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

Performance

NRC vs. FORR - Performance Comparison

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

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Returns By Period

In the year-to-date period, NRC achieves a 7.75% return, which is significantly higher than FORR's -9.48% return. Over the past 10 years, NRC has outperformed FORR with an annualized return of 5.95%, while FORR has yielded a comparatively lower -14.37% annualized return.


NRC

1D
2.82%
1M
5.03%
YTD
7.75%
6M
7.30%
1Y
21.94%
3Y*
-20.97%
5Y*
-12.97%
10Y*
5.95%

FORR

1D
3.38%
1M
8.73%
YTD
-9.48%
6M
3.67%
1Y
-23.91%
3Y*
-36.64%
5Y*
-30.24%
10Y*
-14.37%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NRC vs. FORR - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
NRC
National Research Corporation
7.75%10.00%-54.49%9.63%-8.23%-1.83%-34.84%75.47%4.04%99.10%
FORR
Forrester Research, Inc.
-9.48%-48.18%-41.55%-25.03%-39.11%40.17%0.48%-6.71%2.99%5.33%

Correlation

The correlation between NRC and FORR is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.30

Correlation (3Y)
Calculated over the trailing 3-year period

0.31

Correlation (5Y)
Calculated over the trailing 5-year period

0.31

Correlation (10Y)
Calculated over the trailing 10-year period

0.33

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

0.31

Fundamentals

Market Cap

NRC:

$439.10M

FORR:

$140.17M

EPS

NRC:

$0.41

FORR:

-$2.82

PS Ratio

NRC:

3.21

FORR:

0.36

PB Ratio

NRC:

32.54

FORR:

1.32

Total Revenue (TTM)

NRC:

$138.64M

FORR:

$392.47M

Gross Profit (TTM)

NRC:

$58.44M

FORR:

$212.00M

EBITDA (TTM)

NRC:

$25.36M

FORR:

$15.35M

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National Research Corporation

Forrester Research, Inc.

Return for Risk

NRC vs. FORR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRC
NRC Risk / Return Rank: 5454
Overall Rank
NRC Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
NRC Sortino Ratio Rank: 5353
Sortino Ratio Rank
NRC Omega Ratio Rank: 5353
Omega Ratio Rank
NRC Calmar Ratio Rank: 5454
Calmar Ratio Rank
NRC Martin Ratio Rank: 5555
Martin Ratio Rank

FORR
FORR Risk / Return Rank: 2525
Overall Rank
FORR Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
FORR Sortino Ratio Rank: 2323
Sortino Ratio Rank
FORR Omega Ratio Rank: 2424
Omega Ratio Rank
FORR Calmar Ratio Rank: 2828
Calmar Ratio Rank
FORR Martin Ratio Rank: 2929
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NRC vs. FORR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for National Research Corporation (NRC) and Forrester Research, Inc. (FORR). 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.


NRCFORRDifference
Sharpe ratioReturn per unit of total volatility

+0.85

Sortino ratioReturn per unit of downside risk

+1.26

Omega ratioGain probability vs. loss probability

1.12

0.96

+0.16

Calmar ratioReturn relative to maximum drawdown

0.47

-0.44

+0.91

Martin ratioReturn relative to average drawdown

1.10

-0.73

+1.83

NRC vs. FORR - Sharpe Ratio Comparison

The current NRC Sharpe Ratio is 0.39, which is higher than the FORR Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of NRC and FORR, 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

NRC vs. FORR - Drawdown Comparison

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


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Drawdown Indicators


NRCFORRDifference

Max Drawdown

Largest peak-to-trough decline

-84.10%

-92.02%

+7.92%

Max Drawdown (1Y)

Largest decline over 1 year

-46.49%

-55.03%

+8.54%

Max Drawdown (3Y)

Largest decline over 3 years

-77.58%

-84.44%

+6.86%

Max Drawdown (5Y)

Largest decline over 5 years

-79.68%

-91.68%

+12.00%

Max Drawdown (10Y)

Largest decline over 10 years

-84.10%

-91.68%

+7.58%

Current Drawdown

Current decline from peak

-67.46%

-88.39%

+20.93%

Average Drawdown

Average peak-to-trough decline

-30.46%

-52.01%

+21.55%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.92%

32.92%

-13.00%

Volatility

NRC vs. FORR - Volatility Comparison

National Research Corporation (NRC) has a higher volatility of 19.27% compared to Forrester Research, Inc. (FORR) at 12.17%. This indicates that NRC's price experiences larger fluctuations and is considered to be riskier than FORR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NRCFORRDifference

Volatility (1M)

Calculated over the trailing 1-month period

19.27%

12.17%

+7.10%

Volatility (6M)

Calculated over the trailing 6-month period

45.83%

35.84%

+9.99%

Volatility (1Y)

Calculated over the trailing 1-year period

56.57%

52.10%

+4.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

41.53%

40.76%

+0.77%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

40.06%

39.95%

+0.11%

Dividends

NRC vs. FORR - Dividend Comparison

NRC's dividend yield for the trailing twelve months is around 2.79%, while FORR has not paid dividends to shareholders.


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
2.79%2.77%2.72%3.74%2.25%1.16%0.49%1.18%1.65%1.07%1.79%3.87%

Financials

NRC vs. FORR - Financials Comparison

This section allows you to compare key financial metrics between National Research Corporation and Forrester Research, Inc.. 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


40.00M60.00M80.00M100.00M120.00M140.00M20222023202420252026
34.80M
85.45M
(NRC) Total Revenue
(FORR) Total Revenue
Values in USD except per share items

NRC vs. FORR - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%202220232024202520260
50.7%
Portfolio components
NRC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Research Corporation reported a gross profit of 0.00 and revenue of 34.80M. Therefore, the gross margin over that period was 0.0%.

FORR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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 - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Research Corporation reported an operating income of 5.57M and revenue of 34.80M, resulting in an operating margin of 16.0%.

FORR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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 - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Research Corporation reported a net income of 3.22M and revenue of 34.80M, resulting in a net margin of 9.3%.

FORR - Net Margin

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


Frequently Asked Questions


NRC and FORR 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.

NRC has higher volatility (19.27%) compared to FORR (12.17%). In terms of maximum drawdown, NRC dropped -84.10% vs FORR's -92.02%.

NRC currently has the higher Sharpe Ratio (0.39 vs -0.46), 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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