Barrick Competitors
| B Stock | USD 45.16 1.19 2.71% |
Barrick Mining vs Namib Minerals Correlation
Weak diversification
The correlation between Barrick Mining and NAMM is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Barrick Mining and NAMM in the same portfolio, assuming nothing else is changed.
Moving together with Barrick Stock
| 0.93 | AA | Alcoa Corp | PairCorr |
| 0.9 | AP | Ampco Pittsburgh | PairCorr |
| 0.93 | AU | AngloGold Ashanti plc | PairCorr |
| 0.93 | HL | Hecla Mining | PairCorr |
Moving against Barrick Stock
The current year's Return On Assets is expected to grow to 0.10, whereas Return On Tangible Assets are forecasted to decline to 0.06. At present, Barrick Mining's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 43.4 B, whereas Other Assets are forecasted to decline to about 2.6 B.Barrick Mining Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Barrick Mining and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Barrick and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Barrick Mining does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Barrick Stock performing well and Barrick Mining Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Barrick Mining's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VGZ | 4.73 | 0.66 | 0.12 | 0.56 | 5.16 | 11.63 | 33.87 | |||
| FF | 1.76 | (0.08) | 0.00 | (0.09) | 0.00 | 3.37 | 14.81 | |||
| BHST | 3.55 | (1.03) | 0.00 | (0.48) | 0.00 | 9.49 | 22.97 | |||
| USAU | 3.40 | 0.14 | 0.04 | 0.19 | 4.13 | 7.02 | 24.87 | |||
| FRD | 2.20 | (0.25) | 0.00 | (0.07) | 0.00 | 4.43 | 16.36 | |||
| LVRO | 7.60 | 0.58 | 0.10 | 0.31 | 6.40 | 14.81 | 160.48 | |||
| CMT | 1.93 | 0.10 | 0.04 | 0.17 | 2.88 | 3.78 | 13.25 | |||
| USGO | 3.44 | 0.17 | 0.04 | 0.22 | 4.11 | 9.48 | 22.52 | |||
| BGL | 8.66 | (0.88) | 0.00 | (0.30) | 0.00 | 13.74 | 124.55 | |||
| NAMM | 10.20 | 2.00 | 0.26 | 0.44 | 8.07 | 31.29 | 165.48 |
Cross Equities Net Income Analysis
Compare Barrick Mining and related stocks such as Vista Gold, FutureFuel Corp, and BioHarvest Sciences Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VGZ | 400 K | 51.5 M | (70.7 M) | (59.5 M) | (18.9 M) | 1 M | (3.1 M) | (12 M) | (8.7 M) | (9.4 M) | 420 K | (15.2 M) | (4.9 M) | (6.6 M) | 11.2 M | 10.1 M | 10.6 M |
| FF | (14.9 M) | 34.5 M | 34.3 M | 74 M | 53.2 M | 46.4 M | 56.3 M | 23.5 M | 53.2 M | 88.2 M | 46.6 M | 26.3 M | 15.2 M | 37.4 M | 15.5 M | 17.8 M | 16.9 M |
| USAU | 4.2 M | (3.3 M) | (4.6 M) | (2.6 M) | (3.8 M) | (1.2 M) | (1.9 M) | (13.7 M) | (8 M) | (5.2 M) | (12.4 M) | (11.7 M) | (7.6 M) | (6.9 M) | (20.6 M) | (18.5 M) | (17.6 M) |
| FRD | 2.8 M | 8.2 M | 6.1 M | 1.7 M | 382.3 K | 294 K | (2.7 M) | 2.8 M | 5.1 M | (5.2 M) | 11.4 M | 14.1 M | 21.3 M | 17.3 M | 6.1 M | 7 M | 4.9 M |
| LVRO | (108.7 M) | (108.7 M) | (108.7 M) | (108.7 M) | (108.7 M) | (108.7 M) | (108.7 M) | (108.7 M) | (108.7 M) | (108.7 M) | 38.4 M | 78.2 M | (260.7 M) | (762.5 M) | (466.1 M) | (419.5 M) | (398.5 M) |
| CMT | 2.7 M | 10.5 M | 8.2 M | 6.9 M | 9.6 M | 12.1 M | 7.4 M | 5.5 M | (4.8 M) | (15.2 M) | 8.2 M | 4.7 M | 12.2 M | 20.3 M | 13.3 M | 15.3 M | 16.1 M |
| USGO | (595 K) | (595 K) | (595 K) | (595 K) | (595 K) | (595 K) | (595 K) | (595 K) | (595 K) | (595 K) | (697.3 K) | (1.7 M) | (9.4 M) | (8.5 M) | (8.5 M) | (7.6 M) | (7.3 M) |
| BGL | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 8.7 M | 13.8 M | 5.1 M | 703 K | 632.7 K | 601 K |
| NAMM | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.9 M | 3.6 M | 3.6 M | 4.1 M | 3.5 M |
Barrick Mining and related stocks such as Vista Gold, FutureFuel Corp, and BioHarvest Sciences Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Barrick Mining financial statement analysis. It represents the amount of money remaining after all of Barrick Mining operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Barrick Mining Competitive Analysis
The better you understand Barrick Mining competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Barrick Mining's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Barrick Mining's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Barrick Mining Competition Performance Charts
Five steps to successful analysis of Barrick Mining Competition
Barrick Mining's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Barrick Mining in relation to its competition. Barrick Mining's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Barrick Mining in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Barrick Mining's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Barrick Mining, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Barrick Mining Correlation with its peers. For information on how to trade Barrick Stock refer to our How to Trade Barrick Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Mining. Projected growth potential of Barrick fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Barrick Mining assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 1.757 | Dividend Share 0.525 | Earnings Share 2.08 | Revenue Per Share | Quarterly Revenue Growth 0.232 |
Barrick Mining's market price often diverges from its book value, the accounting figure shown on Barrick's balance sheet. Smart investors calculate Barrick Mining's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Barrick Mining's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Barrick Mining's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Barrick Mining should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Barrick Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.