Forum Energy Metals Stock Market Value
| FDCFF Stock | USD 0.03 0 12.79% |
| Symbol | Forum |
Forum Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Forum Energy's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Forum Energy.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Forum Energy on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Forum Energy Metals or generate 0.0% return on investment in Forum Energy over 90 days. Forum Energy is related to or competes with NGEx Minerals, Boss Resources, and Global Atomic. Forum Energy Metals Corp. engages in the evaluation, acquisition, exploration, and development of natural resource prope... More
Forum Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Forum Energy's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Forum Energy Metals upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0058 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 25.0 |
Forum Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forum Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forum Energy's standard deviation. In reality, there are many statistical measures that can use Forum Energy historical prices to predict the future Forum Energy's volatility.| Risk Adjusted Performance | 0.0074 | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 1.51 | |||
| Treynor Ratio | 0.0284 |
Forum Energy Metals Backtested Returns
At this point, Forum Energy is out of control. Forum Energy Metals secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Forum Energy Metals, which you can use to evaluate the volatility of the firm. Please confirm Forum Energy's Standard Deviation of 12.35, variance of 152.61, and Mean Deviation of 6.14 to check if the risk estimate we provide is consistent with the expected return of 0.0703%. The firm shows a Beta (market volatility) of -1.32, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Forum Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Forum Energy is expected to outperform it. Forum Energy Metals right now shows a risk of 12.55%. Please confirm Forum Energy Metals potential upside, as well as the relationship between the daily balance of power and day typical price , to decide if Forum Energy Metals will be following its price patterns.
Auto-correlation | 0.16 |
Very weak predictability
Forum Energy Metals has very weak predictability. Overlapping area represents the amount of predictability between Forum Energy time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Forum Energy Metals price movement. The serial correlation of 0.16 indicates that over 16.0% of current Forum Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Forum Energy Metals lagged returns against current returns
Autocorrelation, which is Forum Energy otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Forum Energy's otc stock expected returns. We can calculate the autocorrelation of Forum Energy returns to help us make a trade decision. For example, suppose you find that Forum Energy has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Forum Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Forum Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forum Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forum Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Forum Energy Lagged Returns
When evaluating Forum Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forum Energy otc stock have on its future price. Forum Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Forum Energy autocorrelation shows the relationship between Forum Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Forum Energy Metals.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Forum OTC Stock
Forum Energy financial ratios help investors to determine whether Forum OTC 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 Forum with respect to the benefits of owning Forum Energy security.