Barrick Gold (Germany) Performance
| ABR Stock | EUR 16.68 0.08 0.48% |
The firm shows a Beta (market volatility) of -0.0346, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Barrick Gold are expected to decrease at a much lower rate. During the bear market, Barrick Gold is likely to outperform the market. At this point, Barrick Gold has a negative expected return of -0.11%. Please make sure to confirm Barrick Gold's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Barrick Gold performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Barrick Gold has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 5.3 B |
Barrick |
Barrick Gold Relative Risk vs. Return Landscape
If you would invest 1,807 in Barrick Gold on August 31, 2024 and sell it today you would lose (139.00) from holding Barrick Gold or give up 7.69% of portfolio value over 90 days. Barrick Gold is currently producing negative expected returns and takes up 1.9039% volatility of returns over 90 trading days. Put another way, 16% of traded stocks are less volatile than Barrick, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Barrick Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barrick Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Barrick Gold, and traders can use it to determine the average amount a Barrick Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0563
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| Negative Returns | ABR |
Estimated Market Risk
| 1.9 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Barrick Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Barrick Gold by adding Barrick Gold to a well-diversified portfolio.
Barrick Gold Fundamentals Growth
Barrick Stock prices reflect investors' perceptions of the future prospects and financial health of Barrick Gold, and Barrick Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Barrick Stock performance.
| Return On Equity | 0.032 | |||
| Return On Asset | 0.0471 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.32 % | |||
| Current Valuation | 27.67 B | |||
| Shares Outstanding | 1.76 B | |||
| Price To Earning | 11.37 X | |||
| Price To Book | 1.25 X | |||
| Price To Sales | 2.39 X | |||
| Revenue | 11.01 B | |||
| EBITDA | 4.02 B | |||
| Cash And Equivalents | 2.15 B | |||
| Cash Per Share | 1.23 X | |||
| Total Debt | 5.15 B | |||
| Debt To Equity | 31.70 % | |||
| Book Value Per Share | 12.97 X | |||
| Cash Flow From Operations | 3.48 B | |||
| Earnings Per Share | 0.23 X | |||
| Total Asset | 45.97 B | |||
About Barrick Gold Performance
By analyzing Barrick Gold's fundamental ratios, stakeholders can gain valuable insights into Barrick Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Barrick Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Barrick Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Barrick Gold Corporation explores for and develops mineral properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. BARRICK GOLD operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 17500 people.Things to note about Barrick Gold performance evaluation
Checking the ongoing alerts about Barrick Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Barrick Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Barrick Gold generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Barrick Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Barrick Gold's stock is overvalued or undervalued compared to its peers.
- Examining Barrick Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Barrick Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Barrick Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Barrick Gold's stock. These opinions can provide insight into Barrick Gold's potential for growth and whether the stock is currently undervalued or overvalued.
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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