Alamos Gold Stock Three Year Return
| AGI Stock | CAD 26.61 0.65 2.50% |
Alamos Gold fundamentals help investors to digest information that contributes to Alamos Gold's financial success or failures. It also enables traders to predict the movement of Alamos Stock. The fundamental analysis module provides a way to measure Alamos Gold's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alamos Gold stock.
Alamos | Three Year Return |
Alamos Gold Company Three Year Return Analysis
Alamos Gold's Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
More About Three Year Return | All Equity Analysis
Three Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Alamos Three Year Return Driver Correlations
Understanding the fundamental principles of building solid financial models for Alamos Gold is extremely important. It helps to project a fair market value of Alamos Stock properly, considering its historical fundamentals such as Three Year Return. Since Alamos Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Alamos Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Alamos Gold's interrelated accounts and indicators.
Click cells to compare fundamentals
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
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Alamos Return On Tangible Assets
Return On Tangible Assets |
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Based on the latest financial disclosure, Alamos Gold has a Three Year Return of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).
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Alamos Fundamentals
| Return On Equity | 0.0764 | ||||
| Return On Asset | 0.0572 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | 11.15 B | ||||
| Shares Outstanding | 420.15 M | ||||
| Shares Owned By Insiders | 0.26 % | ||||
| Shares Owned By Institutions | 70.02 % | ||||
| Number Of Shares Shorted | 2.66 M | ||||
| Price To Earning | 50.23 X | ||||
| Price To Book | 2.28 X | ||||
| Price To Sales | 9.12 X | ||||
| Revenue | 1.02 B | ||||
| Gross Profit | 385 M | ||||
| EBITDA | 486.4 M | ||||
| Net Income | 210 M | ||||
| Cash And Equivalents | 129.8 M | ||||
| Cash Per Share | 0.80 X | ||||
| Total Debt | 700 K | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 2.25 X | ||||
| Book Value Per Share | 8.35 X | ||||
| Cash Flow From Operations | 472.7 M | ||||
| Short Ratio | 3.31 X | ||||
| Earnings Per Share | 0.84 X | ||||
| Price To Earnings To Growth | (0.44) X | ||||
| Target Price | 26.18 | ||||
| Number Of Employees | 2.4 K | ||||
| Beta | 1.09 | ||||
| Market Capitalization | 11.18 B | ||||
| Total Asset | 4 B | ||||
| Retained Earnings | (876.8 M) | ||||
| Working Capital | 338.1 M | ||||
| Current Asset | 489.3 M | ||||
| Current Liabilities | 93.53 M | ||||
| Annual Yield | 0.01 % | ||||
| Five Year Return | 0.47 % | ||||
| Net Asset | 4 B | ||||
| Last Dividend Paid | 0.1 |
About Alamos Gold Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alamos Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alamos Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alamos Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Alamos Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alamos Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alamos Gold will appreciate offsetting losses from the drop in the long position's value.Moving together with Alamos Stock
Moving against Alamos Stock
The ability to find closely correlated positions to Alamos Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alamos Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alamos Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alamos Gold to buy it.
The correlation of Alamos Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alamos Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alamos Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alamos Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alamos Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Alamos Stock, please use our How to Invest in Alamos Gold guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.