Freehold Royalties Stock Today
| FRU Stock | CAD 14.24 0.01 0.07% |
Performance4 of 100
| Odds Of DistressLess than 8
|
Freehold Royalties is selling at 14.24 as of the 25th of April 2024; that is 0.07% increase since the beginning of the trading day. The stock's open price was 14.23. Freehold Royalties has only a 8 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Freehold Royalties are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Energy |
Freehold Royalties Ltd., an oil and gas royalty company, owns working interests in oil, natural gas, and potash properties in Western Canada and the United States. The company was founded in 1996 and is based in Calgary, Canada. FREEHOLD ROYALTIES operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange.. The company has 150.69 M outstanding shares of which 2.38 M shares are currently shorted by private and institutional investors with about 8.03 days to cover all short positions. More on Freehold Royalties
Moving together with Freehold Stock
| 0.76 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.68 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Freehold Stock
| 0.72 | AAPL | Apple Inc CDR | PairCorr |
| 0.52 | SAGE | Sage Potash Corp | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Freehold Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Freehold Royalties' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Freehold Royalties or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | David Spyker | ||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | ||||
Freehold Royalties' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Freehold Royalties' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Freehold Royalties' financial leverage. It provides some insight into what part of Freehold Royalties' total assets is financed by creditors.
| |||||
Freehold Royalties (FRU) is traded on Toronto Exchange in Canada and employs 26 people. Freehold Royalties is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Freehold Royalties's market, we take the total number of its shares issued and multiply it by Freehold Royalties's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Freehold Royalties operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 150.69 M outstanding shares of which 2.38 M shares are currently shorted by private and institutional investors with about 8.03 days to cover all short positions.
Freehold Royalties has accumulated about 1.09 M in cash with 216.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Freehold Royalties Probability Of Bankruptcy
Ownership AllocationFreehold Royalties holds a total of 150.69 Million outstanding shares. Roughly 71.0 percent of Freehold Royalties outstanding shares are held by general public with 0.41 (percent) owned by insiders and only 28.5 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Freehold Ownership Details
Freehold Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Freehold Royalties jumping above the current price in 90 days from now is about 30.85%. The Freehold Royalties probability density function shows the probability of Freehold Royalties stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Freehold Royalties has a beta of 0.2245. This usually indicates as returns on the market go up, Freehold Royalties average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Freehold Royalties will be expected to be much smaller as well. Additionally, freehold Royalties has an alpha of 0.068, implying that it can generate a 0.068 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Freehold Royalties to move above the current price in 90 days from now is about 30.85 (This Freehold Royalties probability density function shows the probability of Freehold Stock to fall within a particular range of prices over 90 days) .
Freehold Royalties Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Freehold Royalties market risk premium is the additional return an investor will receive from holding Freehold Royalties long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Freehold Royalties. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Freehold Royalties' alpha and beta are two of the key measurements used to evaluate Freehold Royalties' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7756 | |||
| Semi Deviation | 0.9367 | |||
| Standard Deviation | 0.9985 | |||
| Variance | 0.9971 |
Freehold Stock Against Markets
Picking the right benchmark for Freehold Royalties stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Freehold Royalties stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Freehold Royalties is critical whether you are bullish or bearish towards Freehold Royalties at a given time. Please also check how Freehold Royalties' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Freehold Royalties without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Center Now
Portfolio CenterAll portfolio management and optimization tools to improve performance of your portfolios |
| All Next | Launch Module |
Freehold Royalties Corporate Directors
Freehold Royalties corporate directors refer to members of a Freehold Royalties board of directors. The board of directors generally takes responsibility for the Freehold Royalties' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Freehold Royalties' board members must vote for the resolution. The Freehold Royalties board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Susan MacKenzie | Independent Director | Profile | |
| David Sandmeyer | Independent Director | Profile | |
| Peter Harrison | Director | Profile | |
| Gary Bugeaud | Independent Director | Profile |
How to buy Freehold Stock?
Before investing in Freehold Royalties, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Freehold Royalties. To buy Freehold Royalties stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Freehold Royalties. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Freehold Royalties stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Freehold Royalties stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Freehold Royalties stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Freehold Royalties, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Freehold Royalties?
The danger of trading Freehold Royalties is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Freehold Royalties is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Freehold Royalties. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Freehold Royalties is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Freehold Royalties. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Freehold Stock analysis
When running Freehold Royalties' price analysis, check to measure Freehold Royalties' 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 Freehold Royalties is operating at the current time. Most of Freehold Royalties' value examination focuses on studying past and present price action to predict the probability of Freehold Royalties' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freehold Royalties' price. Additionally, you may evaluate how the addition of Freehold Royalties to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |