Forum Weighted Average Shares Diluted Trend from 2010 to 2022

FET
 Stock
  

USD 26.35  0.15  0.57%   

Forum Energy Weighted Average Shares Diluted yearly trend continues to be comparatively stable with very little volatility. Weighted Average Shares Diluted is likely to outpace its year average in 2022. From the period from 2010 to 2022, Forum Energy Weighted Average Shares Diluted quarterly data regression had r-squared of 0.87 and coefficient of variation of  16.57. Forum Energy Weighted Average Shares is comparatively stable at the moment as compared to the past year. Forum Energy reported Weighted Average Shares of 5.64 Million in 2021. Weighted Average Shares Diluted is likely to gain to about 5.8 M in 2022, whereas Net Income is likely to drop (89.2 M) in 2022.
  
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum main balance sheet or income statement drivers, such as Direct Expenses of 647.8 M, Cost of Revenue of 539 M or Gross Profit of 180.7 M, as well as many exotic indicators such as Interest Coverage of 8.19, Long Term Debt to Equity of 0.59 or Calculated Tax Rate of 39.14. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules. It can also supplement various Forum Energy Technical models . Please check the analysis of Forum Energy Correlation against competitors.

Forum Energy Quarterly Weighted Average Shares Diluted

10.48 Million

Forum Weighted Average Shares Diluted Breakdown

Showing smoothed Weighted Average Shares Diluted of Forum Energy Technologies with missing and latest data points interpolated. The weighted average number of shares or units issued and outstanding that are used by the company to calculate [EPSDil]; determined based on the timing of issuance of shares or units in the period.Forum Energy's Weighted Average Shares Diluted historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forum Energy's overall financial position and show how it may be relating to other accounts over time.
Weighted Average Shares Diluted10 Years Trend
Increasing
Slightly volatile
   Weighted Average Shares Diluted   
Share
       Timeline  

Forum Weighted Average Shares Diluted Regression Statistics

Arithmetic Mean 4,809,614
Geometric Mean 4,742,965
Coefficient Of Variation 16.57
Mean Deviation 618,361
Median 4,765,400
Standard Deviation 796,888
Range 2,404,629
R-Value 0.93
R-Squared 0.87
Significance 0.0000029
Slope 191,215

Forum Weighted Average Shares Diluted History

20124.3 M
20134.7 M
20144.8 M
20154.5 M
20164.6 M
20174.9 M
20185.4 M
20195.5 M
20205.6 M
20215.6 M
20225.8 M

About Forum Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Forum Energy income statement, its balance sheet, and the statement of cash flows. Forum Energy investors use historical funamental indicators, such as Forum Energy's Weighted Average Shares Diluted, to determine how well the company is positioned to perform in the future. Although Forum Energy investors may use each financial statement separately, they are all related. The changes in Forum Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Forum Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Forum Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Forum Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Weighted Average Shares Diluted5.6 M5.8 M
Average Assets809.9 M1.1 B
Average Equity354.6 M363.9 M
Invested Capital Average643.5 M783.1 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Forum Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Positions Ratings Now

   

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Forum Energy Technologies using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check the analysis of Forum Energy Correlation against competitors. Note that the Forum Energy Technologies information on this page should be used as a complementary analysis to other Forum Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Forum Stock analysis

When running Forum Energy Technologies price analysis, check to measure Forum Energy'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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.
Transaction History
View history of all your transactions and understand their impact on performance
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Is Forum Energy'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 Forum Energy. If investors know Forum 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 Forum Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
151.6 M
Quarterly Revenue Growth YOY
0.25
Return On Assets
-0.0162
Return On Equity
-0.0929
The market value of Forum Energy Technologies is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy'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 Forum Energy's market value can be influenced by many factors that don't directly affect Forum Energy'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 Forum Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Forum Energy value 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.