Forian Inc Stock Analysis

Forian Stock Analysis Notes

About 49.0% of the company shares are held by company insiders. The book value of Forian was currently reported as 0.85. The company has Price/Earnings To Growth (PEG) ratio of 0.68. Forian Inc had not issued any dividends in recent years. The entity had 1:20 split on the 3rd of March 2021. Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. In addition, the company offers security monitoring and web marketing services. Forian operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 138 people. To learn more about Forian Inc call Daniel Barton at 267 225 6263 or check out https://forian.com.

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Forian Stock Institutional Investors

Note, although Forian's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Forian Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 84.08 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forian's market, we take the total number of its shares issued and multiply it by Forian's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Forian Profitablity

The company has Profit Margin (PM) of 0.54 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.17) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.17.

Management Efficiency

Forian Inc has return on total asset (ROA) of (0.0594) % which means that it has lost $0.0594 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0898 %, meaning that it created $0.0898 on every $100 dollars invested by stockholders. Forian's management efficiency ratios could be used to measure how well Forian manages its routine affairs as well as how well it operates its assets and liabilities. As of May 6, 2024, Return On Tangible Assets is expected to decline to -0.0075. The current year's Return On Capital Employed is expected to grow to -0.09. At present, Forian's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 3.5 M, whereas Total Assets are forecasted to decline to about 38.5 M.

Technical Drivers

As of the 6th of May, Forian shows the Mean Deviation of 3.45, coefficient of variation of 4139.91, and Downside Deviation of 4.9. Forian Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Forian Inc, which can be compared to its peers. Please confirm Forian Inc treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Forian Inc is priced favorably, providing market reflects its regular price of 2.7 per share. Please also check Forian Inc total risk alpha, which is currently at (0.41) to verify the company can sustain itself at a future point.

Forian Inc Price Movement Analysis

Forian Inc Insider Trading Activities

Forian Predictive Daily Indicators

Forian Corporate Filings

Forian Forecast Models

Forian's time-series forecasting models are one of many Forian's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Forian's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Forian prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Forian shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Forian. By using and applying Forian Stock analysis, traders can create a robust methodology for identifying Forian entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Forian analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Forian analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Forian Inc stock analysis indicators help investors evaluate how Forian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Forian shares will generate the highest return on investment. By understating and applying Forian stock analysis, traders can identify Forian position entry and exit signals to maximize returns.

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forian Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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.

Is Forian's industry 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 Forian. If investors know Forian 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 Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian'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 Forian's market value can be influenced by many factors that don't directly affect Forian'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 Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian'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.