Newmont Goldcorp Corp Stock Performance
| NGT Stock | CAD 67.03 0.87 1.28% |
On a scale of 0 to 100, Newmont Goldcorp holds a performance score of 14. The company secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Newmont Goldcorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Newmont Goldcorp is expected to be smaller as well. Please check Newmont Goldcorp's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Newmont Goldcorp's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Newmont Goldcorp Corp are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Newmont Goldcorp displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 3.1 B |
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Newmont Goldcorp Relative Risk vs. Return Landscape
If you would invest 5,455 in Newmont Goldcorp Corp on December 25, 2024 and sell it today you would earn a total of 1,248 from holding Newmont Goldcorp Corp or generate 22.88% return on investment over 90 days. Newmont Goldcorp Corp is generating 0.3626% of daily returns assuming 1.9489% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than Newmont Goldcorp, and 93% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Newmont Goldcorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newmont Goldcorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newmont Goldcorp Corp, and traders can use it to determine the average amount a Newmont Goldcorp'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 = 0.1861
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Newmont Goldcorp is performing at about 14% 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 Newmont Goldcorp by adding it to a well-diversified portfolio.
Newmont Goldcorp Fundamentals Growth
Newmont Stock prices reflect investors' perceptions of the future prospects and financial health of Newmont Goldcorp, and Newmont Goldcorp 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 | 0.11 | ||||
| Return On Asset | 0.0661 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.41 % | ||||
| Current Valuation | 84.11 B | ||||
| Shares Outstanding | 1.13 B | ||||
| Price To Book | 1.79 X | ||||
| Price To Sales | 4.10 X | ||||
| Revenue | 18.68 B | ||||
| EBITDA | 8.86 B | ||||
| Cash And Equivalents | 1.85 B | ||||
| Cash Per Share | 2.26 X | ||||
| Total Debt | 924 M | ||||
| Debt To Equity | 33.90 % | ||||
| Book Value Per Share | 26.56 X | ||||
| Cash Flow From Operations | 6.36 B | ||||
| Earnings Per Share | 4.09 X | ||||
| Total Asset | 56.35 B | ||||
| Retained Earnings | (1.32 B) | ||||
About Newmont Goldcorp Performance
By examining Newmont Goldcorp's fundamental ratios, stakeholders can obtain critical insights into Newmont Goldcorp'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 Newmont Goldcorp 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.
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 GOLDCORP operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 12400 people.Things to note about Newmont Goldcorp Corp performance evaluation
Checking the ongoing alerts about Newmont Goldcorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newmont Goldcorp Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 75.0% of the company shares are owned by institutional investors |
- Analyzing Newmont Goldcorp'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 Goldcorp's stock is overvalued or undervalued compared to its peers.
- Examining Newmont Goldcorp'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 Goldcorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newmont Goldcorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newmont Goldcorp's stock. These opinions can provide insight into Newmont Goldcorp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.