B2gold Corp Stock Market Value
| BTG Stock | USD 2.36 0.01 0.42% |
| Symbol | B2Gold |
B2Gold Corp Price To Book Ratio
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 B2Gold Corp. If investors know B2Gold 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 B2Gold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.16 | Earnings Share (0.56) | Revenue Per Share | Quarterly Revenue Growth (0.06) |
The market value of B2Gold Corp is measured differently than its book value, which is the value of B2Gold that is recorded on the company's balance sheet. Investors also form their own opinion of B2Gold Corp's value that differs from its market value or its book value, called intrinsic value, which is B2Gold Corp'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 B2Gold Corp's market value can be influenced by many factors that don't directly affect B2Gold Corp'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 B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp'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.
B2Gold Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to B2Gold Corp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of B2Gold Corp.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in B2Gold Corp on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding B2Gold Corp or generate 0.0% return on investment in B2Gold Corp over 90 days. B2Gold Corp is related to or competes with Sandstorm Gold, Kinross Gold, Alamos Gold, Fortuna Silver, and IAMGold. B2Gold Corp. operates as a gold producer with three operating mines in Mali, the Philippines, and Namibia More
B2Gold Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure B2Gold Corp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess B2Gold Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 10.31 | |||
| Value At Risk | (4.17) | |||
| Potential Upside | 3.04 |
B2Gold Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for B2Gold Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as B2Gold Corp's standard deviation. In reality, there are many statistical measures that can use B2Gold Corp historical prices to predict the future B2Gold Corp's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (2.73) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of B2Gold Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
B2Gold Corp Backtested Returns
B2Gold Corp secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22 % return per unit of risk over the last 3 months. B2Gold Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm B2Gold Corp's variance of 5.38, and Mean Deviation of 1.84 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, B2Gold Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding B2Gold Corp is expected to be smaller as well. At this point, B2Gold Corp has a negative expected return of -0.53%. Please make sure to confirm B2Gold Corp's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if B2Gold Corp performance from the past will be repeated sooner or later.
Auto-correlation | 0.45 |
Average predictability
B2Gold Corp has average predictability. Overlapping area represents the amount of predictability between B2Gold Corp time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of B2Gold Corp price movement. The serial correlation of 0.45 indicates that just about 45.0% of current B2Gold Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
B2Gold Corp lagged returns against current returns
Autocorrelation, which is B2Gold Corp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting B2Gold Corp's stock expected returns. We can calculate the autocorrelation of B2Gold Corp returns to help us make a trade decision. For example, suppose you find that B2Gold Corp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
B2Gold Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If B2Gold Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if B2Gold Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in B2Gold Corp stock over time.
Current vs Lagged Prices |
| Timeline |
B2Gold Corp Lagged Returns
When evaluating B2Gold Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of B2Gold Corp stock have on its future price. B2Gold Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, B2Gold Corp autocorrelation shows the relationship between B2Gold Corp stock current value and its past values and can show if there is a momentum factor associated with investing in B2Gold Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether B2Gold Corp is a strong investment it is important to analyze B2Gold Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact B2Gold Corp's future performance. For an informed investment choice regarding B2Gold Stock, refer to the following important reports:Check out B2Gold Corp Correlation, B2Gold Corp Volatility and B2Gold Corp Alpha and Beta module to complement your research on B2Gold Corp. For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
B2Gold Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.