Forian Inc Stock Price on January 27, 2025
FORA Stock | USD 2.40 0.04 1.64% |
If you're considering investing in Forian Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forian stands at 2.40, as last reported on the 7th of February, with the highest price reaching 2.55 and the lowest price hitting 2.40 during the day. Forian appears to be risky, given 3 months investment horizon. Forian Inc secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Forian Inc, which you can use to evaluate the volatility of the firm. Please utilize Forian's Downside Deviation of 2.33, mean deviation of 1.87, and Coefficient Of Variation of 940.91 to check if our risk estimates are consistent with your expectations.
As of February 7, 2025, Total Stockholder Equity is expected to decline to about 16.4 M. In addition to that, Common Stock Total Equity is expected to decline to about 15.9 K. At present, Forian's Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 3.39, whereas Price To Sales Ratio is forecasted to decline to 5.01. Forian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Forian |
Sharpe Ratio = 0.1272
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Estimated Market Risk
2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Forian is performing at about 10% 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 Forian by adding it to a well-diversified portfolio.
Price Book 2.8139 | Enterprise Value Ebitda 20.052 | Price Sales 3.7149 | Shares Float 15.6 M | Wall Street Target Price 5 |
Forian Main Headline on 27th of January 2025
3 Promising US Penny Stocks With At Least 20M Market Cap - S... by news.google.com
3 Promising US Penny Stocks With At Least 20M Market Cap Simply Wall St
Forian Valuation on January 27, 2025
It is possible to determine the worth of Forian on a given historical date. On January 27, 2025 Forian was worth 2.1 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forian stock. Still, in general, we apply an absolute valuation method to find Forian'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 Forian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forian's related companies.
Open | High | Low | Close | Volume | |
2.15 | 2.28 | 2.15 | 2.22 | 21,531 | |
01/27/2025 | 2.10 | 2.63 | 2.10 | 2.18 | 50,632 |
2.22 | 2.25 | 2.11 | 2.15 | 8,384 |
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Forian Trading Date Momentum on January 27, 2025
On January 28 2025 Forian Inc was traded for 2.15 at the closing time. The top price for the day was 2.25 and the lowest listed price was 2.11 . The trading volume for the day was 8.4 K. The trading history from January 28, 2025 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.38% . The overall trading delta against the current closing price is 13.76% . |
Forian Inc Fundamentals Correlations and Trends
By evaluating Forian'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 Forian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forian Stock history
Forian 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 Forian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forian Inc 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 Forian stock prices may prove useful in developing a viable investing in Forian
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 37.1 M | 34.3 M | |
Net Loss | -23.4 M | -24.5 M |
Forian Quarterly Net Working Capital |
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Forian Stock Technical Analysis
Forian 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
Forian Period Price Range
Low | February 7, 2025
| High |
0.00 | 0.00 |
Forian Inc 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.
Forian February 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Forian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forian shares will generate the highest return on investment. By undertsting and applying Forian stock market strength indicators, traders can identify Forian Inc entry and exit signals to maximize returns
Forian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forian's price direction in advance. Along with the technical and fundamental analysis of Forian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forian 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 | 0.0949 | |||
Jensen Alpha | 0.2378 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0703 | |||
Treynor Ratio | 1.64 |
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Volume Indicators |
Complementary Tools for Forian Stock analysis
When running Forian's price analysis, check to measure Forian'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 Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
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