Forza X1 Performance
| FRZADelisted Stock | USD 0.24 0.03 14.29% |
On a scale of 0 to 100, Forza X1 holds a performance score of 2. The firm shows a Beta (market volatility) of 0.11, which means not very significant fluctuations relative to the market. As returns on the market increase, Forza X1's returns are expected to increase less than the market. However, during the bear market, the loss of holding Forza X1 is expected to be smaller as well. Please check Forza X1's skewness, as well as the relationship between the rate of daily change and price action indicator , to make a quick decision on whether Forza X1's price patterns will revert.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Forza X1 are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat unfluctuating basic indicators, Forza X1 sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 12.8 M | |
| Free Cash Flow | -7 M |
Forza |
Forza X1 Relative Risk vs. Return Landscape
If you would invest 25.00 in Forza X1 on August 28, 2024 and sell it today you would lose (1.00) from holding Forza X1 or give up 4.0% of portfolio value over 90 days. Forza X1 is currently generating 0.2911% in daily expected returns and assumes 9.3004% risk (volatility on return distribution) over the 90 days horizon. In different words, 82% of stocks are less volatile than Forza, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Forza X1 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forza X1's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Forza X1, and traders can use it to determine the average amount a Forza X1'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 = 0.0313
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Estimated Market Risk
| 9.3 actual daily | 82 82% of assets are less volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Forza X1 is performing at about 2% of its full potential. 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 Forza X1 by adding it to a well-diversified portfolio.
Forza X1 Fundamentals Growth
Forza Stock prices reflect investors' perceptions of the future prospects and financial health of Forza X1, and Forza X1 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 Forza Stock performance.
| Return On Equity | -0.64 | ||||
| Return On Asset | -0.41 | ||||
| Current Valuation | (5.07 M) | ||||
| Shares Outstanding | 15.76 M | ||||
| Price To Book | 0.24 X | ||||
| Price To Sales | 80.71 X | ||||
| Revenue | 37.12 K | ||||
| EBITDA | (6.41 M) | ||||
| Cash And Equivalents | 258.39 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 346.41 K | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | 0.26 X | ||||
| Cash Flow From Operations | (4.22 M) | ||||
| Earnings Per Share | (0.37) X | ||||
| Total Asset | 16.92 M | ||||
| Retained Earnings | (10.02 M) | ||||
About Forza X1 Performance
By analyzing Forza X1's fundamental ratios, stakeholders can gain valuable insights into Forza X1's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Forza X1 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 Forza X1 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Forza X1, Inc. focuses on designing, developing, and manufacturing fully electric boats in the United States. Forza X1, Inc. operates as a subsidiary of Twin Vee Powercats Co. Forza X1 operates under Recreational Vehicles classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.Things to note about Forza X1 performance evaluation
Checking the ongoing alerts about Forza X1 for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Forza X1 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Forza X1 is not yet fully synchronised with the market data | |
| Forza X1 had very high historical volatility over the last 90 days | |
| Forza X1 has some characteristics of a very speculative penny stock | |
| Forza X1 has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 37.12 K. Net Loss for the year was (5.93 M) with loss before overhead, payroll, taxes, and interest of (232.74 K). | |
| Forza X1 currently holds about 258.39 K in cash with (4.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 45.0% of the company shares are held by company insiders |
- Analyzing Forza X1'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 Forza X1's stock is overvalued or undervalued compared to its peers.
- Examining Forza X1'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 Forza X1's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Forza X1's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Forza X1's stock. These opinions can provide insight into Forza X1's potential for growth and whether the stock is currently undervalued or overvalued.
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 nation. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Forza Stock
If you are still planning to invest in Forza X1 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 Forza X1's history and understand the potential risks before investing.
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