Forza Innovations Stock Beta
| FORZ Stock | USD 0.0001 0.00 0.00% |
Forza Innovations fundamentals help investors to digest information that contributes to Forza Innovations' financial success or failures. It also enables traders to predict the movement of Forza Pink Sheet. The fundamental analysis module provides a way to measure Forza Innovations' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forza Innovations pink sheet.
Forza |
Forza Innovations Company Beta Analysis
Forza Innovations' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Forza Innovations Beta | 4.77 |
Most of Forza Innovations' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forza Innovations is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Forza Innovations has a Beta of 4.7652. This is much higher than that of the Healthcare sector and notably higher than that of the Medical Devices industry. The beta for all United States stocks is notably lower than that of the firm.
Forza Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forza Innovations' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Forza Innovations could also be used in its relative valuation, which is a method of valuing Forza Innovations by comparing valuation metrics of similar companies.Forza Innovations is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Forza Innovations will likely underperform.
Forza Fundamentals
| Return On Asset | -2.92 | |||
| Operating Margin | (26.62) % | |||
| Current Valuation | 1.45 M | |||
| Shares Outstanding | 791.49 M | |||
| Shares Owned By Insiders | 34.16 % | |||
| Price To Sales | 7.43 X | |||
| Revenue | 25.87 K | |||
| Gross Profit | 23.08 K | |||
| EBITDA | (2.14 M) | |||
| Net Income | (2.7 M) | |||
| Cash And Equivalents | 295.91 K | |||
| Total Debt | 947.25 K | |||
| Current Ratio | 0.17 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (712.14 K) | |||
| Earnings Per Share | (0.01) X | |||
| Beta | 4.77 | |||
| Market Capitalization | 316.59 K | |||
| Total Asset | 462.56 K | |||
| Z Score | -13.2 | |||
| Net Asset | 462.56 K |
About Forza Innovations Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forza Innovations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forza Innovations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forza Innovations based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Forza Pink Sheet Analysis
When running Forza Innovations' price analysis, check to measure Forza Innovations' 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 Forza Innovations is operating at the current time. Most of Forza Innovations' value examination focuses on studying past and present price action to predict the probability of Forza Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forza Innovations' price. Additionally, you may evaluate how the addition of Forza Innovations to your portfolios can decrease your overall portfolio volatility.