Goldcorp has performance score of 2 on a scale of 0 to 100. The entity retains Market Volatility (i.e. Beta) of 0.15 which attests that as returns on market increase, Goldcorp returns are expected to increase less than the market. However during bear market, the loss on holding Goldcorp will be expected to be smaller as well. Although it is extremely important to respect Goldcorp Inc
current price history, it is beter to be realistic about what you can do with the information about equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By evaluating Goldcorp Inc technical indicators
you can presently evaluate if the expected return of 0.14% will be sustainable into the future. Goldcorp Inc
right now retains risk of 2.49%. Please check out Goldcorp Potential Upside
, Accumulation Distribution
and the relationship
between Treynor Ratio
and Expected Short fall
to decide if Goldcorp will be following its current trading patterns.
Relative Risk vs. Return Landscape
If you would invest 2,664
in Goldcorp Inc on May 19, 2013
and sell it today you would earn a total of 123.00
from holding Goldcorp Inc or generate 4.62%
return on investment over 30
days. Goldcorp Inc is generating 0.14% of daily returns and assumes 2.49% volatility on return distribution over the 30 days horizon. Put differently, 31% of equity instruments are less risky than the company on the bases of their historical return distribution and some 95% of equities are expected to be superior in generating returns on investments over the next 30 days.
Daily Expected Return (%)
Allowing for 30-days total investment horizon, Goldcorp Inc is expected to generate 2.96 times more return on investment than the market. However, the company is 2.96 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The S&P 500 is currently generating roughly -0.1 per unit of risk.
Goldcorp Operating Margin
Based on recorded statements Goldcorp Inc has Operating Margin of 38.46%. This is 326.37% lower than that of Basic Materials sector, and 214.06% lower than that of Gold
industry, The Operating Margin for all stocks is 1091.24% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Goldcorp Return On Equity vs Return On Asset
Goldcorp Inc is rated below average
in return on equity category among related companies. It is rated below average
in return on asset category among related companies reporting about 0.58
of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Goldcorp Inc is roughly 1.74