Franco Nevada Stock Probability of Future Stock Price Finishing Under 116.21
| FNV Stock | USD 116.21 1.05 0.91% |
Franco |
Franco Nevada Target Price Odds to finish below 116.21
The tendency of Franco Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 116.21 | 90 days | 116.21 | about 9.12 |
Based on a normal probability distribution, the odds of Franco Nevada to move below current price in 90 days from now is about 9.12 (This Franco Nevada probability density function shows the probability of Franco Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Franco Nevada has a beta of 0.11. This usually indicates as returns on the market go up, Franco Nevada average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franco Nevada will be expected to be much smaller as well. Additionally Franco Nevada has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Franco Nevada Price Density |
| Price |
Predictive Modules for Franco Nevada
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Franco Nevada. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Franco Nevada Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Franco Nevada is not an exception. The market had few large corrections towards the Franco Nevada's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Franco Nevada, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Franco Nevada within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.11 | |
σ | Overall volatility | 6.11 | |
Ir | Information ratio | -0.08 |
Franco Nevada Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Franco Nevada for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Franco Nevada can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Franco Nevada generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 1.22 B. Reported Net Loss for the year was (466.4 M) with profit before taxes, overhead, and interest of 1.14 B. | |
| Over 76.0% of the company shares are owned by institutional investors | |
| On 19th of December 2024 Franco Nevada paid $ 0.36 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Franco-Nevada Corp Announces 500 Million Precious Metals Stream with Sibanye-Stillwater |
Franco Nevada Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Franco Stock often depends not only on the future outlook of the current and potential Franco Nevada's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Franco Nevada's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 192 M | |
| Cash And Short Term Investments | 1.4 B |
Franco Nevada Technical Analysis
Franco Nevada's future price can be derived by breaking down and analyzing its technical indicators over time. Franco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franco Nevada. In general, you should focus on analyzing Franco Stock price patterns and their correlations with different microeconomic environments and drivers.
Franco Nevada Predictive Forecast Models
Franco Nevada's time-series forecasting models is one of many Franco Nevada's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Franco Nevada'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 stock market movement and maximize returns from investment trading.
Things to note about Franco Nevada
Checking the ongoing alerts about Franco Nevada for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Franco Nevada help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Franco Nevada generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 1.22 B. Reported Net Loss for the year was (466.4 M) with profit before taxes, overhead, and interest of 1.14 B. | |
| Over 76.0% of the company shares are owned by institutional investors | |
| On 19th of December 2024 Franco Nevada paid $ 0.36 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Franco-Nevada Corp Announces 500 Million Precious Metals Stream with Sibanye-Stillwater |
Additional Tools for Franco Stock Analysis
When running Franco Nevada's price analysis, check to measure Franco Nevada'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 Franco Nevada is operating at the current time. Most of Franco Nevada's value examination focuses on studying past and present price action to predict the probability of Franco Nevada's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Franco Nevada's price. Additionally, you may evaluate how the addition of Franco Nevada to your portfolios can decrease your overall portfolio volatility.