Financial data analysis helps to double-check if markets are presently mispricing Alamos Gold. We were able to collect and analyze data for fourty available fundamental indicators for Alamos Gold, which can be compared to its peers. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Alamos Gold to be traded at C$29.78 in 90 days. Key indicators impacting Alamos Gold's financial strength include:
Understanding current and past Alamos Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Alamos Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Alamos Gold's assets may result in an increase in income on the income statement.
Alamos Gold competes with Calibre Mining, NeXGold Mining, Precious Metals, South Pacific, and Sun Peak. Alamos Gold Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and extraction of gold deposits in North America. The company was incorporated in 2003 and is headquartered in Toronto, Canada. ALAMOS GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 1700 people.
You should never invest in Alamos Gold without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Alamos Stock, because this is throwing your money away. Analyzing the key information contained in Alamos Gold's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Alamos Gold Key Financial Ratios
Alamos Gold's financial ratios allow both analysts and investors to convert raw data from Alamos Gold's financial statements into concise, actionable information that can be used to evaluate the performance of Alamos Gold over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Alamos Gold's current stock value. Our valuation model uses many indicators to compare Alamos Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alamos Gold competition to find correlations between indicators driving Alamos Gold's intrinsic value. More Info.
Alamos Gold is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.75 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Alamos Gold is roughly 1.34 . At this time, Alamos Gold's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Alamos Gold by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alamos Gold's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Alamos Gold Systematic Risk
Alamos Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Alamos Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Alamos Gold correlated with the market. If Beta is less than 0 Alamos Gold generally moves in the opposite direction as compared to the market. If Alamos Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alamos Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alamos Gold is generally in the same direction as the market. If Beta > 1 Alamos Gold moves generally in the same direction as, but more than the movement of the benchmark.
Alamos Gold Total Assets Over Time
Today, most investors in Alamos Gold Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Alamos Gold's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Alamos Gold growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Alamos Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Alamos Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Alamos Gold based on widely used predictive technical indicators. In general, we focus on analyzing Alamos Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Alamos Gold's daily price indicators and compare them against related drivers.
When determining whether Alamos Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alamos Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alamos Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alamos Gold Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Please note, there is a significant difference between Alamos Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alamos Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alamos Gold'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.