ForgeRock Operating Margin vs. Cash Per Share
| FORGDelisted Stock | USD 20.39 0.03 0.15% |
For ForgeRock profitability analysis, we use financial ratios and fundamental drivers that measure the ability of ForgeRock to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well ForgeRock utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between ForgeRock's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of ForgeRock over time as well as its relative position and ranking within its peers.
ForgeRock |
ForgeRock Cash Per Share vs. Operating Margin Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining ForgeRock's current stock value. Our valuation model uses many indicators to compare ForgeRock value to that of its competitors to determine the firm's financial worth. ForgeRock is rated below average in operating margin category among its peers. It is rated below average in cash per share category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value ForgeRock 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.ForgeRock Cash Per Share vs. Operating Margin
Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
ForgeRock |
| = | (0.28) % |
A good Operating Margin is required for a company to be able to pay for its fixed costs or payout its debt, which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against a firm's competitors.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
ForgeRock |
| = | 4.08 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
ForgeRock Cash Per Share Comparison
ForgeRock is currently under evaluation in cash per share category among its peers.
ForgeRock Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in ForgeRock, profitability is also one of the essential criteria for including it into their portfolios because, without profit, ForgeRock will eventually generate negative long term returns. The profitability progress is the general direction of ForgeRock's change in net profit over the period of time. It can combine multiple indicators of ForgeRock, 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.
ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces , microservices, devices, and the Internet of things worldwide. ForgeRock, Inc. was founded in 2009 and is headquartered in San Francisco, California. Forgerock Inc operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 786 people.
ForgeRock Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on ForgeRock. 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 ForgeRock 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 ForgeRock's important profitability drivers and their relationship over time.
Use ForgeRock 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 ForgeRock 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 ForgeRock will appreciate offsetting losses from the drop in the long position's value.ForgeRock Pair Trading
ForgeRock Pair Trading Analysis
The ability to find closely correlated positions to ForgeRock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ForgeRock 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 ForgeRock - 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 ForgeRock to buy it.
The correlation of ForgeRock 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 ForgeRock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ForgeRock 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 ForgeRock 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 ForgeRock position
In addition to having ForgeRock 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?
Run Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 42 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 Junk Bonds Funds Theme or any other thematic opportunities.
| View All Next | Launch |
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 metropolitan statistical area. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Other Consideration for investing in ForgeRock Stock
If you are still planning to invest in ForgeRock 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 ForgeRock's history and understand the potential risks before investing.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |