FORA Stock Earnings Forian Misses EPS, Misses Revenue for Q1 2024
| FORA Stock | USD 2.00 0.04 1.96% |
About 55% of Forian's investors are presently thinking to get in. The analysis of overall sentiment of trading Forian Inc stock suggests that some investors are interested at this time. The current market sentiment, together with Forian's historical and current headlines, can help investors time the market. In addition, many technical investors use Forian Inc stock news signals to limit their universe of possible portfolio assets.
Forian |
FORA stock results show that Forian missed analyst estimates for earnings per share and missed on revenue for the first quarter of 2024.
Read at investorplace.com
 |
Forian Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Forian can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Forian Fundamental Analysis
We analyze Forian's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forian 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.
Beta
Beta Comparative Analysis
Forian is currently under evaluation in beta category among its peers. 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.
Forian Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Forian stock to make a market-neutral strategy. Peer analysis of Forian could also be used in its relative valuation, which is a method of valuing Forian by comparing valuation metrics with similar companies.
Peers
Forian Related Equities
| HCAT | Health Catalyst | 0.25 |
| ||
| HSTM | HealthStream | 0.52 |
| ||
| DH | Definitive Healthcare | 0.67 |
| ||
| HQY | HealthEquity | 2.56 |
| ||
| NRC | National Research | 3.37 |
|
Complementary Tools for Forian Stock analysis
When running Forian's price analysis, check to measure Forian'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 Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |