Forafric Global Plc Stock Price on January 16, 2025
AFRI Stock | USD 9.61 0.04 0.41% |
If you're considering investing in Forafric Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forafric Global stands at 9.61, as last reported on the 3rd of February, with the highest price reaching 9.71 and the lowest price hitting 9.60 during the day. Forafric Global PLC secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11 % return per unit of risk over the last 3 months. Forafric Global PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forafric Global's Mean Deviation of 0.9548, standard deviation of 1.27, and Variance of 1.62 to check the risk estimate we provide.
Forafric Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Forafric |
Sharpe Ratio = -0.1093
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Estimated Market Risk
1.27 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forafric Global is not performing at its full potential. However, 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 Forafric Global by adding Forafric Global to a well-diversified portfolio.
Forafric Global Valuation on January 16, 2025
It is possible to determine the worth of Forafric Global on a given historical date. On January 16, 2025 Forafric was worth 9.8 at the beginning of the trading date compared to the closed value of 9.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forafric Global stock. Still, in general, we apply an absolute valuation method to find Forafric Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Forafric Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forafric Global's related companies.
Open | High | Low | Close | Volume | |
9.99 | 9.99 | 9.93 | 9.98 | 4,646 | |
01/16/2025 | 9.80 | 9.95 | 9.78 | 9.78 | 8,747 |
9.68 | 9.95 | 9.68 | 9.95 | 15,642 |
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Forafric Global Trading Date Momentum on January 16, 2025
On January 17 2025 Forafric Global PLC was traded for 9.95 at the closing time. The top price for the day was 9.95 and the lowest listed price was 9.68 . The trading volume for the day was 15.6 K. The trading history from January 17, 2025 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.74% . The overall trading delta against the current closing price is 0.41% . |
Forafric Global PLC Fundamentals Correlations and Trends
By evaluating Forafric Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forafric Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forafric financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forafric Global Stock history
Forafric Global 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 Forafric is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forafric Global PLC 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 Forafric Global stock prices may prove useful in developing a viable investing in Forafric Global
Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. It serves wholesale foods manufacturers and distributors The company also exports its products to approximately 45 countries. Forafric Global operates under Farm Products classification in the United States and is traded on NASDAQ Exchange. It employs 750 people.
Forafric Global Stock Technical Analysis
Forafric Global 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.
Price Boundaries
Forafric Global Period Price Range
Low | February 3, 2025
| High |
0.00 | 0.00 |
Forafric Global PLC cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Forafric Global February 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Forafric Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forafric Global shares will generate the highest return on investment. By undertsting and applying Forafric Global stock market strength indicators, traders can identify Forafric Global PLC entry and exit signals to maximize returns
Forafric Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forafric Global's price direction in advance. Along with the technical and fundamental analysis of Forafric Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forafric 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.
Risk Adjusted Performance | (0.09) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.25) | |||
Treynor Ratio | 7.0 |
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Complementary Tools for Forafric Stock analysis
When running Forafric Global's price analysis, check to measure Forafric Global's 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 Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.
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