Financial data analysis helps to double-check if markets are presently mispricing Barrick Gold Corp. We have analyzed and interpolated thirty-nine available fundamental indicators for Barrick Gold Corp, which can be compared to its peers. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Barrick Gold to be traded at C$24.64 in 90 days. Key indicators impacting Barrick Gold's financial strength include:
Understanding current and past Barrick Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Barrick Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Barrick Gold's assets may result in an increase in income on the income statement.
Barrick Gold competes with Kinross Gold, Agnico Eagle, Suncor Energy, and Canadian Natural. Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. BARRICK GOLD operates under Metals And Minerals Mining And Exploration classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Barrick Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Barrick Stock, because this is throwing your money away. Analyzing the key information contained in Barrick Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Barrick Gold Key Financial Ratios
Barrick Gold's financial ratios allow both analysts and investors to convert raw data from Barrick Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Barrick Gold over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Barrick Gold's current stock value. Our valuation model uses many indicators to compare Barrick Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Barrick Gold competition to find correlations between indicators driving Barrick Gold's intrinsic value. More Info.
Barrick Gold Corp is rated fourth in return on equity category among its peers. It is rated fifth in return on asset category among its peers reporting about 0.67 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Barrick Gold Corp is roughly 1.49 . At this time, Barrick Gold's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Barrick Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Barrick Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Barrick Gold Corp Systematic Risk
Barrick Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Barrick Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Barrick Gold Corp correlated with the market. If Beta is less than 0 Barrick Gold generally moves in the opposite direction as compared to the market. If Barrick Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Barrick Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Barrick Gold is generally in the same direction as the market. If Beta > 1 Barrick Gold moves generally in the same direction as, but more than the movement of the benchmark.
Barrick Gold Corp Common Stock Shares Outstanding Over Time
Today, most investors in Barrick Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Barrick Gold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Barrick Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Barrick Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Barrick Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Barrick Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Barrick Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Barrick Gold's daily price indicators and compare them against related drivers.
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold'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 Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.