Forge Global Holdings Stock Probability of Future Stock Price Finishing Under 1.1
| FRGE Stock | USD 1.08 0.03 2.70% |
Forge |
Forge Global Target Price Odds to finish below 1.1
The tendency of Forge Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 1.10 after 90 days |
| 1.08 | 90 days | 1.10 | about 17.35 |
Based on a normal probability distribution, the odds of Forge Global to stay under $ 1.10 after 90 days from now is about 17.35 (This Forge Global Holdings probability density function shows the probability of Forge Stock to fall within a particular range of prices over 90 days) . Probability of Forge Global Holdings price to stay between its current price of $ 1.08 and $ 1.10 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days the stock has the beta coefficient of 2.99 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Forge Global will likely underperform. Additionally Forge Global Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Forge Global Price Density |
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Predictive Modules for Forge Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Forge Global Holdings. 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.Forge Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Forge Global is not an exception. The market had few large corrections towards the Forge Global's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Forge Global Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Forge Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.61 | |
β | Beta against Dow Jones | 2.99 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.07 |
Forge Global Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Forge Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Forge Global Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Forge Global generated a negative expected return over the last 90 days | |
| Forge Global has high historical volatility and very poor performance | |
| Forge Global has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 69.82 M. Net Loss for the year was (90.22 M) with profit before overhead, payroll, taxes, and interest of 68.9 M. | |
| Forge Global Holdings currently holds about 202.6 M in cash with (41.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Forge Global Holdings CEO Kelly sells shares worth 42,502 |
Forge Global Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Forge Stock often depends not only on the future outlook of the current and potential Forge Global'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. Forge Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 173.4 M | |
| Cash And Short Term Investments | 152.4 M |
Forge Global Technical Analysis
Forge Global's future price can be derived by breaking down and analyzing its technical indicators over time. Forge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forge Global Holdings. In general, you should focus on analyzing Forge Stock price patterns and their correlations with different microeconomic environments and drivers.
Forge Global Predictive Forecast Models
Forge Global's time-series forecasting models is one of many Forge Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Forge Global's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Forge Global Holdings
Checking the ongoing alerts about Forge Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forge Global Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Forge Global generated a negative expected return over the last 90 days | |
| Forge Global has high historical volatility and very poor performance | |
| Forge Global has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 69.82 M. Net Loss for the year was (90.22 M) with profit before overhead, payroll, taxes, and interest of 68.9 M. | |
| Forge Global Holdings currently holds about 202.6 M in cash with (41.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 23.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Forge Global Holdings CEO Kelly sells shares worth 42,502 |
Check out Forge Global Backtesting, Forge Global Valuation, Forge Global Correlation, Forge Global Hype Analysis, Forge Global Volatility, Forge Global History as well as Forge Global Performance. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Application Software 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 Forge Global. If investors know Forge 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 Forge Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share 0.443 | Quarterly Revenue Growth 0.035 | Return On Assets (0.18) | Return On Equity (0.30) |
The market value of Forge Global Holdings is measured differently than its book value, which is the value of Forge that is recorded on the company's balance sheet. Investors also form their own opinion of Forge Global's value that differs from its market value or its book value, called intrinsic value, which is Forge Global'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 Forge Global's market value can be influenced by many factors that don't directly affect Forge Global'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 Forge Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forge Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forge Global'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.