Forte Biosciences Stock Price History

FBRX Stock  USD 16.08  0.08  0.50%   
Below is the normalized historical share price chart for Forte Biosciences extending back to April 13, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Forte Biosciences stands at 16.08, as last reported on the 26th of November, with the highest price reaching 17.10 and the lowest price hitting 14.75 during the day.
IPO Date
13th of April 2017
200 Day MA
12.4255
50 Day MA
5.9199
Beta
1.455
 
Covid
If you're considering investing in Forte Stock, it is important to understand the factors that can impact its price. Forte Biosciences is very risky given 3 months investment horizon. Forte Biosciences secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.98% are justified by taking the suggested risk. Use Forte Biosciences Mean Deviation of 5.65, downside deviation of 4.19, and Coefficient Of Variation of 890.96 to evaluate company specific risk that cannot be diversified away.
  
At this time, Forte Biosciences' Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 43.2 M in 2024, whereas Common Stock Total Equity is likely to drop 9,867 in 2024. . Price To Sales Ratio is likely to drop to 9.98 in 2024. Price Earnings Ratio is likely to drop to -0.87 in 2024. Forte Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1181

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Estimated Market Risk

 16.74
  actual daily
96
96% of assets are less volatile

Expected Return

 1.98
  actual daily
39
61% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Forte Biosciences is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Forte Biosciences by adding it to a well-diversified portfolio.
Price Book
2.4974
Book Value
24.297
Enterprise Value
M
Enterprise Value Ebitda
1.872
Shares Float
882.3 K

Forte Biosciences Stock Price History Chart

There are several ways to analyze Forte Stock price data. The simplest method is using a basic Forte candlestick price chart, which shows Forte Biosciences price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 25, 202416.08
Lowest PriceNovember 1, 20244.18

Forte Biosciences November 26, 2024 Stock Price Synopsis

Various analyses of Forte Biosciences' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Forte Stock. It can be used to describe the percentage change in the price of Forte Biosciences from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Forte Stock.
Forte Biosciences Accumulation Distribution 17,591 
Forte Biosciences Price Rate Of Daily Change 1.00 
Forte Biosciences Price Action Indicator 0.19 
Forte Biosciences Price Daily Balance Of Power 0.03 

Forte Biosciences November 26, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Forte Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Forte Biosciences intraday prices and daily technical indicators to check the level of noise trading in Forte Stock and then apply it to test your longer-term investment strategies against Forte.

