Agnico Historical Valuation
| AEM Stock | USD 63.47 0.98 1.57% |
Some fundamental drivers such as market cap or Agnico Eagle enterprice value can be analyzed from historical perspective to project value of the company into the future. Some investors analyze Agnico Eagle Mines valuation indicators such as Working Capital of 65.8 M or Enterprise Value of 5.1 B to time the market or to short-sell their positions based on the trend in valuation ratios. It is a perfect tool to project the direction of Agnico Eagle's future value.
Agnico Eagle Working Capital |
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Agnico |
About Agnico Valuation Data Analysis
Valuation is the financial process of determining what Agnico Eagle is worth. Agnico Eagle valuation ratios put that insight into the context of a company's share price, where they serve as useful tools for evaluating and utilizing investment potential. Agnico Eagle valuation ratios help investors to determine whether Agnico Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Agnico with respect to the benefits of owning Agnico Eagle security.
Agnico Eagle Valuation Data Chart
Agnico valuation ratios help to determine how cheap or expensive it is, compared to its peers or based on some benchmark measure of value for a given date. A typical valuation ratio shows the difference between the cost of Agnico equity instrument and the benefits of owning shares of Agnico Eagle Mines.
At this time, Agnico Eagle's Market Cap is very stable compared to the past year. As of the 19th of April 2024, Enterprise Value is likely to grow to about 5.1 B, while Working Capital is likely to drop about 65.8 M. Working Capital
The difference between a company’s current assets and current liabilities, indicating the liquidity and operational efficiency of the business.Enterprise Value
Enterprise Value (or EV) is usually referred to as Agnico Eagle theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Agnico Eagle Mines debt, but would also pocket its cash. Enterprise Value is more accurate representation of Agnico Eagle value than its market capitalization because it takes into account all of Agnico Eagle Mines existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.Most indicators from Agnico Eagle's valuation accounts are interrelated and interconnected. However, analyzing valuation accounts indicators one by one will only give a small insight into Agnico Eagle Mines current financial condition. On the other hand, looking into the entire matrix of valuation accounts indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. At this time, Agnico Eagle's Market Cap is very stable compared to the past year. As of the 19th of April 2024, Enterprise Value is likely to grow to about 5.1 B, while Working Capital is likely to drop about 65.8 M.
| 2011 | 2023 | 2024 (projected) | Working Capital | 100.7M | 90.6M | 65.8M | Market Cap | 4.6B | 15.3B | 16.1B |
Agnico Eagle valuation accounts Correlations
Agnico Eagle Account Relationship Matchups
Agnico Eagle Investors Sentiment
The influence of Agnico Eagle's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Agnico. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Agnico Eagle's public news can be used to forecast risks associated with an investment in Agnico. The trend in average sentiment can be used to explain how an investor holding Agnico can time the market purely based on public headlines and social activities around Agnico Eagle Mines. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Agnico Eagle's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Agnico Eagle's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Agnico Eagle's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Agnico Eagle.
Agnico Eagle Implied Volatility | 90.18 |
Agnico Eagle's implied volatility exposes the market's sentiment of Agnico Eagle Mines stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Agnico Eagle's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Agnico Eagle stock will not fluctuate a lot when Agnico Eagle's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Agnico Eagle in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Agnico Eagle's short interest history, or implied volatility extrapolated from Agnico Eagle options trading.
Pair Trading with Agnico Eagle
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agnico Eagle position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agnico Eagle will appreciate offsetting losses from the drop in the long position's value.Moving together with Agnico Stock
| 0.93 | AA | Alcoa Corp Financial Report 17th of July 2024 | PairCorr |
| 0.95 | KALU | Kaiser Aluminum Earnings Call This Week | PairCorr |
| 0.92 | CENX | Century Aluminum Financial Report 13th of May 2024 | PairCorr |
| 0.89 | CSTM | Constellium Nv Earnings Call This Week | PairCorr |
Moving against Agnico Stock
| 0.87 | NC | NACCO Industries | PairCorr |
| 0.76 | X | United States Steel Earnings Call This Week | PairCorr |
| 0.76 | VALE | Vale SA ADR Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Agnico Eagle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico Eagle when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agnico Eagle - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agnico Eagle Mines to buy it.
The correlation of Agnico Eagle is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agnico Eagle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico Eagle Mines moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agnico Eagle can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agnico Eagle Mines. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. 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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Is Agnico Eagle's 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 Agnico Eagle. If investors know Agnico 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 Agnico Eagle 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 1.431 | Dividend Share 1.6 | Earnings Share 3.95 | Revenue Per Share 13.56 | Quarterly Revenue Growth 0.269 |
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle's 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 Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle's 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 Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Agnico Eagle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle's 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.