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.
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.
IPO Date 6th of August 2001 | 200 Day MA 23.458 | 50 Day MA 20.8938 | Beta 0.107 |
Frontline |
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 |
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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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 222.6 M | 233.8 M | |
Net Income Applicable To Common Shares | 543.6 M | 570.8 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.
Price Boundaries
Frontline Period Price Range
Low | December 4, 2024
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0.00 | 0.00 |
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.
Risk Adjusted Performance | (0.1) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.86) | |||
Treynor Ratio | (1.33) |
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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.