Forsys Competitors

Pink Sheets . USA . 
Stock . Forsys Metals Corp
FOSYF Stock  USD 0.49  0.01  2.08%   
Forsys Metals Corp competes with Seadrill, Noble Plc, Borr Drilling, SCOR PK, and HUMANA; as well as few others. The company classifies itself under Oil, Gas & Consumable Fuels sector and is part of Energy industry. Analyzing Forsys Metals competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Forsys Metals to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Forsys Metals Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Forsys Metals competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forsys Metals' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.020.496.13
Details
Intrinsic
Valuation
LowRealHigh
0.020.406.04
Details
Naive
Forecast
LowNextHigh
0.010.476.11
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.410.470.53
Details

Forsys Metals Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Forsys Metals and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Forsys and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Forsys Metals Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
ID
+ 0.74
SCRYY
NE
+ 0.61
SDRL
444859BR2
+ 0.59
BORR
BORR
+ 0.58
NE
ID
+ 0.42
MSTSX
ABHYX
+ 0.37
NE
  
High negative correlations   
ID
- 0.76
BORR
SCRYY
- 0.6
BORR
444859BR2
- 0.59
SCRYY
ID
- 0.55
444859BR2
MSTSX
- 0.5
444859BR2
MSTSX
- 0.44
BRRAY

Risk-Adjusted Indicators

There is a big difference between Forsys Pink Sheet performing well and Forsys Metals Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Forsys Metals' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
SDRL  1.94 (0.18) 0.00 (0.05) 0.00 
 0.00 
 3.83 
(3.21)
 13.44 
NE  1.84 (0.34) 0.00 (0.08) 0.00 
 0.00 
 3.36 
(3.50)
 14.34 
BORR  2.46 (0.87) 0.00 (0.48) 0.00 
 0.00 
 4.02 
(5.93)
 12.96 
SCRYY  2.06  0.26  0.07  1.64  2.00 
(2.90)
 5.61 
(4.09)
 12.99 
444859BR2  1.36 (0.01) 0.00  0.16  0.00 
 0.00 
 5.93 
(5.79)
 16.62 
AQUI  0.00  0.00  0.00  0.00  0.00 
 0.00 
 0.00 
 0.00 
 0.00 
BRRAY  1.27 (0.11) 0.00  0.01  0.00 
 0.00 
 0.00 
(2.98)
 34.02 
MSTSX  0.49 (0.03)(0.13) 0.07  0.50 
(0.61)
 1.21 
(1.02)
 2.80 
ABHYX  0.18  0.03 (0.23)(0.15) 0.24 
(0.24)
 0.34 
(0.33)
 1.91 
ID  3.84  0.90  0.16  1.45  3.99 
(5.08)
 7.89 
(6.67)
 20.54 
All Fundamental Data

