ForgeRock Price on May 10, 2023
FORGDelisted Stock | USD 20.39 0.03 0.15% |
If you're considering investing in ForgeRock Stock, it is important to understand the factors that can impact its price. As of today, the current price of ForgeRock stands at 20.39, as last reported on the 26th of November, with the highest price reaching 20.49 and the lowest price hitting 20.05 during the day. We have found twenty-three technical indicators for ForgeRock, which you can use to evaluate the volatility of the firm. Please confirm ForgeRock's Standard Deviation of 1.09, variance of 1.18, and Mean Deviation of 0.7848 to check if the risk estimate we provide is consistent with the expected return of 0.0%.
ForgeRock Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ForgeRock |
Sharpe Ratio = 0.0
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Based on monthly moving average ForgeRock 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 ForgeRock by adding ForgeRock to a well-diversified portfolio.
ForgeRock Valuation on May 10, 2023
It is possible to determine the worth of ForgeRock on a given historical date. On May 10, 2023 ForgeRock was worth 20.14 at the beginning of the trading date compared to the closed value of 20.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ForgeRock stock. Still, in general, we apply an absolute valuation method to find ForgeRock'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 ForgeRock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ForgeRock's related companies.
Open | High | Low | Close | Volume | |
19.65 | 20.08 | 19.65 | 20.05 | 835,708 | |
05/10/2023 | 20.14 | 20.44 | 20.06 | 20.36 | 709,289 |
20.10 | 20.36 | 19.93 | 20.15 | 513,766 |
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ForgeRock Trading Date Momentum on May 10, 2023
On May 11 2023 ForgeRock was traded for 20.15 at the closing time. The top price for the day was 20.36 and the lowest listed price was 19.93 . The trading volume for the day was 513.8 K. The trading history from May 11, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.03% . The overall trading delta against the current closing price is 2.50% . |
ForgeRock Fundamentals Correlations and Trends
By evaluating ForgeRock'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 ForgeRock's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ForgeRock financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ForgeRock Stock history
ForgeRock 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 ForgeRock is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ForgeRock 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 ForgeRock stock prices may prove useful in developing a viable investing in ForgeRock
ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces , microservices, devices, and the Internet of things worldwide. ForgeRock, Inc. was founded in 2009 and is headquartered in San Francisco, California. Forgerock Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 786 people.
ForgeRock Stock Technical Analysis
ForgeRock 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
ForgeRock Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
ForgeRock 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.
ForgeRock November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how ForgeRock stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ForgeRock shares will generate the highest return on investment. By undertsting and applying ForgeRock stock market strength indicators, traders can identify ForgeRock entry and exit signals to maximize returns
ForgeRock Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ForgeRock's price direction in advance. Along with the technical and fundamental analysis of ForgeRock Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ForgeRock 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 | (0.01) | |||
Jensen Alpha | 0.0023 | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | 0.1073 |
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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in ForgeRock Stock
If you are still planning to invest in ForgeRock check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ForgeRock's history and understand the potential risks before investing.
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