Eldorado Gold Corp Stock Alpha and Beta Analysis
| ELD Stock | CAD 23.98 0.14 0.59% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Eldorado Gold Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Eldorado Gold over a specified time horizon. Remember, high Eldorado Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Eldorado Gold's market risk premium analysis include:
Beta 0.37 | Alpha 0.2 | Risk 3 | Sharpe Ratio 0.0834 | Expected Return 0.25 |
Eldorado Gold Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Eldorado |
Eldorado Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Eldorado Gold market risk premium is the additional return an investor will receive from holding Eldorado Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Eldorado Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Eldorado Gold's performance over market.| α | 0.20 | β | 0.37 |
Eldorado Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Eldorado Gold's Buy-and-hold return. Our buy-and-hold chart shows how Eldorado Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Eldorado Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Eldorado Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Eldorado Gold shares will generate the highest return on investment. By understating and applying Eldorado Gold stock market price indicators, traders can identify Eldorado Gold position entry and exit signals to maximize returns.
Eldorado Gold Return and Market Media
The median price of Eldorado Gold for the period between Sun, Dec 29, 2024 and Sat, Mar 29, 2025 is 21.6 with a coefficient of variation of 5.19. The daily time series for the period is distributed with a sample standard deviation of 1.12, arithmetic mean of 21.53, and mean deviation of 0.92. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Eldorado Gold Sees Unusually-High Trading Volume - Should You Buy - MarketBeat | 01/15/2025 |
2 | BMO cuts Eldorado Gold stock target to 29, maintains Outperform - Investing.com | 01/28/2025 |
3 | Jennison Associates LLC Buys 1,058,137 Shares of Eldorado Gold Co. - MarketBeat | 02/06/2025 |
4 | Institutional investors may overlook Eldorado Gold Corporations recent CA286m market cap drop as long-term gains remain positive - Yahoo Canada Finance | 02/11/2025 |
5 | Oregon Gold Discovery Provenance Hits 3.02 gt Gold in Massive Near-Surface Intercept - StockTitan | 02/28/2025 |
6 | SBI Securities Co. Ltd. Takes 55,000 Position in Eldorado Gold Co. - Defense World | 03/11/2025 |
7 | Eldorado Gold Corp Stock Price Up 6.27 percent on Mar 25 - GuruFocus.com | 03/25/2025 |
About Eldorado Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Eldorado or other stocks. Alpha measures the amount that position in Eldorado Gold Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 | 2025 (projected) | |
| Payables Turnover | 9.34 | 7.93 | 5.11 | 4.18 |
| Days Of Inventory On Hand | 103.73 | 116.35 | 176.97 | 102.91 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Eldorado Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Eldorado Gold's short interest history, or implied volatility extrapolated from Eldorado Gold options trading.
Build Portfolio with Eldorado Gold
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Eldorado Gold Backtesting, Eldorado Gold Valuation, Eldorado Gold Correlation, Eldorado Gold Hype Analysis, Eldorado Gold Volatility, Eldorado Gold History and analyze Eldorado Gold Performance. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Eldorado Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.