The simplest way to benefit from a rising market is to buy an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. Unfortunately the Fortum Oyj (HEL:FORTUM) share price slid 16% over twelve months. That falls noticeably short of the market decline of around 1.0%. On the bright side, the stock is actually up 13% in the last three years. The share price has dropped 29% in three months. But this could be related to the weak market, which is down 17% in the same period.

Check out our latest analysis for Fortum Oyj

There is no denying that markets are sometimes efficient, but prices do not always reflect underlying business performance. One imperfect