Gold Resource Stock Alpha and Beta Analysis
| GORO Stock | USD 0.17 0.02 13.33% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gold Resource. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gold Resource over a specified time horizon. Remember, high Gold Resource'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 Gold Resource's market risk premium analysis include:
Beta 2.27 | Alpha (1.15) | Risk 10.42 | Sharpe Ratio (0.05) | Expected Return (0.55) |
Enterprise Value |
|
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.
Gold |
Gold Resource Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gold Resource market risk premium is the additional return an investor will receive from holding Gold Resource 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 Gold Resource. 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 Gold Resource's performance over market.| α | -1.15 | β | 2.27 |
Gold Resource 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 Gold Resource's Buy-and-hold return. Our buy-and-hold chart shows how Gold Resource performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Gold Resource Market Price Analysis
Market price analysis indicators help investors to evaluate how Gold Resource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Resource shares will generate the highest return on investment. By understating and applying Gold Resource stock market price indicators, traders can identify Gold Resource position entry and exit signals to maximize returns.
Gold Resource Return and Market Media
The median price of Gold Resource for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 0.34 with a coefficient of variation of 38.43. The daily time series for the period is distributed with a sample standard deviation of 0.11, arithmetic mean of 0.29, and mean deviation of 0.1. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Gold is at an all-time high, resource stocks are jumping, so when does the market start to notice - Kitco NEWS | 09/13/2024 |
2 | Insider Trading | 09/16/2024 |
3 | Torex Gold Resources Inc.s Stock Has Seen Strong Momentum Does That Call For Deeper Study Of Its Financial Prospects - Yahoo Finance | 09/19/2024 |
4 | Acquisition by Kimberly Perry of 41666 shares of Gold Resource at 1.95 subject to Rule 16b-3 | 09/27/2024 |
5 | Acquisition by Little Ronald of 41643 shares of Gold Resource subject to Rule 16b-3 | 09/30/2024 |
6 | Acquisition by Palmiere Allen J of 131800 shares of Gold Resource subject to Rule 16b-3 | 10/04/2024 |
7 | Gold Resource Corporation Announces Preliminary Third Quarter and Year-to-Date Results | 10/23/2024 |
8 | Acquisition by Chet Holyoak of 101225 shares of Gold Resource subject to Rule 16b-3 | 11/01/2024 |
9 | Gold Resource Q3 Earnings Snapshot | 11/05/2024 |
10 | Gold Resource earnings missed by 0.06, revenue fell short of estimates | 11/06/2024 |
11 | Prony Resources gears up for nickel production restart at Goro mine | 11/19/2024 |
About Gold Resource 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 Gold or other stocks. Alpha measures the amount that position in Gold Resource 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 | 0.0287 | 0.0301 | 0.0318 | Price To Sales Ratio | 0.94 | 0.34 | 0.32 |
Gold Resource Upcoming Company Events
As portrayed in its financial statements, the presentation of Gold Resource's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gold Resource's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Gold Resource's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Gold Resource. Please utilize our Beneish M Score to check the likelihood of Gold Resource's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Gold Resource
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 Gold Resource Backtesting, Gold Resource Valuation, Gold Resource Correlation, Gold Resource Hype Analysis, Gold Resource Volatility, Gold Resource History and analyze Gold Resource Performance. To learn how to invest in Gold Stock, please use our How to Invest in Gold Resource guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Gold Resource 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.