Forward Water Technologies Stock Beta
| FWTC Stock | 0.08 0.01 14.29% |
Forward Water Technologies fundamentals help investors to digest information that contributes to Forward Water's financial success or failures. It also enables traders to predict the movement of Forward Stock. The fundamental analysis module provides a way to measure Forward Water's 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 Forward Water stock.
Forward | Beta |
Forward Water Technologies Company Beta Analysis
Forward Water's 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 Forward Water Beta | 1.67 |
Most of Forward Water's 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, Forward Water Technologies 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.
| Competition |
In accordance with the recently published financial statements, Forward Water Technologies has a Beta of 1.67. This is 271.11% higher than that of the Water Utilities sector and significantly higher than that of the Utilities industry. The beta for all Canada stocks is notably lower than that of the firm.
Forward Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forward Water's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forward Water could also be used in its relative valuation, which is a method of valuing Forward Water by comparing valuation metrics of similar companies.Forward Water 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, Forward Water will likely underperform.
Forward Fundamentals
| Return On Equity | -10.2 | ||||
| Return On Asset | -0.71 | ||||
| Operating Margin | (27.03) % | ||||
| Current Valuation | 933.75 K | ||||
| Shares Outstanding | 49.17 M | ||||
| Shares Owned By Insiders | 41.82 % | ||||
| Number Of Shares Shorted | 2.22 K | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 44.94 X | ||||
| Revenue | 71.06 K | ||||
| Gross Profit | 281.01 K | ||||
| EBITDA | (1.73 M) | ||||
| Net Income | (2.2 M) | ||||
| Total Debt | 408.89 K | ||||
| Book Value Per Share | (0.04) X | ||||
| Cash Flow From Operations | (997.01 K) | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 3.44 M | ||||
| Total Asset | 1.59 M | ||||
| Retained Earnings | (14.86 M) | ||||
| Working Capital | (1.23 M) | ||||
| Net Asset | 1.59 M |
About Forward Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forward Water Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forward Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forward Water Technologies 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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Additional Tools for Forward Stock Analysis
When running Forward Water's price analysis, check to measure Forward Water'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 Forward Water is operating at the current time. Most of Forward Water's value examination focuses on studying past and present price action to predict the probability of Forward Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Water's price. Additionally, you may evaluate how the addition of Forward Water to your portfolios can decrease your overall portfolio volatility.