Forward Industries Stock Price on November 13, 2024
| FORD Stock | USD 4.41 0.04 0.90% |
Below is the normalized historical share price chart for Forward Industries extending back to November 06, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Forward Industries stands at 4.41, as last reported on the 19th of December, with the highest price reaching 4.62 and the lowest price hitting 4.36 during the day.
If you're considering investing in Forward Stock, it is important to understand the factors that can impact its price. Forward Industries appears to be very risky, given 3 months investment horizon. Forward Industries secures Sharpe Ratio (or Efficiency) of 0.0765, which denotes the company had a 0.0765% return per unit of risk over the last 3 months. By reviewing Forward Industries' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Forward Industries' Mean Deviation of 3.38, downside deviation of 5.08, and Coefficient Of Variation of 1375.11 to check if our risk estimates are consistent with your expectations.
As of December 19, 2024, Total Stockholder Equity is expected to decline to about 2.9 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 8.1 M. At present, Forward Industries' Price To Free Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 88.69, whereas Price Earnings Ratio is projected to grow to (22.36). Forward Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of June 1995 | 200 Day MA 4.495 | 50 Day MA 3.9038 | Beta 0.403 |
Forward |
Sharpe Ratio = 0.0765
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Estimated Market Risk
| 7.84 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Forward Industries is performing at about 6% 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 Forward Industries by adding it to a well-diversified portfolio.
Price Book 3.5197 | Enterprise Value Ebitda 20.8945 | Price Sales 0.1587 | Shares Float 770.6 K | Wall Street Target Price 2.28 |
Forward Industries Valuation on November 13, 2024
It is possible to determine the worth of Forward Industries on a given historical date. On November 13, 2024 Forward was worth 4.16 at the beginning of the trading date compared to the closed value of 4.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forward Industries stock. Still, in general, we apply an absolute valuation method to find Forward Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Forward Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forward Industries' related companies.
| Open | High | Low | Close | Volume | |
| 4.41 | 4.50 | 4.18 | 4.27 | 31,615 | |
11/13/2024 | 4.16 | 4.24 | 4.00 | 4.00 | 18,314 |
| 4.10 | 4.12 | 3.99 | 4.08 | 5,668 |
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Forward Industries Trading Date Momentum on November 13, 2024
| On November 14 2024 Forward Industries was traded for 4.08 at the closing time. The top price for the day was 4.12 and the lowest listed price was 3.99 . The trading volume for the day was 5.7 K. The trading history from November 14, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.00% . The overall trading delta against the current closing price is 3.25% . |
Forward Industries Fundamentals Correlations and Trends
By evaluating Forward Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forward Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forward financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Forward Industries Stock history
Forward Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Forward is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forward Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Forward Industries stock prices may prove useful in developing a viable investing in Forward Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.6 M | 8.1 M | |
| Net Loss | -1.2 M | -1.2 M |
Forward Industries Stock Technical Analysis
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.
Price Boundaries
Forward Industries Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Forward Industries cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Forward Industries December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Forward Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forward Industries shares will generate the highest return on investment. By undertsting and applying Forward Industries stock market strength indicators, traders can identify Forward Industries entry and exit signals to maximize returns
Forward Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Forward Industries' price direction in advance. Along with the technical and fundamental analysis of Forward Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forward to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0668 | |||
| Jensen Alpha | 0.5937 | |||
| Total Risk Alpha | 0.3665 | |||
| Sortino Ratio | 0.1051 | |||
| Treynor Ratio | (0.26) |
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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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