Forum Mobile Stock Market Value
| FRMB Stock | USD 0.0001 0.00 0.00% |
| Symbol | Forum |
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forum Mobile. If investors know Forum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forum Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.006 | Quarterly Revenue Growth (0.55) | Return On Assets (0.55) |
The market value of Forum Mobile is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Mobile's value that differs from its market value or its book value, called intrinsic value, which is Forum Mobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forum Mobile's market value can be influenced by many factors that don't directly affect Forum Mobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forum Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forum Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Mobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Forum Mobile '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 Forum Mobile's stock 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 Forum Mobile.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Forum Mobile on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Forum Mobile or generate 0.0% return on investment in Forum Mobile over 30 days. Forum Mobile is related to or competes with Bill, Eastman Chemical, Joint Stock, Origin Materials, Ecolab, Axalta Coating, and NL Industries. Forum Mobile, Inc. provides mobile virtual network enabling solutions More
Forum Mobile 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 Forum Mobile's stock 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 Forum Mobile upside and downside potential and time the market with a certain degree of confidence.
Forum Mobile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forum Mobile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forum Mobile's standard deviation. In reality, there are many statistical measures that can use Forum Mobile historical prices to predict the future Forum Mobile's volatility.Forum Mobile Backtested Returns
We have found three technical indicators for Forum Mobile, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Forum Mobile are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Forum Mobile has no correlation between past and present. Overlapping area represents the amount of predictability between Forum Mobile time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Forum Mobile price movement. The serial correlation of 0.0 indicates that just 0.0% of current Forum Mobile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Forum Mobile lagged returns against current returns
Autocorrelation, which is Forum Mobile stock'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 Forum Mobile's stock expected returns. We can calculate the autocorrelation of Forum Mobile returns to help us make a trade decision. For example, suppose you find that Forum Mobile has exhibited high autocorrelation historically, and you observe that the stock 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 |
Forum Mobile 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 Forum Mobile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forum Mobile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forum Mobile stock over time.
Current vs Lagged Prices |
| Timeline |
Forum Mobile Lagged Returns
When evaluating Forum Mobile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forum Mobile stock have on its future price. Forum Mobile 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, Forum Mobile autocorrelation shows the relationship between Forum Mobile stock current value and its past values and can show if there is a momentum factor associated with investing in Forum Mobile.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Forum Mobile offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forum Mobile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forum Mobile Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forum Mobile Stock:Check out Forum Mobile Correlation, Forum Mobile Volatility and Forum Mobile Alpha and Beta module to complement your research on Forum Mobile. For information on how to trade Forum Stock refer to our How to Trade Forum Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Forum Mobile 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, stock market cycles, or different charting patterns.