Foran Mining Stock Price on September 19, 2023
FOM Stock | 4.00 0.08 2.04% |
Below is the normalized historical share price chart for Foran Mining extending back to August 08, 1996. 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 Foran Mining stands at 4.00, as last reported on the 26th of December, with the highest price reaching 4.00 and the lowest price hitting 3.96 during the day.
If you're considering investing in Foran Stock, it is important to understand the factors that can impact its price. Foran Mining secures Sharpe Ratio (or Efficiency) of -0.0263, which denotes the company had a -0.0263% return per unit of risk over the last 3 months. Foran Mining exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foran Mining's Downside Deviation of 2.27, mean deviation of 1.75, and Coefficient Of Variation of 52243.39 to check the risk estimate we provide.
At this time, Foran Mining's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Foran Mining's Price To Sales Ratio is very stable compared to the past year. As of the 26th of December 2024, Price Book Value Ratio is likely to grow to 2.44, while Price Earnings Ratio is likely to drop (81.90). Foran Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.0808 | 50 Day MA 4.2566 | Beta 3.789 |
Foran |
Sharpe Ratio = -0.0263
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Negative Returns | FOM |
Estimated Market Risk
2.19 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.06 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 Foran Mining 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 Foran Mining by adding Foran Mining to a well-diversified portfolio.
Price Book 2.0805 | Book Value 1.923 | Enterprise Value 1.3 B | Enterprise Value Ebitda (131.26) | Shares Float 383.3 M |
Foran Mining Valuation on September 19, 2023
It is possible to determine the worth of Foran Mining on a given historical date. On September 19, 2023 Foran was worth 3.88 at the beginning of the trading date compared to the closed value of 3.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Foran Mining stock. Still, in general, we apply an absolute valuation method to find Foran Mining'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 Foran Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Foran Mining's related companies.
Open | High | Low | Close | Volume | |
3.92 | 3.96 | 3.87 | 3.91 | 189,000 | |
09/19/2023 | 3.88 | 3.96 | 3.88 | 3.94 | 112,200 |
3.93 | 4.00 | 3.86 | 3.89 | 155,200 |
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Foran Mining Trading Date Momentum on September 19, 2023
On September 20 2023 Foran Mining was traded for 3.89 at the closing time. The maximum traded price for the trading interval was 4.00 and the lowest daily price was 3.86 . The daily volume was recorded at 155.2 K. The volume of trading on 20th of September 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.27% . The overall trading delta to the closing price today is 3.55% . |
Foran Mining Fundamentals Correlations and Trends
By evaluating Foran Mining'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 Foran Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Foran financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Foran Mining Stock history
Foran Mining 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 Foran is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Foran Mining 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 Foran Mining stock prices may prove useful in developing a viable investing in Foran Mining
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 280.4 M | 294.5 M | |
Net Loss | -8.8 M | -8.4 M |
Foran Mining Stock Technical Analysis
Foran Mining 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
Foran Mining Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Foran Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Foran Mining December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Foran Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foran Mining shares will generate the highest return on investment. By undertsting and applying Foran Mining stock market strength indicators, traders can identify Foran Mining entry and exit signals to maximize returns
Foran Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Foran Mining's price direction in advance. Along with the technical and fundamental analysis of Foran Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Foran 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 | 0.0081 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | (0.01) |
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Other Information on Investing in Foran Stock
Foran Mining financial ratios help investors to determine whether Foran Stock 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 Foran with respect to the benefits of owning Foran Mining security.