Forsys Metals Corp Stock Price on December 11, 2024
| FSY Stock | CAD 0.74 0.04 5.71% |
If you're considering investing in Forsys Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forsys Metals stands at 0.74, as last reported on the 4th of January, with the highest price reaching 0.75 and the lowest price hitting 0.72 during the day. As of now, Forsys Stock is abnormally volatile. Forsys Metals Corp secures Sharpe Ratio (or Efficiency) of 0.0332, which denotes the company had a 0.0332% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Forsys Metals Corp, which you can use to evaluate the volatility of the firm. Please confirm Forsys Metals' Mean Deviation of 3.69, coefficient of variation of 3011.49, and Downside Deviation of 5.08 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
Forsys Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Forsys |
Sharpe Ratio = 0.0332
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FSY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.89 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Forsys Metals 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 Forsys Metals by adding it to a well-diversified portfolio.
Forsys Metals Valuation on December 11, 2024
It is possible to determine the worth of Forsys Metals on a given historical date. On December 11, 2024 Forsys was worth 0.67 at the beginning of the trading date compared to the closed value of 0.68. 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 | 0.68 | 0.63 | 0.65 | 7,703 | |
12/11/2024 | 0.67 | 0.68 | 0.66 | 0.68 | 37,139 |
| 0.66 | 0.67 | 0.63 | 0.65 | 24,410 |
| Backtest Forsys Metals | | | Forsys Metals History | | | Forsys Metals Valuation | Previous | Next |
Forsys Metals Trading Date Momentum on December 11, 2024
| On December 12 2024 Forsys Metals Corp was traded for 0.65 at the closing time. The maximum traded price for the trading interval was 0.67 and the lowest daily price was 0.63 . The daily volume was recorded at 24.4 K. The volume of trading on 12th of December 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.41% . The overall trading delta to the closing price today is 17.65% . |
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
Forsys Metals Corp., an exploration stage company, acquires, explores, and develops uranium and gold mineral properties in Namibia, Africa. Forsys Metals Corp. was incorporated in 1985 and is headquartered in Toronto, Canada. FORSYS METALS operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 3 people.
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 | January 4, 2025
| 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 January 4, 2025 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 | 0.0353 | |||
| Jensen Alpha | 0.1532 | |||
| Total Risk Alpha | 0.0781 | |||
| Sortino Ratio | 0.0276 | |||
| Treynor Ratio | (2.62) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.