Gold Royalty Corp Stock Alpha and Beta Analysis
| GROY Stock | USD 1.26 0.02 1.56% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gold Royalty Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gold Royalty over a specified time horizon. Remember, high Gold Royalty's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Gold Royalty's market risk premium analysis include:
Beta 0.025 | Alpha (0.11) | Risk 2.87 | Sharpe Ratio (0.02) | Expected Return (0.05) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Gold Royalty Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gold Royalty market risk premium is the additional return an investor will receive from holding Gold Royalty long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Gold Royalty. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Gold Royalty's performance over market.| α | -0.11 | β | 0.03 |
Gold Royalty expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Gold Royalty's Buy-and-hold return. Our buy-and-hold chart shows how Gold Royalty performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Gold Royalty Market Price Analysis
Market price analysis indicators help investors to evaluate how Gold Royalty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Royalty shares will generate the highest return on investment. By understating and applying Gold Royalty stock market price indicators, traders can identify Gold Royalty position entry and exit signals to maximize returns.
Gold Royalty Return and Market Media
The median price of Gold Royalty for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 1.36 with a coefficient of variation of 6.05. The daily time series for the period is distributed with a sample standard deviation of 0.08, arithmetic mean of 1.36, and mean deviation of 0.06. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Raymond James Analysts Boost Earnings Estimates for Gold Royalty Corp. | 09/27/2024 |
2 | Canadian Critical Minerals and Gold Royalty Financial Analysis | 10/08/2024 |
3 | Gold Royalty reports Q3 results | 10/23/2024 |
4 | Gold Royalty Corp Q3 2024 Earnings Report Preview What To Look For | 11/04/2024 |
5 | Gold Royalty Corp Q3 2024 Earnings Call Highlights Record Revenue Growth and Positive ... | 11/06/2024 |
6 | GROY - Gold Royalty Corp. Latest Stock News Market Updates - StockTitan | 11/11/2024 |
About Gold Royalty Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Gold or other stocks. Alpha measures the amount that position in Gold Royalty Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.007707 | 0.008863 | 0.011 | Price To Sales Ratio | 110.64 | 127.23 | 120.87 |
Gold Royalty Upcoming Company Events
As portrayed in its financial statements, the presentation of Gold Royalty's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gold Royalty's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Gold Royalty's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Gold Royalty. Please utilize our Beneish M Score to check the likelihood of Gold Royalty's management manipulating its earnings.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Gold Royalty
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Additional Tools for Gold Stock Analysis
When running Gold Royalty's price analysis, check to measure Gold Royalty'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 Gold Royalty is operating at the current time. Most of Gold Royalty's value examination focuses on studying past and present price action to predict the probability of Gold Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Royalty's price. Additionally, you may evaluate how the addition of Gold Royalty to your portfolios can decrease your overall portfolio volatility.