Forian Inc Stock Price on January 5, 2025
| FORA Stock | USD 2.10 0.07 3.45% |
If you're considering investing in Forian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forian stands at 2.10, as last reported on the 22nd of January, with the highest price reaching 2.10 and the lowest price hitting 2.10 during the day. At this point, Forian is moderately volatile. Forian Inc secures Sharpe Ratio (or Efficiency) of 0.0302, which denotes the company had a 0.0302 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Forian Inc, which you can use to evaluate the volatility of the firm. Please confirm Forian's Downside Deviation of 2.26, coefficient of variation of 3371.07, and Mean Deviation of 1.47 to check if the risk estimate we provide is consistent with the expected return of 0.0612%.
Forian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Forian |
Sharpe Ratio = 0.0302
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Estimated Market Risk
| 2.03 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Forian is performing at about 2% of its full potential. 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 Forian by adding it to a well-diversified portfolio.
Forian Valuation on January 5, 2025
It is possible to determine the worth of Forian on a given historical date. On January 5, 2025 Forian was worth 2.12 at the beginning of the trading date compared to the closed value of 2.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forian stock. Still, in general, we apply an absolute valuation method to find Forian'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 Forian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forian's related companies.
| Open | High | Low | Close | Volume | |
| 2.06 | 2.07 | 2.06 | 2.06 | 1,965 | |
01/03/2025 | 2.12 | 2.12 | 2.02 | 2.07 | 6,664 |
| 2.11 | 2.11 | 2.00 | 2.03 | 31,131 |
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Forian Trading Date Momentum on January 5, 2025
| On January 06 2025 Forian Inc was traded for 2.03 at the closing time. The top price for the day was 2.11 and the lowest listed price was 2.00 . The trading volume for the day was 31.1 K. The trading history from January 6, 2025 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.93% . The overall trading delta against the current closing price is 1.45% . |
Forian Inc Fundamentals Correlations and Trends
By evaluating Forian'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 Forian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forian Stock history
Forian 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 Forian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forian Inc 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 Forian stock prices may prove useful in developing a viable investing in Forian
Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. In addition, the company offers security monitoring and web marketing services. Forian operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 138 people.
Forian Stock Technical Analysis
Forian 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
Forian Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Forian Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Forian January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Forian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forian shares will generate the highest return on investment. By undertsting and applying Forian stock market strength indicators, traders can identify Forian Inc entry and exit signals to maximize returns
Forian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forian's price direction in advance. Along with the technical and fundamental analysis of Forian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forian 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 | 0.0308 | |||
| Jensen Alpha | 0.0564 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.01 | |||
| Treynor Ratio | (0.18) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Forian Stock analysis
When running Forian's price analysis, check to measure Forian'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 Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
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