Forestar Group Stock Price on March 31, 2024

FOR Stock  USD 30.04  0.40  1.31%   
Below is the normalized historical share price chart for Forestar Group extending back to December 12, 2007. 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 Forestar stands at 30.04, as last reported on the 29th of November, with the highest price reaching 31.14 and the lowest price hitting 29.95 during the day.
IPO Date
12th of December 2007
200 Day MA
32.6316
50 Day MA
31.4522
Beta
1.763
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Forestar Stock, it is important to understand the factors that can impact its price. Currently, Forestar Group is very steady. Forestar Group secures Sharpe Ratio (or Efficiency) of 0.0204, which denotes the company had a 0.0204% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Forestar Group, which you can use to evaluate the volatility of the firm. Please confirm Forestar's Variance of 3.3, mean deviation of 1.29, and Standard Deviation of 1.82 to check if the risk estimate we provide is consistent with the expected return of 0.0362%.
  
At this time, Forestar's Total Stockholder Equity is relatively stable compared to the past year. As of 11/29/2024, Liabilities And Stockholders Equity is likely to grow to about 3 B, while Common Stock Total Equity is likely to drop slightly above 43.5 M. . At this time, Forestar's Price To Sales Ratio is relatively stable compared to the past year. As of 11/29/2024, Price Earnings Ratio is likely to grow to 18.45, while Price To Operating Cash Flows Ratio is likely to drop (57.18). Forestar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0204

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFOR

Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Forestar is performing at about 1% 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 Forestar by adding it to a well-diversified portfolio.
Price Book
0.9548
Enterprise Value Ebitda
7.2089
Price Sales
1.0084
Shares Float
19 M
Wall Street Target Price
39.75

Related Headline

American Realty Headline on 28th of March 2024

Filed transaction by American Realty Investors Officer President Coo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Forestar Valuation on March 31, 2024

It is possible to determine the worth of Forestar on a given historical date. On March 31, 2024 Forestar was worth 39.51 at the beginning of the trading date compared to the closed value of 40.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forestar stock. Still, in general, we apply an absolute valuation method to find Forestar'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 Forestar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forestar's related companies.
 Open High Low Close Volume
  37.42    40.46    37.11    39.43    555,549  
03/28/2024
  39.51    40.92    39.43    40.19    348,822  
  40.33    40.86    39.47    39.80    260,587  
Backtest Forestar  |  Forestar History  |  Forestar Valuation   PreviousNext  
Open Value
39.51
40.19
Closing Value
44.83
Upside

Forestar Trading Date Momentum on March 31, 2024

On April 01 2024 Forestar Group was traded for  39.80  at the closing time. Highest Forestar's price during the trading hours was 40.86  and the lowest price during the day was  39.47 . The net volume was 260.6 K. The overall trading history on the 1st of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.97% . The overall trading delta to current price is 1.54% .

Forestar Group Fundamentals Correlations and Trends

By evaluating Forestar'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 Forestar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forestar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Forestar Stock history

Forestar 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 Forestar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forestar Group 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 Forestar stock prices may prove useful in developing a viable investing in Forestar
Last ReportedProjected for Next Year
Common Stock Shares Outstanding50.4 M44.4 M
Net Income Applicable To Common Shares191.9 M201.5 M

Forestar Stock Technical Analysis

Forestar 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 Forestar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forestar 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...

Price Boundaries

Forestar Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Forestar Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Forestar November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Forestar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forestar shares will generate the highest return on investment. By undertsting and applying Forestar stock market strength indicators, traders can identify Forestar Group entry and exit signals to maximize returns

Forestar Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Forestar's price direction in advance. Along with the technical and fundamental analysis of Forestar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forestar 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 Forestar Stock Analysis

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