Iamgold Stock Alpha and Beta Analysis
| IMG Stock | CAD 7.72 0.12 1.58% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as IAMGold. It also helps investors analyze the systematic and unsystematic risks associated with investing in IAMGold over a specified time horizon. Remember, high IAMGold's 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 IAMGold's market risk premium analysis include:
Beta 0.35 | Alpha 0.23 | Risk 3.78 | Sharpe Ratio 0.0849 | Expected Return 0.32 |
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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.
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IAMGold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. IAMGold market risk premium is the additional return an investor will receive from holding IAMGold 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 IAMGold. 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 IAMGold's performance over market.| α | 0.23 | β | 0.35 |
IAMGold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of IAMGold's Buy-and-hold return. Our buy-and-hold chart shows how IAMGold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.IAMGold Market Price Analysis
Market price analysis indicators help investors to evaluate how IAMGold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading IAMGold shares will generate the highest return on investment. By understating and applying IAMGold stock market price indicators, traders can identify IAMGold position entry and exit signals to maximize returns.
IAMGold Return and Market Media
The median price of IAMGold for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 is 7.28 with a coefficient of variation of 7.58. The daily time series for the period is distributed with a sample standard deviation of 0.55, arithmetic mean of 7.28, and mean deviation of 0.44. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | IAMGOLD Stock Rises percent in 3 Months How Should You Play the Stock - Yahoo Finance | 09/12/2024 |
2 | IAMGOLD Shares Cross Above 200-Day Moving Average of 5.54 - MarketBeat | 09/25/2024 |
3 | IAMGOLD Provides Update on Media Reports Concerning Burkina Faso - StockTitan | 10/07/2024 |
4 | Should You Buy IAMGOLD Gold Stock Ahead of Q3 Earnings Release - Yahoo Finance | 11/05/2024 |
5 | Are Investors Undervaluing Iamgold Right Now - MSN | 11/20/2024 |
About IAMGold 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 IAMGold or other stocks. Alpha measures the amount that position in IAMGold 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.
| 2023 | 2024 (projected) | Dividend Yield | 0.003627 | 0.003446 | Price To Sales Ratio | 1.23 | 1.17 |
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 IAMGold 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, IAMGold's short interest history, or implied volatility extrapolated from IAMGold options trading.
Build Portfolio with IAMGold
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out IAMGold Backtesting, IAMGold Valuation, IAMGold Correlation, IAMGold Hype Analysis, IAMGold Volatility, IAMGold History and analyze IAMGold Performance. To learn how to invest in IAMGold Stock, please use our How to Invest in IAMGold guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
IAMGold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.