Franco Nevada Stock Market Value
| FNV Stock | USD 122.62 0.34 0.28% |
| Symbol | Franco |
Franco Nevada Price To Book Ratio
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Franco Nevada. If investors know Franco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Franco Nevada listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 1.42 | Earnings Share (3.16) | Revenue Per Share 5.655 | Quarterly Revenue Growth (0.12) |
The market value of Franco Nevada is measured differently than its book value, which is the value of Franco that is recorded on the company's balance sheet. Investors also form their own opinion of Franco Nevada's value that differs from its market value or its book value, called intrinsic value, which is Franco Nevada's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Franco Nevada's market value can be influenced by many factors that don't directly affect Franco Nevada's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Franco Nevada's value and its price as these two are different measures arrived at by different means. Investors typically determine if Franco Nevada is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franco Nevada's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Franco Nevada 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Franco Nevada's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Franco Nevada.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Franco Nevada on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Franco Nevada or generate 0.0% return on investment in Franco Nevada over 180 days. Franco Nevada is related to or competes with Royal Gold, Agnico Eagle, Pan American, Sandstorm Gold, Wheaton Precious, Seabridge Gold, and Osisko Gold. Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, ... More
Franco Nevada Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Franco Nevada's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Franco Nevada upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.26 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.46 |
Franco Nevada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franco Nevada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franco Nevada's standard deviation. In reality, there are many statistical measures that can use Franco Nevada historical prices to predict the future Franco Nevada's volatility.| Risk Adjusted Performance | 0.015 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0664 |
Franco Nevada Backtested Returns
At this stage we consider Franco Stock to be very steady. Franco Nevada secures Sharpe Ratio (or Efficiency) of 0.0391, which denotes the company had a 0.0391% 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 Semi Deviation of 1.73, downside deviation of 1.8, and Mean Deviation of 1.22 to check if the risk estimate we provide is consistent with the expected return of 0.0654%. Franco Nevada has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, Franco Nevada's returns are expected to increase less than the market. However, during the bear market, the loss of holding Franco Nevada is expected to be smaller as well. Franco Nevada right now shows a risk of 1.67%. Please confirm Franco Nevada value at risk, and the relationship between the standard deviation and kurtosis , to decide if Franco Nevada will be following its price patterns.
Auto-correlation | 0.17 |
Very weak predictability
Franco Nevada has very weak predictability. Overlapping area represents the amount of predictability between Franco Nevada time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Franco Nevada price movement. The serial correlation of 0.17 indicates that over 17.0% of current Franco Nevada price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 36.12 |
Franco Nevada lagged returns against current returns
Autocorrelation, which is Franco Nevada stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Franco Nevada's stock expected returns. We can calculate the autocorrelation of Franco Nevada returns to help us make a trade decision. For example, suppose you find that Franco Nevada has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Franco Nevada regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Franco Nevada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franco Nevada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franco Nevada stock over time.
Current vs Lagged Prices |
| Timeline |
Franco Nevada Lagged Returns
When evaluating Franco Nevada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franco Nevada stock have on its future price. Franco Nevada autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Franco Nevada autocorrelation shows the relationship between Franco Nevada stock current value and its past values and can show if there is a momentum factor associated with investing in Franco Nevada.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.