Newmont Financials
NMM Stock | EUR 35.55 0.94 2.58% |
Newmont |
Newmont Stock Summary
Newmont competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. 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 Mining operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12400 people.Foreign Associate | USA |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US6516391066 |
Business Address | 6900 East Layton |
Sector | Basic Materials |
Industry | Gold |
Benchmark | Dow Jones Industrial |
Website | www.newmont.com |
Phone | 303 863 7414 |
Currency | EUR - Euro |
You should never invest in Newmont 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's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Newmont Key Financial Ratios
There are many critical financial ratios that Newmont's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Newmont reports annually and quarterly.Return On Equity | -0.0193 | |||
Return On Asset | 0.0256 | |||
Beta | 0.3 | |||
Z Score | 3.0 | |||
Last Dividend Paid | 2.05 |
Newmont Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newmont's current stock value. Our valuation model uses many indicators to compare Newmont value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newmont competition to find correlations between indicators driving Newmont's intrinsic value. More Info.Newmont is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Newmont's earnings, one of the primary drivers of an investment's value.Newmont Systematic Risk
Newmont's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Newmont 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 Newmont correlated with the market. If Beta is less than 0 Newmont generally moves in the opposite direction as compared to the market. If Newmont Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Newmont is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Newmont is generally in the same direction as the market. If Beta > 1 Newmont moves generally in the same direction as, but more than the movement of the benchmark.
Newmont December 21, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Newmont help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Newmont. We use our internally-developed statistical techniques to arrive at the intrinsic value of Newmont 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's daily price indicators and compare them against related drivers.
Information Ratio | (0.17) | |||
Maximum Drawdown | 19.5 | |||
Value At Risk | (3.78) | |||
Potential Upside | 2.45 |
Complementary Tools for Newmont Stock analysis
When running Newmont's price analysis, check to measure Newmont's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newmont is operating at the current time. Most of Newmont's value examination focuses on studying past and present price action to predict the probability of Newmont's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont's price. Additionally, you may evaluate how the addition of Newmont to your portfolios can decrease your overall portfolio volatility.
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