BARRICK NORTH AMER Performance
| 06849RAK8 | 103.50 2.55 2.53% |
The entity shows a Beta (market volatility) of 0.0361, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BARRICK's returns are expected to increase less than the market. However, during the bear market, the loss of holding BARRICK is expected to be smaller as well.
Risk-Adjusted Performance
Good
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Compared to the overall equity markets, risk-adjusted returns on investments in BARRICK NORTH AMER are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, BARRICK may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
| Yield To Maturity | 6.187 |
BARRICK |
BARRICK Relative Risk vs. Return Landscape
If you would invest 9,921 in BARRICK NORTH AMER on December 24, 2024 and sell it today you would earn a total of 582.00 from holding BARRICK NORTH AMER or generate 5.87% return on investment over 90 days. BARRICK NORTH AMER is generating 0.1125% of daily returns and assumes 0.7581% volatility on return distribution over the 90 days horizon. Simply put, 6% of bonds are less volatile than BARRICK, and 98% 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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BARRICK Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BARRICK's investment risk. Standard deviation is the most common way to measure market volatility of bonds, such as BARRICK NORTH AMER, and traders can use it to determine the average amount a BARRICK'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 = 0.1484
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| Cash | 06849RAK8 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.76 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average BARRICK is performing at about 11% 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 BARRICK by adding it to a well-diversified portfolio.
About BARRICK Performance
By analyzing BARRICK's fundamental ratios, stakeholders can gain valuable insights into BARRICK's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if BARRICK 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 BARRICK has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.