Newmont (Germany) Performance
| NMM Stock | EUR 42.21 2.36 5.92% |
On a scale of 0 to 100, Newmont holds a performance score of 8. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. 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. Please check Newmont's semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to make a quick decision on whether Newmont's current price movements will revert.
Risk-Adjusted Performance
Insignificant
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Compared to the overall equity markets, risk-adjusted returns on investments in Newmont are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very fragile primary indicators, Newmont displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Fifty Two Week Low | 34.87 | |
| Fifty Two Week High | 50.46 |
Newmont |
Newmont Relative Risk vs. Return Landscape
If you would invest 3,751 in Newmont on December 14, 2024 and sell it today you would earn a total of 470.00 from holding Newmont or generate 12.53% return on investment over 90 days. Newmont is generating 0.2236% of daily returns assuming 2.1782% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than Newmont, and 96% 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 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 = 0.1026
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Estimated Market Risk
| 2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Newmont 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 Newmont by adding it to a well-diversified portfolio.
About Newmont Performance
By examining Newmont's fundamental ratios, stakeholders can obtain critical insights into Newmont'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 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.
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.Evaluating Newmont's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Newmont's stock performance include:- 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.
Other Information on Investing in Newmont Stock
Newmont financial ratios help investors to determine whether Newmont 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 Newmont with respect to the benefits of owning Newmont security.