Gold79 Mines Stock Alpha and Beta Analysis
| AUU Stock | CAD 0.46 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gold79 Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gold79 Mines over a specified time horizon. Remember, high Gold79 Mines' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Gold79 Mines' market risk premium analysis include:
Beta (0.10) | Alpha 0.72 | Risk 4.19 | Sharpe Ratio 0.23 | Expected Return 0.96 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Gold79 |
Gold79 Mines Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gold79 Mines market risk premium is the additional return an investor will receive from holding Gold79 Mines long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gold79 Mines. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Gold79 Mines' performance over market.| α | 0.72 | β | -0.1 |
Gold79 Mines Fundamentals Vs Peers
Comparing Gold79 Mines' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Gold79 Mines' direct or indirect competition across all of the common fundamentals between Gold79 Mines and the related equities. This way, we can detect undervalued stocks with similar characteristics as Gold79 Mines or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Gold79 Mines' fundamental indicators could also be used in its relative valuation, which is a method of valuing Gold79 Mines by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Gold79 Mines to competition |
| Fundamentals | Gold79 Mines | Peer Average |
| Return On Equity | -0.0824 | -0.31 |
| Return On Asset | -0.045 | -0.14 |
| Current Valuation | 30.12 M | 16.62 B |
| Shares Outstanding | 65.86 M | 571.82 M |
| Shares Owned By Insiders | 8.48 % | 10.09 % |
| Shares Owned By Institutions | 1.91 % | 39.21 % |
| Number Of Shares Shorted | 24 | 4.71 M |
Gold79 Mines Opportunities
Gold79 Mines Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Aura Resources Announces Name Change to Gold79 Mines Ltd., Continuance to British Columbia, Launches New Website and Provides Corporate Update - Junior Mining N... | 12/19/2024 |
2 | Gold79 Mines Ltd. announced that it expects to receive CAD 2 million in funding from Kanaga Capital Corp. - Marketscreener.com | 01/09/2025 |
3 | West Point Gold Expands Arizona Gold Chain Project by 30 percent - TipRanks | 02/19/2025 |
About Gold79 Mines Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Gold79 or other stocks. Alpha measures the amount that position in Gold79 Mines has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gold79 Mines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gold79 Mines' short interest history, or implied volatility extrapolated from Gold79 Mines options trading.
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Additional Tools for Gold79 Stock Analysis
When running Gold79 Mines' price analysis, check to measure Gold79 Mines' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gold79 Mines is operating at the current time. Most of Gold79 Mines' value examination focuses on studying past and present price action to predict the probability of Gold79 Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold79 Mines' price. Additionally, you may evaluate how the addition of Gold79 Mines to your portfolios can decrease your overall portfolio volatility.