Franco Nevada Stock Price on December 31, 2023
| FNV Stock | USD 122.01 0.78 0.64% |
Below is the normalized historical share price chart for Franco Nevada extending back to December 06, 2007. 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 Franco Nevada stands at 122.01, as last reported on the 28th of May, with the highest price reaching 123.30 and the lowest price hitting 121.80 during the day.
If you're considering investing in Franco Stock, it is important to understand the factors that can impact its price. Franco Nevada appears to be very steady, given 3 months investment horizon. Franco Nevada secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Franco Nevada, which you can use to evaluate the volatility of the firm. Please utilize Franco Nevada's Semi Deviation of 1.43, downside deviation of 1.56, and Mean Deviation of 1.34 to check if our risk estimates are consistent with your expectations.
Capital Stock is likely to climb to about 6.1 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 4.2 B in 2024. . At this time, Franco Nevada's Price Earnings To Growth Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 22.13 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (42.56). Franco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of December 2007 | 200 Day MA 121.5953 | 50 Day MA 121.2676 | Beta 0.624 |
Franco |
Sharpe Ratio = 0.1564
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Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Franco Nevada is performing at about 12% 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.
Price Book 3.9324 | Enterprise Value Ebitda (235.31) | Price Sales 18.7652 | Shares Float 190.8 M | Dividend Share 1.38 |
Franco Nevada Valuation on December 31, 2023
It is possible to determine the worth of Franco Nevada on a given historical date. On December 31, 2023 Franco was worth 110.3 at the beginning of the trading date compared to the closed value of 110.46. 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 | |
| 112.00 | 113.04 | 110.87 | 110.87 | 452,700 | |
12/29/2023 | 110.30 | 111.22 | 109.21 | 110.46 | 469,459 |
| 110.78 | 113.12 | 110.63 | 111.10 | 809,389 |
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Franco Nevada Trading Date Momentum on December 31, 2023
| On January 02 2024 Franco Nevada was traded for 111.10 at the closing time. Highest Franco Nevada's price during the trading hours was 113.12 and the lowest price during the day was 110.63 . The net volume was 809.4 K. The overall trading history on the 2nd of January contributed to the next trading period price increase. The overall trading delta to the next next day price was 0.58% . The overall trading delta to current price is 1.32% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 192 M | 169.9 M | |
| Net Income Applicable To Common Shares | 805.7 M | 846 M |
Franco Nevada Quarterly Net Working Capital |
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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 29, 2023
| High |
110.30 | 110.46 |
Franco Nevada May 28, 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 | 0.087 | |||
| Jensen Alpha | 0.1732 | |||
| Total Risk Alpha | 0.1095 | |||
| Sortino Ratio | 0.1141 | |||
| Treynor Ratio | 0.1912 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franco Nevada. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy Franco Stock please use our How to Invest in Franco Nevada guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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Is Franco Nevada's industry 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 (0.07) | Dividend Share 1.38 | Earnings Share (2.50) | Revenue Per Share 6.234 | Quarterly Revenue Growth (0.07) |
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.