ForgeRock EBITDA vs. Shares Outstanding
| FORGDelisted Stock | USD 20.39 0.03 0.15% |
For ForgeRock profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ForgeRock to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ForgeRock utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ForgeRock's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ForgeRock over time as well as its relative position and ranking within its peers.
ForgeRock |
ForgeRock Shares Outstanding vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ForgeRock's current stock value. Our valuation model uses many indicators to compare ForgeRock value to that of its competitors to determine the firm's financial worth. ForgeRock is rated below average in ebitda category among its peers. It is rated # 2 in shares outstanding category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value ForgeRock by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.ForgeRock Shares Outstanding vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
ForgeRock |
| = | (56.35 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
ForgeRock |
| = | 52.85 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
ForgeRock Shares Outstanding Comparison
ForgeRock is currently under evaluation in shares outstanding category among its peers.
ForgeRock Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ForgeRock, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ForgeRock will eventually generate negative long term returns. The profitability progress is the general direction of ForgeRock's change in net profit over the period of time. It can combine multiple indicators of ForgeRock, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces , microservices, devices, and the Internet of things worldwide. ForgeRock, Inc. was founded in 2009 and is headquartered in San Francisco, California. Forgerock Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 786 people.
ForgeRock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ForgeRock. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of ForgeRock position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the ForgeRock's important profitability drivers and their relationship over time.
Use ForgeRock in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ForgeRock position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ForgeRock will appreciate offsetting losses from the drop in the long position's value.ForgeRock Pair Trading
ForgeRock Pair Trading Analysis
The ability to find closely correlated positions to ForgeRock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ForgeRock when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ForgeRock - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ForgeRock to buy it.
The correlation of ForgeRock is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ForgeRock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ForgeRock moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ForgeRock can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your ForgeRock position
In addition to having ForgeRock in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in ForgeRock Stock
If you are still planning to invest in ForgeRock check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ForgeRock's history and understand the potential risks before investing.
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