Goldcorp Buy or Sell Recommendation

Macroaxis provides Goldcorp Inc buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Goldcorp positions. The advice algorithm takes into account all of Goldcorp Inc available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Goldcorp buy-and-hold prospective. Please also check Goldcorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Investment Horizon

  

Risk Tolerance

  
Symbol
Execute Advice
Goldcorp Inc -- USA Stock  

USD 13.24  0.17  1.27%

Allowing for the 30-days total investment horizon, and your above average risk tolerance our recommendation regarding Goldcorp Inc is 'Strong Hold'.
For the selected time horizon Goldcorp Inc has a risk adjusted performance of 0.0266, jensen alpha of 0.002, total risk alpha of (0.091829), sortino ratio of (0.002597) and treynor ratio of 0.0516
This buy, hold, or sell suggestion tool can be used to cross verify current analyst consensus on Goldcorp and to analyze the organization potential to grow in the current economic cycle. To make sure Goldcorp Inc is not overpriced, please check out all Goldcorp fundamentals including its EBITDA, Current Ratio and the relationship between Price to Sales and Cash per Share . Given that Goldcorp Inc has Price to Book of 0.83 times, we strongly advise you confirm Goldcorp Inc market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Returns Distribution Density

Mean Return0.056361Value At Risk1.28
Potential Upside1.6Standard Deviation1.05
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Van Eck Associates CorpCommon Shares37.9 M491 M
First Eagle Investment Management LlcCommon Shares35.9 M465.1 M
Carmignac GestionCommon Shares30.5 M395.4 M
Vanguard Group IncCommon Shares20.9 M270.7 M
Royal Bank Of CanadaCommon Shares16.8 M217.3 M
Deutsche Bank AgCommon Shares14.6 M189.6 M
Artisan Partners Limited PartnershipCommon Shares14.5 M187.7 M
Susquehanna International Group LlpPut Options6.6 M85.4 M

Goldcorp Greeks

α
Alpha over DOW
=0.001999
βBeta against DOW=0.9
σ
Overall volatility
=1.05
 IrInformation ratio =0.0028

Goldcorp Volatility Alert

Goldcorp Inc has relatively low volatility with skewness of -0.1 and kurtosis of 0.37. However, we advise all investors to independently investigate Goldcorp Inc to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.
    
 Better Than Average     
    
 Worse Than Average Compare Goldcorp to competition
FundamentalsGoldcorpPeer Average
Return On Equity3.48 % (15.17) %
Return On Asset1.1 % (15.64) %
Profit Margin13.22 % (5.5) %
Operating Margin10.83 % (10.91) %
Current Valuation14.16 B152.14 B
Shares Owned by Insiders17.54 % 6.91 %
Shares Owned by Institutions0.14 % 18.37 %
Number of Shares Shorted10.97 M3.24 M
Price to Earning24.29 times40.69 times
Price to Book0.83 times14.44 times
Price to Sales3.28 times17.81 times
Revenue3.52 B9.85 B
Gross Profit420 M21.75 B
EBITDA1.33 B1.41 B
Net Income465 M517.71 M
Cash and Equivalents123 M3.89 B
Cash per Share0.14 times5.17 times
Total Debt2.81 B7.36 B
Debt to Equity20.2 % 0.72 %
Current Ratio1.04 times3.3 times
Book Value Per Share15.99 times13.64 times
Cash Flow from Operations891 M1.25 B
Short Ratio1.76 times2.09 times
Earnings Per Share0.55 times2.3 times
Price to Earnings To Growth0.61 times1.22 times
Number of Employees9.29 K10.67 K
Beta-0.170.34
Market Capitalization11.54 B29.78 B
Total Asset21.43 B126.86 B
Retained Earnings(4.75 B)38.24 B
Working Capital282 M3.58 B
Current Asset1.33 B36.8 B
Current Liabilities1.05 B33.34 B
SellBuy
Strong Hold

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.0266
Market Risk Adjusted Performance0.0616
Mean Deviation0.7811
Semi Deviation0.9447
Downside Deviation1.15
Coefficient Of Variation1854.94
Standard Deviation1.05
Variance1.09
Information Ratio(0.002845)
Jensen Alpha0.002
Total Risk Alpha(0.091829)
Sortino Ratio(0.002597)
Treynor Ratio0.0516
Maximum Drawdown4.53
Value At Risk(1.28)
Potential Upside1.6
Downside Variance1.31
Semi Variance0.8925
Expected Short fall(0.92)
Skewness(0.098136)
Kurtosis0.3726

Current Valuation

Goldcorp Current Valuation Analysis
Goldcorp Inc is rated # 2 in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Precious Metals industry is currently estimated at about 39.2 Billion. Goldcorp totals roughly 14.16 Billion in current valuation claiming about 36% of equities listed under Precious Metals industry.