Forsee Power is selling at 0.46 as of the 4th of December 2024; that is 4.17 percent down since the beginning of the trading day. The stock's last reported lowest price was 0.45. Forsee Power has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Forsee Power SAS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of September 2024 and ending today, the 4th of December 2024. Click here to learn more.
Although Forsee Power's alpha and beta are two of the key measurements used to evaluate Forsee Power's performance over the market, the standard measures of volatility play an important role as well.
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 Forsee Power stock to make a market-neutral strategy. Peer analysis of Forsee Power could also be used in its relative valuation, which is a method of valuing Forsee Power by comparing valuation metrics with similar companies.
When running Forsee Power's price analysis, check to measure Forsee Power'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 Forsee Power is operating at the current time. Most of Forsee Power's value examination focuses on studying past and present price action to predict the probability of Forsee Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forsee Power's price. Additionally, you may evaluate how the addition of Forsee Power to your portfolios can decrease your overall portfolio volatility.