Forum Stock Future Price Prediction

FET
 Stock
  

USD 19.31  0.31  1.58%   

Forum Energy Technologies stock price prediction is an act of determining the future value of Forum Energy shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Forum Energy's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Forum Energy and does not consider all of the tangible or intangible factors available from Forum Energy's fundamental data. We analyze noise-free headlines and recent hype associated with Forum Energy Technologies, which may create opportunities for some arbitrage if properly timed.
Please check Forum Energy Basic Forecasting Models to cross-verify your projections.
  
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It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Forum Energy based on different types of headlines from major news networks to social media. The Forum stock price prediction module provides an analysis of price elasticity to changes in media outlook on Forum Energy over a specific investment horizon.
Wall Street Target Price
30.0
Quarterly Revenue Growth YOY
0.36
Using Forum Energy hype-based prediction, you can estimate the value of Forum Energy Technologies from the perspective of Forum Energy response to recently generated media hype and the effects of current headlines on its competitors.
Forum Energy Revenue to Assets are comparatively stable at the moment as compared to the past year. Forum Energy reported Revenue to Assets of 0.68 in 2021. Total Assets Per Share is likely to gain to 144.16 in 2022, whereas Return on Investment is likely to drop (7.78)  in 2022.
This module is based on analyzing investor sentiment around taking a position in Forum Energy. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Forum Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying Forum because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Forum Energy after-hype prediction price

    
  $ 19.33  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Forum Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Forum Energy in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
18.7622.3425.92
Details
Naive
Forecast
LowNext ValueHigh
16.4620.0423.63
Details
1 Analysts
Consensus
LowTarget PriceHigh
30.0030.0030.00
Details
Earnings
Estimates (1)
LowProjected EPSHigh
-9.67-9.67-9.67
Details
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 towards taking a position in Forum Energy Technologies.

Forum Energy After-Hype Price Prediction Density Analysis

As far as predicting the price of Forum Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Forum Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of Forum Energy, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Forum Energy Estimiated After-Hype Price Volatility

In the context of predicting Forum Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Forum Energy's historical news coverage. Forum Energy's after-hype downside and upside margins for the prediction period are 15.75 and 22.91, respectively. We have considered Forum Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 19.31
19.33
After-hype Price
22.91
Upside
Forum Energy is not too volatile asset. Analysis and calculation of next after-hype price of Forum Energy Technologies is based on 3 months time horizon.

Forum Energy Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Forum Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Forum Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Forum Energy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.18  3.58  0.02   0.07  9 Events / Month7 Events / MonthIn about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
19.3119.330.10 
3,255  

Forum Energy Hype Timeline

On the 4th of July Forum Energy Technologies is traded for 19.31. The entity has historical hype elasticity of 0.02 and average elasticity to hype of competition of 0.07. Forum is forecasted to increase in value after the next headline with price projected to jump to 19.33 or above. The average volatility of media hype impact on the company stock price is over 100%. The price appreciation on the next news is projected to be 0.1% whereas the daily expected return is currently at -0.18%. The volatility of related hype on Forum Energy is about 979.33% with expected price after next announcement by competition of 19.38. 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. Considering the 90-day investment horizon the next forecastedpress releasewill be in about 9 days.
Please check Forum Energy Basic Forecasting Models to cross-verify your projections.

Forum Energy Related Hype Analysis

Having access to credible news sources related to Forum Energy's direct competition is more important than ever and may enhance your ability to predict Forum Energy's future price movements. Getting to know how Forum Energy rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Forum Energy may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
CLBCore Laboratories NV(0.62) 6 per month 0.00 (0.13)  4.13 (7.08)  17.62 
HALHalliburton 0.47 8 per month 0.00 (0.0111)  4.44 (6.25)  16.48 
BACBank Of America 0.16 3 per month 0.00 (0.14)  3.38 (3.49)  9.79 
TATT Inc 0.18 9 per month 1.37  0.26  2.99 (2.47)  12.17 
CSCOCisco Systems(0.32) 7 per month 0.00 (0.08)  2.73 (3.26)  17.06 
JPMJP Morgan Chase(0.25) 8 per month 0.00 (0.06)  2.98 (3.00)  10.78 
WMTWalmart 2.99 8 per month 0.00 (0.0313)  2.43 (2.47)  13.98 
IBMInternational Business Machines 0.64 10 per month 1.41  0.19  2.47 (2.47)  11.05 
XOMExxon Mobil Corp 0.04 10 per month 2.96  0.13  3.03 (3.96)  11.86 

Forum Energy Additional Predictive Modules

Most predictive techniques to examine Forum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Forum using various technical indicators. When you analyze Forum charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Forum Energy Predictive Indicators

The successful prediction of Forum Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Forum Energy Technologies, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Forum Energy based on analysis of Forum Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Forum Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Forum Energy's related companies.
 2021 2022 (projected)
Calculated Tax Rate36.0539.14
Long Term Debt to Equity0.710.59

Story Coverage note for Forum Energy

The number of cover stories for Forum Energy depends on current market conditions and Forum Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Forum Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Forum Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Forum Energy Short Properties

Forum Energy's future price predictability will typically decrease when Forum Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Forum Energy Technologies often depends not only on the future outlook of the potential Forum Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Forum Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out6.18%
Short Percent Of Float8.04%
Float Shares4.55M
Shares Short Prior Month367.65k
Average Daily Volume Last 10 Day24.9k
Average Daily Volume In Three Month31.54k
Date Short Interest29th of April 2022
Please check Forum Energy Basic Forecasting Models to cross-verify your projections. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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.
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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
110.5 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.