Freehold Royalties Stock Price on September 11, 2024
| FRHLF Stock | USD 9.96 0.06 0.60% |
If you're considering investing in Freehold Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Freehold Royalties stands at 9.96, as last reported on the 1st of December, with the highest price reaching 10.47 and the lowest price hitting 9.94 during the day. At this point, Freehold Royalties is not too volatile. Freehold Royalties secures Sharpe Ratio (or Efficiency) of 0.0232, which denotes the company had a 0.0232% return per unit of risk over the last 3 months. We have found thirty technical indicators for Freehold Royalties, which you can use to evaluate the volatility of the firm. Please confirm Freehold Royalties' Downside Deviation of 1.29, coefficient of variation of 28780.81, and Mean Deviation of 0.9684 to check if the risk estimate we provide is consistent with the expected return of 0.0275%.
Freehold Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Freehold |
Sharpe Ratio = 0.0232
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| Negative Returns | FRHLF |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Freehold Royalties is performing at about 1% 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 Freehold Royalties by adding it to a well-diversified portfolio.
Freehold Royalties Valuation on September 11, 2024
It is possible to determine the worth of Freehold Royalties on a given historical date. On September 11, 2024 Freehold was worth 9.87 at the beginning of the trading date compared to the closed value of 9.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Freehold Royalties pink sheet. Still, in general, we apply an absolute valuation method to find Freehold Royalties' 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 Freehold Royalties where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Freehold Royalties' related companies.
| Open | High | Low | Close | Volume | |
| 9.43 | 9.44 | 9.21 | 9.44 | 75,840 | |
09/11/2024 | 9.87 | 9.87 | 9.41 | 9.52 | 22,289 |
| 9.33 | 9.66 | 9.33 | 9.61 | 18,913 |
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Freehold Royalties Trading Date Momentum on September 11, 2024
| On September 12 2024 Freehold Royalties was traded for 9.61 at the closing time. The highest daily price throughout the period was 9.66 and the lowest price was 9.33 . The daily volume was 18.9 K. The net trading volume on 09/12/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.95% . The overall trading delta to current closing price is 10.92% . |
Freehold Royalties Fundamentals Correlations and Trends
By evaluating Freehold Royalties' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Freehold Royalties' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Freehold financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Freehold Royalties Pink Sheet history
Freehold Royalties 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 Freehold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Freehold Royalties 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 Freehold Royalties stock prices may prove useful in developing a viable investing in Freehold Royalties
Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, natural gas liquids, and potash properties in Western Canada and the United States. The company was founded in 1996 and is headquartered in Calgary, Canada. Freehold Royalty operates under Oil Gas EP classification in the United States and is traded on OTC Exchange.
Freehold Royalties Pink Sheet Technical Analysis
Freehold Royalties technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Freehold Royalties Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Freehold Royalties cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Freehold Royalties December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Freehold Royalties pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Freehold Royalties shares will generate the highest return on investment. By undertsting and applying Freehold Royalties pink sheet market strength indicators, traders can identify Freehold Royalties entry and exit signals to maximize returns
Freehold Royalties Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Freehold Royalties' price direction in advance. Along with the technical and fundamental analysis of Freehold Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Freehold 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 | 0.0063 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | (0.02) |
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| Volume Indicators |
Complementary Tools for Freehold Pink Sheet analysis
When running Freehold Royalties' price analysis, check to measure Freehold Royalties' 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 Freehold Royalties is operating at the current time. Most of Freehold Royalties' value examination focuses on studying past and present price action to predict the probability of Freehold Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freehold Royalties' price. Additionally, you may evaluate how the addition of Freehold Royalties to your portfolios can decrease your overall portfolio volatility.
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