ForgeRock Introduces New Partner Program to Accelerate Growth
| FORGDelisted Stock | USD 20.39 0.03 0.15% |
Roughly 55% of ForgeRock's investor base is interested to short. The analysis of current outlook of investing in ForgeRock suggests that many traders are impartial regarding ForgeRock's prospects. The current market sentiment, together with ForgeRock's historical and current headlines, can help investors time the market. In addition, many technical investors use ForgeRock stock news signals to limit their universe of possible portfolio assets.
ForgeRock |
SAN FRANCISCO, May 22, 2023 ForgeRock , a global digital identity leader, today announced the launch of a new partner program that now provides a comprehensive set of benefits that will drive growth and help ForgeRock partners deliver remarkable customer experiences. To lead the new program, ForgeRock has hired Chris Westfall as Vice President of Global Partner Strategy, Programs and Operations, who brings expertise from over 20 years of partner ecosystem leadership across the soft
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ForgeRock Fundamental Analysis
We analyze ForgeRock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ForgeRock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ForgeRock based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Z Score
Z Score Comparative Analysis
ForgeRock is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
ForgeRock Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ForgeRock stock to make a market-neutral strategy. Peer analysis of ForgeRock could also be used in its relative valuation, which is a method of valuing ForgeRock by comparing valuation metrics with similar companies.
Peers
ForgeRock Related Equities
| GB | Global Blue | 1.15 | ||||
| BASE | Couchbase | 0.89 | ||||
| EVTC | Evertec | 0.42 | ||||
| CSGS | CSG Systems | 0.40 | ||||
| AVDX | AvidXchange Holdings | 0.17 | ||||
| IIIV | I3 Verticals | 0.24 | ||||
| NTCT | NetScout Systems | 0.64 | ||||
| CCSI | Consensus Cloud | 2.16 | ||||
| FLYW | Flywire Corp | 2.53 |
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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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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