FTV Dropped 28% In A Month. Bigger Declines Have Followed Similar Moves.
- In Covid Pandemic, Fortive stock declined 47% vs 34% for S&P 500. During inflation shock, it dropped 32% compared to the S&P 500’s 25%.
- Following the 2018 Correction, the stock took 22 months to recover, compared to 4 months for the S&P 500. In the inflation shock, the stock took 14 months to recover, compared to 15 months for the S&P 500.
Fortive Stock Performance In Market Crashes:
| FTV | S&P 500 | |
|---|---|---|
| 2018 Correction | ||
| % Change from Pre-Recession Peak | -28% | -20% |
| # of Months for Full Recovery | 22 | 4 |
| Covid Pandemic | ||
| % Change from Pre-Recession Peak | -47% | -34% |
| # of Months for Full Recovery | 7 | 5 |
| Inflation Shock | ||
| % Change from Pre-Recession Peak | -32% | -25% |
| # of Months for Full Recovery | 14 | 15 |
Worried that FTV could fall much more? You could take a look at the Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
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