Forsys Metals Competitive Analysis

The better you understand Forsys Metals competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Forsys Metals' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Forsys Metals' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
FOSYF SDRL NE BORR SCRYY 444859BR2 AQUI BRRAY MSTSX ABHYX
 2.08 
 0.49 
Forsys
 1.02 
 40.64 
Seadrill
 0.12 
 33.47 
Noble
 0.81 
 3.72 
Borr
 0.40 
 2.48 
SCOR
 1.95 
 80.35 
HUMANA
 0.00 
 0.01 
Aquagold
 0.00 
 4.23 
Barloworld
 0.25 
 11.90 
Morningstar
 0.22 
 9.03 
High-yield
Market Volatility
(90 Days Market Risk)
Out of control
Very steady
Very steady
Slightly risky
Risky
Very steady
Very steady
Relatively risky
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
Very Weak
Very Weak
Very Weak
OK
Very Weak
Very Weak
Very Weak
OK
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Average
Very Small
Very Low
Very Small
Below Average
Below Average
Average
Low
Low
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Under Valued
Over Valued
Over Valued
Over Valued
Under Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Buy
Strong Buy
Strong Buy
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Strong Hold
Hold
Hold
Strong Buy
Strong Buy
Strong Hold
Current Ratio
295.99
2.51
1.94
0.32
9.99
N/A
N/A
1.49
N/A
N/A
Net Asset
24.86 M
4.22 B
5.51 B
3.08 B
51.52 B
N/A
3.19 K
54.41 B
116.1 M
672.37 M
EBITDA
(3.86 M)
494 M
872.73 M
361.24 M
1.23 B
N/A
(727.69 K)
2.77 B
N/A
N/A
Operating Margin
N/A
0.15
0.24
0.35
-0.0092
N/A
N/A
0.1
N/A
N/A
Five Year Return
N/A
N/A
5.21
N/A
4.83
N/A
N/A
3.98
8.72
1.83
One Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
20.75
10.82
Beta
1.02
1.58
1.0
2.5
1.25
N/A
7.05
0.63
N/A
N/A
Number Of Employees
4
2.5 K
3.6 K
1.88 K
3.59 K
N/A
7
36
1
1
Three Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
7.94
-0.39
Cash Flow From Operations
(1.35 M)
287 M
574.34 M
(50.7 M)
2.41 B
N/A
(218.19 K)
1.89 B
N/A
N/A
Total Debt
N/A
608 M
611.87 M
1.7 B
3.05 B
N/A
N/A
8.64 B
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
22.72
2.0
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
269.0
N/A
Return On Asset
-0.0384
0.0404
0.0596
0.0691
-0.002
N/A
-5.5
0.047
N/A
N/A
Current Liabilities
N/A
3.47 B
863.58 M
206.7 M
N/A
N/A
794 K
13.9 B
N/A
N/A
Debt To Equity
0.01
0.68
0.14
2.11
0.43
N/A
N/A
0.68
N/A
N/A
Short Ratio
N/A
3.96
4.87
4.74
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
24.19
84.82
78.87
73.84
N/A
N/A
N/A
N/A
N/A
N/A
Market Capitalization
71.12 M
2.63 B
5.37 B
1.01 B
4.35 B
N/A
96.58 K
955.54 M
50.36 M
N/A
Price To Earning
51.0
0.98
29.72
-3.16
12.21
N/A
-0.22
9.18
N/A
N/A
Price To Sales
N/A
1.8
2.03
0.96
0.2
N/A
N/A
0.0285
N/A
N/A
Net Income
(3.86 M)
300 M
481.9 M
22.1 M
456 M
N/A
(627.79 K)
2.04 B
N/A
N/A
Shares Owned By Insiders
37.5
N/A
20.63
7.3
N/A
N/A
N/A
N/A
N/A
N/A
Revenue
N/A
1.47 B
2.59 B
771.6 M
16.03 B
N/A
N/A
39.38 B
N/A
N/A
Year To Date Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
14.75
7.0
Working Capital
N/A
769 M
420.07 M
49.5 M
N/A
N/A
(794 K)
11.95 B
N/A
N/A
Profit Margin
N/A
0.29
0.19
0.087
-0.0209
N/A
N/A
0.0519
N/A
N/A
Current Valuation
59.81 M
2.67 B
6.96 B
2.76 B
4.75 B
N/A
912.76 K
1.11 B
N/A
N/A
Price To Book
3.66
0.9
1.15
0.94
0.67
N/A
N/A
0.99
N/A
N/A
Retained Earnings
N/A
501 M
541.16 M
(1.36 B)
(645.5 M)
N/A
(4.18 M)
13.37 B
N/A
N/A
Current Asset
N/A
2.94 B
1.24 B
283.67 M
N/A
N/A
N/A
25.84 B
N/A
N/A
Cash Position Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
14.28
0.1
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
61.63
N/A
Shares Outstanding
195.17 M
64.66 M
160.37 M
248.71 M
1.78 B
N/A
965.83 K
185.7 M
N/A
N/A
Annual Yield
N/A
N/A
0.0598
0.0667
0.0789
N/A
N/A
0.0543
0.021
0.0041
Return On Equity
0.21
0.14
0.12
0.0883
-0.0574
N/A
N/A
0.0588
N/A
N/A
Z Score
N/A
N/A
N/A
N/A
0.6
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
0.14
44.61
29.22
3.93
3.04
N/A
-1.18
99.76
N/A
N/A
Number Of Shares Shorted
N/A
4.82 M
