Foraco International Sa Stock Price on June 23, 2023
FRACF Stock | USD 1.50 0.07 4.46% |
If you're considering investing in Foraco Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Foraco International stands at 1.50, as last reported on the 29th of November, with the highest price reaching 1.50 and the lowest price hitting 1.50 during the day. Foraco International secures Sharpe Ratio (or Efficiency) of -0.0747, which denotes the company had a -0.0747% return per unit of risk over the last 3 months. Foraco International SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foraco International's Variance of 6.19, mean deviation of 1.25, and Standard Deviation of 2.49 to check the risk estimate we provide.
Foraco Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Foraco |
Sharpe Ratio = -0.0747
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | FRACF |
Estimated Market Risk
2.46 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Foraco International 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 Foraco International by adding Foraco International to a well-diversified portfolio.
Foraco International Valuation on June 23, 2023
It is possible to determine the worth of Foraco International on a given historical date. On June 23, 2023 Foraco was worth 1.24 at the beginning of the trading date compared to the closed value of 1.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Foraco International pink sheet. Still, in general, we apply an absolute valuation method to find Foraco International'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 Foraco International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Foraco International's related companies.
Open | High | Low | Close | Volume | |
1.24 | 1.24 | 1.24 | 1.24 | 1.00 | |
06/23/2023 | 1.24 | 1.24 | 1.24 | 1.24 | 1.00 |
1.24 | 1.24 | 1.24 | 1.24 | 1.00 |
Backtest Foraco International | | | Foraco International History | | | Foraco International Valuation | Previous | Next |
Foraco International Trading Date Momentum on June 23, 2023
On June 26 2023 Foraco International SA was traded for 1.24 at the closing time. The highest daily price throughout the period was 1.24 and the lowest price was 1.24 . There was no trading activity during the period 1.0. Lack of trading volume on 06/26/2023 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Foraco International Fundamentals Correlations and Trends
By evaluating Foraco International'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 Foraco International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Foraco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Foraco International Pink Sheet history
Foraco International 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 Foraco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Foraco International 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 Foraco International stock prices may prove useful in developing a viable investing in Foraco International
Foraco International SA, together with its subsidiaries, provides drilling services worldwide. The company was founded in 1961 and is headquartered in Marseille, France. Foraco Intl operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 2937 people.
Foraco International Pink Sheet Technical Analysis
Foraco International technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Foraco International Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Foraco International SA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Foraco International November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Foraco International pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foraco International shares will generate the highest return on investment. By undertsting and applying Foraco International pink sheet market strength indicators, traders can identify Foraco International SA entry and exit signals to maximize returns
Foraco International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Foraco International's price direction in advance. Along with the technical and fundamental analysis of Foraco Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Foraco 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 | (0.06) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.59) | |||
Treynor Ratio | (0.54) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Foraco Pink Sheet analysis
When running Foraco International's price analysis, check to measure Foraco International'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 Foraco International is operating at the current time. Most of Foraco International's value examination focuses on studying past and present price action to predict the probability of Foraco International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foraco International's price. Additionally, you may evaluate how the addition of Foraco International to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |