Forward Industries Stock Performance
| FORD Stock | USD 4.41 0.04 0.90% |
On a scale of 0 to 100, Forward Industries holds a performance score of 6. The firm shows a Beta (market volatility) of -2.15, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Forward Industries are expected to decrease by larger amounts. On the other hand, during market turmoil, Forward Industries is expected to outperform it. Please check Forward Industries' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Forward Industries' price patterns will revert.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Forward Industries are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, Forward Industries exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.69 | Five Day Return 0.44 | Year To Date Return (37.22) | Ten Year Return (50.33) | All Time Return (93.05) |
Last Split Factor 1:10 | Last Split Date 2024-06-18 |
1 | Test-Driving The 2024 Ford Kuga PHEV | 11/19/2024 |
2 | Ford Slows Bronco Production As Sales Slip Far Behind Jeep Wrangler | 11/22/2024 |
3 | Forward Industries Stock Surges Over 5 percent Amid Industry Gains | 12/04/2024 |
4 | BYD on track to top 2024 sales goal and outsell Ford, Honda | 12/09/2024 |
5 | Zubie Announces Integration with Ford Pro to Enhance Fleet Management | 12/10/2024 |
6 | Ford Conservatives Prefer to Victimize the Vulnerable and Punish the Poor Rather Than Provide Real Solutions CUPE Ontario | 12/11/2024 |
7 | Police Cruiser Wrecked By Train After Officer Parks On Tracks | 12/12/2024 |
8 | Fords Keep Smashing Into This Building In North Carolina | 12/13/2024 |
9 | Stellantis Will Survive As Ferrari Chair Rushes To Repair The Damage | 12/16/2024 |
| Begin Period Cash Flow | 2.6 M |
Forward |
Forward Industries Relative Risk vs. Return Landscape
If you would invest 353.00 in Forward Industries on September 20, 2024 and sell it today you would earn a total of 109.00 from holding Forward Industries or generate 30.88% return on investment over 90 days. Forward Industries is currently generating 0.6739% in daily expected returns and assumes 7.8519% risk (volatility on return distribution) over the 90 days horizon. In different words, 69% of stocks are less volatile than Forward, and 87% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Forward Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forward Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Forward Industries, and traders can use it to determine the average amount a Forward Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0858
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 7.85 actual daily | 69 69% of assets are less volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.09 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.
Forward Industries Fundamentals Growth
Forward Stock prices reflect investors' perceptions of the future prospects and financial health of Forward Industries, and Forward Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Forward Stock performance.
| Return On Equity | -0.36 | ||||
| Return On Asset | -0.0388 | ||||
| Profit Margin | (0.10) % | ||||
| Operating Margin | (0.05) % | ||||
| Current Valuation | 5.88 M | ||||
| Shares Outstanding | 1.1 M | ||||
| Price To Earning | 33.29 X | ||||
| Price To Book | 3.52 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 36.69 M | ||||
| Gross Profit | 8.37 M | ||||
| EBITDA | 598.81 K | ||||
| Net Income | (3.74 M) | ||||
| Cash And Equivalents | 2.28 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 4.35 M | ||||
| Debt To Equity | 0.75 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | 1.26 X | ||||
| Cash Flow From Operations | 1.04 M | ||||
| Earnings Per Share | (0.91) X | ||||
| Market Capitalization | 4.98 M | ||||
| Total Asset | 17.39 M | ||||
| Retained Earnings | (17.69 M) | ||||
| Working Capital | 534.12 K | ||||
| Current Asset | 12.34 M | ||||
| Current Liabilities | 4.17 M | ||||
About Forward Industries Performance
By analyzing Forward Industries' fundamental ratios, stakeholders can gain valuable insights into Forward Industries' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Forward Industries has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Forward Industries has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.96 | 4.71 | |
| Return On Tangible Assets | (0.29) | (0.28) | |
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Assets | (0.25) | (0.23) | |
| Return On Equity | (1.64) | (1.56) |
Things to note about Forward Industries performance evaluation
Checking the ongoing alerts about Forward Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Forward Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Forward Industries is way too risky over 90 days horizon | |
| Forward Industries appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 36.69 M. Net Loss for the year was (3.74 M) with profit before overhead, payroll, taxes, and interest of 8.37 M. | |
| About 17.0% of the company shares are held by company insiders | |
| Latest headline from jalopnik.com: Stellantis Will Survive As Ferrari Chair Rushes To Repair The Damage |
- Analyzing Forward Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Forward Industries' stock is overvalued or undervalued compared to its peers.
- Examining Forward Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Forward Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Forward Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Forward Industries' stock. These opinions can provide insight into Forward Industries' potential for growth and whether the stock is currently undervalued or overvalued.
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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