Foraco International Sa Stock Price on September 9, 2024

FRACF Stock  USD 1.59  0.06  3.64%   
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 1.59, as last reported on the 22nd of November, with the highest price reaching 1.59 and the lowest price hitting 1.59 during the day. Foraco International secures Sharpe Ratio (or Efficiency) of -0.0783, which denotes the company had a -0.0783% return per unit of risk over the last 3 months. Foraco International SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foraco International's Standard Deviation of 2.66, variance of 7.1, and Mean Deviation of 1.26 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.

Sharpe Ratio = -0.0783

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Estimated Market Risk

 2.54
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.2
  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 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 September 9, 2024

It is possible to determine the worth of Foraco International on a given historical date. On September 9, 2024 Foraco was worth 1.45 at the beginning of the trading date compared to the closed value of 1.45. 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
  1.60    1.60    1.45    1.45    5,100  
09/09/2024
  1.45    1.45    1.45    1.45    400.00  
  1.37    1.38    1.37    1.38    5,600  
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Open Value
1.45
1.45
Closing Value
9.08
Upside

Foraco International Trading Date Momentum on September 9, 2024

On September 10 2024 Foraco International SA was traded for  1.38  at the closing time. The highest daily price throughout the period was 1.38  and the lowest price was  1.37 . The daily volume was 5.6 K. The net trading volume on 09/10/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 4.83% . The overall trading delta to current closing price is 3.45% .

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

Foraco International Period Price Range

Low
November 22, 2024
0.00  NaN%
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 22, 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.

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.
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