Barrick Operating Margin from 2010 to 2026
| ABX Stock | CAD 69.21 0.33 0.48% |
Check Barrick Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrick Gold's main balance sheet or income statement drivers, such as Interest Expense of 390 M, Total Revenue of 18 B or Gross Profit of 8.7 B, as well as many indicators such as Price To Sales Ratio of 4.12, Dividend Yield of 0.0104 or PTB Ratio of 2.94. Barrick financial statements analysis is a perfect complement when working with Barrick Gold Valuation or Volatility modules.
Barrick | Operating Margin |
Evaluating Barrick Gold's Operating Margin across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Barrick Gold Corp's fundamental strength.
Latest Barrick Gold's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Barrick Gold Corp over the last few years. It is Barrick Gold's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barrick Gold's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.53 % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Barrick Operating Margin Regression Statistics
| Arithmetic Mean | 0.33 | |
| Geometric Mean | 0.32 | |
| Coefficient Of Variation | 32.14 | |
| Mean Deviation | 0.09 | |
| Median | 0.33 | |
| Standard Deviation | 0.11 | |
| Sample Variance | 0.01 | |
| Range | 0.3542 | |
| R-Value | (0.17) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.03 | |
| Significance | 0.52 | |
| Slope | (0) | |
| Total Sum of Squares | 0.18 |
Barrick Operating Margin History
About Barrick Gold Financial Statements
Barrick Gold investors utilize fundamental indicators, such as Operating Margin, to predict how Barrick Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. BARRICK GOLD operates under Metals And Minerals Mining And Exploration classification in Canada and is traded on Toronto Stock Exchange.
Pair Trading with Barrick Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barrick Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barrick Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Barrick Stock
| 0.82 | AG | First Majestic Silver | PairCorr |
| 0.79 | IE | Ivanhoe Energy | PairCorr |
| 0.78 | ORE | Orezone Gold Corp | PairCorr |
| 0.71 | FDY | Faraday Copper Corp | PairCorr |
The ability to find closely correlated positions to Barrick Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrick Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barrick Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barrick Gold Corp to buy it.
The correlation of Barrick Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barrick Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrick Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barrick Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Barrick Stock
Barrick Gold financial ratios help investors to determine whether Barrick Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Barrick with respect to the benefits of owning Barrick Gold security.