Forum Energy's market value is the price at which a share of Forum Energy trades on a public exchange. It measures the collective expectations of Forum Energy Metals investors about its performance. Forum Energy is trading at 0.03 as of the 27th of July 2025. This is a 25% down since the beginning of the trading day. The stock's lowest day price was 0.03. With this module, you can estimate the performance of a buy and hold strategy of Forum Energy Metals and determine expected loss or profit from investing in Forum Energy over a given investment horizon. Check out Forum Energy Correlation, Forum Energy Volatility and Forum Energy Alpha and Beta module to complement your research on Forum Energy.
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 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Forum Energy's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Forum Energy.
0.00
08/07/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
07/27/2025
0.00
If you would invest 0.00 in Forum Energy on August 7, 2023 and sell it all today you would earn a total of 0.00 from holding Forum Energy Metals or generate 0.0% return on investment in Forum Energy over 720 days. Forum Energy is related to or competes with Forsys Metals, Lotus Resources, Skyharbour Resources, Global Atomic, and CanAlaska Uranium. Forum Energy Metals Corp. engages in the evaluation, acquisition, exploration, and development of natural resource prope... More
Forum Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Forum Energy's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Forum Energy Metals upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forum Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Forum Energy's standard deviation. In reality, there are many statistical measures that can use Forum Energy historical prices to predict the future Forum Energy's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Forum Energy. Your research has to be compared to or analyzed against Forum Energy's peers to derive any actionable benefits. When done correctly, Forum Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Forum Energy Metals.
Forum Energy Metals Backtested Returns
Forum Energy appears to be out of control, given 3 months investment horizon. Forum Energy Metals secures Sharpe Ratio (or Efficiency) of 0.0625, which denotes the company had a 0.0625 % return per unit of risk over the last 3 months. By reviewing Forum Energy's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please utilize Forum Energy's Coefficient Of Variation of 1600.99, downside deviation of 25.58, and Mean Deviation of 6.7 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Forum Energy holds a performance score of 4. The firm shows a Beta (market volatility) of -0.2, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Forum Energy are expected to decrease at a much lower rate. During the bear market, Forum Energy is likely to outperform the market. Please check Forum Energy's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Forum Energy's price patterns will revert.
Auto-correlation
0.11
Insignificant predictability
Forum Energy Metals has insignificant predictability. Overlapping area represents the amount of predictability between Forum Energy time series from 7th of August 2023 to 1st of August 2024 and 1st of August 2024 to 27th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Forum Energy Metals price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Forum Energy price fluctuation can be explain by its past prices.
Correlation Coefficient
0.11
Spearman Rank Test
0.3
Residual Average
0.0
Price Variance
0.0
Forum Energy Metals lagged returns against current returns
Autocorrelation, which is Forum Energy otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Forum Energy's otc stock expected returns. We can calculate the autocorrelation of Forum Energy returns to help us make a trade decision. For example, suppose you find that Forum Energy has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Forum Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Forum Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Forum Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Forum Energy otc stock over time.
Current vs Lagged Prices
Timeline
Forum Energy Lagged Returns
When evaluating Forum Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Forum Energy otc stock have on its future price. Forum Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Forum Energy autocorrelation shows the relationship between Forum Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Forum Energy Metals.
Forum Energy financial ratios help investors to determine whether Forum OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Forum with respect to the benefits of owning Forum Energy security.