Newcrest Competitors

Delisted . USA . 
Stock . Newcrest Mining
NCMGFDelisted Stock  USD 18.00  0.04  0.22%   
Newcrest Mining competes with Wesdome Gold, Gold Reserve, Osisko Gold, I 80, and Radisson Mining; as well as few others. The company classifies itself under Basic Materials sector and is part of Gold industry. Analyzing Newcrest Mining competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Newcrest Mining to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Newcrest Mining competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
18.0018.0018.00
Details
Intrinsic
Valuation
LowRealHigh
15.4315.4319.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Newcrest Mining. Your research has to be compared to or analyzed against Newcrest Mining's peers to derive any actionable benefits. When done correctly, Newcrest Mining's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Newcrest Mining.

Newcrest Mining Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Newcrest Mining and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Newcrest and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Newcrest Mining does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
IAUX
+ 0.71
WDOFF
BARUF
+ 0.69
AGDXF
GDRZF
+ 0.67
WDOFF
ASGOF
+ 0.65
IAUX
CGOLF
+ 0.62
OR
ASGOF
+ 0.62
RMRDF
  
High negative correlations   
AGDXF
- 0.93
IAUX
OR
- 0.69
GDRZF
BARUF
- 0.65
ASGOF
ASGOF
- 0.65
AGDXF
AGDXF
- 0.55
WDOFF
BARUF
- 0.5
IAUX

Risk-Adjusted Indicators

There is a big difference between Newcrest Pink Sheet performing well and Newcrest Mining Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Newcrest Mining's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
WDOFF  1.91 (0.21) 0.00 (0.73) 0.00 
 0.00 
 4.71 
(3.83)
 13.33 
GDRZF  5.12 (1.03) 0.00 (16.46) 0.00 
 0.00 
 12.35 
(12.30)
 46.23 
OR  1.31  0.12  0.02  0.64  2.01 
(1.21)
 2.94 
(3.25)
 10.04 
IAUX  4.74 (0.32) 0.00 (0.13) 0.00 
 0.00 
 10.28 
(6.06)
 66.32 
AGDXF  2.99  1.38  0.00 (14.42) 0.00 
 0.00 
 0.00 
 0.00 
 100.00 
RMRDF  4.83  0.64  0.11  0.52  4.18 
(8.08)
 11.11 
(8.70)
 35.00 
ASGOF  1.26 (0.04)(0.02)(0.03) 2.30 
(3.47)
 4.30 
(5.56)
 18.34 
BARUF  8.35  2.35  0.18 (3.03) 6.40 
(21.95)
 30.58 
(11.64)
 64.95 
BBSRF  3.69  0.00  0.01  0.12  4.16 
(6.98)
 10.00 
(8.00)
 30.95 
CGOLF  5.11 (0.10)(0.01) 0.01  6.72 
(9.39)
 11.54 
(15.03)
 65.19 
All Fundamental Data

