Franco Nevada Stock Forecast - Period Momentum Indicator
| FNV Stock | USD 123.23 1.78 1.47% |
Franco Stock Forecast is based on your current time horizon.
Franco |
Open Interest Against 2024-12-20 Franco Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Franco Nevada's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Franco Nevada's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Franco Nevada stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Franco Nevada's open interest, investors have to compare it to Franco Nevada's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Franco Nevada is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Franco. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
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Franco Nevada Trading Date Momentum
| On November 21 2024 Franco Nevada was traded for 123.23 at the closing time. Highest Franco Nevada's price during the trading hours was 123.34 and the lowest price during the day was 120.83 . The net volume was 409.1 K. The overall trading history on the 21st of November did not affect price variability. The overall trading delta to current price is 0.77% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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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 | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| 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 | 1.21 | |||
| Standard Deviation | 1.65 | |||
| Variance | 2.73 |
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 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.