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FORR vs. NRC
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

FORR vs. NRC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Forrester Research, Inc. (FORR) and National Research Corporation (NRC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FORR achieves a 41.63% return, which is significantly higher than NRC's 5.72% return. Over the past 10 years, FORR has underperformed NRC with an annualized return of -11.23%, while NRC has yielded a comparatively higher 4.32% annualized return.


FORR

1D
18.07%
1M
21.69%
6M
41.80%
YTD
41.63%
1Y
5.12%
3Y*
-29.20%
5Y*
-24.49%
10Y*
-11.23%
ALL TIME*
0.94%

NRC

1D
3.17%
1M
-12.90%
6M
-2.44%
YTD
5.72%
1Y
60.49%
3Y*
-20.51%
5Y*
-15.88%
10Y*
4.32%
ALL TIME*
2.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$1.24M$1.35M$1.07M
$2.12M$1.88M$2.50M

FORR vs. NRC - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FORR
Forrester Research, Inc.
41.63%-48.18%-41.55%-25.03%-39.11%40.17%0.48%-6.71%2.99%5.33%
NRC
National Research Corporation
5.72%10.00%-54.49%9.63%-8.23%-1.83%-34.84%75.47%4.04%99.10%

Correlation

The correlation between FORR and NRC is 0.30, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.30

Correlation (3Y)
Balances recent behavior with more history.

0.32

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.31

Correlation (10Y)
Provides a long-term view across more market conditions.

0.33

Correlation (All Time)
Calculated using the full available price history since May 23, 2013

0.31

Fundamentals

Market Cap

FORR:

$223.24M

NRC:

$439.69M

EPS

FORR:

-$2.83

NRC:

$0.27

PS Ratio

FORR:

0.56

NRC:

3.08

PB Ratio

FORR:

2.07

NRC:

65.57

Total Revenue (TTM)

FORR:

$392.47M

NRC:

$140.00M

Gross Profit (TTM)

FORR:

$212.00M

NRC:

$58.11M

EBITDA (TTM)

FORR:

$15.35M

NRC:

$20.78M

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Forrester Research, Inc.

National Research Corporation

Return for Risk

FORR vs. NRC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FORR
FORR Risk / Return Rank: 5454
Overall Rank
FORR Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
FORR Sortino Ratio Rank: 5555
Sortino Ratio Rank
FORR Omega Ratio Rank: 5454
Omega Ratio Rank
FORR Calmar Ratio Rank: 5353
Calmar Ratio Rank
FORR Martin Ratio Rank: 5252
Martin Ratio Rank

NRC
NRC Risk / Return Rank: 7373
Overall Rank
NRC Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
NRC Sortino Ratio Rank: 7171
Sortino Ratio Rank
NRC Omega Ratio Rank: 7575
Omega Ratio Rank
NRC Calmar Ratio Rank: 7171
Calmar Ratio Rank
NRC Martin Ratio Rank: 7373
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FORR vs. NRC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Forrester Research, Inc. (FORR) and National Research Corporation (NRC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


FORRNRCDifference
Sharpe ratioReturn per unit of total volatility

-0.74

Sortino ratioReturn per unit of downside risk

-0.67

Omega ratioGain probability vs. loss probability

1.11

1.23

-0.12

Calmar ratioReturn relative to maximum drawdown

0.33

1.33

-1.00

Martin ratioReturn relative to average drawdown

0.55

3.36

-2.81

FORR vs. NRC - Sharpe Ratio Comparison

The current FORR Sharpe Ratio is 0.31, which is lower than the NRC Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of FORR and NRC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FORR vs. NRC - Drawdown Comparison

The maximum FORR drawdown since its inception was -92.02%, which is greater than NRC's maximum drawdown of -84.10%. Use the drawdown chart below to compare losses from any high point for FORR and NRC.


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Drawdown Indicators


FORRNRCDifference

Max Drawdown

Largest peak-to-trough decline

-92.02%

-84.10%

-7.92%

Max Drawdown (1Y)

Largest decline over 1 year

-54.95%

-46.49%

-8.46%

Max Drawdown (3Y)

Largest decline over 3 years

-84.44%

-77.58%

-6.86%

Max Drawdown (5Y)

Largest decline over 5 years

-91.68%

-79.68%

-12.00%

Max Drawdown (10Y)

Largest decline over 10 years

-91.68%

-84.10%

-7.58%

Current Drawdown

Current decline from peak

-81.83%

-68.08%

-13.75%

Average Drawdown

Average peak-to-trough decline

-52.13%

-30.75%

-21.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

33.15%

18.38%

+14.77%

Volatility

FORR vs. NRC - Volatility Comparison

Forrester Research, Inc. (FORR) and National Research Corporation (NRC) have volatilities of 23.35% and 22.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FORRNRCDifference

Volatility (1M)

Calculated over the trailing 1-month period

23.35%

22.36%

+0.99%

Volatility (6M)

Calculated over the trailing 6-month period

45.50%

49.70%

-4.20%

Volatility (1Y)

Calculated over the trailing 1-year period

57.80%

58.68%

-0.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

42.71%

42.49%

+0.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

41.02%

40.47%

+0.55%

Dividends

FORR vs. NRC - Dividend Comparison

FORR has not paid dividends to shareholders, while NRC's dividend yield for the trailing twelve months is around 3.08%.


PositionTTM20252024202320222021202020192018201720162015
FORR
Forrester Research, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.79%2.15%1.68%2.39%
NRC
National Research Corporation
3.08%2.77%2.72%3.74%2.25%1.16%0.49%1.18%1.65%1.07%1.79%3.87%

Financials

FORR vs. NRC - Financials Comparison

This section allows you to compare key financial metrics between Forrester Research, Inc. and National Research Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items

FORR vs. NRC - Profitability Comparison

The chart below illustrates the profitability comparison between Forrester Research, Inc. and National Research Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

FORR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Forrester Research, Inc. reported a gross profit of 43.30M and revenue of 85.45M. Therefore, the gross margin over that period was 50.7%.

NRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, National Research Corporation reported a gross profit of 0.00 and revenue of 35.39M. Therefore, the gross margin over that period was 0.0%.

FORR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Forrester Research, Inc. reported an operating income of -5.68M and revenue of 85.45M, resulting in an operating margin of -6.7%.

NRC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, National Research Corporation reported an operating income of -3.24M and revenue of 35.39M, resulting in an operating margin of -9.2%.

FORR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Forrester Research, Inc. reported a net income of -21.83M and revenue of 85.45M, resulting in a net margin of -25.5%.

NRC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, National Research Corporation reported a net income of -3.28M and revenue of 35.39M, resulting in a net margin of -9.3%.


Frequently Asked Questions


FORR and NRC have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FORR has higher volatility (23.35%) compared to NRC (22.36%). In terms of maximum drawdown, FORR dropped -92.02% vs NRC's -84.10%.

NRC currently has the higher Sharpe Ratio (1.05 vs 0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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