We urge to utilize Forum Energy Metals fundamental analysis to find out if markets are presently mispricing the company. Put another way you can exercise it to find out if Forum Energy Metals is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate twenty-five available fundamental indicators for Forum Energy Metals, which can be compared to its peers. The stock experiences a very speculative upward sentiment. Check odds of Forum Energy to be traded at C$0.0712 in 90 days. Key indicators impacting Forum Energy's financial strength include:
Understanding current and past Forum Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Forum Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Forum Energy's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Forum Energy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Forum Energy Metals. Check Forum Energy's Beneish M Score to see the likelihood of Forum Energy's management manipulating its earnings.
Forum Energy Stock Summary
Forum Energy competes with Global X, Financial, Rubicon Organics, Amazon CDR, and First Trust. Forum Energy Metals Corp., mineral resource company, engages in the evaluation, acquisition, exploration, and development of natural resource properties in Canada. Forum Energy Metals Corp. was incorporated in 1987 and is headquartered in Vancouver, Canada. FORUM ENERGY operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Forum Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Forum Stock, because this is throwing your money away. Analyzing the key information contained in Forum Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Forum Energy Key Financial Ratios
There are many critical financial ratios that Forum Energy's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Forum Energy Metals reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Forum Energy's current stock value. Our valuation model uses many indicators to compare Forum Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forum Energy competition to find correlations between indicators driving Forum Energy's intrinsic value. More Info.
Forum Energy Metals is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers . At this time, Forum Energy's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Forum Energy's earnings, one of the primary drivers of an investment's value.
Forum Energy Metals Systematic Risk
Forum Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Forum Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Forum Energy Metals correlated with the market. If Beta is less than 0 Forum Energy generally moves in the opposite direction as compared to the market. If Forum Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Forum Energy Metals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Forum Energy is generally in the same direction as the market. If Beta > 1 Forum Energy moves generally in the same direction as, but more than the movement of the benchmark.
Forum Energy Metals Total Assets Over Time
Forum Energy Thematic Clasifications
Forum Energy Metals is part of Aluminum investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Aluminum production. Companies involved in production of aluminum
This theme covers Aluminum production. Companies involved in production of aluminum. Get More Thematic Ideas
Today, most investors in Forum Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Forum Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Forum Energy growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Forum Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Forum Energy Metals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forum Energy Metals based on widely used predictive technical indicators. In general, we focus on analyzing Forum Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forum Energy's daily price indicators and compare them against related drivers.
When running Forum Energy's price analysis, check to measure Forum Energy'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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.