A peak in Gold is now imminent TDS
| GOLD Stock | USD 17.59 0.02 0.11% |
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 |
The downturn in Gold prices underscored by sharp liquidations from macro funds lined up exceptionally well with historical patterns surrounding drawdowns associated with macro fund liquidations from extreme levels, averaging between 7-10 percent over the last decade, TDS Senior Commodity Strategist Daniel Ghali notes.
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Barrick Gold Corp Current Investor Sentiment
Panic Vs Confidence
38
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Barrick Gold's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Barrick Gold Corp.
News SentimentBearish | Hype SentimentBearish | Insider SentimentAcquiring |
Barrick Gold Corp Historical Investor Sentiment
Investor biases related to Barrick Gold's public news can be used to forecast risks associated with an investment in Barrick. The trend in average sentiment can be used to explain how an investor holding Barrick can time the market purely based on public headlines and social activities around Barrick Gold Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Barrick Gold's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Barrick Gold and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Barrick Gold news discussions. The higher the estimate score, the more favorable the investor's outlook on Barrick Gold.
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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Barrick Gold is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
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
| IAG | IAMGold | 2.04 | ||||
| AEM | Agnico Eagle | 1.53 | ||||
| PAAS | Pan American | 1.15 | ||||
| WPM | Wheaton Precious | 0.96 | ||||
| RGLD | Royal Gold | 0.41 | ||||
| NEM | Newmont Goldcorp | 0.24 | ||||
| FNV | Franco Nevada | 0.28 | ||||
| BTG | B2Gold Corp | 0.35 | ||||
| GFI | Gold Fields | 0.48 | ||||
| SAND | Sandstorm Gold | 0.69 | ||||
| KGC | Kinross Gold | 0.92 |
Complementary Tools for Barrick Stock analysis
When running Barrick Gold's price analysis, check to measure Barrick Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barrick Gold is operating at the current time. Most of Barrick Gold's value examination focuses on studying past and present price action to predict the probability of Barrick Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrick Gold's price. Additionally, you may evaluate how the addition of Barrick Gold to your portfolios can decrease your overall portfolio volatility.
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