Forte Stock Price History Data

The price series of Forte Biosciences for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 has a statistical range of 11.82 with a coefficient of variation of 36.35. Under current investment horizon, the daily prices are spread out with arithmetic mean of 6.34. The median price for the last 90 days is 5.68. The company completed 1:25 stock split on 28th of August 2024. Forte Biosciences completed dividends distribution on 2020-06-16.
OpenHighLowCloseVolume
11/25/2024 15.80  17.10  14.75  16.08  128,000 
11/22/2024 15.21  16.67  14.04  16.00  395,224 
11/21/2024 12.25  15.95  10.11  15.64  1,266,824 
11/20/2024 10.46  18.81  8.79  13.55  29,567,885 
11/19/2024 5.55  5.93  5.55  5.93  2,629 
11/18/2024 5.94  6.31  5.66  6.11  22,026 
11/15/2024 5.65  5.84  5.45  5.84  11,205 
11/14/2024 5.54  5.67  5.38  5.58  16,473 
11/13/2024 5.68  5.68  5.26  5.67  1,701 
11/12/2024 5.42  5.90  5.22  5.68  6,531 
11/11/2024 5.29  5.40  4.81  5.40  13,126 
11/08/2024 4.81  5.47  4.81  5.13  18,074 
11/07/2024 4.79  4.81  4.44  4.81  11,367 
11/06/2024 4.77  4.81  4.62  4.68  7,446 
11/05/2024 4.47  4.81  4.45  4.75  17,756 
11/04/2024 4.18  4.45  4.12  4.37  19,681 
11/01/2024 4.43  4.43  4.11  4.18  26,002 
10/31/2024 4.63  4.65  4.25  4.45  24,094 
10/30/2024 4.60  4.75  4.55  4.64  21,697 
10/29/2024 4.69  4.69  4.58  4.58  1,979 
10/28/2024 4.69  4.81  4.56  4.62  9,709 
10/25/2024 4.88  4.88  4.65  4.68  17,170 
10/24/2024 4.66  4.85  4.46  4.63  10,259 
10/23/2024 4.92  4.92  4.66  4.83  7,276 
10/22/2024 4.75  4.94  4.70  4.75  15,483 
10/21/2024 4.89  4.89  4.50  4.64  14,400 
10/18/2024 4.91  4.91  4.58  4.73  3,040 
10/17/2024 4.67  4.68  4.50  4.50  2,746 
10/16/2024 4.66  4.73  4.48  4.67  14,896 
10/15/2024 4.75  4.75  4.54  4.62  11,992 
10/14/2024 4.51  4.75  4.44  4.75  6,340 
10/11/2024 4.80  4.84  4.50  4.55  18,270 
10/10/2024 5.01  5.01  4.81  4.81  832.00 
10/09/2024 4.97  5.00  4.89  5.00  3,041 
10/08/2024 5.02  5.12  4.89  5.00  8,630 
10/07/2024 5.17  5.17  5.00  5.01  3,942 
10/04/2024 5.09  5.10  5.02  5.02  1,837 
10/03/2024 5.05  5.05  4.81  5.00  10,410 
10/02/2024 5.05  5.18  4.89  5.11  15,134 
10/01/2024 5.53  5.97  5.07  5.16  17,859 
09/30/2024 5.63  5.79  5.30  5.59  13,558 
09/27/2024 5.80  6.46  4.86  5.74  39,160 
09/26/2024 6.51  6.60  5.65  5.82  26,775 
09/25/2024 6.78  6.90  6.35  6.60  16,744 
09/24/2024 6.80  7.00  6.80  7.00  14,223 
09/23/2024 7.15  7.35  7.04  7.04  5,967 
09/20/2024 7.08  7.14  6.98  7.08  4,949 
09/19/2024 7.06  7.35  6.91  7.01  3,654 
09/18/2024 7.00  7.18  6.60  6.73  9,794 
09/17/2024 7.45  7.50  6.86  7.09  15,868 
09/16/2024 7.07  7.40  7.03  7.26  6,588 
09/13/2024 7.06  7.33  6.70  7.28  14,383 
09/12/2024 6.70  7.33  6.70  7.01  8,047 
09/11/2024 7.01  7.10  6.50  7.10  9,992 
09/10/2024 7.32  7.32  6.91  7.10  17,519 
09/09/2024 7.70  7.92  7.32  7.58  9,396 
09/06/2024 7.60  7.70  7.52  7.61  6,169 
09/05/2024 7.40  7.80  7.26  7.62  17,651 
09/04/2024 7.31  7.67  7.30  7.30  9,619 
09/03/2024 7.91  7.91  7.54  7.60  1,698 
08/30/2024 7.99  8.00  7.59  7.90  19,330 

About Forte Biosciences Stock history

Forte Biosciences investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Forte is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forte Biosciences will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Forte Biosciences stock prices may prove useful in developing a viable investing in Forte Biosciences
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 M862 K
Net Loss-16 M-16.8 M

Forte Biosciences Quarterly Net Working Capital

16.59 Million

Forte Biosciences Stock Technical Analysis

Forte Biosciences technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Forte Biosciences technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forte Biosciences trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Forte Biosciences Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Forte Biosciences' price direction in advance. Along with the technical and fundamental analysis of Forte Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forte to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Forte Stock Analysis

When running Forte Biosciences' price analysis, check to measure Forte Biosciences' 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 Forte Biosciences is operating at the current time. Most of Forte Biosciences' value examination focuses on studying past and present price action to predict the probability of Forte Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forte Biosciences' price. Additionally, you may evaluate how the addition of Forte Biosciences to your portfolios can decrease your overall portfolio volatility.