11.51 M
12.44 M
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
24.86 M
4.22 B
5.51 B
3.08 B
51.52 B
N/A
3.19 K
54.41 B
215.11 M
243.16 M
Target Price
N/A
54.78
45.4
7.03
N/A
N/A
N/A
7.68
N/A
N/A
Last Dividend Paid
N/A
N/A
1.7
0.05
N/A
N/A
N/A
4.6
N/A
0.03
Price To Earnings To Growth
N/A
-0.04
0.01
N/A
0.28
N/A
N/A
N/A
N/A
N/A
Earnings Per Share
0.03
5.78
3.4
0.34
0.25
N/A
-0.63
0.35
N/A
N/A
Ten Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.84
Cash And Equivalents
17.9 M
336 M
194.14 M
279 M
3.52 B
N/A
1.15 K
5.11 B
N/A
N/A
Cash Per Share
0.09
6.72
2.39
1.22
1.97
N/A
N/A
25.52
N/A
N/A
Gross Profit
N/A
277 M
435.75 M
178.9 M
(853 M)
N/A
(143.88 K)
5.12 B
N/A
N/A
Day Typical Price
0.49
40.61
33.41
3.74
2.43
80.35
0.006
4.23
11.9
9.03
Accumulation Distribution
N/A
0.0156
0.0134
0.0289
0.0949
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
N/A
0.64
0.45
0.11
0.24
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
9.2 T
0.6406
0.0889
0.2727
(0.04)
(9,223,372,036,855)
0.0
0.0
9.2 T
9.2 T
Period Momentum Indicator
0.01
0.41
0.04
0.03
(0.01)
(1.60)
N/A
N/A
0.03
0.02
Rate Of Daily Change
1.02
1.01
1.0
1.01
1.0
0.98
1.0
1.0
1.0
1.0
Day Median Price
0.49
40.6
33.38
3.75
2.41
80.35
0.006
4.23
11.9
9.03
Price Action Indicator
0.005
0.25
0.11
(0.01)
0.065
(0.80)
N/A
N/A
0.015
0.01
Coefficient Of Variation
1468.34
(5,890)
(2,056)
(448.93)
976.91
(5,752)
N/A
25169.77
1146.07
1056.97
Mean Deviation
4.33
1.94
1.84
2.46
2.06
1.36
N/A
1.27
0.4864
0.1771
Jensen Alpha
0.2398
(0.18)
(0.34)
(0.87)
0.2597
(0.01)
N/A
(0.11)
(0.03)
0.0327
Total Risk Alpha
(0.63)
(0.48)
(0.55)
(1.20)
(0.19)
(0.49)
N/A
(0.69)
(0.06)
(0.03)
Sortino Ratio
0.0421
N/A
N/A
N/A
0.0651
N/A
N/A
N/A
(0.13)
(0.23)
Downside Variance
48.08
N/A
N/A
N/A
5.6
N/A
N/A
N/A
0.4253
0.2328
Standard Deviation
6.31
2.58
2.53
3.04
2.85
2.62
N/A
4.2
0.6315
0.2908
Kurtosis
2.94
2.5
5.22
(0.45)
1.77
5.47
N/A
11.15
0.0249
8.34
Potential Upside
10.26
3.83
3.36
4.02
5.61
5.93
N/A
N/A
1.21
0.3382
Treynor Ratio
0.2979
(0.05)
(0.08)
(0.48)
1.64
0.1582
N/A
0.0074
0.0738
(0.15)
Maximum Drawdown
28.05
13.44
14.34
12.96
12.99
16.62
N/A
34.02
2.8
1.91
Variance
39.76
6.64
6.39
9.26
8.12
6.89
N/A
17.65
0.3988
0.0845
Market Risk Adjusted Performance
0.3079
(0.04)
(0.07)
(0.47)
1.65
0.1682
N/A
0.0174
0.0838
(0.14)
Risk Adjusted Performance
0.0608
(0.01)
(0.03)
(0.16)
0.0856
(0.01)
N/A
0.0112
0.0646
0.056
Skewness
0.1751
1.02
1.23
(0.26)
0.8499
0.8851
N/A
0.4951
0.0472
(1.75)
Semi Deviation
4.97
N/A
N/A
N/A
2.0
N/A
N/A
N/A
0.5005
0.2446
Information Ratio
0.0463
(0.07)
(0.10)
(0.27)
0.0541
(0.07)
N/A
(0.03)
(0.13)
(0.38)
Value At Risk
(7.84)
(3.21)
(3.50)
(5.93)
(4.09)
(5.79)
N/A
(2.98)
(1.02)
(0.33)
Expected Short fall
(6.64)
N/A
N/A
N/A
(2.90)
N/A
N/A
N/A
(0.61)
(0.24)
Downside Deviation
6.93
N/A
N/A
N/A
2.37
N/A
N/A
N/A
0.6522
0.4825
Semi Variance
24.75
N/A
N/A
N/A
4.01
N/A
N/A
N/A
0.2505
0.0598

Forsys Metals Competition Performance Charts

Five steps to successful analysis of Forsys Metals Competition

Forsys Metals' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Forsys Metals Corp in relation to its competition. Forsys Metals' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Forsys Metals in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Forsys Metals' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Forsys Metals Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Forsys Metals position

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Financials
Financials Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Financials Theme or any other thematic opportunities.
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Other Information on Investing in Forsys Pink Sheet

Forsys Metals financial ratios help investors to determine whether Forsys Pink Sheet 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 Forsys with respect to the benefits of owning Forsys Metals security.
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