You can employ fundamental analysis to find out if Kinross Gold Corp is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to interpolate and analyze data for thirty-seven available fundamentals for Kinross Gold, which can be compared to its peers in the industry. The stock experiences a somewhat bearish sentiment, but the market may correct it shortly. Check odds of Kinross Gold to be traded at C$16.94 in 90 days. Key indicators impacting Kinross Gold's financial strength include:
Kinross Gold competes with Barrick Gold, Eldorado Gold, IAMGold, Agnico Eagle, and Augusta Gold. Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. The company was founded in 1993 and is headquartered in Toronto, Canada. KINROSS GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 8447 people.
You should never invest in Kinross Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Kinross Stock, because this is throwing your money away. Analyzing the key information contained in Kinross Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Kinross Gold Key Financial Ratios
Kinross Gold's financial ratios allow both analysts and investors to convert raw data from Kinross Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Kinross Gold over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Kinross Gold's current stock value. Our valuation model uses many indicators to compare Kinross Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Kinross Gold competition to find correlations between indicators driving Kinross Gold's intrinsic value. More Info.
Kinross Gold Corp is rated second overall in return on equity category among its peers. It is currently regarded as number one stock in return on asset category among its peers reporting about 0.55 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Kinross Gold Corp is roughly 1.81 . At this time, Kinross 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 Kinross Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Kinross 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.
Kinross Gold Corp Systematic Risk
Kinross Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Kinross 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 Kinross Gold Corp correlated with the market. If Beta is less than 0 Kinross Gold generally moves in the opposite direction as compared to the market. If Kinross Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Kinross Gold Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Kinross Gold is generally in the same direction as the market. If Beta > 1 Kinross Gold moves generally in the same direction as, but more than the movement of the benchmark.
Kinross Gold Corp Common Stock Shares Outstanding Over Time
Kinross Gold Thematic Clasifications
Kinross Gold Corp is part of Manufacturing investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Manufacturing of goods across different domains. Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production
This theme covers Manufacturing of goods across different domains. Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. Get More Thematic Ideas
Today, most investors in Kinross Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Kinross 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 Kinross Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Kinross Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Kinross Gold Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Kinross Gold Corp based on widely used predictive technical indicators. In general, we focus on analyzing Kinross Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Kinross Gold's daily price indicators and compare them against related drivers.
Kinross Gold financial ratios help investors to determine whether Kinross Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Kinross with respect to the benefits of owning Kinross Gold security.