Freehold Royalties Stock Forecast - Relative Strength Index
| FRU Stock | CAD 13.23 0.07 0.53% |
Freehold Stock Forecast is based on your current time horizon. Although Freehold Royalties' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Freehold Royalties' systematic risk associated with finding meaningful patterns of Freehold Royalties fundamentals over time.
Freehold |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 53.59 | 53.59 |
| Check Freehold Royalties Volatility | Backtest Freehold Royalties | Information Ratio |
Freehold Royalties Trading Date Momentum
| On December 11 2024 Freehold Royalties was traded for 13.23 at the closing time. The maximum traded price for the trading interval was 13.24 and the lowest daily price was 13.14 . The daily volume was recorded at 1.5 M. The volume of trading on 11th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
| Compare Freehold Royalties to competition |
Other Forecasting Options for Freehold Royalties
For every potential investor in Freehold, whether a beginner or expert, Freehold Royalties' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Freehold Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Freehold. Basic forecasting techniques help filter out the noise by identifying Freehold Royalties' price trends.Freehold Royalties Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Freehold Royalties stock to make a market-neutral strategy. Peer analysis of Freehold Royalties could also be used in its relative valuation, which is a method of valuing Freehold Royalties by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Freehold Royalties Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Freehold Royalties' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Freehold Royalties' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Freehold Royalties Market Strength Events
Market strength indicators help investors to evaluate how Freehold Royalties stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freehold Royalties shares will generate the highest return on investment. By undertsting and applying Freehold Royalties stock market strength indicators, traders can identify Freehold Royalties entry and exit signals to maximize returns.
Freehold Royalties Risk Indicators
The analysis of Freehold Royalties' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Freehold Royalties' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting freehold stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8893 | |||
| Semi Deviation | 1.33 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.38 | |||
| Downside Variance | 2.04 | |||
| Semi Variance | 1.76 | |||
| Expected Short fall | (0.85) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Freehold Royalties
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Freehold Royalties position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Freehold Royalties will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Freehold Royalties could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freehold Royalties when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Freehold Royalties - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Freehold Royalties to buy it.
The correlation of Freehold Royalties is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freehold Royalties moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freehold Royalties moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Freehold Royalties can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Freehold Stock
Freehold Royalties financial ratios help investors to determine whether Freehold 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 Freehold with respect to the benefits of owning Freehold Royalties security.