Forward Industries Stock Performance
| FORD Stock | USD 0.54 0.02 3.57% |
The firm shows a Beta (market volatility) of 1.18, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Forward Industries will likely underperform. Forward Industries has an expected return of -0.31%. Please make sure to confirm Forward Industries jensen alpha, skewness, as well as the relationship between the Skewness and rate of daily change , to decide if Forward Industries performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Forward Industries has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in May 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Last Split Factor 1:2 | Last Split Date 1997-12-24 |
1 | Battelle Delivers Up-Armored Ford Expeditions to U.S. Department of State | 04/08/2024 |
2 | Ford targets Tesla owners with 1,500 EV conquest rebates | 04/11/2024 |
3 | Ford Will Reportedly Pay Dealers 15,000 Per Mustang GTD Sold | 04/16/2024 |
4 | Ford recalling 450K vehicles over drive power loss | 04/17/2024 |
5 | Lee Iacocca Celebrated The Mustangs 45th Anniversary With A Custom-Bodied Limited Edition | 04/18/2024 |
6 | At 34,500, Is This 1971 Ford Torino GT A Classic Bargain | 04/19/2024 |
7 | Post Time Fords Garage Restaurants Named an Official Watch Location for the 150th Kentucky Derby | 04/22/2024 |
8 | Strong fleet sales offset electric losses at Ford | 04/24/2024 |
| Begin Period Cash Flow | 2.6 M |
Forward |
Forward Industries Relative Risk vs. Return Landscape
If you would invest 74.00 in Forward Industries on January 28, 2024 and sell it today you would lose (20.00) from holding Forward Industries or give up 27.03% of portfolio value over 90 days. Forward Industries is currently does not generate positive expected returns and assumes 6.1318% risk (volatility on return distribution) over the 90 days horizon. In different words, 54% of stocks are less volatile than Forward, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Forward Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Forward Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Forward Industries, and traders can use it to determine the average amount a Forward Industries' 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 = -0.0508
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| Negative Returns | FORD |
Estimated Market Risk
| 6.13 actual daily | 54 54% of assets are less volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Forward Industries is not performing at its full potential. However, 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 Forward Industries by adding Forward Industries to a well-diversified portfolio.
Forward Industries Fundamentals Growth
Forward Stock prices reflect investors' perceptions of the future prospects and financial health of Forward Industries, and Forward Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Forward Stock performance.
| Return On Equity | -0.0321 | |||
| Return On Asset | -0.003 | |||
| Profit Margin | (0.11) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 6.12 M | |||
| Shares Outstanding | 10.06 M | |||
| Price To Earning | 33.29 X | |||
| Price To Book | 2.32 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 36.69 M | |||
| Gross Profit | 8.37 M | |||
| EBITDA | 212.87 K | |||
| Net Income | (3.74 M) | |||
| Cash And Equivalents | 2.28 M | |||
| Cash Per Share | 0.23 X | |||
| Total Debt | 4.35 M | |||
| Debt To Equity | 0.75 % | |||
| Current Ratio | 1.45 X | |||
| Book Value Per Share | 0.23 X | |||
| Cash Flow From Operations | 1.04 M | |||
| Earnings Per Share | (0.01) X | |||
| Market Capitalization | 5.15 M | |||
| Total Asset | 17.39 M | |||
| Retained Earnings | (17.69 M) | |||
| Working Capital | 534.12 K | |||
| Current Asset | 12.34 M | |||
| Current Liabilities | 4.17 M | |||
About Forward Industries Performance
To evaluate Forward Industries 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 Forward Industries 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 Forward 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 Forward Industries market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Forward'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 Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 4.96 | 4.71 | |
| Return On Tangible Assets | (0.29) | (0.28) | |
| Return On Capital Employed | 0.03 | 0.02 | |
| Return On Assets | (0.25) | (0.23) | |
| Return On Equity | (1.64) | (1.56) |
Things to note about Forward Industries performance evaluation
Checking the ongoing alerts about Forward Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Forward Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Forward Industries generated a negative expected return over the last 90 days | |
| Forward Industries has high historical volatility and very poor performance | |
| Forward Industries has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 36.69 M. Net Loss for the year was (3.74 M) with profit before overhead, payroll, taxes, and interest of 8.37 M. | |
| About 31.0% of the company shares are held by company insiders | |
| Latest headline from finance.yahoo.com: Strong fleet sales offset electric losses at Ford |
- Analyzing Forward Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Forward Industries' stock is overvalued or undervalued compared to its peers.
- Examining Forward Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Forward Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Forward Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Forward Industries' stock. These opinions can provide insight into Forward Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Forward Stock analysis
When running Forward Industries' price analysis, check to measure Forward Industries' 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 Forward Industries is operating at the current time. Most of Forward Industries' value examination focuses on studying past and present price action to predict the probability of Forward Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Industries' price. Additionally, you may evaluate how the addition of Forward Industries to your portfolios can decrease your overall portfolio volatility.
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Is Forward Industries' 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 Forward Industries. If investors know Forward 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 Forward Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share (0.01) | Revenue Per Share 3.388 | Quarterly Revenue Growth (0.27) | Return On Assets (0) |
The market value of Forward Industries is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Industries' value that differs from its market value or its book value, called intrinsic value, which is Forward Industries' 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 Forward Industries' market value can be influenced by many factors that don't directly affect Forward Industries' 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 Forward Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Industries' 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.