Forian Stock Forecast - Rate Of Daily Change
| FORA Stock | USD 2.77 0.19 7.36% |
Forian Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Forian stock prices and determine the direction of Forian Inc's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Forian's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Forian's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Forian's systematic risk associated with finding meaningful patterns of Forian fundamentals over time.
Check out Historical Fundamental Analysis of Forian to cross-verify your projections. Forian |
Open Interest Against 2024-05-17 Forian Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Forian's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Forian's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Forian stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Forian's open interest, investors have to compare it to Forian's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Forian is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Forian. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Forian cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Forian's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Forian's price structures and extracts relationships that further increase the generated results' accuracy.
Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of Forian.| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.97 | 1.07 |
| Check Forian Volatility | Backtest Forian | Information Ratio |
Forian Trading Date Momentum
| On April 23 2024 Forian Inc was traded for 2.77 at the closing time. The top price for the day was 2.85 and the lowest listed price was 2.59 . The trading volume for the day was 8.1 K. The trading history from April 23, 2024 did not affect price variability. The overall trading delta against the current closing price is 6.50% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare Forian to competition |
Other Forecasting Options for Forian
For every potential investor in Forian, whether a beginner or expert, Forian's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Forian Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Forian. Basic forecasting techniques help filter out the noise by identifying Forian's price trends.Forian Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Forian stock to make a market-neutral strategy. Peer analysis of Forian could also be used in its relative valuation, which is a method of valuing Forian by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Forian Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Forian's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Forian's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Forian Market Strength Events
Market strength indicators help investors to evaluate how Forian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forian shares will generate the highest return on investment. By undertsting and applying Forian stock market strength indicators, traders can identify Forian Inc entry and exit signals to maximize returns.
| Accumulation Distribution | 740.13 | |||
| Daily Balance Of Power | 0.7308 | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 2.72 | |||
| Day Typical Price | 2.74 | |||
| Price Action Indicator | 0.15 | |||
| Period Momentum Indicator | 0.19 |
Forian Risk Indicators
The analysis of Forian's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Forian's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting forian stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.41 | |||
| Semi Deviation | 4.57 | |||
| Standard Deviation | 4.51 | |||
| Variance | 20.38 | |||
| Downside Variance | 22.37 | |||
| Semi Variance | 20.89 | |||
| Expected Short fall | (3.64) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forian's short interest history, or implied volatility extrapolated from Forian options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Forian to cross-verify your projections. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Forian Stock analysis
When running Forian's price analysis, check to measure Forian's 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 Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Is Forian's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.05 | Revenue Per Share 0.639 | Quarterly Revenue Growth 0.08 | Return On Assets (0.06) | Return On Equity 0.0898 |
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian'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.