Forza X1 Financials
| FRZADelisted Stock | USD 0.24 0.03 14.29% |
Forza |
Understanding current and past Forza X1 Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Forza X1's financial statements are interrelated, with each one affecting the others. For example, an increase in Forza X1's assets may result in an increase in income on the income statement.
Please note, the presentation of Forza X1's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forza X1's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Forza X1's management manipulating its earnings.
Forza X1 Stock Summary
Forza X1 competes with EZGO Technologies, Vision Marine, Twin Vee, Brunswick, and Ree Automotive. Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co. Forza X1 operates under Recreational Vehicles classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.Specialization | Consumer Cyclical, Recreational Vehicles |
| Instrument | USA Stock View All |
| Exchange | NASDAQ Exchange |
| CUSIP | 34988N104 |
| Location | Florida; U.S.A |
| Business Address | 3101 S US-1, |
| Sector | Textiles, Apparel & Luxury Goods |
| Industry | Consumer Discretionary |
| Benchmark | Dow Jones Industrial |
| Website | www.forzax1.com |
| Phone | (772) 429 2525 |
| Currency | USD - US Dollar |
Forza X1 Key Financial Ratios
Forza Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Forza X1's current stock value. Our valuation model uses many indicators to compare Forza X1 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forza X1 competition to find correlations between indicators driving Forza X1's intrinsic value. More Info.Forza X1 is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 Forza X1's earnings, one of the primary drivers of an investment's value.Forza X1 Market Pulse
| Quote | 0.24 |
| Change(%) | 14.29 |
| Change | 0.03 |
| Open | 0.21 |
| Low | 0.19 |
| High | 0.24 |
| Volume | 0 |
| Exchange | NASDAQ |
About Forza X1 Financials
What exactly are Forza X1 Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Forza X1's income statement, its balance sheet, and the statement of cash flows. Potential Forza X1 investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Forza X1 investors may use each financial statement separately, they are all related. The changes in Forza X1's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Forza X1's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Forza X1 Thematic Clasifications
Forza X1 is part of Shipbuilding Railroad Equipment 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. USA Equities from Shipbuilding Railroad Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Shipbuilding Railroad Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Shipbuilding Railroad Equipment | View |
Forza X1 November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Forza X1 help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Forza X1. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forza X1 based on widely used predictive technical indicators. In general, we focus on analyzing Forza Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forza X1's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 41.67 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 13.64 |
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 nation. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Other Consideration for investing in Forza Stock
If you are still planning to invest in Forza X1 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 Forza X1's history and understand the potential risks before investing.
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