Forward Industries Stock Technical Analysis
| FORD Stock | USD 5.58 0.16 2.95% |
As of the 18th of January 2025, Forward Industries shows the Coefficient Of Variation of 430.85, mean deviation of 2.25, and Downside Deviation of 2.61. Forward Industries technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Forward Industries variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Forward Industries is priced favorably, providing market reflects its regular price of 5.58 per share. Given that Forward Industries has jensen alpha of 0.7361, we urge you to verify Forward Industries's prevailing market performance to make sure the company can sustain itself at a future point.
Forward Industries Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Forward, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ForwardForward |
Forward Industries technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Forward Industries Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Forward Industries volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Forward Industries Trend Analysis
Use this graph to draw trend lines for Forward Industries. You can use it to identify possible trend reversals for Forward Industries as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Forward Industries price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Forward Industries Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Forward Industries applied against its price change over selected period. The best fit line has a slop of 0.03 , which means Forward Industries will continue generating value for investors. It has 122 observation points and a regression sum of squares at 41.78, which is the sum of squared deviations for the predicted Forward Industries price change compared to its average price change.About Forward Industries Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Forward Industries on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Forward Industries based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Forward Industries price pattern first instead of the macroeconomic environment surrounding Forward Industries. By analyzing Forward Industries's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Forward Industries's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Forward Industries specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2024 | 2025 (projected) | Dividend Yield | 1.69E-4 | 2.64E-4 | Price To Sales Ratio | 0.16 | 0.15 |
Forward Industries January 18, 2025 Technical Indicators
Most technical analysis of Forward help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Forward from various momentum indicators to cycle indicators. When you analyze Forward charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2014 | |||
| Market Risk Adjusted Performance | (1.34) | |||
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.1 | |||
| Downside Deviation | 2.61 | |||
| Coefficient Of Variation | 430.85 | |||
| Standard Deviation | 3.17 | |||
| Variance | 10.04 | |||
| Information Ratio | 0.2227 | |||
| Jensen Alpha | 0.7361 | |||
| Total Risk Alpha | 0.6509 | |||
| Sortino Ratio | 0.2701 | |||
| Treynor Ratio | (1.35) | |||
| Maximum Drawdown | 19.09 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 5.19 | |||
| Downside Variance | 6.83 | |||
| Semi Variance | 4.4 | |||
| Expected Short fall | (2.72) | |||
| Skewness | 1.28 | |||
| Kurtosis | 5.25 |
Complementary Tools for Forward Stock analysis
When running Forward Industries' price analysis, check to measure Forward Industries' 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 Forward Industries is operating at the current time. Most of Forward Industries' value examination focuses on studying past and present price action to predict the probability of Forward Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Industries' price. Additionally, you may evaluate how the addition of Forward Industries to your portfolios can decrease your overall portfolio volatility.
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