Newmont (Brazil) Price on March 27, 2024
N1EM34 Stock | BRL 250.85 4.52 1.77% |
If you're considering investing in Newmont Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newmont stands at 250.85, as last reported on the 11th of December 2024, with the highest price reaching 256.25 and the lowest price hitting 250.30 during the day. Newmont has Sharpe Ratio of -0.05, which conveys that the firm had a -0.05% return per unit of risk over the last 3 months. Newmont exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newmont's Mean Deviation of 2.21, standard deviation of 3.87, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
Newmont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Newmont |
Sharpe Ratio = -0.05
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Estimated Market Risk
3.89 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newmont 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 Newmont by adding Newmont to a well-diversified portfolio.
Newmont Valuation on March 27, 2024
It is possible to determine the worth of Newmont on a given historical date. On March 27, 2024 Newmont was worth 169.63 at the beginning of the trading date compared to the closed value of 173.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newmont stock. Still, in general, we apply an absolute valuation method to find Newmont'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 Newmont where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newmont's related companies.
Open | High | Low | Close | Volume | |
171.00 | 171.08 | 167.80 | 168.62 | 136.00 | |
03/27/2024 | 169.63 | 173.06 | 169.63 | 173.06 | 773.00 |
176.05 | 179.11 | 174.98 | 178.91 | 147.00 |
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Newmont Trading Date Momentum on March 27, 2024
On March 28 2024 Newmont was traded for 178.91 at the closing time. The highest price during the trading period was 179.11 and the lowest recorded bid was listed for 174.98 . The volume for the day was 147. This history from March 28, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 3.38% . The trading delta at closing time to the current price is 15.36% . |
Newmont Fundamentals Correlations and Trends
By evaluating Newmont'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 Newmont's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newmont financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newmont Stock history
Newmont 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 Newmont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newmont 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 Newmont stock prices may prove useful in developing a viable investing in Newmont
Newmont Corporation engages in the production and exploration of gold. The company was founded in 1916 and is headquartered in Denver, Colorado. NEWMONT GOLDDRN operates under Gold classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 14300 people.
Newmont Stock Technical Analysis
Newmont 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
Newmont Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Newmont cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Newmont December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Newmont 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 shares will generate the highest return on investment. By undertsting and applying Newmont stock market strength indicators, traders can identify Newmont entry and exit signals to maximize returns
Newmont Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newmont's price direction in advance. Along with the technical and fundamental analysis of Newmont Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newmont 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 | (0.01) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.72) | |||
Treynor Ratio | (0.09) |
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Complementary Tools for Newmont Stock analysis
When running Newmont's price analysis, check to measure Newmont'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 Newmont is operating at the current time. Most of Newmont's value examination focuses on studying past and present price action to predict the probability of Newmont's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont's price. Additionally, you may evaluate how the addition of Newmont to your portfolios can decrease your overall portfolio volatility.
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