Newcrest Mining Competitive Analysis

The better you understand Newcrest Mining competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Newcrest Mining's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Newcrest Mining's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NCMGF WDOFF GDRZF OR IAUX AGDXF RMRDF ASGOF BARUF BBSRF
 0.22 
 18.00 
Newcrest
 0.94 
 8.63 
Wesdome
 8.70 
 1.50 
Gold
 0.36 
 19.38 
Osisko
 4.56 
 0.63 
IAUX
 238.98 
 0.02 
Antioquia
 5.56 
 0.17 
Radisson
 5.56 
 0.85 
Asante
 2.48 
 0.04 
Baru
 4.35 
 0.22 
Bluestone
Market Volatility
(90 Days Market Risk)
Very steady
Somewhat reliable
Abnormally volatile
Not too volatile
Out of control
Out of control
Out of control
Dangerous
Out of control
Out of control
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Good
Very Weak
OK
OK
Very Weak
Solid
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Dangerous
Low
Below Average
Low
About Average
Low
Above Average
High
Below Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Strong Buy
Strong Sell
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Strong Buy
Strong Hold
Buy
Buy
Cautious Hold
Strong Hold
Strong Hold
Cautious Hold
Strong Hold
Current Ratio
1.49
0.93
44.74
1.43
2.26
0.28
6.51
0.43
0.4
0.65
Net Asset
17.36 B
553.72 M
60.64 M
1.97 B
723.69 M
115.69 M
52.55 M
226.85 M
8.2 M
73.08 M
Profit Margin
0.21
0.0492
N/A
-0.22
-2.31
-0.0419
N/A
-0.92
N/A
N/A
EBITDA
2.08 B
217.59 M
(8.95 M)
41.48 M
(32.83 M)
18.48 M
(1.32 M)
(7.32 M)
(2.08 M)
(29.2 M)
Operating Margin
0.26
0.21
-110.2
0.65
-1.66
0.0616
N/A
-0.76
N/A
N/A
Current Valuation
14.15 B
808.6 M
78.3 M
3.61 B
419.95 M
103.61 M
25.03 M
289.18 M
3.64 M
49.47 M
Price To Book
1.11
2.83
2.28
3.04
0.61
6.37
0.86
2.45
0.96
1.36
Retained Earnings
(4.35 B)
N/A
(285.45 M)
(554.7 M)
(82.32 M)
(11.56 M)
N/A
N/A
N/A
N/A
Current Asset
803 M
N/A
10.12 M
280.56 M
N/A
195 K
N/A
N/A
N/A
N/A
Five Year Return
1.49
N/A
N/A
1.48
N/A
N/A
N/A
N/A
N/A
N/A
Beta
0.62
0.63
0.25
0.91
1.79
0.99
1.41
2.35
1.14
1.99
Number Of Employees
33
19
6
N/A
116
9
16
15
4
21
Shares Outstanding
893.71 M
142.49 M
99.55 M
186.61 M
404.79 M
949.4 M
284.95 M
370.1 M
204.86 M
151.2 M
Cash Flow From Operations
1.68 B
130.96 M
(8.61 M)
187.03 M
(54.62 M)
14.52 M
(1.19 M)
(2.27 M)
(2.3 M)
(27 M)
Annual Yield
0.0154
N/A
N/A
0.0097
N/A
N/A
N/A
N/A
N/A
N/A
Total Debt
1.78 B
12.41 M
27.82 K
199.88 M
180.27 M
1.56 M
N/A
136.25 K
933.73 K
1000 K
Return On Equity
0.08
0.0354
-0.18
-0.0323
-0.28
N/A
-0.035
-0.7
-0.51
-0.55
Z Score
4.8
31.8
N/A
N/A
N/A
6.6
N/A
N/A
3.6
37.2
Return On Asset
0.0428
0.0663
-0.09
0.0228
-0.0609
0.0309
-0.0248
-0.0993
-0.16
-0.24
Book Value Per Share
13.1
2.73
0.55
8.93
1.11
-0.05
0.16
0.53
0.021
0.25
Number Of Shares Shorted
N/A
N/A
976.3 K
3.38 M
43.17 M
N/A
N/A
N/A
N/A
N/A
Current Liabilities
670 M
N/A
1.55 M
13.29 M
N/A
504 K
N/A
N/A
N/A
N/A
Total Asset
17.36 B
553.72 M
60.64 M
1.97 B
723.69 M
115.69 M
52.55 M
226.85 M
8.2 M
73.08 M
Debt To Equity
0.16
0.031
N/A
0.13
0.29
N/A
0.01
0.001
0.046
0.023
Target Price
28.0
N/A
0.75
29.92
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
0.28
N/A
N/A
0.25
N/A
N/A
N/A
N/A
N/A
N/A
Short Ratio
N/A
N/A
5.06
4.94
7.04
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
58.69
56.22
52.19
81.38
53.49
N/A
4.82
0.69
6.49
10.17
Market Capitalization
15.39 B
668.26 M
127.41 M
3.6 B
268.7 M
17.56 M
35.59 M
499.63 M
5.74 M
62.13 M
Price To Earning
11.17
23.74
4.4
155.56
4.04
N/A
9.49
1.82
N/A
N/A
Price To Sales
3.04
2.81
1970.76
14.53
5.08
0.14
901.52
N/A
N/A
N/A
Net Income
872 M
131.29 M
(10.6 M)
(48.34 M)
(65.2 M)
(5.6 M)
2.01 M
(8.48 M)
(2.3 M)
(29.22 M)
Earnings Per Share
1.03
0.07
-0.11
