Caledonia Mining Stock Alpha and Beta Analysis
| CMCL Stock | USD 10.73 0.46 4.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Caledonia Mining. It also helps investors analyze the systematic and unsystematic risks associated with investing in Caledonia Mining over a specified time horizon. Remember, high Caledonia Mining'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 Caledonia Mining's market risk premium analysis include:
Beta 0.64 | Alpha (0.30) | Risk 2.93 | Sharpe Ratio (0.10) | Expected Return (0.31) |
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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.
Caledonia |
Caledonia Mining Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Caledonia Mining market risk premium is the additional return an investor will receive from holding Caledonia Mining 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 Caledonia Mining. 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 Caledonia Mining's performance over market.| α | -0.3 | β | 0.64 |
Caledonia Mining 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 Caledonia Mining's Buy-and-hold return. Our buy-and-hold chart shows how Caledonia Mining performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Caledonia Mining Market Price Analysis
Market price analysis indicators help investors to evaluate how Caledonia Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Caledonia Mining shares will generate the highest return on investment. By understating and applying Caledonia Mining stock market price indicators, traders can identify Caledonia Mining position entry and exit signals to maximize returns.
Caledonia Mining Return and Market Media
The median price of Caledonia Mining for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 is 14.5 with a coefficient of variation of 11.73. The daily time series for the period is distributed with a sample standard deviation of 1.65, arithmetic mean of 14.1, and mean deviation of 1.44. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Caledonia Mining reports fatal accident at Blanket Mine | 09/23/2024 |
2 | Caledonia Mining Corporation PlcIssue of Securities | 10/01/2024 |
3 | Caledonia Mining Corporation PlcThird Quarter Production at Blanket Mine | 10/15/2024 |
4 | Caledonia Mining Corporation Plc Notification of relevant change to significant shareholder | 11/08/2024 |
5 | Caledonia Mining Corporation PlcResults for the quarter and nine months ended September 30, 2024 | 11/11/2024 |
6 | Earnings call Caledonia Mining reports stable gold production, cost challenges | 11/12/2024 |
7 | Caledonia Mining Corporation Plc Notifications of relevant change to significant shareholder | 11/21/2024 |
About Caledonia Mining 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 Caledonia or other stocks. Alpha measures the amount that position in Caledonia Mining 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.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0569 | 0.0488 | 0.0778 | Price To Sales Ratio | 1.17 | 1.64 | 1.56 |
Caledonia Mining Upcoming Company Events
As portrayed in its financial statements, the presentation of Caledonia Mining's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Caledonia Mining's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Caledonia Mining's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Caledonia Mining. Please utilize our Beneish M Score to check the likelihood of Caledonia Mining's management manipulating its earnings.
| 22nd of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with Caledonia Mining
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 Caledonia Mining Backtesting, Caledonia Mining Valuation, Caledonia Mining Correlation, Caledonia Mining Hype Analysis, Caledonia Mining Volatility, Caledonia Mining History and analyze Caledonia Mining Performance. For more information on how to buy Caledonia Stock please use our How to buy in Caledonia Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Caledonia Mining 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.