Barrick Gold Stock Trading Cheaper Than Industry Buy or Hold - Yahoo Finance
ABX Stock | CAD 24.52 0.06 0.24% |
About 62% of Barrick Gold's investor base is looking to short. The current sentiment regarding investing in Barrick Gold Corp stock implies that many traders are alarmed. Barrick Gold's investing sentiment overview a quick insight into current market opportunities from investing in Barrick Gold Corp. Many technical investors use Barrick Gold Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Barrick Gold Stock Trading Cheaper Than Industry Buy or Hold Yahoo Finance
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Barrick Gold Fundamental Analysis
We analyze Barrick Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barrick Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barrick Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
Barrick Gold is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Barrick Gold Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Barrick Gold stock to make a market-neutral strategy. Peer analysis of Barrick Gold could also be used in its relative valuation, which is a method of valuing Barrick Gold by comparing valuation metrics with similar companies.
Peers
Barrick Gold Related Equities
CNQ | Canadian Natural | 1.06 | ||||
AEM | Agnico Eagle | 0.85 | ||||
SU | Suncor Energy | 0.11 | ||||
K | Kinross Gold | 1.08 |
Check out Barrick Gold Hype Analysis, Barrick Gold Correlation and Barrick Gold Performance. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.