Forum Net Invested Capital from 2010 to 2024
| FET Stock | USD 17.96 0.33 1.87% |
Net Invested Capital | First Reported 2010-12-31 | Previous Quarter 543.4 M | Current Value 731.2 M | Quarterly Volatility 661.6 M |
Check Forum Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forum Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 59.3 M, Interest Expense of 28 M or Total Revenue of 758.7 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.0 or PTB Ratio of 0.52. Forum financial statements analysis is a perfect complement when working with Forum Energy Valuation or Volatility modules.
Forum | Net Invested Capital |
Latest Forum Energy's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Forum Energy Technologies over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Forum Energy's Net Invested Capital 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.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Forum Net Invested Capital Regression Statistics
| Arithmetic Mean | 1,369,839,886 | |
| Geometric Mean | 1,161,082,424 | |
| Coefficient Of Variation | 48.30 | |
| Mean Deviation | 607,420,537 | |
| Median | 1,916,922,000 | |
| Standard Deviation | 661,601,370 | |
| Sample Variance | 437716.4T | |
| Range | 1.7B | |
| R-Value | (0.88) | |
| Mean Square Error | 106919.7T | |
| R-Squared | 0.77 | |
| Significance | 0.000016 | |
| Slope | (130,083,393) | |
| Total Sum of Squares | 6128029.2T |
Forum Net Invested Capital History
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 Net Invested Capital, 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 Reported | Projected for Next Year | ||
| Net Invested Capital | 543.4 M | 731.2 M |
Pair Trading with Forum Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Forum Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Forum Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Forum Stock
Moving against Forum Stock
| 0.59 | VTOL | Bristow Group | PairCorr |
| 0.55 | FTK | Flotek Industries Trending | PairCorr |
| 0.53 | NR | Newpark Resources | PairCorr |
| 0.52 | DWSN | Dawson Geophysical Earnings Call This Week | PairCorr |
| 0.38 | MRC | MRC Global | PairCorr |
The ability to find closely correlated positions to Forum Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Forum Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Forum Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Forum Energy Technologies to buy it.
The correlation of Forum Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Forum Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Forum Energy Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Forum Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Forum Stock Analysis
When running Forum Energy's 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 the 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.