Franco Nevada (Germany) Price on January 4, 2024
| 3FO Stock | EUR 115.05 2.95 2.50% |
If you're considering investing in Franco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Franco Nevada stands at 115.05, as last reported on the 17th of December 2024, with the highest price reaching 116.40 and the lowest price hitting 115.00 during the day. At this point, Franco Nevada is very steady. Franco Nevada secures Sharpe Ratio (or Efficiency) of 0.0416, which denotes the company had a 0.0416% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Franco Nevada, which you can use to evaluate the volatility of the firm. Please confirm Franco Nevada's Mean Deviation of 1.25, semi deviation of 1.54, and Downside Deviation of 1.62 to check if the risk estimate we provide is consistent with the expected return of 0.0685%.
Franco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Franco |
Sharpe Ratio = 0.0416
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| Cash | Small Risk | 3FO | High Risk | Huge Risk |
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Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Franco Nevada is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Franco Nevada by adding it to a well-diversified portfolio.
Franco Nevada Valuation on January 4, 2024
It is possible to determine the worth of Franco Nevada on a given historical date. On January 4, 2024 Franco was worth 101.46 at the beginning of the trading date compared to the closed value of 101.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Franco Nevada stock. Still, in general, we apply an absolute valuation method to find Franco Nevada's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Franco Nevada where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Franco Nevada's related companies.
| Open | High | Low | Close | Volume | |
| 99.73 | 100.57 | 99.69 | 100.57 | 1,210 | |
01/04/2024 | 101.46 | 101.46 | 101.02 | 101.02 | 25.00 |
| 99.93 | 100.03 | 99.78 | 99.78 | 28.00 |
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Franco Nevada Trading Date Momentum on January 4, 2024
| On January 05 2024 Franco Nevada was traded for 99.78 at the closing time. The highest daily price throughout the period was 100.03 and the lowest price was 99.78 . The daily volume was 28.0. The net trading volume on 01/05/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 1.23% . The overall trading delta to current closing price is 5.68% . |
Franco Nevada Fundamentals Correlations and Trends
By evaluating Franco Nevada's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Franco Nevada's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Franco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Franco Nevada Stock history
Franco Nevada investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Franco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Franco Nevada will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Franco Nevada stock prices may prove useful in developing a viable investing in Franco Nevada
Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Peru, Chile, Australia, and Africa. The company was incorporated in 2007 and is headquartered in Toronto, Canada. Franco Nevada operates under Gold classification in Germany and traded on Frankfurt Stock Exchange.
Franco Nevada Stock Technical Analysis
Franco Nevada technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Franco Nevada Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Franco Nevada cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Franco Nevada December 17, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Franco Nevada's price direction in advance. Along with the technical and fundamental analysis of Franco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Franco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0199 | |||
| Jensen Alpha | 0.0172 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3323 |
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| Volume Indicators |
Complementary 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.
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