Franco Nevada Stock Technical Analysis
FNV Stock | USD 120.57 3.12 2.52% |
As of the 25th of November, Franco Nevada shows the Downside Deviation of 1.79, semi deviation of 1.72, and Mean Deviation of 1.2. Franco Nevada technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Franco Nevada standard deviation, as well as the relationship between the value at risk and kurtosis to decide if Franco Nevada is priced favorably, providing market reflects its regular price of 120.57 per share. Given that Franco Nevada has jensen alpha of (0), we urge you to verify Franco Nevada's prevailing market performance to make sure the company can sustain itself at a future point.
Franco Nevada Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Franco, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FrancoFranco |
Franco Nevada Analyst Consensus
Target Price | Advice | # of Analysts | |
165.75 | Buy | 13 | Odds |
Most Franco analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Franco stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Franco Nevada, talking to its executives and customers, or listening to Franco conference calls.
Franco Nevada 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.
Franco Nevada Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Franco Nevada volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Franco Nevada Trend Analysis
Use this graph to draw trend lines for Franco Nevada. You can use it to identify possible trend reversals for Franco Nevada as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Franco Nevada price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Franco Nevada Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Franco Nevada applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that Franco Nevada will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 43.04, which is the sum of squared deviations for the predicted Franco Nevada price change compared to its average price change.About Franco Nevada Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Franco Nevada on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Franco Nevada based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Franco Nevada price pattern first instead of the macroeconomic environment surrounding Franco Nevada. By analyzing Franco Nevada's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Franco Nevada's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Franco Nevada specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.006736 | 0.007261 | 0.011 | 0.0112 | Price To Sales Ratio | 20.33 | 19.86 | 17.45 | 16.58 |
Franco Nevada November 25, 2024 Technical Indicators
Most technical analysis of Franco 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 different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0238 | |||
Market Risk Adjusted Performance | 0.1173 | |||
Mean Deviation | 1.2 | |||
Semi Deviation | 1.72 | |||
Downside Deviation | 1.79 | |||
Coefficient Of Variation | 4146.65 | |||
Standard Deviation | 1.65 | |||
Variance | 2.71 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.23) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.1073 | |||
Maximum Drawdown | 8.26 | |||
Value At Risk | (2.61) | |||
Potential Upside | 2.46 | |||
Downside Variance | 3.22 | |||
Semi Variance | 2.96 | |||
Expected Short fall | (1.14) | |||
Skewness | (0.18) | |||
Kurtosis | 0.6242 |
Franco Nevada November 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Franco stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 9,307 | ||
Daily Balance Of Power | (2.09) | ||
Rate Of Daily Change | 0.97 | ||
Day Median Price | 120.55 | ||
Day Typical Price | 120.55 | ||
Price Action Indicator | (1.54) |
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.