Agnico Eagle Risk Analysis And Volatility

AEM -- USA Stock  

Fiscal Quarter End: December 31, 2019  

We consider Agnico Eagle very steady. Agnico Eagle Mines secures Sharpe Ratio (or Efficiency) of 0.0579 which signifies that the organization had 0.0579% of return per unit of risk over the last 3 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Agnico Eagle Mines Limited which you can use to evaluate future volatility of the firm. Please confirm Agnico Eagle Mines Downside Deviation of 1.92, Risk Adjusted Performance of 0.0498 and Mean Deviation of 1.44 to double-check if risk estimate we provide are consistent with the epected return of 0.1074%.
Interest Expense

90 Days Market Risk

Very steady

Chance of Distress in 24 months

90 Days Economic Sensitivity

Moves totally opposite to market
Horizon     30 Days    Login   to change

Agnico Eagle Market Sensitivity

Agnico Eagle Mines Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Agnico Eagle Typical Price indicator is an average of each day price and can be used instead of closing price when creating different Agnico Eagle Mines moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

Agnico Eagle Projected Return Density Against Market

Considering 30-days investment horizon, Agnico Eagle Mines Limited has beta of -1.1189 . This suggests Moreover, The company has an alpha of 0.1742 implying that it can potentially generate 0.1742% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Considering 30-days investment horizon, the coefficient of variation of Agnico Eagle is 1725.87. The daily returns are destributed with a variance of 3.44 and standard deviation of 1.85. The mean deviation of Agnico Eagle Mines Limited is currently at 1.38. For similar time horizon, the selected benchmark (DOW) has volatility of 0.6
α
Alpha over DOW
=0.17
β
Beta against DOW=1.12
σ
Overall volatility
=1.85
Ir
Information ratio =0.0427

Agnico Eagle Return Volatility

the business has volatility of 1.854% on return distribution over 30 days investment horizon. the entity inherits 0.6095% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Agnico Eagle Investment Opportunity

Agnico Eagle Mines Limited has a volatility of 1.85 and is 3.03 times more volatile than DOW. 16  of all equities and portfolios are less risky than Agnico Eagle. Compared to the overall equity markets, volatility of historical daily returns of Agnico Eagle Mines Limited is lower than 16 () of all global equities and portfolios over the last 30 days. Use Agnico Eagle Mines Limited to enhance returns of your portfolios. The stock experiences moderate upward volatility. Check odds of Agnico Eagle to be traded at $67.25 in 30 days. .

Agnico Eagle correlation with market

correlation synergy
Very good diversification
Overlapping area represents the amount of risk that can be diversified away by holding Agnico Eagle Mines Limited and equity matching DJI index in the same portfolio.

Agnico Eagle Current Risk Indicators

Agnico Eagle Suggested Diversification Pairs

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