Forum Stock Performance

FET
 Stock
  

USD 18.35  0.95  4.92%   

The firm shows a Beta (market volatility) of 1.2136, which means a somewhat significant risk relative to the market. Let's try to break down what Forum's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Forum Energy will likely underperform. Even though it is essential to pay attention to Forum Energy Technologies historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards predicting any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Forum Energy Technologies exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Forum Energy Technologies has an expected return of -0.18%. Please be advised to confirm Forum Energy Technologies value at risk, as well as the relationship between the skewness and day median price to decide if Forum Energy Technologies performance from the past will be repeated at some point in the near future.
  
Refresh
Forum Performance
0 of 100
Over the last 90 days Forum Energy Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's technical and fundamental indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more

Structure and Payout Changes

Last Split Factor
1:20
Dividend Date
2020-11-10
Last Split Date
2020-11-10

Forum Price Channel

Quick Ratio1.03
Fifty Two Week Low14.71
Fifty Two Week High26.20

Forum Energy Relative Risk vs. Return Landscape

If you would invest  2,131  in Forum Energy Technologies on April 7, 2022 and sell it today you would lose (296.00)  from holding Forum Energy Technologies or give up 13.89% of portfolio value over 90 days. Forum Energy Technologies is generating negative expected returns assuming volatility of 3.6363% on return distribution over 90 days investment horizon. In other words, 31% of stocks are less volatile than Forum, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Forum Energy is expected to under-perform the market. In addition to that, the company is 2.49 times more volatile than its market benchmark. It trades about -0.05 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of volatility.

Forum Energy Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Forum Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Forum Energy Technologies, and traders can use it to determine the average amount a Forum Energy's 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 = -0.0494

Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsFET
Estimated Market Risk
 3.64
  actual daily
 
 31 %
of total potential
 
3131
Expected Return
 -0.18
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.05
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Forum Energy is performing at about 0% 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 Forum Energy by adding it to a well-diversified portfolio.

About Forum Energy Performance

To evaluate Forum Energy Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Forum Energy generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Forum Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Forum Energy Technologies stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Forum's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-439 K-473.7 K
Return on Investment(7.21) (7.78) 
Return on Average Assets(0.10) (0.10) 
Return on Average Equity(0.23) (0.24) 
Return on Invested Capital(0.08) (0.08) 
Return on Sales(0.09) (0.1) 
Forum Energy Technologies, Inc. designs, manufactures, and distributes products serving the oil, natural gas, industrial, and renewable energy industries in the United States and internationally. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas. Forum Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1400 people.

Things to note about Forum Energy Technologies

Checking the ongoing alerts about Forum Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Forum Energy Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Forum Energy Alerts

Equity Alerts and Improvement Suggestions

Forum Energy generated a negative expected return over the last 90 days
Forum Energy has high historical volatility and very poor performance
Forum Energy has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 541.07 M. Reported Net Loss for the year was (82.65 M) with profit before taxes, overhead, and interest of 123.34 M.
Forum Energy Technologies has about 46.86 M in cash with (15.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.29.
Forum Energy has a frail financial position based on the latest SEC disclosures
Latest headline from www.politico.com: The bigs are alright- POLITICO - POLITICO
Please check Investing Opportunities. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
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
110.4 M
Quarterly Revenue Growth YOY
0.36
Return On Assets
-0.0254
Return On Equity
-0.18
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.