| Market Risk Adjusted Performance | 0.148 | |||
| Mean Deviation | 1.59 | |||
| Semi Deviation | 1.95 | |||
| Downside Deviation | 2.02 | |||
| Coefficient Of Variation | 4535.79 | |||
| Standard Deviation | 2.72 |
Fortive Suggested Diversification Pairs
Using Fortive in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Fortive as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Fortive's systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Fortive's unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Fortive.
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