Forza X1 Alpha and Beta Analysis
| FRZADelisted Stock | USD 0.24 0.03 14.29% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Forza X1. It also helps investors analyze the systematic and unsystematic risks associated with investing in Forza X1 over a specified time horizon. Remember, high Forza X1's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Forza X1's market risk premium analysis include:
Beta 0.67 | Alpha (0.47) | Risk 9.08 | Sharpe Ratio 0.0308 | Expected Return 0.28 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Forza |
Forza X1 Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Forza X1 market risk premium is the additional return an investor will receive from holding Forza X1 long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Forza X1. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Forza X1's performance over market.| α | -0.47 | β | 0.67 |
Forza X1 Fundamentals Vs Peers
Comparing Forza X1's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Forza X1's direct or indirect competition across all of the common fundamentals between Forza X1 and the related equities. This way, we can detect undervalued stocks with similar characteristics as Forza X1 or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Forza X1's fundamental indicators could also be used in its relative valuation, which is a method of valuing Forza X1 by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Forza X1 to competition |
| Fundamentals | Forza X1 | Peer Average |
| Return On Equity | -0.64 | -0.31 |
| Return On Asset | -0.41 | -0.14 |
| Current Valuation | (5.07 M) | 16.62 B |
| Shares Outstanding | 15.76 M | 571.82 M |
| Shares Owned By Insiders | 45.30 % | 10.09 % |
| Shares Owned By Institutions | 0.99 % | 39.21 % |
| Number Of Shares Shorted | 138.65 K | 4.71 M |
Forza X1 Opportunities
Forza X1 Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Twin Vee PowerCats Co. and Forza X1, Inc. Announce Merger Agreement | 08/12/2024 |
2 | Twin Vee PowerCats Co. Reports Second Quarter 2024 Results of Operations | 08/14/2024 |
3 | Acquisition by Joseph Visconti of 28442 shares of Forza X1 at 0.2397 subject to Rule 16b-3 | 09/13/2024 |
4 | Forza X1 director Kevin Schuyler buys 27,200 in company stock | 09/18/2024 |
5 | Acquisition by Michael Dickerson of 184 shares of Forza X1 at 0.26 subject to Rule 16b-3 | 09/23/2024 |
6 | Forza X1 director Neil Ross acquires 9.6k in company stock | 09/30/2024 |
7 | Forza X1, Inc. Short Interest Down 38.6 percent in September | 10/14/2024 |
About Forza X1 Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Forza or other delisted stocks. Alpha measures the amount that position in Forza X1 has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Forza X1 Upcoming Company Events
As portrayed in its financial statements, the presentation of Forza X1's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forza X1's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Forza X1's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Forza X1. Please utilize our Beneish M Score to check the likelihood of Forza X1's management manipulating its earnings.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Forza X1
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 Equity Valuation module to check real value of public entities based on technical and fundamental 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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