Forrester Research Stock Technical Analysis
| FORR Stock | USD 16.68 0.79 4.52% |
As of the 11th of June 2024, Forrester Research shows the Standard Deviation of 2.33, mean deviation of 1.68, and Variance of 5.43. Forrester Research technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Forrester Research market risk adjusted performance and treynor ratio to decide if Forrester Research is priced favorably, providing market reflects its regular price of 16.68 per share. Given that Forrester Research has information ratio of (0.07), we urge you to verify Forrester Research's prevailing market performance to make sure the company can sustain itself at a future point.
Forrester Research Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Forrester, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ForresterForrester |
Forrester Research Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 36.5 | Hold | 2 | Odds |
Most Forrester analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Forrester stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Forrester Research, talking to its executives and customers, or listening to Forrester conference calls.
Forrester Research 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.
Forrester Research Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Forrester Research volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Forrester Research Trend Analysis
Use this graph to draw trend lines for Forrester Research. You can use it to identify possible trend reversals for Forrester Research as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Forrester Research price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Forrester Research Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Forrester Research applied against its price change over selected period. The best fit line has a slop of 0.06 , which may suggest that Forrester Research market price will keep on failing further. It has 122 observation points and a regression sum of squares at 143.95, which is the sum of squared deviations for the predicted Forrester Research price change compared to its average price change.About Forrester Research Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Forrester Research on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Forrester Research based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Forrester Research price pattern first instead of the macroeconomic environment surrounding Forrester Research. By analyzing Forrester Research's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Forrester Research's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Forrester Research specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Dividend Yield | 0.0206 | 0.0287 | Price To Sales Ratio | 1.07 | 1.02 |
Forrester Research June 11, 2024 Technical Indicators
Most technical analysis of Forrester help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Forrester from various momentum indicators to cycle indicators. When you analyze Forrester charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (3.87) | |||
| Mean Deviation | 1.68 | |||
| Coefficient Of Variation | (1,612) | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.43 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (3.88) | |||
| Maximum Drawdown | 14.18 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 4.15 | |||
| Skewness | 0.8799 | |||
| Kurtosis | 2.08 |
Additional Tools for Forrester Stock Analysis
When running Forrester Research's price analysis, check to measure Forrester Research'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 Forrester Research is operating at the current time. Most of Forrester Research's value examination focuses on studying past and present price action to predict the probability of Forrester Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forrester Research's price. Additionally, you may evaluate how the addition of Forrester Research to your portfolios can decrease your overall portfolio volatility.