Coeur Mining Stock Market Value
| CDE Stock | USD 6.57 0.06 0.90% |
| Symbol | Coeur |
Coeur Mining 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 Coeur Mining. If investors know Coeur 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 Coeur Mining 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 2.443 | Earnings Share (0.01) | Revenue Per Share 2.602 | Quarterly Revenue Growth 0.611 | Return On Assets 0.0253 |
The market value of Coeur Mining is measured differently than its book value, which is the value of Coeur that is recorded on the company's balance sheet. Investors also form their own opinion of Coeur Mining's value that differs from its market value or its book value, called intrinsic value, which is Coeur Mining'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 Coeur Mining's market value can be influenced by many factors that don't directly affect Coeur Mining'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 Coeur Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coeur Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coeur Mining'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.
Coeur Mining '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 Coeur Mining'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 Coeur Mining.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Coeur Mining on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Coeur Mining or generate 0.0% return on investment in Coeur Mining over 30 days. Coeur Mining is related to or competes with Gold Fields, Barrick Gold, Pan American, Royal Gold, Sandstorm Gold, and Osisko Gold. Coeur Mining, Inc. explores for precious metals in the United States, Canada, and Mexico More
Coeur Mining 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 Coeur Mining'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 Coeur Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.92 | |||
| Information Ratio | 3.0E-4 | |||
| Maximum Drawdown | 28.59 | |||
| Value At Risk | (5.06) | |||
| Potential Upside | 9.37 |
Coeur Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coeur Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coeur Mining's standard deviation. In reality, there are many statistical measures that can use Coeur Mining historical prices to predict the future Coeur Mining's volatility.| Risk Adjusted Performance | 0.0269 | |||
| Jensen Alpha | 0.0129 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 4.0E-4 | |||
| Treynor Ratio | 0.114 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coeur Mining'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.
Coeur Mining Backtested Returns
At this point, Coeur Mining is relatively risky. Coeur Mining secures Sharpe Ratio (or Efficiency) of 0.034, which signifies that the company had a 0.034% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Coeur Mining, which you can use to evaluate the volatility of the firm. Please confirm Coeur Mining's risk adjusted performance of 0.0269, and Mean Deviation of 3.03 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Coeur Mining has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.89, which signifies possible diversification benefits within a given portfolio. Coeur Mining returns are very sensitive to returns on the market. As the market goes up or down, Coeur Mining is expected to follow. Coeur Mining right now shows a risk of 4.61%. Please confirm Coeur Mining jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if Coeur Mining will be following its price patterns.
Auto-correlation | -0.32 |
Poor reverse predictability
Coeur Mining has poor reverse predictability. Overlapping area represents the amount of predictability between Coeur Mining time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Coeur Mining price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Coeur Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Coeur Mining lagged returns against current returns
Autocorrelation, which is Coeur Mining 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 Coeur Mining's stock expected returns. We can calculate the autocorrelation of Coeur Mining returns to help us make a trade decision. For example, suppose you find that Coeur Mining 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 |
Coeur Mining 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 Coeur Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coeur Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coeur Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Coeur Mining Lagged Returns
When evaluating Coeur Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coeur Mining stock have on its future price. Coeur Mining 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, Coeur Mining autocorrelation shows the relationship between Coeur Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Coeur Mining.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Coeur Mining is a strong investment it is important to analyze Coeur Mining'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 Coeur Mining's future performance. For an informed investment choice regarding Coeur Stock, refer to the following important reports:Check out Coeur Mining Correlation, Coeur Mining Volatility and Coeur Mining Alpha and Beta module to complement your research on Coeur Mining. For information on how to trade Coeur Stock refer to our How to Trade Coeur Stock guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Coeur Mining 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.