Stocks

What's Going On With Fairfax Financial Holdings Ltd Stock Tuesday?

By Wealth Awesome Newsroom -
Stocks & ETFs:FFH.TO
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Fairfax Financial Holdings Ltd is experiencing slight downward movement amidst recent company developments.

This week, Fairfax Financial Holdings Ltd (FFH.TO) has seen a decline of 2.42%, closing at C$2284.00. Despite a positive monthly performance of 3.02%, year-to-date, the stock is down 11.44%. Recent headlines highlight the company's partnership in the BlackNorth Initiative, aimed at fostering educational opportunities.

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Fairfax Financial Holdings Ltd

FFH.TO

Full stock page โ†’

FFH.TO

Fairfax Financial Holdings Ltd

Source:WealthAwesomeWealthAwesome
โ†‘ $85.93 (3.87%)
120 day period
$2111.76$2296.93$2482.09Jan 28Apr 24Jul 20

Market cap

$47.80B

P/E

8.1x

52W high

$2678.15

52W low

$2066.16

1W change

-2.42%

Beta

0.45

Analyst Price Targets

Based on analyst covering FFH

๐Ÿ“ˆ

Wall Street analysts forecast FFH stock price to rise 18.4% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$2733.07

+18.4% Upside

Current Price

C$2307.61

Last close

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on FFH's historical volatility

HistoricalForecast68%95%
C$1646.37C$1841.46C$2036.56C$2231.65C$2426.74C$2621.84TodayMar 12May 15Jul 20Sep 1Oct 15Nov 27

30-Day Vol

17.0%

Annualized

90-Day Vol

24.0%

Annualized

Trend (90d)

-29.3%

Annualized drift

90d Mean

C$2078.56

Expected price

HorizonExpected68% Range (1ฯƒ)
30 trading daysC$2228.58C$2101.96 โ€“ C$2362.84
60 trading daysC$2152.26C$1981.38 โ€“ C$2337.89
90 trading daysC$2078.56C$1878.27 โ€“ C$2300.20

Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯƒ, 95% band = ยฑ2ฯƒ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.

Investor takeaway: Investors should consider Fairfax's stable fundamentals amidst recent price fluctuations, particularly its low P/E ratio, strong profit margins, and solid return on equity, which could indicate potential for long-term growth despite recent volatility.

C$2284.00 - Last Close

Fairfax Financial's stock is trading 2.8% below its 200-day moving average, suggesting a potential bearish outlook in the near term.

Bull case

Fairfax Financial has a market cap of C$47.8 billion and a relatively low beta of 0.45, making it less volatile compared to the broader market. Its strong fundamentals, including a profit margin of 11.7% and a return on equity of 17.2%, indicate resilience and the potential for recovery.

Bear case

Despite its strong fundamentals, the stock's year-to-date decline of 11.44% could raise concerns about market sentiment. Additionally, trading below its 200-day moving average may suggest a bearish trend in the short term.

Price Action Overview

This week, Fairfax Financial Holdings Ltd (FFH.TO) has experienced a decline of 2.42%, closing at C$2284.00. The stock's performance reflects a continuing trend of volatility, with a year-to-date drop of 11.44%. Despite a positive monthly return of 3.02%, the recent price action indicates a cautious sentiment among investors.

Recent Company News

Fairfax Financial has recently partnered with Northbridge Financial as founding partners of the BlackNorth Initiative's Vanguard Scholars program. This initiative aims to provide educational opportunities and support for underrepresented groups in Canada, potentially enhancing the company's community engagement and public image.

Technical Picture

From a technical perspective, Fairfax is currently trading at C$2284.00, which is 0.6% above its 50-day moving average of C$2270.56 but 2.8% below its 200-day moving average of C$2349.36. The stock has a 52-week range of C$2066.16 to C$2678.15, indicating it is currently at 36% of its range. The latest trading volume was 9,186 shares, significantly below the 20-day average volume of 74,392 shares, reflecting lower market activity.


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