The Countercyclicality Of Gold Mining Stocks - Seeking Alpha
GOLD Stock | CAD 1.25 0.06 5.04% |
About 55% of GoldMining's investors are presently thinking to get in. The current sentiment regarding investing in GoldMining stock implies that some traders are interested. GoldMining's investing sentiment overview a quick insight into current market opportunities from investing in GoldMining. Many technical investors use GoldMining stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
GoldMining |
The Countercyclicality Of Gold Mining Stocks Seeking Alpha
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GoldMining Fundamental Analysis
We analyze GoldMining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GoldMining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GoldMining 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.
Net Income
Net Income Comparative Analysis
GoldMining is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
GoldMining 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 GoldMining stock to make a market-neutral strategy. Peer analysis of GoldMining could also be used in its relative valuation, which is a method of valuing GoldMining by comparing valuation metrics with similar companies.
Peers
GoldMining Related Equities
ERE-UN | European Residential | 3.27 | ||||
ALA-PA | Altagas Cum | 0.77 | ||||
MARI | Marimaca Copper | 0.62 | ||||
XEG | IShares SPTSX | 0.62 | ||||
RUDB | RBC Discount | 0.60 | ||||
FIL | Filo Mining | 0.16 | ||||
XHB | IShares Canadian | 0.20 | ||||
ASCU | Arizona Sonoran | 0.69 |
Check out GoldMining Hype Analysis, GoldMining Correlation and GoldMining Performance. To learn how to invest in GoldMining Stock, please use our How to Invest in GoldMining guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.