Newmont (Germany) Performance
| NMM Stock | EUR 36.52 0.41 1.11% |
The company secures a Beta (Market Risk) of 0.0915, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Newmont's returns are expected to increase less than the market. However, during the bear market, the loss of holding Newmont is expected to be smaller as well. At this point, Newmont has a negative expected return of -0.43%. Please make sure to verify Newmont's skewness, rate of daily change, price action indicator, as well as the relationship between the accumulation distribution and day typical price , to decide if Newmont performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Newmont has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 5.1 B |
Newmont |
Newmont Relative Risk vs. Return Landscape
If you would invest 4,870 in Newmont on October 1, 2024 and sell it today you would lose (1,218) from holding Newmont or give up 25.01% of portfolio value over 90 days. Newmont is currently producing negative expected returns and takes up 2.6523% volatility of returns over 90 trading days. Put another way, 23% of traded stocks are less volatile than Newmont, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Newmont Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newmont's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newmont, and traders can use it to determine the average amount a Newmont's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1607
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NMM |
Estimated Market Risk
| 2.65 actual daily | 23 77% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newmont is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Newmont by adding Newmont to a well-diversified portfolio.
Newmont Fundamentals Growth
Newmont Stock prices reflect investors' perceptions of the future prospects and financial health of Newmont, and Newmont fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Newmont Stock performance.
| Return On Equity | -0.0193 | |||
| Return On Asset | 0.0256 | |||
| Profit Margin | (0.04) % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 37.08 B | |||
| Shares Outstanding | 793.79 M | |||
| Price To Earning | 76.53 X | |||
| Price To Book | 1.75 X | |||
| Price To Sales | 2.82 X | |||
| Revenue | 11.91 B | |||
| EBITDA | 2.36 B | |||
| Cash And Equivalents | 3.6 B | |||
| Cash Per Share | 4.39 X | |||
| Total Debt | 5.57 B | |||
| Debt To Equity | 38.30 % | |||
| Book Value Per Share | 24.41 X | |||
| Cash Flow From Operations | 3.22 B | |||
| Earnings Per Share | 1.13 X | |||
| Total Asset | 38.48 B | |||
About Newmont Performance
By analyzing Newmont's fundamental ratios, stakeholders can gain valuable insights into Newmont's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Newmont has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Newmont has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Newmont performance evaluation
Checking the ongoing alerts about Newmont for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newmont help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newmont generated a negative expected return over the last 90 days | |
| The company reported the revenue of 11.91 B. Net Loss for the year was (429 M) with profit before overhead, payroll, taxes, and interest of 4.53 B. | |
| Over 82.0% of the company shares are owned by institutional investors |
- Analyzing Newmont's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Newmont's stock is overvalued or undervalued compared to its peers.
- Examining Newmont's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Newmont's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newmont's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newmont's stock. These opinions can provide insight into Newmont's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |