Gold Fields Ltd Stock Market Value
| GFI Stock | USD 17.65 0.12 0.68% |
| Symbol | Gold |
Gold Fields Price To Book Ratio
Is Gold Fields' industry 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 (0.10) | Dividend Share 0.407 | Earnings Share 0.79 | Revenue Per Share 2.519 | Quarterly Revenue Growth 0.014 |
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.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in Gold Fields on February 19, 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 60 days. Gold Fields is related to or competes with Agnico Eagle, Kinross Gold, Harmony Gold, Franco Nevada, IAMGold, Coeur Mining, and AngloGold Ashanti. 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.
| Downside Deviation | 3.12 | |||
| Information Ratio | 0.1728 | |||
| Maximum Drawdown | 15.0 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 5.27 |
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 | 0.1291 | |||
| Jensen Alpha | 0.4639 | |||
| Total Risk Alpha | 0.2874 | |||
| Sortino Ratio | 0.1623 | |||
| Treynor Ratio | 0.3257 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gold Fields' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Gold Fields Backtested Returns
Gold Fields appears to be not too volatile, given 3 months investment horizon. Gold Fields holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Gold Fields' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Gold Fields' Risk Adjusted Performance of 0.1291, market risk adjusted performance of 0.3357, and Downside Deviation of 3.12 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gold Fields holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 1.74, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gold Fields will likely underperform. Please check Gold Fields' jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Gold Fields' current trending patterns will revert.
Auto-correlation | 0.87 |
Very good predictability
Gold Fields Ltd has very good predictability. Overlapping area represents the amount of predictability between Gold Fields time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th of April 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 0.87 indicates that approximately 87.0% of current Gold Fields price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Gold Fields Correlation, Gold Fields Volatility and Gold Fields Alpha and Beta module to complement your research on Gold Fields. Note that the Gold Fields information on this page should be used as a complementary analysis to other Gold Fields' 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Gold Stock analysis
When running Gold Fields' price analysis, check to measure Gold Fields' 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 Fields is operating at the current time. Most of Gold Fields' value examination focuses on studying past and present price action to predict the probability of Gold Fields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Fields' price. Additionally, you may evaluate how the addition of Gold Fields to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |
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.