Forwardly Stock Market Value
| FORW Stock | USD 0.01 0.0001 1.39% |
| Symbol | Forwardly |
Forwardly 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Forwardly's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Forwardly.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Forwardly on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Forwardly or generate 0.0% return on investment in Forwardly over 60 days. Forwardly Inc. provides identity theft solutions for individuals, groups, and corporations in the United States More
Forwardly Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Forwardly's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Forwardly upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.88 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 44.83 | |||
| Value At Risk | (14.06) | |||
| Potential Upside | 13.33 |
Forwardly Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forwardly's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forwardly's standard deviation. In reality, there are many statistical measures that can use Forwardly historical prices to predict the future Forwardly's volatility.| Risk Adjusted Performance | 0.0101 | |||
| Jensen Alpha | 0.0812 | |||
| Total Risk Alpha | (1.28) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0) |
Forwardly Backtested Returns
At this stage we consider Forwardly Pink Sheet to be out of control. Forwardly secures Sharpe Ratio (or Efficiency) of 0.0192, which denotes the company had a 0.0192% return per unit of risk over the last 3 months. We have found thirty technical indicators for Forwardly, which you can use to evaluate the volatility of the firm. Please confirm Forwardly's Downside Deviation of 8.88, coefficient of variation of 71759.0, and Mean Deviation of 5.81 to check if the risk estimate we provide is consistent with the expected return of 0.16%. Forwardly has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.66, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Forwardly are expected to decrease at a much lower rate. During the bear market, Forwardly is likely to outperform the market. Forwardly right now shows a risk of 8.21%. Please confirm Forwardly potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Forwardly will be following its price patterns.
Auto-correlation | -0.32 |
Poor reverse predictability
Forwardly has poor reverse predictability. Overlapping area represents the amount of predictability between Forwardly time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Forwardly price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Forwardly price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Forwardly lagged returns against current returns
Autocorrelation, which is Forwardly pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Forwardly's pink sheet expected returns. We can calculate the autocorrelation of Forwardly returns to help us make a trade decision. For example, suppose you find that Forwardly has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Forwardly regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Forwardly pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forwardly pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forwardly pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Forwardly Lagged Returns
When evaluating Forwardly's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forwardly pink sheet have on its future price. Forwardly autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Forwardly autocorrelation shows the relationship between Forwardly pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Forwardly.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Forwardly Pink Sheet Analysis
When running Forwardly's price analysis, check to measure Forwardly'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 Forwardly is operating at the current time. Most of Forwardly's value examination focuses on studying past and present price action to predict the probability of Forwardly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forwardly's price. Additionally, you may evaluate how the addition of Forwardly to your portfolios can decrease your overall portfolio volatility.