Forum Energy Number Of Shares Shorted vs. Price To Sales
| FET Stock | USD 15.17 0.01 0.07% |
For Forum Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Forum Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Forum Energy Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Forum Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Forum Energy Technologies over time as well as its relative position and ranking within its peers.
Forum |
Forum Energy's Revenue Breakdown by Earning Segment
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Is Oil & Gas Equipment & Services 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 Energy. 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 Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share (4.23) | Revenue Per Share 68.014 | Quarterly Revenue Growth 0.159 | Return On Assets 0.0226 |
The market value of Forum Energy Technologies 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy'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 Energy's market value can be influenced by many factors that don't directly affect Forum Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forum Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Energy'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 Energy Technologies Price To Sales vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Forum Energy's current stock value. Our valuation model uses many indicators to compare Forum Energy value to that of its competitors to determine the firm's financial worth. Forum Energy Technologies is rated below average in number of shares shorted category among its peers. It also is rated below average in price to sales category among its peers . The ratio of Number Of Shares Shorted to Price To Sales for Forum Energy Technologies is about 375,915 . At this time, Forum Energy's Price To Sales Ratio is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Forum Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Forum Price To Sales vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Forum Energy |
| = | 87.51 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Forum Energy |
| = | 0.23 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Forum Price To Sales Comparison
Forum Energy is currently under evaluation in price to sales category among its peers.
Forum Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Forum Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Forum Energy will eventually generate negative long term returns. The profitability progress is the general direction of Forum Energy's change in net profit over the period of time. It can combine multiple indicators of Forum Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -115.2 M | -109.5 M | |
| Operating Income | 23.8 M | 25 M | |
| Income Before Tax | -7.8 M | -8.2 M | |
| Total Other Income Expense Net | -31.6 M | -33.2 M | |
| Net Loss | -18.9 M | -19.8 M | |
| Income Tax Expense | 11.1 M | 10.3 M | |
| Net Income Applicable To Common Shares | 3.3 M | 3.5 M | |
| Net Loss | -14.9 M | -15.7 M | |
| Non Operating Income Net Other | -6.3 M | -6 M | |
| Interest Income | 8.1 M | 7.6 M | |
| Net Interest Income | -21.7 M | -22.7 M | |
| Change To Netincome | 8.5 M | 8.1 M | |
| Net Loss | (1.85) | (1.94) | |
| Income Quality | (0.43) | (0.41) | |
| Net Income Per E B T | 2.42 | 2.54 |
Forum Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Forum Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Forum Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Forum Energy's important profitability drivers and their relationship over time.
Use Forum Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forum Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forum Energy will appreciate offsetting losses from the drop in the long position's value.Forum Energy Pair Trading
Forum Energy Technologies Pair Trading Analysis
The ability to find closely correlated positions to Forum Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forum Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forum Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forum Energy Technologies to buy it.
The correlation of Forum Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forum Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forum Energy Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forum Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Forum Energy position
In addition to having Forum Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Companies involved in production and distribution of electric, gas, water, and other energy utilities. The Basic Utilities theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Basic Utilities Theme or any other thematic opportunities.
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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.