Yamana Gold Q4 Earnings Snapshot
| AUYDelisted Stock | USD 5.85 0.07 1.18% |
Slightly above 62% of Yamana Gold's investor base is looking to short. The analysis of current outlook of investing in Yamana Gold suggests that many traders are alarmed regarding Yamana Gold's prospects. Yamana Gold's investing sentiment can be driven by a variety of factors including economic data, Yamana Gold's earnings reports, geopolitical events, and overall market trends.
Yamana |
TORONTO TORONTO Yamana Gold Inc. on Wednesday reported a...
Read at houstonchronicle.com
 |
Yamana Gold Fundamental Analysis
We analyze Yamana Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Yamana Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Yamana 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.
Price To Earning
Price To Earning Comparative Analysis
Yamana Gold is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Yamana Gold Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Yamana Gold stock to make a market-neutral strategy. Peer analysis of Yamana Gold could also be used in its relative valuation, which is a method of valuing Yamana Gold by comparing valuation metrics with similar companies.
Peers
Yamana Gold Related Equities
| AEM | Agnico Eagle | 0.50 | ||||
| FNV | Franco Nevada | 1.02 | ||||
| AU | AngloGold Ashanti | 1.24 | ||||
| IAG | IAMGold | 1.27 | ||||
| EGO | Eldorado Gold | 1.31 | ||||
| WPM | Wheaton Precious | 1.36 | ||||
| KGC | Kinross Gold | 1.85 | ||||
| NEM | Newmont Goldcorp | 2.46 | ||||
| GFI | Gold Fields | 2.48 | ||||
| PAAS | Pan American | 2.87 | ||||
| HMY | Harmony Gold | 2.94 | ||||
| BTG | B2Gold Corp | 4.17 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Yamana Stock
If you are still planning to invest in Yamana Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Yamana Gold's history and understand the potential risks before investing.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |