Forum Energy Technologies Stock Price on December 23, 2024

FET Stock  USD 14.99  0.23  1.56%   
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 14.99, as last reported on the 25th of December, with the highest price reaching 15.03 and the lowest price hitting 14.63 during the day.
IPO Date
12th of April 2012
200 Day MA
16.8716
50 Day MA
14.9506
Beta
2.47
 
Yuan Drop
 
Covid
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 -0.0275, which denotes the company had a -0.0275% 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 Variance of 6.47, standard deviation of 2.54, and Mean Deviation of 1.78 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.

Sharpe Ratio = -0.0275

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Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  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
0.4088
Enterprise Value Ebitda
9.3357
Price Sales
0.23
Shares Float
10 M
Wall Street Target Price
30

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Forum Energy Valuation on December 23, 2024

It is possible to determine the worth of Forum Energy on a given historical date. On December 23, 2024 Forum was worth 14.24 at the beginning of the trading date compared to the closed value of 14.76. 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
  14.27    14.71    14.11    14.21    107,899  
12/23/2024
  14.24    14.82    14.14    14.76    91,102  
  14.80    15.03    14.63    14.99    26,551  
Backtest Forum Energy  |  Forum Energy History  |  Forum Energy Valuation   PreviousNext  
Open Value
14.24
14.76
Closing Value
21.93
Upside

Forum Energy Trading Date Momentum on December 23, 2024

On December 24 2024 Forum Energy Technologies was traded for  14.99  at the closing time. Highest Forum Energy's price during the trading hours was 15.03  and the lowest price during the day was  14.63 . The net volume was 26.6 K. The overall trading history on the 24th of December contributed to the next trading period price appreciation. The overall trading delta to the next next day price was 1.56% . The overall trading delta to current price is 0.27% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding10.2 M5.4 M
Net Income Applicable To Common Shares3.3 M3.5 M

Forum Energy Quarterly Net Working Capital

252.7 Million

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.
A focus of Forum Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forum Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Forum Energy Period Price Range

Low
December 25, 2024
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High

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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 25, 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.

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.