Forwardly Stock Market Value
| FORW Stock | USD 0.01 0.0003 4.41% |
| Symbol | Forwardly |
Forwardly '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 Forwardly's pink sheet 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 Forwardly.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Forwardly on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Forwardly or generate 0.0% return on investment in Forwardly over 540 days. Forwardly is related to or competes with Embrace Change. Forwardly Inc. provides identity theft solutions for individuals, groups, and corporations in the United States More
Forwardly 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 Forwardly's pink sheet 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 Forwardly upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 44.83 | |||
| Value At Risk | (14.06) | |||
| Potential Upside | 13.33 |
Forwardly Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forwardly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forwardly's standard deviation. In reality, there are many statistical measures that can use Forwardly historical prices to predict the future Forwardly's volatility.| Risk Adjusted Performance | 0.0073 | |||
| Jensen Alpha | 0.043 | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | 0.0457 |
Forwardly Backtested Returns
Forwardly secures Sharpe Ratio (or Efficiency) of -0.0052, which denotes the company had a -0.0052% return per unit of risk over the last 3 months. Forwardly exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forwardly's Variance of 66.17, standard deviation of 8.13, and Mean Deviation of 5.84 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.62, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Forwardly are expected to decrease at a much lower rate. During the bear market, Forwardly is likely to outperform the market. At this point, Forwardly has a negative expected return of -0.0433%. Please make sure to confirm Forwardly's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Forwardly performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Forwardly has virtually no predictability. Overlapping area represents the amount of predictability between Forwardly time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Forwardly price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Forwardly price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Forwardly lagged returns against current returns
Autocorrelation, which is Forwardly pink sheet'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 Forwardly's pink sheet expected returns. We can calculate the autocorrelation of Forwardly returns to help us make a trade decision. For example, suppose you find that Forwardly has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Forwardly 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 Forwardly pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forwardly pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forwardly pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Forwardly Lagged Returns
When evaluating Forwardly's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forwardly pink sheet have on its future price. Forwardly 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, Forwardly autocorrelation shows the relationship between Forwardly pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Forwardly.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Forwardly Pink Sheet Analysis
When running Forwardly's price analysis, check to measure Forwardly'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 Forwardly is operating at the current time. Most of Forwardly's value examination focuses on studying past and present price action to predict the probability of Forwardly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forwardly's price. Additionally, you may evaluate how the addition of Forwardly to your portfolios can decrease your overall portfolio volatility.