FORWARD AIR (Germany) Market Value
| FA2 Stock | EUR 23.00 0.25 1.08% |
| Symbol | FORWARD |
Please note, there is a significant difference between FORWARD AIR's value and its price as these two are different measures arrived at by different means. Investors typically determine if FORWARD AIR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FORWARD AIR'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.
FORWARD AIR 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to FORWARD AIR's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of FORWARD AIR.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in FORWARD AIR on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding FORWARD AIR P or generate 0.0% return on investment in FORWARD AIR over 90 days. FORWARD AIR is related to or competes with Sligro Food, SENECA FOODS-A, Delta Air, EBRO FOODS, Fevertree Drinks, and GWILLI FOOD. More
FORWARD AIR Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure FORWARD AIR's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess FORWARD AIR P upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | 0.2161 | |||
| Maximum Drawdown | 26.8 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 9.48 |
FORWARD AIR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FORWARD AIR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FORWARD AIR's standard deviation. In reality, there are many statistical measures that can use FORWARD AIR historical prices to predict the future FORWARD AIR's volatility.| Risk Adjusted Performance | 0.2382 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | 0.4834 | |||
| Sortino Ratio | 0.3502 | |||
| Treynor Ratio | 6.56 |
FORWARD AIR P Backtested Returns
FORWARD AIR is not too volatile given 3 months investment horizon. FORWARD AIR P secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23 % return per unit of volatility over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.07% are justified by taking the suggested risk. Use FORWARD AIR Downside Deviation of 2.86, mean deviation of 3.27, and Market Risk Adjusted Performance of 6.57 to evaluate company specific risk that cannot be diversified away. FORWARD AIR holds a performance score of 18 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, FORWARD AIR's returns are expected to increase less than the market. However, during the bear market, the loss of holding FORWARD AIR is expected to be smaller as well. Use FORWARD AIR treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to analyze future returns on FORWARD AIR.
Auto-correlation | 0.43 |
Average predictability
FORWARD AIR P has average predictability. Overlapping area represents the amount of predictability between FORWARD AIR time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FORWARD AIR P price movement. The serial correlation of 0.43 indicates that just about 43.0% of current FORWARD AIR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 6.99 |
FORWARD AIR P lagged returns against current returns
Autocorrelation, which is FORWARD AIR stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting FORWARD AIR's stock expected returns. We can calculate the autocorrelation of FORWARD AIR returns to help us make a trade decision. For example, suppose you find that FORWARD AIR has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
FORWARD AIR regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If FORWARD AIR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FORWARD AIR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FORWARD AIR stock over time.
Current vs Lagged Prices |
| Timeline |
FORWARD AIR Lagged Returns
When evaluating FORWARD AIR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FORWARD AIR stock have on its future price. FORWARD AIR autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, FORWARD AIR autocorrelation shows the relationship between FORWARD AIR stock current value and its past values and can show if there is a momentum factor associated with investing in FORWARD AIR P.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FORWARD Stock
FORWARD AIR financial ratios help investors to determine whether FORWARD Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FORWARD with respect to the benefits of owning FORWARD AIR security.