Forza Innovations Stock Market Value
| FORZ Stock | USD 0.0001 0.00 0.00% |
| Symbol | Forza |
Forza Innovations '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 Forza Innovations' 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 Forza Innovations.
| 01/19/2023 |
| 01/08/2025 |
If you would invest 0.00 in Forza Innovations on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Forza Innovations or generate 0.0% return on investment in Forza Innovations over 720 days. Forza Innovations is related to or competes with 908 Devices, Abbott Laboratories, Myomo, Quipt Home, Tela Bio, Treace Medical, and Pulmonx Corp. Forza Innovations Inc. engages in the health-tech wearable performance business More
Forza Innovations 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 Forza Innovations' 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 Forza Innovations upside and downside potential and time the market with a certain degree of confidence.
Forza Innovations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forza Innovations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forza Innovations' standard deviation. In reality, there are many statistical measures that can use Forza Innovations historical prices to predict the future Forza Innovations' volatility.Forza Innovations Backtested Returns
We have found three technical indicators for Forza Innovations, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Forza Innovations are completely uncorrelated.
Auto-correlation | 0.31 |
Below average predictability
Forza Innovations has below average predictability. Overlapping area represents the amount of predictability between Forza Innovations time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th of January 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 Forza Innovations price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Forza Innovations price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Forza Innovations lagged returns against current returns
Autocorrelation, which is Forza Innovations 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 Forza Innovations' pink sheet expected returns. We can calculate the autocorrelation of Forza Innovations returns to help us make a trade decision. For example, suppose you find that Forza Innovations 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 |
Forza Innovations 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 Forza Innovations pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forza Innovations pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forza Innovations pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Forza Innovations Lagged Returns
When evaluating Forza Innovations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forza Innovations pink sheet have on its future price. Forza Innovations 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, Forza Innovations autocorrelation shows the relationship between Forza Innovations pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Forza Innovations.
Regressed Prices |
| Timeline |
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Additional Tools for Forza Pink Sheet Analysis
When running Forza Innovations' price analysis, check to measure Forza Innovations' 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 Forza Innovations is operating at the current time. Most of Forza Innovations' value examination focuses on studying past and present price action to predict the probability of Forza Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forza Innovations' price. Additionally, you may evaluate how the addition of Forza Innovations to your portfolios can decrease your overall portfolio volatility.