Forian Stock Forecast - Naive Prediction
| FORA Stock | USD 2.10 0.01 0.47% |
The Naive Prediction forecasted value of Forian Inc on the next trading day is expected to be 2.11 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.46. Forian Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Forian stock prices and determine the direction of Forian Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Forian's historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time, the relative strength index (RSI) of Forian's share price is approaching 47. This usually indicates that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Forian, making its price go up or down. Momentum 47
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.89) | EPS Estimate Next Quarter 0.02 | EPS Estimate Current Year 0.07 | EPS Estimate Next Year 0.09 | Wall Street Target Price 2.1 |
Using Forian hype-based prediction, you can estimate the value of Forian Inc from the perspective of Forian response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Forian using Forian's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Forian using crowd psychology based on the activity and movement of Forian's stock price.
Forian Implied Volatility | 2.55 |
Forian's implied volatility exposes the market's sentiment of Forian Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Forian's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Forian stock will not fluctuate a lot when Forian's options are near their expiration.
The Naive Prediction forecasted value of Forian Inc on the next trading day is expected to be 2.11 with a mean absolute deviation of 0.02 and the sum of the absolute errors of 1.46. Forian after-hype prediction price | USD 2.1 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Forian to cross-verify your projections. Open Interest Against 2026-03-20 Forian Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Forian's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Forian's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Forian stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Forian's open interest, investors have to compare it to Forian's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Forian is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Forian. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Forian Additional Predictive Modules
Most predictive techniques to examine Forian price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Forian using various technical indicators. When you analyze Forian charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Forian Cash Forecast
Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Forian's financial statements to predict how it will affect future prices.
Cash | First Reported 2019-12-31 | Previous Quarter 5.4 M | Current Value 4.7 M | Quarterly Volatility 6.2 M |
Forian Naive Prediction Price Forecast For the 24th of January
Given 90 days horizon, the Naive Prediction forecasted value of Forian Inc on the next trading day is expected to be 2.11 with a mean absolute deviation of 0.02, mean absolute percentage error of 0, and the sum of the absolute errors of 1.46.Please note that although there have been many attempts to predict Forian Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Forian's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Forian Stock Forecast Pattern
| Backtest Forian | Forian Price Prediction | Buy or Sell Advice |
Forian Forecasted Value
In the context of forecasting Forian's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Forian's downside and upside margins for the forecasting period are 0.25 and 3.96, respectively. We have considered Forian's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Forian stock data series using in forecasting. Note that when a statistical model is used to represent Forian stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 113.1889 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0235 |
| MAPE | Mean absolute percentage error | 0.0108 |
| SAE | Sum of the absolute errors | 1.4593 |
Predictive Modules for Forian
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forian Inc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Forian After-Hype Price Prediction Density Analysis
As far as predicting the price of Forian at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Forian or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Forian, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Forian Estimiated After-Hype Price Volatility
In the context of predicting Forian's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Forian's historical news coverage. Forian's after-hype downside and upside margins for the prediction period are 0.08 and 4.12, respectively. We have considered Forian's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Forian is unstable at this time. Analysis and calculation of next after-hype price of Forian Inc is based on 3 months time horizon.
Forian Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Forian is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Forian backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Forian, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.16 | 1.85 | 0.02 | 0.02 | 8 Events / Month | 7 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.10 | 2.10 | 0.00 |
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Forian Hype Timeline
Forian Inc is currently traded for 2.10. The entity has historical hype elasticity of 0.02, and average elasticity to hype of competition of 0.02. Forian is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at -0.16%. %. The volatility of related hype on Forian is about 1927.08%, with the expected price after the next announcement by competition of 2.12. About 49.0% of the company shares are held by company insiders. The book value of Forian was currently reported as 1.0. The company has Price/Earnings To Growth (PEG) ratio of 0.94. Forian Inc recorded a loss per share of 0.02. The entity had not issued any dividends in recent years. The firm had 1:20 split on the 3rd of March 2021. Given the investment horizon of 90 days the next projected press release will be in about 8 days. Check out Historical Fundamental Analysis of Forian to cross-verify your projections.Forian Related Hype Analysis
Having access to credible news sources related to Forian's direct competition is more important than ever and may enhance your ability to predict Forian's future price movements. Getting to know how Forian's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Forian may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BEAT | Heartbeam | 0.33 | 11 per month | 9.92 | 0.07 | 28.33 | (11.73) | 103.08 | |
| ONMD | OneMedNet Corp | (0.59) | 7 per month | 0.00 | (0.09) | 21.05 | (16.51) | 53.01 | |
| AMWL | American Well Corp | 0.06 | 17 per month | 0.00 | (0.06) | 5.98 | (4.84) | 13.44 | |
| GEG | Great Elm Group | 0.06 | 16 per month | 0.00 | (0.07) | 2.80 | (2.55) | 9.83 | |
| NSRX | Nasus Pharma | 0.50 | 7 per month | 0.00 | (0.04) | 6.99 | (7.52) | 36.48 | |
| XBIT | XBiotech | 0.46 | 5 per month | 3.28 | 0.02 | 6.67 | (5.88) | 28.09 | |
| TCRX | Tscan Therapeutics | 0.03 | 9 per month | 0.00 | (0.14) | 9.62 | (9.68) | 40.38 | |
| LUNG | Pulmonx Corp | 0.26 | 10 per month | 5.60 | 0.07 | 13.23 | (8.50) | 45.80 | |
| NTRB | Nutriband | 0.19 | 10 per month | 0.00 | (0.15) | 9.04 | (7.23) | 32.02 | |
| ASRT | Assertio Therapeutics | (0.34) | 9 per month | 3.19 | (0.02) | 6.07 | (5.00) | 24.64 |
Other Forecasting Options for Forian
For every potential investor in Forian, whether a beginner or expert, Forian's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Forian Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Forian. Basic forecasting techniques help filter out the noise by identifying Forian's price trends.Forian Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Forian stock to make a market-neutral strategy. Peer analysis of Forian could also be used in its relative valuation, which is a method of valuing Forian by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Forian Market Strength Events
Market strength indicators help investors to evaluate how Forian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forian shares will generate the highest return on investment. By undertsting and applying Forian stock market strength indicators, traders can identify Forian Inc entry and exit signals to maximize returns.
Forian Risk Indicators
The analysis of Forian's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Forian's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting forian stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.38 | |||
| Semi Deviation | 1.89 | |||
| Standard Deviation | 2.0 | |||
| Variance | 4.0 | |||
| Downside Variance | 4.74 | |||
| Semi Variance | 3.58 | |||
| Expected Short fall | (1.63) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Forian
The number of cover stories for Forian depends on current market conditions and Forian's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Forian is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Forian's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Forian Short Properties
Forian's future price predictability will typically decrease when Forian's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Forian Inc often depends not only on the future outlook of the potential Forian's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Forian's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.1 M | |
| Cash And Short Term Investments | 35.1 M |
Check out Historical Fundamental Analysis of Forian to cross-verify your projections. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.89) | Earnings Share (0.02) | Revenue Per Share | Quarterly Revenue Growth 0.656 | Return On Assets |
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.