Forward Industries Stock Price on November 18, 2024

FORD Stock  USD 6.11  0.15  2.52%   
Below is the normalized historical share price chart for Forward Industries extending back to November 06, 1984. 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 Forward Industries stands at 6.11, as last reported on the 31st of January, with the highest price reaching 6.19 and the lowest price hitting 6.00 during the day.
IPO Date
15th of June 1995
200 Day MA
4.4196
50 Day MA
4.8108
Beta
0.403
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Forward Stock, it is important to understand the factors that can impact its price. Forward Industries appears to be moderately volatile, given 3 months investment horizon. Forward Industries secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25 % return per unit of risk over the last 3 months. By reviewing Forward Industries' technical indicators, you can evaluate if the expected return of 0.94% is justified by implied risk. Please utilize Forward Industries' Downside Deviation of 2.91, mean deviation of 2.64, and Coefficient Of Variation of 412.48 to check if our risk estimates are consistent with your expectations.
  
At present, Forward Industries' Capital Stock is projected to increase significantly based on the last few years of reporting. . At present, Forward Industries' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 12.18, whereas Price Earnings Ratio is projected to grow to (2.30). Forward Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2511

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Estimated Market Risk

 3.76
  actual daily
33
67% of assets are more volatile

Expected Return

 0.94
  actual daily
18
82% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Forward Industries is performing at about 19% 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 Forward Industries by adding it to a well-diversified portfolio.
Price Book
8.7708
Enterprise Value Ebitda
20.8945
Price Sales
0.1987
Shares Float
770.6 K
Wall Street Target Price
2.28

Forward Industries Valuation on November 18, 2024

It is possible to determine the worth of Forward Industries on a given historical date. On November 18, 2024 Forward was worth 4.0 at the beginning of the trading date compared to the closed value of 3.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forward Industries stock. Still, in general, we apply an absolute valuation method to find Forward Industries' 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 Forward Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forward Industries' related companies.
 Open High Low Close Volume
  4.08    4.15    3.97    4.00    5,703  
11/18/2024
  4.00    4.06    3.86    3.95    12,469  
  3.89    4.00    3.85    3.87    5,564  
Backtest Forward Industries  |  Forward Industries History  |  Forward Industries Valuation   PreviousNext  
Open Value
4.0
3.95
Closing Value
15.29
Upside

Forward Industries Trading Date Momentum on November 18, 2024

On November 19 2024 Forward Industries was traded for  3.87  at the closing time. The top price for the day was 4.00  and the lowest listed price was  3.85 . The trading volume for the day was 5.6 K. The trading history from November 19, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.03% . The overall trading delta against the current closing price is 2.53% .

Forward Industries Fundamentals Correlations and Trends

By evaluating Forward Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forward Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forward financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Forward Industries Stock history

Forward Industries 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 Forward is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forward Industries 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 Forward Industries stock prices may prove useful in developing a viable investing in Forward Industries
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 M1.2 M
Net Loss-1.2 M-1.2 M

Forward Industries Stock Technical Analysis

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

Forward Industries Period Price Range

Low
January 31, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Forward Industries 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.

Forward Industries January 31, 2025 Market Strength

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

Forward Industries Technical and Predictive Indicators

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

Complementary Tools for Forward Stock analysis

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