Franco Nevada (Germany) Statistic Functions Beta

3FO Stock  EUR 113.70  3.10  2.65%   
Franco Nevada statistic functions tool provides the execution environment for running the Beta function and other technical functions against Franco Nevada. Franco Nevada value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Franco Nevada statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Franco Nevada correlated with the market. If Beta is less than 0 Franco Nevada generally moves in the opposite direction as compared to the market. If Franco Nevada Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franco Nevada is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franco Nevada is generally in the same direction as the market. If Beta > 1 Franco Nevada moves generally in the same direction as, but more than the movement of the benchmark.

Franco Nevada Technical Analysis Modules

Most technical analysis of Franco Nevada help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Franco from various momentum indicators to cycle indicators. When you analyze Franco charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Franco Nevada Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Franco Nevada. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franco Nevada based on widely used predictive technical indicators. In general, we focus on analyzing Franco Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franco Nevada's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Franco Nevada's intrinsic value. In addition to deriving basic predictive indicators for Franco Nevada, we also check how macroeconomic factors affect Franco Nevada price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
112.00113.70115.40
Details
Intrinsic
Valuation
LowRealHigh
91.4193.11125.07
Details
Naive
Forecast
LowNextHigh
113.52115.23116.93
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
103.80116.38128.96
Details

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Additional Information and Resources on Investing in Franco Stock

When determining whether Franco Nevada is a strong investment it is important to analyze Franco Nevada's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Franco Nevada's future performance. For an informed investment choice regarding Franco Stock, refer to the following important reports:
Check out Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Franco Stock please use our How to Invest in Franco Nevada guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.