Franco Nevada (Germany) Market Value
| 3FO Stock | EUR 134.00 0.30 0.22% |
| Symbol | Franco |
Franco Nevada 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Franco Nevada's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Franco Nevada.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Franco Nevada on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Franco Nevada or generate 0.0% return on investment in Franco Nevada over 90 days. Franco Nevada is related to or competes with ZIJIN MINH, Newmont, Barrick Gold, Agnico Eagle, and Wheaton Precious. Franco-Nevada Corporation operates as a gold-focused royalty and stream company in the United States, Canada, Mexico, Pe... More
Franco Nevada Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Franco Nevada's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Franco Nevada upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 7.75 | |||
| Value At Risk | (3.39) | |||
| Potential Upside | 3.25 |
Franco Nevada Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Franco Nevada's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Franco Nevada's standard deviation. In reality, there are many statistical measures that can use Franco Nevada historical prices to predict the future Franco Nevada's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | 14.01 |
Franco Nevada Backtested Returns
Franco Nevada secures Sharpe Ratio (or Efficiency) of -0.0954, which denotes the company had a -0.0954 % return per unit of standard deviation over the last 3 months. Franco Nevada exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Franco Nevada's Coefficient Of Variation of (1,123), mean deviation of 1.45, and Standard Deviation of 1.87 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0126, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Franco Nevada are expected to decrease at a much lower rate. During the bear market, Franco Nevada is likely to outperform the market. At this point, Franco Nevada has a negative expected return of -0.18%. Please make sure to confirm Franco Nevada's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Franco Nevada performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Franco Nevada has insignificant predictability. Overlapping area represents the amount of predictability between Franco Nevada time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Franco Nevada price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Franco Nevada price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 28.52 |
Franco Nevada lagged returns against current returns
Autocorrelation, which is Franco Nevada stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Franco Nevada's stock expected returns. We can calculate the autocorrelation of Franco Nevada returns to help us make a trade decision. For example, suppose you find that Franco Nevada has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Franco Nevada regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Franco Nevada stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Franco Nevada stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Franco Nevada stock over time.
Current vs Lagged Prices |
| Timeline |
Franco Nevada Lagged Returns
When evaluating Franco Nevada's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Franco Nevada stock have on its future price. Franco Nevada autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Franco Nevada autocorrelation shows the relationship between Franco Nevada stock current value and its past values and can show if there is a momentum factor associated with investing in Franco Nevada.
Regressed Prices |
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Currently Active Assets on Macroaxis
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 Franco Nevada Correlation, Franco Nevada Volatility and Franco Nevada Alpha and Beta module to complement your research on Franco Nevada. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.