Friedman Industries Stock Price on December 26, 2023
| FRD Stock | USD 15.77 0.12 0.76% |
Below is the normalized historical share price chart for Friedman Industries extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Friedman Industries stands at 15.77, as last reported on the 14th of December 2024, with the highest price reaching 16.01 and the lowest price hitting 15.60 during the day.
If you're considering investing in Friedman Stock, it is important to understand the factors that can impact its price. Friedman Industries appears to be somewhat reliable, given 3 months investment horizon. Friedman Industries secures Sharpe Ratio (or Efficiency) of 0.0581, which denotes the company had a 0.0581% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Friedman Industries, which you can use to evaluate the volatility of the firm. Please utilize Friedman Industries' Mean Deviation of 2.82, downside deviation of 3.02, and Coefficient Of Variation of 2255.75 to check if our risk estimates are consistent with your expectations.
At present, Friedman Industries' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 241.5 M, whereas Common Stock is forecasted to decline to about 8.8 M. . At present, Friedman Industries' Price Earnings Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 27.72, whereas Price Earnings To Growth Ratio is projected to grow to (0.40). Friedman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of March 1992 | 200 Day MA 16.4678 | 50 Day MA 15.108 | Beta 1.385 |
Friedman |
Sharpe Ratio = 0.0581
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | FRD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Friedman Industries is performing at about 4% 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 Friedman Industries by adding it to a well-diversified portfolio.
Price Book 0.8532 | Enterprise Value Ebitda 8.4666 | Price Sales 0.2422 | Shares Float 5.8 M | Dividend Share 0.14 |
Friedman Industries Valuation on December 26, 2023
It is possible to determine the worth of Friedman Industries on a given historical date. On December 26, 2023 Friedman was worth 15.09 at the beginning of the trading date compared to the closed value of 15.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Friedman Industries stock. Still, in general, we apply an absolute valuation method to find Friedman Industries' 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 Friedman Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Friedman Industries' related companies.
| Open | High | Low | Close | Volume | |
| 14.97 | 15.59 | 14.66 | 15.09 | 24,376 | |
12/26/2023 | 15.09 | 15.64 | 14.76 | 15.09 | 25,515 |
| 15.23 | 15.62 | 15.15 | 15.39 | 47,056 |
| Backtest Friedman Industries | | | Friedman Industries History | | | Friedman Industries Valuation | Previous | Next |
Friedman Industries Trading Date Momentum on December 26, 2023
| On December 27 2023 Friedman Industries was traded for 15.39 at the closing time. Highest Friedman Industries's price during the trading hours was 15.62 and the lowest price during the day was 15.15 . The net volume was 47.1 K. The overall trading history on the 27th of December contributed to the next trading period price growth. The overall trading delta to the next next day price was 1.99% . The overall trading delta to current price is 1.86% . |
Friedman Industries Fundamentals Correlations and Trends
By evaluating Friedman Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Friedman Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Friedman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Friedman Industries Stock history
Friedman Industries 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 Friedman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Friedman Industries 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 Friedman Industries stock prices may prove useful in developing a viable investing in Friedman Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.2 M | 7.5 M | |
| Net Income Applicable To Common Shares | 24.5 M | 25.8 M |
Friedman Industries Quarterly Net Working Capital |
|
Friedman Industries Stock Technical Analysis
Friedman Industries 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
Friedman Industries Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Friedman Industries cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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.
Friedman Industries December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Friedman Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Friedman Industries shares will generate the highest return on investment. By undertsting and applying Friedman Industries stock market strength indicators, traders can identify Friedman Industries entry and exit signals to maximize returns
Friedman Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Friedman Industries' price direction in advance. Along with the technical and fundamental analysis of Friedman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Friedman 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 | 0.0401 | |||
| Jensen Alpha | 0.1774 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0194 | |||
| Treynor Ratio | (0.47) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Friedman Stock analysis
When running Friedman Industries' price analysis, check to measure Friedman Industries' 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 Friedman Industries is operating at the current time. Most of Friedman Industries' value examination focuses on studying past and present price action to predict the probability of Friedman Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Friedman Industries' price. Additionally, you may evaluate how the addition of Friedman Industries to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Global Correlations Find global opportunities by holding instruments from different markets |