Forward Air Stock Forecast - Daily Balance Of Power

FWRD Stock  USD 35.68  0.74  2.12%   
Forward Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Forward Air stock prices and determine the direction of Forward Air's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Forward Air's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of November 22, 2024, Inventory Turnover is expected to decline to 42.36. In addition to that, Payables Turnover is expected to decline to 26.82. The current year's Common Stock Shares Outstanding is expected to grow to about 30.8 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 233.3 M.
Forward Air has current Daily Balance Of Power of 0.592. Balance of Power indicator (or BOP) measures the strength of Forward Air market sensitivity to bulls and bears. It estimates the ability of Forward Air buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Forward Air Balance of Power indicator one can determine a trend of the price direction.
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Forward Air Trading Date Momentum

On November 22 2024 Forward Air was traded for  35.68  at the closing time. The top price for the day was 36.11  and the lowest listed price was  34.86 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not affect price variability. The overall trading delta against the current closing price is 1.18% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Forward Air

For every potential investor in Forward, whether a beginner or expert, Forward Air's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Forward Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Forward. Basic forecasting techniques help filter out the noise by identifying Forward Air's price trends.

Forward Air 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 Forward Air stock to make a market-neutral strategy. Peer analysis of Forward Air could also be used in its relative valuation, which is a method of valuing Forward Air by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Forward Air Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Forward Air's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Forward Air's current price.

Forward Air Market Strength Events

Market strength indicators help investors to evaluate how Forward Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forward Air shares will generate the highest return on investment. By undertsting and applying Forward Air stock market strength indicators, traders can identify Forward Air entry and exit signals to maximize returns.

Forward Air Risk Indicators

The analysis of Forward Air'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 Forward Air's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting forward 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.
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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Forward Air is a strong investment it is important to analyze Forward Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Forward Air to cross-verify your projections.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Air Freight & Logistics 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 Forward Air. If investors know Forward 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 Forward Air 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
1.45
Earnings Share
(29.29)
Revenue Per Share
81.783
Quarterly Revenue Growth
0.924
Return On Assets
0.0296
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air'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 Forward Air's market value can be influenced by many factors that don't directly affect Forward Air'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 Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air'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.