Gold price surge on risk aversion and overcome strong USD
| GOLDDelisted Stock | USD 18.86 0.54 2.78% |
About 62% of Barrick Gold's investor base is looking to short. The current sentiment regarding investing in Barrick Gold Corp stock implies that many traders are alarmed. The current market sentiment, together with Barrick Gold's historical and current headlines, can help investors time the market. In addition, many technical investors use Barrick Gold Corp stock news signals to limit their universe of possible portfolio assets.
Barrick |
Gold price climbs extending its gains for the third straight day, shrugs off a buoyant US Dollar as risk aversion boosts safe-haven assets.
Read at fxstreet.com
 |
Barrick Gold Fundamental Analysis
We analyze Barrick Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barrick Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barrick 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.
Current Asset
Current Asset Comparative Analysis
Barrick Gold is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Barrick Gold Corp 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 Barrick Gold stock to make a market-neutral strategy. Peer analysis of Barrick Gold could also be used in its relative valuation, which is a method of valuing Barrick Gold by comparing valuation metrics with similar companies.
Peers
Barrick Gold Related Equities
| SAND | Sandstorm Gold | 3.28 | ||||
| RGLD | Royal Gold | 3.18 | ||||
| PAAS | Pan American | 2.37 | ||||
| IAG | IAMGold | 1.11 | ||||
| KGC | Kinross Gold | 0.44 | ||||
| BTG | B2Gold Corp | 0.34 | ||||
| WPM | Wheaton Precious | 0.86 | ||||
| GFI | Gold Fields | 0.94 | ||||
| FNV | Franco Nevada | 1.35 | ||||
| NEM | Newmont Goldcorp | 2.07 | ||||
| AEM | Agnico Eagle | 9.26 |
Check out Barrick Gold Hype Analysis, Barrick Gold Correlation and Barrick Gold Performance. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Other Consideration for investing in Barrick Stock
If you are still planning to invest in Barrick Gold Corp 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 Barrick Gold's history and understand the potential risks before investing.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |