Barrick Gold (Germany) Price on November 4, 2024
ABR Stock | EUR 16.68 0.08 0.48% |
If you're considering investing in Barrick Stock, it is important to understand the factors that can impact its price. As of today, the current price of Barrick Gold stands at 16.68, as last reported on the 29th of November, with the highest price reaching 16.77 and the lowest price hitting 16.61 during the day. Barrick Gold secures Sharpe Ratio (or Efficiency) of -0.0563, which signifies that the company had a -0.0563% return per unit of risk over the last 3 months. Barrick Gold exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Barrick Gold's Mean Deviation of 1.53, standard deviation of 1.88, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Barrick Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Barrick |
Sharpe Ratio = -0.0563
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Estimated Market Risk
1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Barrick Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Barrick Gold by adding Barrick Gold to a well-diversified portfolio.
Barrick Gold Valuation on November 4, 2024
It is possible to determine the worth of Barrick Gold on a given historical date. On November 4, 2024 Barrick was worth 17.58 at the beginning of the trading date compared to the closed value of 17.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Barrick Gold stock. Still, in general, we apply an absolute valuation method to find Barrick Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Barrick Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Barrick Gold's related companies.
Open | High | Low | Close | Volume | |
17.74 | 17.96 | 17.65 | 17.65 | 6,558 | |
11/04/2024 | 17.58 | 17.60 | 17.31 | 17.36 | 1.00 |
17.33 | 17.42 | 17.20 | 17.20 | 1.00 |
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Barrick Gold Trading Date Momentum on November 4, 2024
On November 05 2024 Barrick Gold was traded for 17.20 at the closing time. The highest daily price throughout the period was 17.42 and the lowest price was 17.20 . There was no trading activity during the period 1.0. Lack of trading volume on 11/05/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.92% . The overall trading delta to current closing price is 7.55% . |
Barrick Gold Fundamentals Correlations and Trends
By evaluating Barrick Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Barrick Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Barrick financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Barrick Gold Stock history
Barrick Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Barrick is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Barrick Gold will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Barrick Gold stock prices may prove useful in developing a viable investing in Barrick Gold
Barrick Gold Corporation explores for and develops mineral properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. BARRICK GOLD operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 17500 people.
Barrick Gold Stock Technical Analysis
Barrick Gold 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.
Price Boundaries
Barrick Gold Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Barrick Gold cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Barrick Gold November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Barrick Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Barrick Gold shares will generate the highest return on investment. By undertsting and applying Barrick Gold stock market strength indicators, traders can identify Barrick Gold entry and exit signals to maximize returns
Barrick Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Barrick Gold's price direction in advance. Along with the technical and fundamental analysis of Barrick Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Barrick to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.04) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | 3.82 |
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Volume Indicators |
Complementary Tools for Barrick Stock analysis
When running Barrick Gold's price analysis, check to measure Barrick Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barrick Gold is operating at the current time. Most of Barrick Gold's value examination focuses on studying past and present price action to predict the probability of Barrick Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrick Gold's price. Additionally, you may evaluate how the addition of Barrick Gold to your portfolios can decrease your overall portfolio volatility.
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