Seabridge Gold Stock Alpha and Beta Analysis
| SA Stock | USD 15.16 0.53 3.62% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Seabridge Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in Seabridge Gold over a specified time horizon. Remember, high Seabridge Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Seabridge Gold's market risk premium analysis include:
Beta 2.63 | Alpha 0.33 | Risk 3.88 | Sharpe Ratio 0.18 | Expected Return 0.68 |
Seabridge Gold Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Seabridge |
Seabridge Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Seabridge Gold market risk premium is the additional return an investor will receive from holding Seabridge Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Seabridge Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Seabridge Gold's performance over market.| α | 0.33 | β | 2.63 |
Seabridge Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Seabridge Gold's Buy-and-hold return. Our buy-and-hold chart shows how Seabridge Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Seabridge Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Seabridge Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Seabridge Gold shares will generate the highest return on investment. By understating and applying Seabridge Gold stock market price indicators, traders can identify Seabridge Gold position entry and exit signals to maximize returns.
Seabridge Gold Return and Market Media
The median price of Seabridge Gold for the period between Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 13.0 with a coefficient of variation of 16.67. The daily time series for the period is distributed with a sample standard deviation of 2.13, arithmetic mean of 12.77, and mean deviation of 1.84. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Great Eagle Gold Corp. Welcomes Robert Seguin to Board of Directors and Gary Harbottle as Corporate Secretary | 02/13/2024 |
2 | CANADA STOCKS-TSX posts biggest gain in two months as resource shares jump | 02/15/2024 |
3 | Ontario Teachers Pension Plan Board Acquires 175,161 Shares of Seabridge Gold Inc. | 02/21/2024 |
4 | Seabridge Gold Files Updated NI-43-101 Courageous Lake Technical Report | 02/29/2024 |
5 | Seabridge Gold Inc.s market cap touched CA1.5b last week, benefiting both retail investors who own 46 percent as well as institutions | 03/05/2024 |
6 | Seabridge Gold Shares Pass Above Two Hundred Day Moving Average of 11.41 - Defense World | 03/20/2024 |
7 | Seabridge Gold Files 2023 Annual Information Form, Year End Audited Financial Statements and MDA | 03/28/2024 |
8 | Seabridge Gold Hits New 52-Week High at 16.21 - MarketBeat | 04/02/2024 |
9 | Nations Royalty Closes 10 Million Offering and Appoints Directors and Officers | 04/11/2024 |
10 | Seabridge Readies New Iskut Drill Program to Probe for Copper-Gold Porphyry Discoveries | 04/23/2024 |
About Seabridge Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Seabridge or other stocks. Alpha measures the amount that position in Seabridge Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Seabridge Gold Upcoming Company Events
As portrayed in its financial statements, the presentation of Seabridge Gold's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Seabridge Gold's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Seabridge Gold's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Seabridge Gold. Please utilize our Beneish M Score to check the likelihood of Seabridge Gold's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Seabridge Gold
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Seabridge Gold Backtesting, Seabridge Gold Valuation, Seabridge Gold Correlation, Seabridge Gold Hype Analysis, Seabridge Gold Volatility, Seabridge Gold History and analyze Seabridge Gold Performance. For information on how to trade Seabridge Stock refer to our How to Trade Seabridge Stock guide.Note that the Seabridge Gold information on this page should be used as a complementary analysis to other Seabridge Gold'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Seabridge Stock analysis
When running Seabridge Gold's price analysis, check to measure Seabridge Gold'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 Seabridge Gold is operating at the current time. Most of Seabridge Gold's value examination focuses on studying past and present price action to predict the probability of Seabridge Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seabridge Gold's price. Additionally, you may evaluate how the addition of Seabridge Gold to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities |
Seabridge Gold 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.