Franco Nevada Stock Forecast - Daily Balance Of Power
| 3FO Stock | EUR 115.05 2.95 2.50% |
Franco Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Franco Nevada's historical fundamentals, such as revenue growth or operating cash flow patterns.
Franco |
| Check Franco Nevada Volatility | Backtest Franco Nevada | Trend Details |
Franco Nevada Trading Date Momentum
| On June 26 2024 Franco Nevada was traded for 108.46 at the closing time. The highest daily price throughout the period was 108.46 and the lowest price was 108.21 . The daily volume was 53.0. The net trading volume on 06/26/2024 did not affect price variability. The overall trading delta to current closing price is 1.28% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Franco Nevada
For every potential investor in Franco, whether a beginner or expert, Franco Nevada's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Franco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Franco. Basic forecasting techniques help filter out the noise by identifying Franco Nevada's price trends.Franco Nevada 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 Franco Nevada stock to make a market-neutral strategy. Peer analysis of Franco Nevada could also be used in its relative valuation, which is a method of valuing Franco Nevada by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Franco Nevada 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 Franco Nevada's 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 Franco Nevada's current price.| Cycle Indicators | ||
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| Volume Indicators |
Franco Nevada Market Strength Events
Market strength indicators help investors to evaluate how Franco Nevada stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Franco Nevada shares will generate the highest return on investment. By undertsting and applying Franco Nevada stock market strength indicators, traders can identify Franco Nevada entry and exit signals to maximize returns.
Franco Nevada Risk Indicators
The analysis of Franco Nevada's 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 Franco Nevada's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting franco 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 | 1.25 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.66 | |||
| Downside Variance | 2.64 | |||
| Semi Variance | 2.37 | |||
| Expected Short fall | (1.36) |
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.
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Additional Information and Resources on Investing in Franco Stock
When determining whether Franco Nevada is a strong investment it is important to analyze Franco Nevada's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franco Nevada's future performance. For an informed investment choice regarding Franco Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Franco Nevada to cross-verify your projections. For more detail on how to invest in Franco Stock please use our How to Invest in Franco Nevada guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.