Newmont Goldcorp Corp Stock Alpha and Beta Analysis
| NEM Stock | USD 43.09 1.50 3.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Newmont Goldcorp Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Newmont Goldcorp over a specified time horizon. Remember, high Newmont Goldcorp'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 Newmont Goldcorp's market risk premium analysis include:
Beta 0.67 | Alpha (0.51) | Risk 1.9 | Sharpe Ratio (0.03) | Expected Return (0.05) |
Newmont Goldcorp Quarterly Cash And Equivalents |
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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.
Newmont |
Newmont Goldcorp Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Newmont Goldcorp market risk premium is the additional return an investor will receive from holding Newmont Goldcorp 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 Newmont Goldcorp. 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 Newmont Goldcorp's performance over market.| α | -0.51 | β | 0.67 |
Newmont Goldcorp 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 Newmont Goldcorp's Buy-and-hold return. Our buy-and-hold chart shows how Newmont Goldcorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Newmont Goldcorp Market Price Analysis
Market price analysis indicators help investors to evaluate how Newmont Goldcorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newmont Goldcorp shares will generate the highest return on investment. By understating and applying Newmont Goldcorp stock market price indicators, traders can identify Newmont Goldcorp position entry and exit signals to maximize returns.
Newmont Goldcorp Return and Market Media
The median price of Newmont Goldcorp for the period between Fri, Nov 1, 2024 and Thu, Jan 30, 2025 is 41.57 with a coefficient of variation of 8.17. The daily time series for the period is distributed with a sample standard deviation of 3.41, arithmetic mean of 41.81, and mean deviation of 2.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Zephyr Appoints Brian Arkell to Board of Directors | 12/18/2024 |
| Newmont Goldcorp dividend paid on 23rd of December 2024 | 12/23/2024 |
2 | Is Newmont a Buy as Wall Street Analysts Look Optimistic | 12/26/2024 |
3 | Is Trending Stock Newmont Corporation a Buy Now | 01/07/2025 |
4 | Fuerte Metals Geophysical Survey Confirms Two Significant Porphyry Cu-Au Targets at its Placeton Project, Chile | 01/13/2025 |
5 | Disposition of 9000 shares by Viljoen Natascha of Newmont Goldcorp at 40.0 subject to Rule 16b-3 | 01/14/2025 |
6 | Newmont started with Buy at Goldman Sachs on strong EBITDA growth outlook | 01/15/2025 |
7 | Scottie Resources Intercepts 59.2 gt Gold over 2.50 m and 35.2 gt Gold over 2.00 m at Blueberry Contact Zone | 01/16/2025 |
8 | Japan Gold Appoints Cailey Barker to Advisory Board | 01/17/2025 |
9 | Orla Shareholders Approve Acquisition of Musselwhite Mine | 01/21/2025 |
About Newmont Goldcorp 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 Newmont or other stocks. Alpha measures the amount that position in Newmont Goldcorp Corp 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.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0466 | 0.0407 | 0.0366 | 0.0384 | Price To Sales Ratio | 3.15 | 2.95 | 3.39 | 4.02 |
Newmont Goldcorp Upcoming Company Events
As portrayed in its financial statements, the presentation of Newmont Goldcorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Newmont Goldcorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Newmont Goldcorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Newmont Goldcorp. Please utilize our Beneish M Score to check the likelihood of Newmont Goldcorp's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 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 Newmont Goldcorp
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Check out Newmont Goldcorp Backtesting, Newmont Goldcorp Valuation, Newmont Goldcorp Correlation, Newmont Goldcorp Hype Analysis, Newmont Goldcorp Volatility, Newmont Goldcorp History and analyze Newmont Goldcorp Performance. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Newmont Goldcorp 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.