Forward Air Stock Alpha and Beta Analysis
| FWRD Stock | USD 35.99 0.04 0.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Forward Air. It also helps investors analyze the systematic and unsystematic risks associated with investing in Forward Air over a specified time horizon. Remember, high Forward Air's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Forward Air's market risk premium analysis include:
Beta 1.08 | Alpha 0.0363 | Risk 3.04 | Sharpe Ratio 0.0723 | Expected Return 0.22 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Forward Air Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Forward Air market risk premium is the additional return an investor will receive from holding Forward Air long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Forward Air. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Forward Air's performance over market.| α | 0.04 | β | 1.08 |
Forward Air expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Forward Air's Buy-and-hold return. Our buy-and-hold chart shows how Forward Air performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Forward Air Market Price Analysis
Market price analysis 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 understating and applying Forward Air stock market price indicators, traders can identify Forward Air position entry and exit signals to maximize returns.
Forward Air Return and Market Media
The median price of Forward Air for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 35.62 with a coefficient of variation of 5.24. The daily time series for the period is distributed with a sample standard deviation of 1.86, arithmetic mean of 35.51, and mean deviation of 1.42. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Lorrain Jerome Jean-pierre of 4061 shares of Forward Air subject to Rule 16b-3 | 10/03/2024 |
2 | Acquisition by Carlock Craig of 6963 shares of Forward Air subject to Rule 16b-3 | 10/15/2024 |
3 | Bfsg LLC Has 250,000 Stock Holdings in Forward Air Co. | 10/18/2024 |
4 | ArcBest Q3 Earnings and Revenues Miss Estimates | 11/01/2024 |
5 | Forward Air GAAP EPS of -2.66, revenue of 655.93M in-line | 11/04/2024 |
6 | Forward Air Q3 Earnings Snapshot | 11/05/2024 |
7 | Forward Air to onboard chief commercial officer next year | 11/06/2024 |
8 | Acquisition by Ridgemont Equity Management Iii, Llc of 24920 shares of Forward Air subject to Rule 16b-3 | 11/08/2024 |
9 | Forward Air Corp Shares Up 3.75 percent on Nov 13 | 11/13/2024 |
10 | Forward Air Co. Given Consensus Recommendation of Hold by Brokerages - MarketBeat | 11/20/2024 |
11 | Forward Air Raises 350,000 for Veterans at Annual Drive for Hope Golf Tournament | 11/22/2024 |
About Forward Air Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Forward or other stocks. Alpha measures the amount that position in Forward Air has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.006987 | 0.009207 | 0.0153 | Price To Sales Ratio | 1.98 | 1.42 | 1.19 |
Forward Air Upcoming Company Events
As portrayed in its financial statements, the presentation of Forward Air's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forward Air's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Forward Air's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Forward Air. Please utilize our Beneish M Score to check the likelihood of Forward Air's management manipulating its earnings.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Align your risk with return expectations
Check out Forward Air Backtesting, Forward Air Valuation, Forward Air Correlation, Forward Air Hype Analysis, Forward Air Volatility, Forward Air History and analyze Forward Air Performance. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Forward Air 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.