Newmont Goldcorp Corp Stock Performance
| NEM Stock | USD 43.32 0.33 0.77% |
The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Newmont Goldcorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Newmont Goldcorp is expected to be smaller as well. At this point, Newmont Goldcorp Corp has a negative expected return of -0.25%. Please make sure to verify Newmont Goldcorp's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Newmont Goldcorp Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Newmont Goldcorp Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's technical and fundamental indicators remain very healthy which may send shares a bit higher in December 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Actual Historical Performance (%)
One Day Return 0.0923 | Five Day Return 5.63 | Year To Date Return 5.99 | Ten Year Return 126.19 | All Time Return 320.97 |
Forward Dividend Yield 0.0233 | Payout Ratio 0.3876 | Last Split Factor 5:4 | Forward Dividend Rate 1 | Dividend Date 2024-12-23 |
1 | Acquisition by Dean Gehring of 9903 shares of Newmont Goldcorp subject to Rule 16b-3 | 09/20/2024 |
| Newmont Goldcorp dividend paid on 30th of September 2024 | 09/30/2024 |
2 | Newmont Corp Trading Down 3.38 percent on Oct 31 | 10/31/2024 |
3 | Newmont Corp Stock Price Down 3.98 percent on Nov 6 | 11/06/2024 |
4 | Newmont Corporation A Disappointing Quarter | 11/14/2024 |
5 | Newmont Loses -28 percent in 4 Weeks, Heres Why a Trend Reversal May be Around the Corner | 11/15/2024 |
6 | Newmont bids farewell to Musselwhite | 11/18/2024 |
7 | Barrick Gold Trading 2 percent Higher Heres Why | 11/19/2024 |
8 | Royal Gold, Inc. A Top Silver Mining Stock to Buy Right Now | 11/20/2024 |
| Begin Period Cash Flow | 2.9 B |
Newmont |
Newmont Goldcorp Relative Risk vs. Return Landscape
If you would invest 5,201 in Newmont Goldcorp Corp on August 24, 2024 and sell it today you would lose (869.00) from holding Newmont Goldcorp Corp or give up 16.71% of portfolio value over 90 days. Newmont Goldcorp Corp is generating negative expected returns assuming volatility of 2.5196% on return distribution over 90 days investment horizon. In other words, 22% of stocks are less volatile than Newmont, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Newmont Goldcorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newmont Goldcorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newmont Goldcorp Corp, and traders can use it to determine the average amount a Newmont Goldcorp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1001
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| Negative Returns | NEM |
Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newmont Goldcorp 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 Goldcorp by adding Newmont Goldcorp to a well-diversified portfolio.
Newmont Goldcorp Fundamentals Growth
Newmont Stock prices reflect investors' perceptions of the future prospects and financial health of Newmont Goldcorp, and Newmont Goldcorp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Newmont Stock performance.
| Return On Equity | -0.0516 | ||||
| Return On Asset | 0.0413 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 54.98 B | ||||
| Shares Outstanding | 1.14 B | ||||
| Price To Earning | 37.91 X | ||||
| Price To Book | 1.65 X | ||||
| Price To Sales | 2.90 X | ||||
| Revenue | 11.81 B | ||||
| Gross Profit | 4.53 B | ||||
| EBITDA | (166 M) | ||||
| Net Income | (2.52 B) | ||||
| Cash And Equivalents | 2.88 B | ||||
| Cash Per Share | 4.80 X | ||||
| Total Debt | 9.44 B | ||||
| Debt To Equity | 0.29 % | ||||
| Current Ratio | 2.72 X | ||||
| Book Value Per Share | 25.97 X | ||||
| Cash Flow From Operations | 2.76 B | ||||
| Earnings Per Share | (2.19) X | ||||
| Market Capitalization | 49.32 B | ||||
| Total Asset | 55.51 B | ||||
| Retained Earnings | (3 B) | ||||
| Working Capital | 1.51 B | ||||
| Current Asset | 4.98 B | ||||
| Current Liabilities | 1.42 B | ||||
About Newmont Goldcorp Performance
By examining Newmont Goldcorp's fundamental ratios, stakeholders can obtain critical insights into Newmont Goldcorp's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Newmont Goldcorp is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 90.93 | 115.30 | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | (0.05) | (0.04) | |
| Return On Equity | (0.09) | (0.08) |
Things to note about Newmont Goldcorp Corp performance evaluation
Checking the ongoing alerts about Newmont Goldcorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newmont Goldcorp Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newmont Goldcorp generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 11.81 B. Reported Net Loss for the year was (2.52 B) with profit before taxes, overhead, and interest of 4.53 B. | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Newmont Goldcorp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Royal Gold, Inc. A Top Silver Mining Stock to Buy Right Now |
- Analyzing Newmont Goldcorp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Newmont Goldcorp's stock is overvalued or undervalued compared to its peers.
- Examining Newmont Goldcorp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Newmont Goldcorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newmont Goldcorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newmont Goldcorp's stock. These opinions can provide insight into Newmont Goldcorp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.039 | Dividend Share 1 | Earnings Share (2.19) | Revenue Per Share 15.331 | Quarterly Revenue Growth 0.847 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.