IAMGold Competitors
| IAG Stock | USD 20.16 2.33 10.36% |
IAMGold vs Gerdau SA Correlation
Almost no diversification
The correlation between IAMGold and GGB is 0.92 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding IAMGold and GGB in the same portfolio, assuming nothing else is changed.
Moving together with IAMGold Stock
| 0.88 | B | Barrick Mining Symbol Change | PairCorr |
| 0.84 | AA | Alcoa Corp | PairCorr |
| 0.9 | AP | Ampco Pittsburgh | PairCorr |
| 0.96 | AU | AngloGold Ashanti plc Earnings Call This Week | PairCorr |
| 0.89 | HL | Hecla Mining Earnings Call This Week | PairCorr |
Moving against IAMGold Stock
The IAMGold's current Return On Tangible Assets is estimated to increase to 0.18. The IAMGold's current Return On Capital Employed is estimated to increase to 0.24. At this time, IAMGold's Net Tangible Assets are most likely to decrease significantly in the upcoming years. The IAMGold's current Return On Tangible Assets is estimated to increase to 0.18, while Other Assets are forecasted to increase to (606.8 M).IAMGold Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between IAMGold 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 IAMGold 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 IAMGold does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between IAMGold Stock performing well and IAMGold 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 IAMGold'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EMN | 1.61 | 0.34 | 0.19 | 0.31 | 1.52 | 5.51 | 9.74 | |||
| NGD | 3.41 | 0.48 | 0.14 | 0.23 | 3.93 | 7.57 | 29.39 | |||
| SBSW | 3.31 | 0.57 | 0.13 | 0.37 | 4.55 | 6.96 | 24.48 | |||
| BTG | 2.48 | 0.32 | 0.09 | 0.25 | 3.42 | 7.20 | 21.21 | |||
| EGO | 2.51 | 0.75 | 0.20 | 0.67 | 3.07 | 5.90 | 17.36 | |||
| HL | 4.25 | 0.55 | 0.13 | 0.26 | 4.75 | 8.77 | 27.31 | |||
| OR | 2.15 | 0.33 | 0.09 | 0.45 | 3.36 | 4.41 | 19.93 | |||
| EXP | 1.58 | 0.10 | 0.07 | 0.15 | 1.55 | 4.45 | 10.51 | |||
| TX | 1.27 | 0.33 | 0.19 | 0.94 | 1.17 | 2.72 | 7.28 | |||
| GGB | 1.49 | 0.24 | 0.10 | 0.39 | 1.78 | 2.81 | 8.81 |
Cross Equities Net Income Analysis
Compare IAMGold and related stocks such as Eastman Chemical, New Gold, and Sibanye Gold Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMN | (209 M) | 696 M | 437 M | 1.2 B | 751 M | 848 M | 866 M | 1.5 B | 1.1 B | 759 M | 478 M | 857 M | 793 M | 894 M | 905 M | 474 M | 546.6 M |
| NGD | (40 K) | 179 M | 199 M | (191.2 M) | (477.1 M) | (201.4 M) | 2.7 M | (108 M) | (1.2 B) | (73.5 M) | (79.3 M) | 140.6 M | (66.8 M) | (64.5 M) | 102.6 M | 92.3 M | 97 M |
| SBSW | 1.1 B | 2.7 B | 3.1 B | 2.4 B | 1.6 B | 716.9 M | 3.7 B | (4.4 B) | (2.5 B) | 62.1 M | 29.3 B | 33.1 B | 18.4 B | (37.8 B) | (7.3 B) | (6.6 B) | (6.2 B) |
| BTG | (4.2 M) | 56.3 M | 51.9 M | 67.3 M | (665.3 M) | (149.9 M) | 39.1 M | 56.9 M | 28.9 M | 293.4 M | 628.1 M | 420.1 M | 252.9 M | 10.1 M | (629.9 M) | (724.4 M) | (688.2 M) |
| EGO | (1.5 M) | 318.7 M | 305.3 M | (653.3 M) | 102.6 M | (1.5 B) | (344.2 M) | (9.9 M) | (361.9 M) | 80.6 M | 124.8 M | (136 M) | (353.8 M) | 104.6 M | 289.1 M | 260.2 M | 273.2 M |
| HL | (4.2 M) | 151.2 M | 15 M | (25.1 M) | 17.8 M | (87 M) | 69.5 M | (23.5 M) | (26.6 M) | (94.9 M) | (9.5 M) | 35.1 M | (37.3 M) | (84.2 M) | 35.8 M | 41.2 M | 43.2 M |
| OR | 0.0 | 17.6 M | 79 M | (455.1 M) | 1.7 B | 28.7 M | 42.1 M | (42.5 M) | (105.6 M) | (234.2 M) | 16.9 M | (18.5 M) | (87.5 M) | (37.4 M) | 16.3 M | 14.6 M | 13.9 M |
| EXP | 10.2 M | 18.7 M | 57.7 M | 124.2 M | 186.9 M | 152.6 M | 198.2 M | 256.6 M | 68.9 M | 70.9 M | 339.4 M | 374.2 M | 461.5 M | 477.6 M | 463.4 M | 532.9 M | 559.6 M |
| TX | 356.6 M | 513.5 M | 139.2 M | 455.4 M | 452.4 M | 8.1 M | 595.6 M | 886.2 M | 1.5 B | 564.3 M | 778.5 M | 3.8 B | 1.8 B | 676 M | (53.7 M) | (61.7 M) | (58.6 M) |
| GGB | 234.1 M | 2 B | 1.4 B | 1.6 B | 1.4 B | (4.6 B) | (2.9 B) | (338.7 M) | 2.3 B | 1.2 B | 2.4 B | 15.5 B | 11.4 B | 7.5 B | 4.6 B | 5.3 B | 2.7 B |
IAMGold and related stocks such as Eastman Chemical, New Gold, and Sibanye Gold Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in IAMGold financial statement analysis. It represents the amount of money remaining after all of IAMGold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.IAMGold Competitive Analysis
The better you understand IAMGold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, IAMGold'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 IAMGold'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 |
IAMGold Competition Performance Charts
Five steps to successful analysis of IAMGold Competition
IAMGold'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 IAMGold in relation to its competition. IAMGold's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of IAMGold 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 IAMGold's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to IAMGold, 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.
Complement your IAMGold position
In addition to having IAMGold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Growth Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Check out IAMGold Correlation with its peers. For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Can Metals & Mining industry sustain growth momentum? Does IAMGold have expansion opportunities? Factors like these will boost the valuation of IAMGold. Market participants price IAMGold higher when confident in its future expansion prospects. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating IAMGold demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth (0.77) | Earnings Share 0.57 | Revenue Per Share | Quarterly Revenue Growth 0.61 | Return On Assets |
The market value of IAMGold is measured differently than its book value, which is the value of IAMGold that is recorded on the company's balance sheet. Investors also form their own opinion of IAMGold's value that differs from its market value or its book value, called intrinsic value, which is IAMGold's true underlying value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Because IAMGold's market value can be influenced by many factors that don't directly affect IAMGold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, IAMGold's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.