Forge Global Holdings Stock Price on August 28, 2023

FRGE Stock  USD 1.00  0.09  8.26%   
If you're considering investing in Forge Stock, it is important to understand the factors that can impact its price. As of today, the current price of Forge Global stands at 1.00, as last reported on the 5th of December, with the highest price reaching 1.02 and the lowest price hitting 0.97 during the day. Forge Global Holdings secures Sharpe Ratio (or Efficiency) of -0.0453, which denotes the company had a -0.0453% return per unit of risk over the last 3 months. Forge Global Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Forge Global's Variance of 24.48, standard deviation of 4.95, and Mean Deviation of 3.53 to check the risk estimate we provide.
  
The current year's Other Stockholder Equity is expected to grow to about 570.4 M, whereas Total Stockholder Equity is forecasted to decline to about 211.9 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.21, whereas Price To Sales Ratio is forecasted to decline to 8.09. Forge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0453

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Estimated Market Risk

 4.99
  actual daily
44
56% of assets are more volatile

Expected Return

 -0.23
  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 Forge Global 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 Forge Global by adding Forge Global to a well-diversified portfolio.
Price Book
0.7889
Enterprise Value Ebitda
(2.03)
Price Sales
2.3185
Shares Float
132.6 M
Wall Street Target Price
3.675

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Forge Global Valuation on August 28, 2023

It is possible to determine the worth of Forge Global on a given historical date. On August 28, 2023 Forge was worth 2.28 at the beginning of the trading date compared to the closed value of 2.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Forge Global stock. Still, in general, we apply an absolute valuation method to find Forge Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Forge Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Forge Global's related companies.
 Open High Low Close Volume
  2.21    2.30    2.19    2.28    165,000  
08/28/2023
  2.28    2.36    2.24    2.32    136,600  
  2.30    2.48    2.27    2.46    180,800  
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Open Value
2.28
2.32
Closing Value
17.25
Upside

Forge Global Trading Date Momentum on August 28, 2023

On August 29 2023 Forge Global Holdings was traded for  2.46  at the closing time. The top price for the day was 2.48  and the lowest listed price was  2.27 . The trading volume for the day was 180.8 K. The trading history from August 29, 2023 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 6.03% . The overall trading delta against the current closing price is 0.43% .

Forge Global Holdings Fundamentals Correlations and Trends

By evaluating Forge Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Forge Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Forge financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Forge Global Stock history

Forge Global investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Forge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Forge Global Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Forge Global stock prices may prove useful in developing a viable investing in Forge Global
Last ReportedProjected for Next Year
Common Stock Shares Outstanding173.4 M130.6 M
Net Loss-100.7 M-95.6 M

Forge Global Quarterly Net Working Capital

105.31 Million

Forge Global Stock Technical Analysis

Forge Global 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 Forge Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Forge Global 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...

Price Boundaries

Forge Global Period Price Range

Low
December 5, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Forge Global Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Forge Global December 5, 2024 Market Strength

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

Forge Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Forge Global's price direction in advance. Along with the technical and fundamental analysis of Forge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Forge to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Forge Stock analysis

When running Forge Global's price analysis, check to measure Forge Global'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 Forge Global is operating at the current time. Most of Forge Global's value examination focuses on studying past and present price action to predict the probability of Forge Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forge Global's price. Additionally, you may evaluate how the addition of Forge Global to your portfolios can decrease your overall portfolio volatility.
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