MCEWEN MINING (Germany) Performance
| US8 Stock | 8.10 0.05 0.62% |
The firm secures a Beta (Market Risk) of -0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MCEWEN MINING are expected to decrease at a much lower rate. During the bear market, MCEWEN MINING is likely to outperform the market. At this point, MCEWEN MINING INC has a negative expected return of -0.31%. Please make sure to verify MCEWEN MINING's treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if MCEWEN MINING INC performance from the past will be repeated in the future.
Risk-Adjusted Performance
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Over the last 90 days MCEWEN MINING INC has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in February 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
MCEWEN |
MCEWEN MINING Relative Risk vs. Return Landscape
If you would invest 1,010 in MCEWEN MINING INC on October 19, 2024 and sell it today you would lose (200.00) from holding MCEWEN MINING INC or give up 19.8% of portfolio value over 90 days. MCEWEN MINING INC is currently producing negative expected returns and takes up 3.4356% volatility of returns over 90 trading days. Put another way, 30% of traded stocks are less volatile than MCEWEN, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
MCEWEN MINING Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MCEWEN MINING's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MCEWEN MINING INC, and traders can use it to determine the average amount a MCEWEN MINING'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 = -0.0899
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| Negative Returns | US8 |
Estimated Market Risk
| 3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.31 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MCEWEN MINING 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 MCEWEN MINING by adding MCEWEN MINING to a well-diversified portfolio.
About MCEWEN MINING Performance
By analyzing MCEWEN MINING's fundamental ratios, stakeholders can gain valuable insights into MCEWEN MINING's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MCEWEN MINING 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 MCEWEN MINING has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about MCEWEN MINING INC performance evaluation
Checking the ongoing alerts about MCEWEN MINING for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MCEWEN MINING INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MCEWEN MINING INC generated a negative expected return over the last 90 days | |
| MCEWEN MINING INC has high historical volatility and very poor performance |
- Analyzing MCEWEN MINING'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 MCEWEN MINING's stock is overvalued or undervalued compared to its peers.
- Examining MCEWEN MINING'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 MCEWEN MINING's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MCEWEN MINING's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MCEWEN MINING's stock. These opinions can provide insight into MCEWEN MINING's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MCEWEN Stock analysis
When running MCEWEN MINING's price analysis, check to measure MCEWEN MINING'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 MCEWEN MINING is operating at the current time. Most of MCEWEN MINING's value examination focuses on studying past and present price action to predict the probability of MCEWEN MINING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MCEWEN MINING's price. Additionally, you may evaluate how the addition of MCEWEN MINING to your portfolios can decrease your overall portfolio volatility.
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