Financial data analysis helps to check out if markets are presently mispricing Newmont Goldcorp Corp. We were able to interpolate and analyze data for thirty-six available fundamentals for Newmont Goldcorp, which can be compared to its peers in the industry. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Newmont Goldcorp to be traded at C$66.54 in 90 days. Key indicators impacting Newmont Goldcorp's financial strength include:
Newmont Goldcorp competes with Wheaton Precious, Agnico Eagle, Pan American, Franco Nevada, and Equinox Gold. Newmont Goldcorp Corporation, together with its subsidiaries, operates in the mining industry. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado. NEWMONT GOLDCORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 12400 people.
You should never invest in Newmont Goldcorp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Newmont Stock, because this is throwing your money away. Analyzing the key information contained in Newmont Goldcorp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Newmont Goldcorp Key Financial Ratios
Newmont Goldcorp's financial ratios allow both analysts and investors to convert raw data from Newmont Goldcorp's financial statements into concise, actionable information that can be used to evaluate the performance of Newmont Goldcorp over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Newmont Goldcorp's current stock value. Our valuation model uses many indicators to compare Newmont Goldcorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newmont Goldcorp competition to find correlations between indicators driving Newmont Goldcorp's intrinsic value. More Info.
Newmont Goldcorp Corp is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers reporting about 0.59 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Newmont Goldcorp Corp is roughly 1.69 . At this time, Newmont Goldcorp'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 Newmont Goldcorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Newmont Goldcorp'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.
Newmont Goldcorp Corp Systematic Risk
Newmont Goldcorp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Newmont Goldcorp 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Newmont Goldcorp Corp correlated with the market. If Beta is less than 0 Newmont Goldcorp generally moves in the opposite direction as compared to the market. If Newmont Goldcorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Newmont Goldcorp Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Newmont Goldcorp is generally in the same direction as the market. If Beta > 1 Newmont Goldcorp moves generally in the same direction as, but more than the movement of the benchmark.
Newmont Goldcorp Corp Total Assets Over Time
Today, most investors in Newmont Goldcorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Newmont Goldcorp'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 Newmont Goldcorp growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Newmont Goldcorp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Newmont Goldcorp Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Newmont Goldcorp Corp based on widely used predictive technical indicators. In general, we focus on analyzing Newmont Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Newmont Goldcorp's daily price indicators and compare them against related drivers.
When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp'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 Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp'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.