Fairfax Financial Holdings Stock Today
| FFH-PM Stock | CAD 23.70 0.25 1.07% |
Performance9 of 100
| Odds Of DistressLess than 9
|
Fairfax Financial is trading at 23.70 as of the 30th of April 2024, a 1.07 percent increase since the beginning of the trading day. The stock's open price was 23.45. Fairfax Financial has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Fairfax Financial Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Business Domain Insurance | Category Financial Services | Classification Financials |
Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. Fairfax Financial Holdings Limited was incorporated in 1951 and is headquartered in Toronto, Canada. The company has 27.37 M outstanding shares of which 17.82 K shares are currently shorted by private and institutional investors with about 6.63 days to cover all short positions. More on Fairfax Financial Holdings
Moving together with Fairfax Stock
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Moving against Fairfax Stock
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Fairfax 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. Fairfax Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fairfax Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Group | Andrew Barnard |
| Business Concentration | Property & Casualty Insurance, Insurance - Property & Casualty, Financial Services, Financials, Insurance, Insurance - Property & Casualty, Financial Services (View all Sectors) |
Fairfax Financial Holdings (FFH-PM) is traded on Toronto Exchange in Canada and employs 15 people. Fairfax Financial is listed under Property & Casualty Insurance category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 21.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Fairfax Financial's market, we take the total number of its shares issued and multiply it by Fairfax Financial'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. Fairfax Financial operates under Insurance sector and is part of Financials industry. The entity has 27.37 M outstanding shares of which 17.82 K shares are currently shorted by private and institutional investors with about 6.63 days to cover all short positions.
Fairfax Financial Holdings has accumulated about 10.62 B in cash with (39.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 394.91, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Fairfax Financial Probability Of Bankruptcy
Ownership AllocationFairfax Financial retains a total of 27.37 Million outstanding shares. Roughly 84.0 percent of Fairfax Financial outstanding shares are held by general public with 16.4 % by other corporate entities. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Fairfax Ownership Details
Fairfax Stock Price Odds Analysis
What are Fairfax Financial's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Fairfax Financial jumping above the current price in 90 days from now is about 15.36%. The Fairfax Financial Holdings probability density function shows the probability of Fairfax Financial stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Fairfax Financial Holdings has a beta of -0.0084. This usually indicates as returns on the benchmark increase, returns on holding Fairfax Financial are expected to decrease at a much lower rate. During a bear market, however, Fairfax Financial Holdings is likely to outperform the market. Additionally, fairfax Financial Holdings has an alpha of 0.0646, implying that it can generate a 0.0646 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fairfax Financial to move above the current price in 90 days from now is about 15.36 (This Fairfax Financial Holdings probability density function shows the probability of Fairfax Stock to fall within a particular range of prices over 90 days) .
Fairfax Financial Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fairfax Financial market risk premium is the additional return an investor will receive from holding Fairfax Financial 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 Fairfax Financial. 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 Fairfax Financial's alpha and beta are two of the key measurements used to evaluate Fairfax Financial's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.441 | |||
| Semi Deviation | 0.5256 | |||
| Standard Deviation | 0.6197 | |||
| Variance | 0.3841 |
Fairfax Stock Against Markets
Picking the right benchmark for Fairfax Financial 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 Fairfax Financial 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 Fairfax Financial is critical whether you are bullish or bearish towards Fairfax Financial Holdings at a given time. Please also check how Fairfax Financial's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Fairfax Financial 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?
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Fairfax Financial Corporate Management
Elected by the shareholders, the Fairfax Financial's board of directors comprises two types of representatives: Fairfax Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fairfax. The board's role is to monitor Fairfax Financial's management team and ensure that shareholders' interests are well served. Fairfax Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fairfax Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Khaled Hasan | Group Insurance | Profile | |
| Jennifer Allen | VP CFO | Profile | |
| Sammy Chan | Pres Asia | Profile | |
| Paul Adamson | Chief Gulf | Profile |
How to buy Fairfax Stock?
Before investing in Fairfax Financial, 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 Fairfax Financial. To buy Fairfax Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fairfax Financial. 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 Fairfax Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fairfax Financial Holdings 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 Fairfax Financial Holdings 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 Fairfax Financial Holdings, 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 Fairfax Financial Holdings?
The danger of trading Fairfax Financial Holdings 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 Fairfax Financial 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 Fairfax Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fairfax Financial 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 Fairfax Financial Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Fairfax Stock analysis
When running Fairfax Financial's price analysis, check to measure Fairfax Financial'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 Fairfax Financial is operating at the current time. Most of Fairfax Financial's value examination focuses on studying past and present price action to predict the probability of Fairfax Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fairfax Financial's price. Additionally, you may evaluate how the addition of Fairfax Financial to your portfolios can decrease your overall portfolio volatility.
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