NEWMONT MNG P Price on November 11, 2024
| 651639AM8 | 107.10 1.92 1.76% |
If you're considering investing in NEWMONT Bond, it is important to understand the factors that can impact its price. As of today, the current price of NEWMONT stands at 107.10, as last reported on the 1st of December, with the highest price reaching 107.10 and the lowest price hitting 107.10 during the day. NEWMONT MNG P has Sharpe Ratio of -0.056, which conveys that the entity had a -0.056% return per unit of standard deviation over the last 3 months. NEWMONT exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEWMONT's Risk Adjusted Performance of (0.02), mean deviation of 0.7806, and Market Risk Adjusted Performance of 2.15 to check out the risk estimate we provide.
NEWMONT Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
NEWMONT |
Sharpe Ratio = -0.056
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| Negative Returns | 651639AM8 |
Estimated Market Risk
| 1.0 actual daily | 8 92% of assets are more volatile |
Expected Return
| -0.06 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 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.
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NEWMONT Valuation on November 11, 2024
It is possible to determine the worth of NEWMONT on a given historical date. On November 11, 2024 NEWMONT was worth 108.24 at the beginning of the trading date compared to the closed value of 108.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEWMONT bond. 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 | |
| 108.29 | 108.29 | 108.29 | 108.29 | 1.00 | |
11/08/2024 | 108.24 | 108.24 | 108.24 | 108.24 | 1.00 |
| 106.91 | 106.91 | 106.91 | 106.91 | 1.00 |
| Backtest NEWMONT | | | NEWMONT History | | | NEWMONT Valuation | Previous | Next |
NEWMONT Trading Date Momentum on November 11, 2024
| On November 12 2024 NEWMONT MNG P was traded for 106.91 at the closing time. The highest price during the trading period was 106.91 and the lowest recorded bid was listed for 106.91 . There was no trading activity during the period 1.0. Lack of trading volume on November 12, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.23% . The trading delta at closing time to the current price is 0.21% . |
About NEWMONT Bond 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 MNG P 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 Bond Technical Analysis
NEWMONT technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
NEWMONT Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
NEWMONT MNG P cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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 1, 2024 Market Strength
Market strength indicators help investors to evaluate how NEWMONT bond 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 bond market strength indicators, traders can identify NEWMONT MNG P 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 Bond 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 | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 2.14 |
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Other Information on Investing in NEWMONT Bond
NEWMONT financial ratios help investors to determine whether NEWMONT Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NEWMONT with respect to the benefits of owning NEWMONT security.