Acquisition by Dean Gehring of 9903 shares of Newmont Goldcorp subject to Rule 16b-3
NEM Stock | USD 41.59 0.24 0.58% |
About 52% of Newmont Goldcorp's investor base is interested to short. The current sentiment regarding investing in Newmont Goldcorp Corp stock implies that many traders are impartial. Newmont Goldcorp's investing sentiment overview a quick insight into current market opportunities from investing in Newmont Goldcorp Corp. Many technical investors use Newmont Goldcorp Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Newmont |
Filed transaction by Newmont Goldcorp Corp Officer Evp, Chief Dev Officer-peru. Grant, award or other acquisition pursuant to Rule 16b-3
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Newmont Goldcorp Fundamental Analysis
We analyze Newmont Goldcorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Newmont Goldcorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Newmont Goldcorp 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Newmont Goldcorp is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Newmont Goldcorp 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 Newmont Goldcorp stock to make a market-neutral strategy. Peer analysis of Newmont Goldcorp could also be used in its relative valuation, which is a method of valuing Newmont Goldcorp by comparing valuation metrics with similar companies.
Peers
Newmont Goldcorp Related Equities
PAAS | Pan American | 6.78 | ||||
IAG | IAMGold | 4.83 | ||||
GFI | Gold Fields | 4.16 | ||||
FNV | Franco Nevada | 3.94 | ||||
KGC | Kinross Gold | 3.33 | ||||
RGLD | Royal Gold | 2.82 | ||||
SAND | Sandstorm Gold | 0.52 | ||||
AEM | Agnico Eagle | 0.16 | ||||
WPM | Wheaton Precious | 0.12 | ||||
BTG | B2Gold Corp | 0.42 |
Check out Newmont Goldcorp Hype Analysis, Newmont Goldcorp Correlation and Newmont Goldcorp Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.