Forge Global Holdings Stock Statistic Functions Beta

FRGE Stock  USD 1.09  0.02  1.87%   
Forge Global statistic functions tool provides the execution environment for running the Beta function and other technical functions against Forge Global. Forge Global value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Forge Global statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Forge Global Holdings correlated with the market. If Beta is less than 0 Forge Global generally moves in the opposite direction as compared to the market. If Forge Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Forge Global Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Forge Global is generally in the same direction as the market. If Beta > 1 Forge Global moves generally in the same direction as, but more than the movement of the benchmark.

Forge Global Technical Analysis Modules

Most technical analysis of Forge Global help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Forge from various momentum indicators to cycle indicators. When you analyze Forge charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Forge Global Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Forge Global Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forge Global Holdings based on widely used predictive technical indicators. In general, we focus on analyzing Forge Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forge Global's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Forge Global's intrinsic value. In addition to deriving basic predictive indicators for Forge Global, we also check how macroeconomic factors affect Forge Global price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield1.53E-41.36E-4
Price To Sales Ratio8.528.09
Hype
Prediction
LowEstimatedHigh
0.051.096.05
Details
Intrinsic
Valuation
LowRealHigh
0.091.766.72
Details
6 Analysts
Consensus
LowTargetHigh
3.644.004.44
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.1-0.09-0.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Forge Global. Your research has to be compared to or analyzed against Forge Global's peers to derive any actionable benefits. When done correctly, Forge Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Forge Global Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forge Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forge Global's short interest history, or implied volatility extrapolated from Forge Global options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Momentum Idea
Momentum
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Business Services Idea
Business Services
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
When determining whether Forge Global Holdings is a strong investment it is important to analyze Forge Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forge Global's future performance. For an informed investment choice regarding Forge Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forge Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forge Global. If investors know Forge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forge Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.43)
Revenue Per Share
0.443
Quarterly Revenue Growth
0.035
Return On Assets
(0.18)
Return On Equity
(0.30)
The market value of Forge Global Holdings is measured differently than its book value, which is the value of Forge that is recorded on the company's balance sheet. Investors also form their own opinion of Forge Global's value that differs from its market value or its book value, called intrinsic value, which is Forge Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forge Global's market value can be influenced by many factors that don't directly affect Forge Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forge Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forge Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forge Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.