Financial data analysis helps to check if markets are presently mispricing Eldorado Gold Corp. We were able to break down thirty-five available fundamental indicators for Eldorado Gold Corp, which can be compared to its peers. The stock experiences a moderate upward volatility. Check odds of Eldorado Gold to be traded at C$24.61 in 90 days. Key indicators impacting Eldorado Gold's financial strength include:
Understanding current and past Eldorado Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Eldorado Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Eldorado Gold's assets may result in an increase in income on the income statement.
Eldorado Gold competes with IAMGold, Kinross Gold, Alamos Gold, Agnico Eagle, and Centerra Gold. Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. Eldorado Gold Corporation was incorporated in 1992 and is headquartered in Vancouver, Canada. ELDORADO GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Eldorado Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Eldorado Stock, because this is throwing your money away. Analyzing the key information contained in Eldorado Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Eldorado Gold Key Financial Ratios
Eldorado Gold's financial ratios allow both analysts and investors to convert raw data from Eldorado Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Eldorado Gold over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Eldorado Gold's current stock value. Our valuation model uses many indicators to compare Eldorado Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Eldorado Gold competition to find correlations between indicators driving Eldorado Gold's intrinsic value. More Info.
Eldorado Gold Corp is rated # 3 in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.49 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Eldorado Gold Corp is roughly 2.05 . At this time, Eldorado 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 Eldorado Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Eldorado 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.
Eldorado Gold Corp Systematic Risk
Eldorado Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Eldorado 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Eldorado Gold Corp correlated with the market. If Beta is less than 0 Eldorado Gold generally moves in the opposite direction as compared to the market. If Eldorado Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Eldorado Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Eldorado Gold is generally in the same direction as the market. If Beta > 1 Eldorado Gold moves generally in the same direction as, but more than the movement of the benchmark.
Eldorado Gold Corp Short Long Term Debt Total Over Time
Today, most investors in Eldorado Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Eldorado 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 Eldorado Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Eldorado Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Eldorado Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Eldorado Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Eldorado Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Eldorado Gold's daily price indicators and compare them against related drivers.
When determining whether Eldorado Gold Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eldorado Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eldorado Gold Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eldorado Gold Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eldorado 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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Please note, there is a significant difference between Eldorado Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eldorado Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eldorado 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.