Forum Energy Metals Stock Performance
| FMC Stock | CAD 0.05 0.01 16.67% |
The firm shows a Beta (market volatility) of 0.99, which means possible diversification benefits within a given portfolio. Forum Energy returns are very sensitive to returns on the market. As the market goes up or down, Forum Energy is expected to follow. At this point, Forum Energy Metals has a negative expected return of -1.24%. Please make sure to confirm Forum Energy's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Forum Energy Metals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Forum Energy Metals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in February 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:15 | Ex Dividend Date 2006-04-26 | Last Split Date 2013-01-03 |
1 | Forum Energy Extends Uranium Find at Tatiggaq - TipRanks | 11/26/2024 |
2 | London Symposium JV Video Forum Energy Metals aims to open new uranium district in Nunavut - The Northern Miner | 12/23/2024 |
| Begin Period Cash Flow | 1.9 M |
Forum |
Forum Energy Relative Risk vs. Return Landscape
If you would invest 13.00 in Forum Energy Metals on October 23, 2024 and sell it today you would lose (8.00) from holding Forum Energy Metals or give up 61.54% of portfolio value over 90 days. Forum Energy Metals is currently producing negative expected returns and takes up 8.0151% volatility of returns over 90 trading days. Put another way, 71% of traded stocks are less volatile than Forum, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Forum Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forum Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Forum Energy Metals, and traders can use it to determine the average amount a Forum Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1546
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FMC |
Estimated Market Risk
| 8.02 actual daily | 71 71% of assets are less volatile |
Expected Return
| -1.24 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forum Energy 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 Forum Energy by adding Forum Energy to a well-diversified portfolio.
Forum Energy Fundamentals Growth
Forum Stock prices reflect investors' perceptions of the future prospects and financial health of Forum Energy, and Forum Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Forum Stock performance.
| Return On Equity | -2.57 | ||||
| Return On Asset | -1.22 | ||||
| Current Valuation | 10.46 M | ||||
| Shares Outstanding | 294.56 M | ||||
| Price To Book | 4.42 X | ||||
| EBITDA | (6.46 M) | ||||
| Net Income | (5.36 M) | ||||
| Cash And Equivalents | 208.44 K | ||||
| Total Debt | 1.27 M | ||||
| Debt To Equity | 2.90 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (6.7 M) | ||||
| Earnings Per Share | (0.03) X | ||||
| Market Capitalization | 14.73 M | ||||
| Total Asset | 3.45 M | ||||
| Retained Earnings | (66.04 M) | ||||
| Working Capital | 1.02 M | ||||
About Forum Energy Performance
Evaluating Forum Energy's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Forum Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Forum Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 114.21 | 108.50 | |
| Return On Tangible Assets | (1.79) | (1.70) | |
| Return On Capital Employed | (3.42) | (3.25) | |
| Return On Assets | (1.79) | (1.70) | |
| Return On Equity | (2.83) | (2.69) |
Things to note about Forum Energy Metals performance evaluation
Checking the ongoing alerts about Forum Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Forum Energy Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Forum Energy Metals generated a negative expected return over the last 90 days | |
| Forum Energy Metals has high historical volatility and very poor performance | |
| Forum Energy Metals has some characteristics of a very speculative penny stock | |
| Forum Energy Metals has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (5.36 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Forum Energy Metals has accumulated about 208.44 K in cash with (6.7 M) of positive cash flow from operations. |
- Analyzing Forum Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Forum Energy's stock is overvalued or undervalued compared to its peers.
- Examining Forum Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Forum Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Forum Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Forum Energy's stock. These opinions can provide insight into Forum Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Forum Stock Analysis
When running Forum Energy's price analysis, check to measure Forum Energy'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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.