Forsys Metals Corp Stock Price on October 6, 2023
| FSY Stock | CAD 0.60 0.04 7.14% |
Below is the normalized historical share price chart for Forsys Metals Corp extending back to October 03, 2000. 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 Forsys Metals stands at 0.60, as last reported on the 22nd of December, with the highest price reaching 0.64 and the lowest price hitting 0.54 during the day.
If you're considering investing in Forsys Stock, it is important to understand the factors that can impact its price. As of now, Forsys Stock is abnormally volatile. Forsys Metals Corp secures Sharpe Ratio (or Efficiency) of 0.0016, which denotes the company had a 0.0016% return per unit of risk over the last 3 months. We have found thirty technical indicators for Forsys Metals Corp, which you can use to evaluate the volatility of the firm. Please confirm Forsys Metals' Coefficient Of Variation of 1616.46, downside deviation of 4.43, and Mean Deviation of 3.81 to check if the risk estimate we provide is consistent with the expected return of 0.0074%.
At this time, Forsys Metals' Common Stock Shares Outstanding is very stable compared to the past year. As of the 22nd of December 2024, Liabilities And Stockholders Equity is likely to grow to about 48.2 M, while Total Stockholder Equity is likely to drop about 21.1 M. . At this time, Forsys Metals' Price To Sales Ratio is very stable compared to the past year. As of the 22nd of December 2024, Price Book Value Ratio is likely to grow to 7.00, while Price Earnings Ratio is likely to drop (26.74). Forsys Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.744 | 50 Day MA 0.6634 | Beta 0.845 |
Forsys |
Sharpe Ratio = 0.0016
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Estimated Market Risk
| 4.69 actual daily | 41 59% 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 Forsys Metals 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 Forsys Metals by adding Forsys Metals to a well-diversified portfolio.
Price Book 5.4022 | Book Value 0.114 | Enterprise Value 115 M | Enterprise Value Ebitda (35.74) | Shares Float 96.3 M |
Forsys Metals Valuation on October 6, 2023
It is possible to determine the worth of Forsys Metals on a given historical date. On October 6, 2023 Forsys was worth 0.68 at the beginning of the trading date compared to the closed value of 0.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forsys Metals stock. Still, in general, we apply an absolute valuation method to find Forsys Metals' 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 Forsys Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forsys Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.63 | 0.69 | 0.61 | 0.69 | 140,400 | |
10/06/2023 | 0.68 | 0.70 | 0.66 | 0.70 | 108,500 |
| 0.67 | 0.71 | 0.67 | 0.69 | 173,700 |
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Forsys Metals Trading Date Momentum on October 6, 2023
| On October 10 2023 Forsys Metals Corp was traded for 0.69 at the closing time. The maximum traded price for the trading interval was 0.71 and the lowest daily price was 0.67 . The daily volume was recorded at 173.7 K. The volume of trading on 10th of October 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.43% . The overall trading delta to the closing price today is 11.43% . |
Forsys Metals Corp Fundamentals Correlations and Trends
By evaluating Forsys Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forsys Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forsys financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forsys Metals Stock history
Forsys Metals 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 Forsys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forsys Metals Corp 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 Forsys Metals stock prices may prove useful in developing a viable investing in Forsys Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 224.4 M | 235.7 M | |
| Net Income Applicable To Common Shares | 2.2 M | 2.4 M |
Forsys Metals Quarterly Net Working Capital |
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Forsys Metals Stock Technical Analysis
Forsys Metals 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
Forsys Metals Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Forsys Metals Corp 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.
Forsys Metals December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Forsys Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forsys Metals shares will generate the highest return on investment. By undertsting and applying Forsys Metals stock market strength indicators, traders can identify Forsys Metals Corp entry and exit signals to maximize returns
Forsys Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forsys Metals' price direction in advance. Along with the technical and fundamental analysis of Forsys Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forsys 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 | 0.0574 | |||
| Jensen Alpha | 0.306 | |||
| Total Risk Alpha | 0.1581 | |||
| Sortino Ratio | 0.062 | |||
| Treynor Ratio | (0.75) |
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Other Information on Investing in Forsys Stock
Forsys Metals financial ratios help investors to determine whether Forsys 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 Forsys with respect to the benefits of owning Forsys Metals security.