Fortinet (Brazil) Today
| F1TN34 Stock | BRL 164.64 0.76 0.46% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Fortinet is trading at 164.64 as of the 24th of April 2024, a 0.46 percent up since the beginning of the trading day. The stock's open price was 163.88. Fortinet has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Fortinet are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 2000 and is headquartered in Sunnyvale, California. FORTINET INCDRN operates under SoftwareInfrastructure classification in Brazil and is traded on Sao Paolo Stock Exchange. The company has 1.56 B outstanding shares. More on Fortinet
Moving together with Fortinet Stock
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Moving against Fortinet Stock
| 0.55 | SEQL3 | Sequoia Logstica e | PairCorr |
Follow Valuation Odds of Bankruptcy
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Fortinet Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fortinet's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fortinet or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman Founder | Ken Xie |
| Business Concentration | Software—Infrastructure, Technology (View all Sectors) |
Fortinet (F1TN34) is traded on Sao Paulo Exchange in Brazil and employs 10,195 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 248.55 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 operates under Technology sector and is part of Software—Infrastructure industry. The entity has 1.56 B outstanding shares.
Fortinet has accumulated about 2.94 B in cash with 1.5 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.98.
Check Fortinet Probability Of Bankruptcy
Fortinet Stock Price Odds Analysis
What are Fortinet's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Fortinet jumping above the current price in 90 days from now is about 73.13%. The Fortinet probability density function shows the probability of Fortinet stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Fortinet has a beta of 0.379. This usually indicates as returns on the market go up, Fortinet average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fortinet will be expected to be much smaller as well. Additionally, fortinet has an alpha of 0.1257, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fortinet to move above the current price in 90 days from now is about 73.13 (This Fortinet probability density function shows the probability of Fortinet Stock to fall within a particular range of prices over 90 days) .
Fortinet Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fortinet market risk premium is the additional return an investor will receive from holding Fortinet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fortinet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fortinet's alpha and beta are two of the key measurements used to evaluate Fortinet's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.66 | |||
| Semi Deviation | 2.11 | |||
| Standard Deviation | 2.3 | |||
| Variance | 5.29 |
Fortinet Stock Against Markets
Picking the right benchmark for Fortinet stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fortinet stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fortinet is critical whether you are bullish or bearish towards Fortinet at a given time. Please also check how Fortinet's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fortinet without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Fortinet Corporate Management
Elected by the shareholders, the Fortinet's board of directors comprises two types of representatives: Fortinet inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortinet. The board's role is to monitor Fortinet's management team and ensure that shareholders' interests are well served. Fortinet's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortinet's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Peter Salkowski | VP Relations | Profile | |
| Chris Perna | VP Acquisition | Profile | |
| Patrice Perche | Ex Officer | Profile | |
| John Whittle | Chief Devel | Profile |
How to buy Fortinet Stock?
Before investing in Fortinet, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fortinet. To buy Fortinet stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fortinet. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fortinet stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fortinet stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fortinet stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Fortinet, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.
Already Invested in Fortinet?
The danger of trading Fortinet is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fortinet is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fortinet. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fortinet is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fortinet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortinet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortinet Stock. Highlighted below are key reports to facilitate an investment decision about Fortinet Stock: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortinet. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Fortinet Stock refer to our How to Trade Fortinet Stock guide.Note that the Fortinet information on this page should be used as a complementary analysis to other Fortinet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Fortinet Stock analysis
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.
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