Forum Energy Technologies Stock Price on October 29, 2024
FET Stock | USD 15.05 0.06 0.40% |
Below is the normalized historical share price chart for Forum Energy Technologies extending back to April 12, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Forum Energy stands at 15.05, as last reported on the 27th of December, with the highest price reaching 15.12 and the lowest price hitting 14.75 during the day.
If you're considering investing in Forum Stock, it is important to understand the factors that can impact its price. Forum Energy Technologies secures Sharpe Ratio (or Efficiency) of -0.0046, which denotes the company had a -0.0046% return per unit of risk over the last 3 months. Forum Energy Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forum Energy's Standard Deviation of 2.54, mean deviation of 1.79, and Variance of 6.47 to check the risk estimate we provide.
At this time, Forum Energy's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.2 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 935.1 M in 2024. . Price To Free Cash Flows Ratio is likely to gain to 994.64 in 2024, whereas Price To Sales Ratio is likely to drop 0.29 in 2024. Forum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of April 2012 | 200 Day MA 16.8518 | 50 Day MA 14.9452 | Beta 2.47 |
Forum |
Sharpe Ratio = -0.0046
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Estimated Market Risk
2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forum Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Forum Energy by adding Forum Energy to a well-diversified portfolio.
Price Book 0.4152 | Enterprise Value Ebitda 9.396 | Price Sales 0.2309 | Shares Float 10 M | Wall Street Target Price 30 |
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Forum Energy Valuation on October 29, 2024
It is possible to determine the worth of Forum Energy on a given historical date. On October 29, 2024 Forum was worth 14.31 at the beginning of the trading date compared to the closed value of 14.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forum Energy stock. Still, in general, we apply an absolute valuation method to find Forum Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Forum Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forum Energy's related companies.
Open | High | Low | Close | Volume | |
14.21 | 14.46 | 14.21 | 14.32 | 15,269 | |
10/29/2024 | 14.31 | 14.33 | 13.93 | 14.00 | 71,443 |
14.13 | 14.20 | 13.95 | 14.02 | 26,639 |
Backtest Forum Energy | | | Forum Energy History | | | Forum Energy Valuation | Previous | Next |
Forum Energy Trading Date Momentum on October 29, 2024
On October 30 2024 Forum Energy Technologies was traded for 14.02 at the closing time. Highest Forum Energy's price during the trading hours was 14.20 and the lowest price during the day was 13.95 . The net volume was 26.6 K. The overall trading history on the 30th of October contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 0.14% . The overall trading delta to current price is 16.36% . |
Forum Energy Technologies Fundamentals Correlations and Trends
By evaluating Forum Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forum Energy Stock history
Forum Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Forum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forum Energy Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Forum Energy stock prices may prove useful in developing a viable investing in Forum Energy
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 10.2 M | 5.4 M | |
Net Income Applicable To Common Shares | 3.3 M | 3.5 M |
Forum Energy Quarterly Net Working Capital |
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Forum Energy Stock Technical Analysis
Forum Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Forum Energy Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Forum Energy Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Forum Energy December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Forum Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forum Energy shares will generate the highest return on investment. By undertsting and applying Forum Energy stock market strength indicators, traders can identify Forum Energy Technologies entry and exit signals to maximize returns
Forum Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forum Energy's price direction in advance. Along with the technical and fundamental analysis of Forum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forum to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.23) |
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Additional Tools for Forum Stock Analysis
When running Forum Energy's price analysis, check to measure Forum Energy'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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.