Agnico Eagle Mines Stock Alpha and Beta Analysis
| AEM Stock | USD 62.26 1.58 2.47% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Agnico Eagle Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Agnico Eagle over a specified time horizon. Remember, high Agnico Eagle'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 Agnico Eagle's market risk premium analysis include:
Beta 1.3 | Alpha 0.32 | Risk 1.81 | Sharpe Ratio 0.23 | Expected Return 0.42 |
Agnico Eagle Quarterly Cash And Equivalents |
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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.
Agnico |
Agnico Eagle Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Agnico Eagle market risk premium is the additional return an investor will receive from holding Agnico Eagle 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 Agnico Eagle. 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 Agnico Eagle's performance over market.| α | 0.32 | β | 1.30 |
Agnico Eagle 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 Agnico Eagle's Buy-and-hold return. Our buy-and-hold chart shows how Agnico Eagle performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Agnico Eagle Market Price Analysis
Market price analysis indicators help investors to evaluate how Agnico Eagle stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agnico Eagle shares will generate the highest return on investment. By understating and applying Agnico Eagle stock market price indicators, traders can identify Agnico Eagle position entry and exit signals to maximize returns.
Agnico Eagle Return and Market Media
The median price of Agnico Eagle for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 52.77 with a coefficient of variation of 10.86. The daily time series for the period is distributed with a sample standard deviation of 5.79, arithmetic mean of 53.3, and mean deviation of 5.15. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | CORRECTION BY SOURCE Falcon Receives Drill Permit Approval at Great Burnt Copper Project Adjacent to Benton, Central Newfoundland | 03/04/2024 |
2 | Cartier cuts 13.2 gt Au over 2.3 m in the VG Zone of the Chimo Mine Project | 03/12/2024 |
| Agnico Eagle dividend paid on 15th of March 2024 | 03/15/2024 |
3 | Check Out What Whales Are Doing With AEM | 04/01/2024 |
4 | Bank of America ratchets up gold and copper forecasts, gives the best stocks to play the trend | 04/09/2024 |
5 | These 4 Measures Indicate That Agnico Eagle Mines Is Using Debt Reasonably Well | 04/11/2024 |
6 | Canada Nickel Ramps Up Ontarios Crawford Project We Are Confidently Moving Into This Next Phase | 04/12/2024 |
7 | Decoding Agnico Eagle Miness Options Activity Whats the Big Picture | 04/15/2024 |
8 | PPG Industries to Post Q1 Earnings Whats in the Offing | 04/16/2024 |
9 | Cleveland-Cliffs to Report Q1 Earnings Whats in Store | 04/17/2024 |
10 | Agnico Eagle Mines Gains As Market Dips What You Should Know | 04/18/2024 |
11 | Agnico Eagle Mines Rises As Market Takes a Dip Key Facts | 04/19/2024 |
About Agnico Eagle 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 Agnico or other stocks. Alpha measures the amount that position in Agnico Eagle Mines 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 | 0.0267 | 0.0243 | 0.0255 | Price To Sales Ratio | 3.96 | 3.97 | 7.16 |
Agnico Eagle Upcoming Company Events
As portrayed in its financial statements, the presentation of Agnico Eagle's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Agnico Eagle's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Agnico Eagle's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Agnico Eagle. Please utilize our Beneish M Score to check the likelihood of Agnico Eagle's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 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 Agnico Eagle
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Agnico Eagle Backtesting, Agnico Eagle Valuation, Agnico Eagle Correlation, Agnico Eagle Hype Analysis, Agnico Eagle Volatility, Agnico Eagle History and analyze Agnico Eagle Performance. Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Agnico Stock analysis
When running Agnico Eagle's price analysis, check to measure Agnico Eagle'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 Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
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Agnico Eagle 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.