Forum Stock Alpha and Beta Analysis


USD 25.46  1.04  3.92%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Forum Energy Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Forum Energy over a specified time horizon. Remember, high Forum Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Forum Energy Backtesting, Forum Energy Valuation, Forum Energy Correlation, Forum Energy Hype Analysis, Forum Energy Volatility, Forum Energy History and analyze Forum Energy Performance.
Please note that although Forum Energy alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Forum Energy did 0.42  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Forum Energy Technologies stock's relative risk over its benchmark. Forum Energy Technologies has a beta of 0.81  . Let's try to break down what Forum's beta means in this case. As returns on the market increase, Forum Energy returns are expected to increase less than the market. However, during the bear market, the loss on holding Forum Energy will be expected to be smaller as well.
Forum Energy Book Value per Share is comparatively stable at the moment as compared to the past year. Forum Energy reported Book Value per Share of 58.33 in 2021. Price to Book Value is likely to gain to 0.28 in 2022, whereas Enterprise Value over EBIT is likely to drop (6.47)  in 2022.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Forum Energy Quarterly Book Value per Share


Forum Energy Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Forum Energy market risk premium is the additional return an investor will receive from holding Forum Energy 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 Forum Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Forum Energy's performance over market.
α0.42   β0.81
90 days against DJI

Forum Energy expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Forum Energy's Buy-and-hold return. Our buy-and-hold chart shows how Forum Energy performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Forum Energy Market Price Analysis

Market price analysis indicators help investors to evaluate how Forum Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Forum Energy shares will generate the highest return on investment. By understating and applying Forum Energy stock market price indicators, traders can identify Forum Energy position entry and exit signals to maximize returns.

Forum Energy Return and Market Media

The median price of Forum Energy for the period between Sat, May 21, 2022 and Fri, Aug 19, 2022 is 21.26 with a coefficient of variation of 12.38. The daily time series for the period is distributed with a sample standard deviation of 2.69, arithmetic mean of 21.74, and mean deviation of 2.39. The Stock received substential amount of media coverage during this period.
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About Forum Energy Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Forum or other stocks. Alpha measures the amount that position in Forum Energy Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 (projected)
Calculated Tax Rate36.0539.14
Long Term Debt to Equity0.710.59

Forum Energy Upcoming Company Events

As portrayed in its financial statements, the presentation of Forum Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forum Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Forum Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Forum Energy. Please utilize our Beneish M Score to check the likelihood of Forum Energy's management manipulating its earnings.
Upcoming Quarterly Report22nd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please check Forum Energy Backtesting, Forum Energy Valuation, Forum Energy Correlation, Forum Energy Hype Analysis, Forum Energy Volatility, Forum Energy History and analyze Forum Energy Performance. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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Forum Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Forum Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forum Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...