Financial data analysis helps to confirm if markets are presently mispricing Torex Gold. We were able to analyze and collect data for thirty-six available drivers for Torex Gold Resources, which can be compared to its competition. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Torex Gold to be traded at C$35.05 in 90 days. Key indicators impacting Torex Gold's financial strength include:
Torex Gold competes with OceanaGold, Wesdome Gold, Centerra Gold, Alamos Gold, and Endeavour Mining. Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties in Mexico. Torex Gold Resources Inc. was founded in 1980 and is headquartered in Toronto, Canada. TOREX GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Torex Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Torex Stock, because this is throwing your money away. Analyzing the key information contained in Torex Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Torex Gold Key Financial Ratios
Torex Gold's financial ratios allow both analysts and investors to convert raw data from Torex Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Torex Gold over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Torex Gold's current stock value. Our valuation model uses many indicators to compare Torex Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Torex Gold competition to find correlations between indicators driving Torex Gold's intrinsic value. More Info.
Torex Gold Resources is rated fourth in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about 1.29 of Return On Asset per Return On Equity. At this time, Torex 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 Torex Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Torex 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.
Torex Gold Resources Systematic Risk
Torex Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Torex 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 Torex Gold Resources correlated with the market. If Beta is less than 0 Torex Gold generally moves in the opposite direction as compared to the market. If Torex Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Torex Gold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Torex Gold is generally in the same direction as the market. If Beta > 1 Torex Gold moves generally in the same direction as, but more than the movement of the benchmark.
Torex Gold Resources Total Assets Over Time
Today, most investors in Torex Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Torex 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 Torex Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Torex Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Torex Gold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Torex Gold Resources based on widely used predictive technical indicators. In general, we focus on analyzing Torex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Torex Gold's daily price indicators and compare them against related drivers.
Torex Gold financial ratios help investors to determine whether Torex 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 Torex with respect to the benefits of owning Torex Gold security.