Forestar Group Stock Price on October 3, 2024
FOR Stock | USD 28.77 0.14 0.48% |
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 28.77, as last reported on the 22nd of November, with the highest price reaching 29.77 and the lowest price hitting 28.72 during the day.
If you're considering investing in Forestar Stock, it is important to understand the factors that can impact its price. Forestar Group secures Sharpe Ratio (or Efficiency) of -0.0762, which denotes the company had a -0.0762% return per unit of risk over the last 3 months. Forestar Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forestar's Mean Deviation of 1.26, variance of 3.03, and Standard Deviation of 1.74 to check the risk estimate we provide.
At this time, Forestar's Total Stockholder Equity is relatively stable compared to the past year. As of 11/22/2024, 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 11/22/2024, 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.
IPO Date 12th of December 2007 | 200 Day MA 32.687 | 50 Day MA 31.6724 | Beta 1.763 |
Forestar |
Sharpe Ratio = -0.0762
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Estimated Market Risk
1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forestar 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 Forestar by adding Forestar to a well-diversified portfolio.
Price Book 0.9259 | Enterprise Value Ebitda 7.0198 | Price Sales 0.9779 | Shares Float 19 M | Wall Street Target Price 39.75 |
Forestar Valuation on October 3, 2024
It is possible to determine the worth of Forestar on a given historical date. On October 3, 2024 Forestar was worth 31.68 at the beginning of the trading date compared to the closed value of 32.08. 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 | |
32.10 | 32.44 | 31.64 | 31.85 | 71,497 | |
10/03/2024 | 31.68 | 32.31 | 31.57 | 32.08 | 84,581 |
32.61 | 32.62 | 31.85 | 32.35 | 82,087 |
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Forestar Trading Date Momentum on October 3, 2024
On October 04 2024 Forestar Group was traded for 32.35 at the closing time. Highest Forestar's price during the trading hours was 32.62 and the lowest price during the day was 31.85 . The net volume was 82.1 K. The overall trading history on the 4th of October contributed to the next trading period price gain. The overall trading delta to the next next day price was 0.84% . The overall trading delta to current price is 1.34% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 50.8 M | 44.4 M | |
Net Income Applicable To Common Shares | 191.9 M | 201.5 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.
Price Boundaries
Forestar Period Price Range
Low | November 22, 2024
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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 22, 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.
Risk Adjusted Performance | (0) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (0.03) |
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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.