Kinross Gold Corp Stock Performance
| K Stock | CAD 13.71 0.15 1.08% |
On a scale of 0 to 100, Kinross Gold holds a performance score of 8. The company secures a Beta (Market Risk) of 1.05, which conveys a somewhat significant risk relative to the market. Kinross Gold returns are very sensitive to returns on the market. As the market goes up or down, Kinross Gold is expected to follow. Please check Kinross Gold's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Kinross Gold's current price movements will revert.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Kinross Gold Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Kinross Gold displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.012 | Payout Ratio 0.2034 | Last Split Factor 1:3 | Forward Dividend Rate 0.17 | Dividend Date 2024-12-12 |
1 | Heres Why Kinross Gold is a Strong Growth Stock - Yahoo Finance | 09/23/2024 |
2 | BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Buys 111,908 Shares of Kinross Gold Co. - MarketBeat | 09/30/2024 |
3 | Kinross Gold Corporation Hit a 52 Week High, Can the Run Continue - Yahoo Finance | 10/25/2024 |
| Begin Period Cash Flow | 418.1 M |
Kinross |
Kinross Gold Relative Risk vs. Return Landscape
If you would invest 1,164 in Kinross Gold Corp on August 31, 2024 and sell it today you would earn a total of 207.00 from holding Kinross Gold Corp or generate 17.78% return on investment over 90 days. Kinross Gold Corp is currently generating 0.2964% in daily expected returns and assumes 2.7145% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of stocks are less volatile than Kinross, and 95% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Kinross Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kinross Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Kinross Gold Corp, and traders can use it to determine the average amount a Kinross Gold'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 = 0.1092
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | K | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Kinross Gold is performing at about 8% of its full potential. 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 Kinross Gold by adding it to a well-diversified portfolio.
Kinross Gold Fundamentals Growth
Kinross Stock prices reflect investors' perceptions of the future prospects and financial health of Kinross Gold, and Kinross Gold 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 Kinross Stock performance.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0654 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.32 % | ||||
| Current Valuation | 18.76 B | ||||
| Shares Outstanding | 1.23 B | ||||
| Price To Earning | 12.34 X | ||||
| Price To Book | 1.83 X | ||||
| Price To Sales | 3.51 X | ||||
| Revenue | 4.24 B | ||||
| Gross Profit | 1.54 B | ||||
| EBITDA | 1.76 B | ||||
| Net Income | 415.4 M | ||||
| Cash And Equivalents | 1000 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 2.26 B | ||||
| Debt To Equity | 0.33 % | ||||
| Current Ratio | 1.76 X | ||||
| Book Value Per Share | 5.41 X | ||||
| Cash Flow From Operations | 1.61 B | ||||
| Earnings Per Share | 0.84 X | ||||
| Market Capitalization | 17.03 B | ||||
| Total Asset | 10.54 B | ||||
| Retained Earnings | (8.98 B) | ||||
| Working Capital | 1.12 B | ||||
About Kinross Gold Performance
By examining Kinross Gold's fundamental ratios, stakeholders can obtain critical insights into Kinross Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Kinross Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 136.63 | 89.90 | |
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.07 | 0.07 |
Things to note about Kinross Gold Corp performance evaluation
Checking the ongoing alerts about Kinross Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Kinross Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Kinross Gold Corp is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company shares are owned by institutional investors |
- Analyzing Kinross Gold'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 Kinross Gold's stock is overvalued or undervalued compared to its peers.
- Examining Kinross Gold'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 Kinross Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Kinross Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Kinross Gold's stock. These opinions can provide insight into Kinross Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Kinross Stock
Kinross Gold financial ratios help investors to determine whether Kinross 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 Kinross with respect to the benefits of owning Kinross Gold security.