Franco Nevada Stock Today
| FNV Stock | CAD 162.00 5.00 2.99% |
Performance9 of 100
| Odds Of DistressLess than 35
|
Franco Nevada is selling at 162.00 as of the 23rd of April 2024; that is -2.99% down since the beginning of the trading day. The stock's open price was 167.0. Franco Nevada has about a 35 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Franco Nevada are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in Latin America, the United States, Canada, and internationally. The company was founded in 1983 and is headquartered in Toronto, Canada. FRANCO NEVADA operates under Metals And Minerals Mining And Exploration classification in Canada and is traded on Toronto Stock Exchange.. The company has 192.18 M outstanding shares of which 1.07 M shares are currently shorted by private and institutional investors with about 3.0 days to cover all short positions. More on Franco Nevada
Moving together with Franco Stock
| 0.72 | OSI | Osino Resources Corp | PairCorr |
Moving against Franco Stock
| 0.59 | DYA | DynaCERT | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Franco 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. Franco Nevada's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franco Nevada or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Franco Nevada's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Franco Nevada's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | David Harquail | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
| Excise Tax Activities | Coal | ||||
Franco Nevada's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Franco Nevada's 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 Franco Nevada's financial leverage. It provides some insight into what part of Franco Nevada's total assets is financed by creditors.
| |||||
Franco Nevada (FNV) is traded on Toronto Exchange in Canada and employs 28 people. Franco Nevada is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 32.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Franco Nevada's market, we take the total number of its shares issued and multiply it by Franco Nevada'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. Franco Nevada operates under Metals & Mining sector and is part of Materials industry. The entity has 192.18 M outstanding shares of which 1.07 M shares are currently shorted by private and institutional investors with about 3.0 days to cover all short positions.
Franco Nevada has accumulated about 655.1 M in cash with 991.2 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.75.
Check Franco Nevada Probability Of Bankruptcy
Ownership AllocationFranco Nevada retains a total of 192.18 Million outstanding shares. The majority of Franco Nevada outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Franco Nevada to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Franco Nevada. Please pay attention to any change in the institutional holdings of Franco Nevada as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Franco Ownership Details
Franco Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Franco Nevada jumping above the current price in 90 days from now is about 11.52%. The Franco Nevada probability density function shows the probability of Franco Nevada stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Franco Nevada has a beta of 0.819. This usually indicates as returns on the market go up, Franco Nevada average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franco Nevada will be expected to be much smaller as well. Additionally, franco Nevada has an alpha of 0.1577, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Franco Nevada to move above the current price in 90 days from now is about 11.52 (This Franco Nevada probability density function shows the probability of Franco Stock to fall within a particular range of prices over 90 days) .
Franco Nevada Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franco Nevada market risk premium is the additional return an investor will receive from holding Franco Nevada 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 Franco Nevada. 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 Franco Nevada's alpha and beta are two of the key measurements used to evaluate Franco Nevada's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.27 | |||
| Semi Deviation | 1.16 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.37 |
Franco Stock Against Markets
Picking the right benchmark for Franco Nevada 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 Franco Nevada 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 Franco Nevada is critical whether you are bullish or bearish towards Franco Nevada at a given time. Please also check how Franco Nevada's 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 Franco Nevada 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 Instant Ratings Now
Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Franco Nevada Corporate Directors
Franco Nevada corporate directors refer to members of a Franco Nevada board of directors. The board of directors generally takes responsibility for the Franco Nevada's 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 Franco Nevada's board members must vote for the resolution. The Franco Nevada board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Derek Evans | Lead Independent Director | Profile | |
| David Peterson | Independent Director | Profile | |
| Randall Oliphant | Independent Director | Profile | |
| Louis Gignac | Independent Director | Profile |
How to buy Franco Stock?
Before investing in Franco Nevada, 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 Franco Nevada. To buy Franco Nevada stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franco Nevada. 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 Franco Nevada stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franco Nevada 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 Franco Nevada 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 Franco Nevada, 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. For more information on how to buy Franco Stock please use our How to Invest in Franco Nevada guide.
Already Invested in Franco Nevada?
The danger of trading Franco Nevada 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 Franco Nevada 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 Franco Nevada. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franco Nevada 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.
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 Investing Opportunities 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Franco Stock, please use our How to Invest in Franco Nevada guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary 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.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |