Franco Net Income Applicable To Common Shares from 2010 to 2024
| FNV Stock | USD 116.18 0.56 0.48% |
Net Income Applicable To Common Shares | First Reported 2008-03-31 | Previous Quarter 184.5 M | Current Value 175.1 M | Quarterly Volatility 67.2 M |
Check Franco Nevada financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Franco Nevada's main balance sheet or income statement drivers, such as Depreciation And Amortization of 203.2 M, Interest Expense of 2.9 M or Selling General Administrative of 22 M, as well as many indicators such as Price To Sales Ratio of 16.29, Dividend Yield of 0.0112 or PTB Ratio of 2.11. Franco financial statements analysis is a perfect complement when working with Franco Nevada Valuation or Volatility modules.
Franco | Net Income Applicable To Common Shares |
Latest Franco Nevada's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Franco Nevada over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Franco Nevada's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Franco Nevada's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Franco Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 306,730,031 | |
| Geometric Mean | 164,237,640 | |
| Coefficient Of Variation | 99.90 | |
| Mean Deviation | 255,451,242 | |
| Median | 139,000,000 | |
| Standard Deviation | 306,421,333 | |
| Sample Variance | 93894T | |
| Range | 834.3M | |
| R-Value | 0.89 | |
| Mean Square Error | 21266.8T | |
| R-Squared | 0.79 | |
| Slope | 60,887,713 | |
| Total Sum of Squares | 1314516.5T |
Franco Net Income Applicable To Common Shares History
About Franco Nevada Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Franco Nevada income statement, its balance sheet, and the statement of cash flows. Franco Nevada investors use historical funamental indicators, such as Franco Nevada's Net Income Applicable To Common Shares, to determine how well the company is positioned to perform in the future. Although Franco Nevada investors may use each financial statement separately, they are all related. The changes in Franco Nevada's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Franco Nevada's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Franco Nevada Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Franco Nevada. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 805.7 M | 846 M |
Pair Trading with Franco Nevada
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Franco Nevada position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Franco Nevada will appreciate offsetting losses from the drop in the long position's value.Moving together with Franco Stock
Moving against Franco Stock
| 0.51 | ZEUS | Olympic Steel | PairCorr |
| 0.48 | X | United States Steel | PairCorr |
| 0.44 | BAK | Braskem SA Class | PairCorr |
| 0.41 | PKX | POSCO Holdings | PairCorr |
The ability to find closely correlated positions to Franco Nevada could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Franco Nevada when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Franco Nevada - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Franco Nevada to buy it.
The correlation of Franco Nevada is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Franco Nevada moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Franco Nevada moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Franco Nevada can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.