Gold Fields Ltd Stock Market Value
| GFI Stock | USD 15.07 0.13 0.87% |
| Symbol | Gold |
Gold Fields 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 Gold Fields. If investors know Gold 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 Gold Fields 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 (0.15) | Dividend Share 0.399 | Earnings Share 0.71 | Revenue Per Share 2.437 | Quarterly Revenue Growth (0.06) |
The market value of Gold Fields is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Fields' value that differs from its market value or its book value, called intrinsic value, which is Gold Fields' 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 Gold Fields' market value can be influenced by many factors that don't directly affect Gold Fields' 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 Gold Fields' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Fields is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Fields' 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.
Gold Fields '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 Gold Fields' 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 Gold Fields.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Gold Fields on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Gold Fields Ltd or generate 0.0% return on investment in Gold Fields over 30 days. Gold Fields is related to or competes with Agnico Eagle, Pan American, Kinross Gold, B2Gold Corp, and Royal Gold. Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, ... More
Gold Fields 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 Gold Fields' 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 Gold Fields Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.93 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 4.52 |
Gold Fields Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gold Fields' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gold Fields' standard deviation. In reality, there are many statistical measures that can use Gold Fields historical prices to predict the future Gold Fields' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 1.25 |
Gold Fields Backtested Returns
Gold Fields is not too volatile at the moment. Gold Fields holds Efficiency (Sharpe) Ratio of 0.0419, which attests that the entity had a 0.0419% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Gold Fields, which you can use to evaluate the volatility of the firm. Please check out Gold Fields' Market Risk Adjusted Performance of 1.26, standard deviation of 2.96, and Risk Adjusted Performance of (0.03) to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Gold Fields has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Gold Fields are expected to decrease at a much lower rate. During the bear market, Gold Fields is likely to outperform the market. Gold Fields right now retains a risk of 2.74%. Please check out Gold Fields treynor ratio, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Gold Fields will be following its current trending patterns.
Auto-correlation | 0.45 |
Average predictability
Gold Fields Ltd has average predictability. Overlapping area represents the amount of predictability between Gold Fields time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st 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 Gold Fields price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Gold Fields price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Gold Fields lagged returns against current returns
Autocorrelation, which is Gold Fields 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 Gold Fields' stock expected returns. We can calculate the autocorrelation of Gold Fields returns to help us make a trade decision. For example, suppose you find that Gold Fields 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 |
Gold Fields 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 Gold Fields stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gold Fields stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gold Fields stock over time.
Current vs Lagged Prices |
| Timeline |
Gold Fields Lagged Returns
When evaluating Gold Fields' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gold Fields stock have on its future price. Gold Fields 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, Gold Fields autocorrelation shows the relationship between Gold Fields stock current value and its past values and can show if there is a momentum factor associated with investing in Gold Fields Ltd.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Gold Fields offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gold Fields' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gold Fields Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gold Fields Ltd Stock:Check out Gold Fields Correlation, Gold Fields Volatility and Gold Fields Alpha and Beta module to complement your research on Gold Fields. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Gold Fields 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.