Forte Biosciences Stock Buy Hold or Sell Recommendation

FBRX Stock  USD 5.80  0.20  3.33%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Forte Biosciences is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Forte Biosciences given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Forte Biosciences, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Forte Biosciences Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Forte Stock please use our How to Invest in Forte Biosciences guide.
In addition, we conduct extensive research on individual companies such as Forte and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Forte Biosciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Execute Forte Biosciences Buy or Sell Advice

The Forte recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Forte Biosciences. Macroaxis does not own or have any residual interests in Forte Biosciences or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Forte Biosciences' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Forte BiosciencesBuy Forte Biosciences
Cautious Hold

Market Performance

Very WeakDetails

Volatility

RiskyDetails

Hype Condition

Over hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Above AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Forte Biosciences has a Mean Deviation of 5.11, Standard Deviation of 6.44 and Variance of 41.51
We provide trade advice to complement the prevailing expert consensus on Forte Biosciences. Our dynamic recommendation engine uses a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Forte Biosciences is not overpriced, please confirm all Forte Biosciences fundamentals, including its current ratio, as well as the relationship between the number of employees and net asset . Given that Forte Biosciences has a number of shares shorted of 28.28 K, we urge you to verify Forte Biosciences market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Forte Biosciences Trading Alerts and Improvement Suggestions

Forte Biosciences generated a negative expected return over the last 90 days
Forte Biosciences has high historical volatility and very poor performance
Forte Biosciences has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (31.48 M) with profit before overhead, payroll, taxes, and interest of 0.
Forte Biosciences currently holds about 38.55 M in cash with (28.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89.
Forte Biosciences has a frail financial position based on the latest SEC disclosures
Over 80.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Forte Biosciences, Inc. Sees Large Drop in Short Interest - Defense World

Forte Biosciences Returns Distribution Density

The distribution of Forte Biosciences' historical returns is an attempt to chart the uncertainty of Forte Biosciences' future price movements. The chart of the probability distribution of Forte Biosciences daily returns describes the distribution of returns around its average expected value. We use Forte Biosciences price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Forte Biosciences returns is essential to provide solid investment advice for Forte Biosciences.
Mean Return
-2.15
Value At Risk
-12.11
Potential Upside
8.94
Standard Deviation
6.44
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Forte Biosciences historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Forte Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument, such as Forte Biosciences, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Forte Biosciences back and forth among themselves.
Shares
Longwood Capital Partners Llc2024-12-31
18.1 K
Geode Capital Management, Llc2024-12-31
16.9 K
Blackrock Inc2024-12-31
6.8 K
Royal Bank Of Canada2024-12-31
3.8 K
Jpmorgan Chase & Co2024-12-31
2.1 K
Morgan Stanley - Brokerage Accounts2024-12-31
151
Group One Trading, Lp2024-12-31
104
Tower Research Capital Llc2024-12-31
100.0
Comerica Bank2024-12-31
56.0
Fred Alger Management, Llc2024-12-31
1.1 M
Tybourne Capital Management (hk) Ltd2024-12-31
620 K
Note, although Forte Biosciences' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Forte Biosciences Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash51.8M(16.7M)(944K)(4.0M)(3.6M)(3.4M)
Free Cash Flow(18.4M)(16.7M)(8.2M)(28.8M)(33.1M)(34.8M)
Depreciation54K36K0.09K8.1K7.7K
Other Non Cash Items30.9M61K3.8M(131K)(150.7K)(143.1K)
Capital Expenditures161.6K0.061K88K79.2K75.2K
Net Income(46.5M)(21.7M)(13.9M)(31.5M)(36.2M)(38.0M)
End Period Cash Flow58.8M42.0M41.1M37.1M42.7M33.3M

Forte Biosciences Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Forte Biosciences or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Forte Biosciences' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Forte stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-2.08
β
Beta against Dow Jones0.74
σ
Overall volatility
6.24
Ir
Information ratio -0.32

Forte Biosciences Volatility Alert

Forte Biosciences is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Forte Biosciences' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Forte Biosciences' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Forte Biosciences Fundamentals Vs Peers

Comparing Forte Biosciences' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Forte Biosciences' direct or indirect competition across all of the common fundamentals between Forte Biosciences and the related equities. This way, we can detect undervalued stocks with similar characteristics as Forte Biosciences or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Forte Biosciences' fundamental indicators could also be used in its relative valuation, which is a method of valuing Forte Biosciences by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Forte Biosciences to competition
FundamentalsForte BiosciencesPeer Average
Return On Equity-1.37-0.31
Return On Asset-0.68-0.14
Current Valuation20.72 M16.62 B
Shares Outstanding6.39 M571.82 M
Shares Owned By Insiders9.71 %10.09 %
Shares Owned By Institutions80.06 %39.21 %
Number Of Shares Shorted28.28 K4.71 M
Price To Book3.96 X9.51 X
EBITDA(32.48 M)3.9 B
Net Income(31.48 M)570.98 M
Cash And Equivalents38.55 M2.7 B
Cash Per Share1.89 X5.01 X
Total Debt3.67 M5.32 B
Current Ratio25.67 X2.16 X
Book Value Per Share6.42 X1.93 K
Cash Flow From Operations(28.71 M)971.22 M
Short Ratio0.48 X4.00 X
Earnings Per Share(16.38) X3.12 X
Target Price107.0
Number Of Employees1118.84 K
Beta2.88-0.15
Market Capitalization37.08 M19.03 B
Total Asset38.98 M29.47 B
Retained Earnings(118.52 M)9.33 B
Working Capital34.66 M1.48 B
Net Asset38.98 M
Note: Acquisition by Chen Hubert C of 7500 shares of Forte Biosciences subject to Rule 16b-3 [view details]

Forte Biosciences Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Forte . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Forte Biosciences Buy or Sell Advice

When is the right time to buy or sell Forte Biosciences? Buying financial instruments such as Forte Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Entertainment Theme
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Additional Tools for Forte Stock Analysis

When running Forte Biosciences' price analysis, check to measure Forte Biosciences' 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 Forte Biosciences is operating at the current time. Most of Forte Biosciences' value examination focuses on studying past and present price action to predict the probability of Forte Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forte Biosciences' price. Additionally, you may evaluate how the addition of Forte Biosciences to your portfolios can decrease your overall portfolio volatility.