Forgerock Stock Today

FORG
 Stock
  

USD 15.03  0.66  4.59%   

Market Performance
0 of 100
Odds Of Distress
Less than 24
Forgerock Inc is trading at 15.03 as of the 29th of September 2022, a 4.59 percent up since the beginning of the trading day. The stock's lowest day price was 14.25. Forgerock Inc has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Forgerock Inc Cl are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2022 and ending today, the 29th of September 2022. Click here to learn more.
ForgeRock, Inc., together with its subsidiaries, operates a digital identity platform to secure, manage, and govern the identities of customers, employees, partners, application programing interfaces , microservices, devices, and the Internet of things worldwide. The company has 12.65 M outstanding shares of which 1.97 M shares are currently shorted by private and institutional investors with about 2.91 trading days to cover. More on Forgerock Inc Cl

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+0.64ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
Follow Valuation Odds of Bankruptcy
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Forgerock Inc Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Forgerock Inc's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Forgerock Inc or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Forgerock Inc generated a negative expected return over the last 90 days
Forgerock Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 184.18 M. Net Loss for the year was (54.15 M) with profit before overhead, payroll, taxes, and interest of 144 M.
Forgerock Inc Cl currently holds about 364.36 M in cash with (34.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.32.
Roughly 72.0% of the company shares are owned by institutional investors
CEOFran Rosch
Average Analyst Recommendation
Analysts covering Forgerock Inc report their recommendations after researching Forgerock Inc's financial statements, talking to executives and customers, or listening in on Forgerock Inc's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Forgerock Inc. The Forgerock consensus assessment is calculated by taking the average forecast from all of the analysts covering Forgerock Inc.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Forgerock Inc's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Forgerock Inc Cl (FORG) is traded on New York Stock Exchange in USA and employs 786 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.22 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forgerock Inc's market, we take the total number of its shares issued and multiply it by Forgerock Inc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Forgerock Inc conducts business under Technology sector and is part of Software—Infrastructure industry. The entity has 12.65 M outstanding shares of which 1.97 M shares are currently shorted by private and institutional investors with about 2.91 trading days to cover. Forgerock Inc Cl currently holds about 364.36 M in cash with (34.16 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.32.
Check Forgerock Inc Probability Of Bankruptcy
Ownership
The market capitalization of Forgerock Inc is $1.22 Billion. The majority of Forgerock Inc Cl outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Forgerock Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Forgerock Inc. Please pay attention to any change in the institutional holdings of Forgerock Inc Cl as this could imply that something significant has changed or about to change at the company. Note, that even with negative profits, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company.

Ownership Allocation (%)

Check Forgerock Ownership Details

Forgerock Stock Price Odds Analysis

What are Forgerock Inc's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Forgerock Inc jumping above the current price in 90 days from now is roughly 97.0%. The Forgerock Inc Cl probability density function shows the probability of Forgerock Inc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Forgerock Inc has a beta of 0.8189. This usually indicates as returns on the market go up, Forgerock Inc average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Forgerock Inc Cl will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Forgerock Inc is significantly underperforming DOW.
  Odds Below 14.34HorizonTargetOdds Above 14.34
3.15%90 days
 14.34 
96.84%
Based on a normal probability distribution, the odds of Forgerock Inc to move above the current price in 90 days from now is roughly 97.0 (This Forgerock Inc Cl probability density function shows the probability of Forgerock Stock to fall within a particular range of prices over 90 days) .

Forgerock Inc Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Forgerock Inc market risk premium is the additional return an investor will receive from holding Forgerock Inc long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Forgerock Inc. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Forgerock Inc's alpha and beta are two of the key measurements used to evaluate Forgerock Inc's performance over the market, the standard measures of volatility play an important role as well.

Forgerock Stock Against Markets

Picking the right benchmark for Forgerock Inc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Forgerock Inc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Forgerock Inc is critical whether you are bullish or bearish towards Forgerock Inc Cl at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Forgerock Inc 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.

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Forgerock Inc Corporate Executives

Elected by the shareholders, the Forgerock Inc's board of directors comprises two types of representatives: Forgerock Inc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Forgerock. The board's role is to monitor Forgerock Inc's management team and ensure that shareholders' interests are well served. Forgerock Inc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Forgerock Inc's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eve Maler - Chief Technology OfficerProfile

Invested in Forgerock Inc Cl?

The danger of trading Forgerock Inc Cl is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Forgerock Inc is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Forgerock Inc. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Forgerock Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Forgerock Inc price analysis, check to measure Forgerock Inc'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 Forgerock Inc is operating at the current time. Most of Forgerock Inc's value examination focuses on studying past and present price action to predict the probability of Forgerock Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Forgerock Inc's price. Additionally, you may evaluate how the addition of Forgerock Inc to your portfolios can decrease your overall portfolio volatility.
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Is Forgerock Inc'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 Forgerock Inc. If investors know Forgerock 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 Forgerock Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Forgerock Inc is measured differently than its book value, which is the value of Forgerock that is recorded on the company's balance sheet. Investors also form their own opinion of Forgerock Inc's value that differs from its market value or its book value, called intrinsic value, which is Forgerock Inc'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 Forgerock Inc's market value can be influenced by many factors that don't directly affect Forgerock Inc'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 Forgerock Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Forgerock Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forgerock Inc'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.