Forian Inc Stock Performance
| FORA Stock | USD 2.02 0.14 6.48% |
The firm shows a Beta (market volatility) of -0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Forian are expected to decrease at a much lower rate. During the bear market, Forian is likely to outperform the market. At this point, Forian Inc has a negative expected return of -0.3%. Please make sure to confirm Forian's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Forian Inc performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Weak | Strong |
Very Weak
Over the last 90 days Forian Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return 1.49 | Five Day Return 0.49 | Year To Date Return (44.44) | Ten Year Return (91.05) | All Time Return (91.05) |
Last Split Factor 1:20 | Last Split Date 2021-03-03 |
1 | Acquisition by Kassam-adams Shahir of 5800 shares of Forian at 2.25 subject to Rule 16b-3 | 09/13/2024 |
2 | Disposition of 3336 shares by Michael Vesey of Forian at 2.45 subject to Rule 16b-3 | 09/24/2024 |
3 | Acquisition by Adler Mark J Md of 15000 shares of Forian subject to Rule 16b-3 | 10/04/2024 |
4 | Are Options Traders Betting on a Big Move in Forian Stock | 10/08/2024 |
5 | Discretionary transaction by Max Wygod Family Dynasty Trust of tradable shares of Forian subject to Rule 16b-3 | 11/01/2024 |
6 | Acquisition by Michael Vesey of 200000 shares of Forian subject to Rule 16b-3 | 11/08/2024 |
7 | Forian Inc. Surpasses Q3 Earnings Estimates | 11/13/2024 |
8 | Forian Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com | 11/21/2024 |
| Begin Period Cash Flow | 2.8 M | |
| Free Cash Flow | 653.3 K |
Forian |
Forian Relative Risk vs. Return Landscape
If you would invest 247.00 in Forian Inc on August 28, 2024 and sell it today you would lose (45.00) from holding Forian Inc or give up 18.22% of portfolio value over 90 days. Forian Inc is currently does not generate positive expected returns and assumes 1.7354% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Forian, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Forian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forian's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Forian Inc, and traders can use it to determine the average amount a Forian'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 = -0.1721
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FORA |
Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forian 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 Forian by adding Forian to a well-diversified portfolio.
Forian Fundamentals Growth
Forian Stock prices reflect investors' perceptions of the future prospects and financial health of Forian, and Forian 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 Forian Stock performance.
| Return On Equity | 0.0563 | ||||
| Return On Asset | -0.0632 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | (0.42) % | ||||
| Current Valuation | 37.69 M | ||||
| Shares Outstanding | 31.02 M | ||||
| Price To Book | 2.33 X | ||||
| Price To Sales | 3.08 X | ||||
| Revenue | 20.48 M | ||||
| Gross Profit | 21.13 M | ||||
| EBITDA | 2.75 M | ||||
| Net Income | 1.73 M | ||||
| Cash And Equivalents | 20.63 M | ||||
| Cash Per Share | 0.64 X | ||||
| Total Debt | 24.88 M | ||||
| Debt To Equity | 1.79 % | ||||
| Current Ratio | 3.30 X | ||||
| Book Value Per Share | 0.85 X | ||||
| Cash Flow From Operations | 728.82 K | ||||
| Earnings Per Share | (0.15) X | ||||
| Market Capitalization | 62.65 M | ||||
| Total Asset | 58.89 M | ||||
| Retained Earnings | (47.69 M) | ||||
| Working Capital | 50.44 M | ||||
About Forian Performance
By analyzing Forian's fundamental ratios, stakeholders can gain valuable insights into Forian's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Forian 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 Forian has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 46.20 | 48.51 | |
| Return On Tangible Assets | 0.19 | 0.20 | |
| Return On Capital Employed | (0.11) | (0.10) | |
| Return On Assets | 0.19 | 0.20 | |
| Return On Equity | 0.42 | 0.31 |
Things to note about Forian Inc performance evaluation
Checking the ongoing alerts about Forian for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Forian Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Forian Inc generated a negative expected return over the last 90 days | |
| Forian Inc has high likelihood to experience some financial distress in the next 2 years | |
| Forian Inc has a poor financial position based on the latest SEC disclosures | |
| About 52.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Forian Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
- Analyzing Forian'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 Forian's stock is overvalued or undervalued compared to its peers.
- Examining Forian'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 Forian's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Forian's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Forian's stock. These opinions can provide insight into Forian's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Forian Stock analysis
When running Forian's price analysis, check to measure Forian'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 Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
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