Frontline Stock Price on December 4, 2024

FRO Stock  USD 16.17  0.92  5.38%   
Below is the normalized historical share price chart for Frontline extending back to August 06, 2001. 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 Frontline stands at 16.17, as last reported on the 4th of December, with the highest price reaching 16.70 and the lowest price hitting 16.14 during the day.
IPO Date
6th of August 2001
200 Day MA
23.458
50 Day MA
20.8938
Beta
0.107
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Frontline Stock, it is important to understand the factors that can impact its price. Frontline secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. Frontline exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Frontline's Variance of 9.56, standard deviation of 3.09, and Mean Deviation of 2.32 to check the risk estimate we provide.
  
At this time, Frontline's Total Stockholder Equity is very stable compared to the past year. As of the 4th of December 2024, Common Stock Shares Outstanding is likely to grow to about 233.8 M, while Liabilities And Stockholders Equity is likely to drop about 3 B. . At this time, Frontline's Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024, Price Earnings To Growth Ratio is likely to grow to 0.22, while Price Earnings Ratio is likely to drop 6.46. Frontline Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.13

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Estimated Market Risk

 3.13
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.41
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Frontline is not performing at its full potential. However, 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 Frontline by adding Frontline to a well-diversified portfolio.
Price Book
1.6201
Enterprise Value Ebitda
6.261
Price Sales
1.9749
Shares Float
142.8 M
Wall Street Target Price
28.0424

Frontline Valuation on December 4, 2024

It is possible to determine the worth of Frontline on a given historical date. On December 4, 2024 Frontline was worth 16.57 at the beginning of the trading date compared to the closed value of 16.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Frontline stock. Still, in general, we apply an absolute valuation method to find Frontline'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 Frontline where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Frontline's related companies.
 Open High Low Close Volume
  15.97    17.11    15.89    17.09    6,693,590  
12/04/2024
  16.57    16.70    16.14    16.17    5,156,475  
Backtest Frontline  |  Frontline History  |  Frontline Valuation   Previous
Open Value
16.57
16.17
Closing Value
25.97
Upside

Frontline Trading Date Momentum on December 4, 2024

On December 04 2024 Frontline was traded for  16.17  at the closing time. Highest Frontline's price during the trading hours was 16.70  and the lowest price during the day was  16.14 . The net volume was 5.2 M. The overall trading history on the 4th of December did not affect price variability. The overall trading delta to current price is 2.47% .

Frontline Fundamentals Correlations and Trends

By evaluating Frontline'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 Frontline's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Frontline financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Frontline Stock history

Frontline 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 Frontline is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Frontline 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 Frontline stock prices may prove useful in developing a viable investing in Frontline
Last ReportedProjected for Next Year
Common Stock Shares Outstanding222.6 M233.8 M
Net Income Applicable To Common Shares543.6 M570.8 M

Frontline Stock Technical Analysis

Frontline 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.
A focus of Frontline technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Frontline trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Frontline Period Price Range

Low
December 4, 2024
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High

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Frontline cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Frontline December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how Frontline stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Frontline shares will generate the highest return on investment. By undertsting and applying Frontline stock market strength indicators, traders can identify Frontline entry and exit signals to maximize returns

Frontline Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Frontline's price direction in advance. Along with the technical and fundamental analysis of Frontline Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Frontline 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.
When determining whether Frontline offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Frontline's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Frontline Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Frontline Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Frontline. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Frontline Stock, please use our How to Invest in Frontline guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Oil & Gas Storage & Transportation 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 Frontline. If investors know Frontline 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 Frontline 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
(0.19)
Earnings Share
2.46
Revenue Per Share
8.654
Quarterly Revenue Growth
0.084
Return On Assets
0.0746
The market value of Frontline is measured differently than its book value, which is the value of Frontline that is recorded on the company's balance sheet. Investors also form their own opinion of Frontline's value that differs from its market value or its book value, called intrinsic value, which is Frontline'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 Frontline's market value can be influenced by many factors that don't directly affect Frontline'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 Frontline's value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontline is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontline'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.