Foraco International Sa Stock Price on September 26, 2024
FAR Stock | CAD 2.11 0.04 1.86% |
If you're considering investing in Foraco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Foraco International stands at 2.11, as last reported on the 28th of November, with the highest price reaching 2.15 and the lowest price hitting 2.11 during the day. Foraco International secures Sharpe Ratio (or Efficiency) of -0.034, which denotes the company had a -0.034% return per unit of risk over the last 3 months. Foraco International SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foraco International's Mean Deviation of 2.35, standard deviation of 3.11, and Variance of 9.65 to check the risk estimate we provide.
Foraco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Foraco |
Sharpe Ratio = -0.034
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Estimated Market Risk
3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Foraco International 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 Foraco International by adding Foraco International to a well-diversified portfolio.
Foraco International Valuation on September 26, 2024
It is possible to determine the worth of Foraco International on a given historical date. On September 26, 2024 Foraco was worth 2.17 at the beginning of the trading date compared to the closed value of 2.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Foraco International stock. Still, in general, we apply an absolute valuation method to find Foraco International'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 Foraco International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Foraco International's related companies.
Open | High | Low | Close | Volume | |
2.21 | 2.22 | 2.13 | 2.16 | 23,182 | |
09/26/2024 | 2.17 | 2.25 | 2.17 | 2.22 | 115,987 |
2.22 | 2.29 | 2.20 | 2.20 | 51,624 |
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Foraco International Trading Date Momentum on September 26, 2024
On September 27 2024 Foraco International SA was traded for 2.20 at the closing time. The maximum traded price for the trading interval was 2.29 and the lowest daily price was 2.20 . The daily volume was recorded at 51.6 K. The volume of trading on 27th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.90% . The overall trading delta to the closing price today is 2.25% . |
Foraco International Fundamentals Correlations and Trends
By evaluating Foraco International'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 Foraco International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Foraco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Foraco International Stock history
Foraco International 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 Foraco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Foraco International 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 Foraco International stock prices may prove useful in developing a viable investing in Foraco International
Foraco International SA provides drilling services to mining and water projects worldwide. The company was founded in 1997 and is headquartered in Marseille, France. FORACO INTERNATIONAL operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 2074 people.
Foraco International Stock Technical Analysis
Foraco International 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
Foraco International Period Price Range
Low | November 28, 2024
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0.00 | 0.00 |
Foraco International SA cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Foraco International November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Foraco International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foraco International shares will generate the highest return on investment. By undertsting and applying Foraco International stock market strength indicators, traders can identify Foraco International SA entry and exit signals to maximize returns
Foraco International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Foraco International's price direction in advance. Along with the technical and fundamental analysis of Foraco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Foraco 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 | (0.02) | |||
Jensen Alpha | (0.18) | |||
Total Risk Alpha | (0.58) | |||
Treynor Ratio | (0.20) |
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Other Information on Investing in Foraco Stock
Foraco International financial ratios help investors to determine whether Foraco Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Foraco with respect to the benefits of owning Foraco International security.