-0.21
-0.37
N/A
0.01
-0.036
-0.009
-0.19
Shares Owned By Insiders
0.87
0.43
5.47
0.37
2.0
89.94
15.17
42.86
5.06
25.7
Revenue
4.21 B
262.91 M
N/A
247.32 M
54.91 M
83.23 M
N/A
N/A
N/A
N/A
Working Capital
133 M
N/A
8.57 M
63.59 M
(21.04 M)
(309 K)
N/A
N/A
N/A
N/A
Cash And Equivalents
675 M
23.52 M
46.16 M
449.28 M
75.99 M
7.43 M
3.64 M
114.49 M
91.69 K
3.06 M
Cash Per Share
0.76
0.17
0.46
2.44
0.32
0.01
0.01
0.32
N/A
0.02
Gross Profit
1.35 B
117.51 M
111.3 K
201.73 M
4.85 M
14.31 M
(18.65 K)
N/A
N/A
N/A
Day Typical Price
18.03
8.7
1.42
19.42
0.67
0.0153
0.17
0.85
0.034
0.22
Accumulation Distribution
0.0044
0.0293
0.17
1277.61
0.15
3525.0
6403.06
4.65
0.18
N/A
Market Facilitation Index
0.08
0.26
0.26
0.0
0.11
0.0
N/A
0.0
0.0066
N/A
Daily Balance Of Power
(0.50)
0.3077
0.4615
0.3333
(0.27)
1.0
(1.00)
(5.00)
(0.14)
(9,223,372,036,855)
Period Momentum Indicator
(0.04)
0.08
0.12
0.07
(0.03)
0.0141
(0.01)
(0.05)
(0.0009)
(0.01)
Rate Of Daily Change
1.0
1.01
1.09
1.0
0.95
3.39
0.94
0.94
0.98
0.96
Day Median Price
18.04
8.73
1.38
19.43
0.69
0.013
0.17
0.86
0.0333
0.22
Price Action Indicator
(0.06)
(0.06)
0.18
(0.02)
(0.07)
0.0141
N/A
(0.03)
0.0017
(0.01)
Coefficient Of Variation
(2,030)
(1,480)
(837.34)
1133.52
(5,974)
898.57
813.71
154622.75
549.15
2527.2
Mean Deviation
1.49
1.91
5.12
1.31
4.74
2.99
4.83
1.26
8.35
3.69
Jensen Alpha
(0.09)
(0.21)
(1.03)
0.1216
(0.32)
1.38
0.637
(0.04)
2.35
0.0034
Total Risk Alpha
(0.39)
(0.56)
(2.31)
(0.12)
(1.58)
(0.50)
(0.20)
(0.42)
0.3835
(0.62)
Sortino Ratio
N/A
N/A
N/A
0.0151
N/A
N/A
0.1116
(0.02)
0.1827
0.0133
Downside Variance
N/A
N/A
N/A
4.77
N/A
N/A
39.45
28.04
138.09
48.42
Standard Deviation
1.91
2.53
8.52
1.79
9.39
12.38
6.73
2.71
12.48
5.5
Kurtosis
0.1954
1.67
6.26
1.39
20.48
64.88
3.12
6.15
2.04
1.36
Potential Upside
3.14
4.71
12.35
2.94
10.28
N/A
11.11
4.3
30.58
10.0
Treynor Ratio
0.636
(0.73)
(16.46)
0.6424
(0.13)
(14.42)
0.5247
(0.03)
(3.03)
0.1173
Maximum Drawdown
9.48
13.33
46.23
10.04
66.32
100.0
35.0
18.34
64.95
30.95
Variance
3.64
6.38
72.51
3.22
88.17
153.19
45.24
7.35
155.73
30.26
Market Risk Adjusted Performance
0.646
(0.72)
(16.45)
0.6524
(0.12)
(14.41)
0.5347
(0.02)
(3.02)
0.1273
Risk Adjusted Performance
(0.03)
(0.04)
(0.08)
0.0733
(0)
0.0947
0.103
0.0077
0.1489
0.0389
Skewness
(0.05)
0.9809
(1.30)
(0.64)
(2.52)
8.02
1.35
(1.08)
1.09
0.4382
Semi Deviation
N/A
N/A
N/A
2.01
N/A
N/A
4.18
2.3
6.4
4.16
Information Ratio
(0.12)
(0.12)
(0.13)
0.0183
(0.03)
0.1012
0.1043
(0.05)
0.1721
0.0168
Value At Risk
(3.26)
(3.83)
(12.30)
(3.25)
(6.06)
N/A
(8.70)
(5.56)
(11.64)
(8.00)
Expected Short fall
N/A
N/A
N/A
(1.21)
N/A
N/A
(8.08)
(3.47)
(21.95)
(6.98)
Downside Deviation
N/A
N/A
N/A
2.18
N/A
N/A
6.28
5.29
11.75
6.96
Semi Variance
N/A
N/A
N/A
4.06
N/A
N/A
17.5
5.29
41.0
17.29

Newcrest Mining Competition Performance Charts

Five steps to successful analysis of Newcrest Mining Competition

Newcrest Mining's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Newcrest Mining in relation to its competition. Newcrest Mining's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Newcrest Mining in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Newcrest Mining's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Newcrest Mining, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Newcrest Mining position

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Other Consideration for investing in Newcrest Pink Sheet

If you are still planning to invest in Newcrest Mining check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newcrest Mining's history and understand the potential risks before investing.
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