Newmont Goldcorp Corp Stock Price on January 27, 2021
| NEM Stock | USD 38.55 0.01 0.03% |
Below is the normalized historical share price chart for Newmont Goldcorp Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Newmont Goldcorp stands at 38.55, as last reported on the 19th of April, with the highest price reaching 39.21 and the lowest price hitting 38.25 during the day.
If you're considering investing in Newmont Stock, it is important to understand the factors that can impact its price. We consider Newmont Goldcorp very steady. Newmont Goldcorp Corp has Sharpe Ratio of 0.0837, which conveys that the firm had a 0.0837% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Newmont Goldcorp, which you can use to evaluate the volatility of the firm. Please verify Newmont Goldcorp's Mean Deviation of 1.63, risk adjusted performance of 0.0454, and Downside Deviation of 2.53 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
Newmont Goldcorp reported last year Sale Purchase Of Stock of (74 Million). At this time, Newmont Goldcorp's Price To Sales Ratio is very stable compared to the past year. As of the 19th of April 2024, Price To Operating Cash Flows Ratio is likely to grow to 20.42, while Price Book Value Ratio is likely to drop 1.14. Newmont Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of January 1978 | 200 Day MA 37.9762 | 50 Day MA 34.5514 | Beta 0.538 |
Newmont |
Sharpe Ratio = 0.0837
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Newmont Goldcorp is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Newmont Goldcorp by adding it to a well-diversified portfolio.
Price Book 1.5346 | Enterprise Value Ebitda 159.2334 | Price Sales 3.7711 | Shares Float 1.2 B | Dividend Share 1.45 |
Newmont Goldcorp Valuation on January 27, 2021
It is possible to determine the worth of Newmont Goldcorp on a given historical date. On January 27, 2021 Newmont was worth 83.51 at the beginning of the trading date compared to the closed value of 74.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newmont Goldcorp stock. Still, in general, we apply an absolute valuation method to find Newmont Goldcorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Newmont Goldcorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newmont Goldcorp's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 83.51 | 83.72 | 74.95 | 74.95 | 7,005,108 |
| 81.37 | 82.78 | 73.67 | 73.67 | 7,705,900 |
| Backtest Newmont Goldcorp | | | Newmont Goldcorp History | | | Newmont Goldcorp Valuation | Next |
Newmont Goldcorp Trading Date Momentum on January 27, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Newmont Goldcorp Corp Fundamentals Correlations and Trends
By evaluating Newmont Goldcorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Newmont Goldcorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newmont financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newmont Goldcorp Stock history
Newmont Goldcorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Newmont is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newmont Goldcorp Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Newmont Goldcorp stock prices may prove useful in developing a viable investing in Newmont Goldcorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 841 M | 883 M | |
| Net Loss | -493.4 M | -468.7 M |
Newmont Goldcorp Quarterly Net Working Capital |
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Newmont Goldcorp Stock Technical Analysis
Newmont Goldcorp 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.
Price Boundaries
Newmont Goldcorp Period Price Range
Low | April 4, 2022
| High |
83.51 | 74.95 |
Newmont Goldcorp April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Newmont Goldcorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newmont Goldcorp shares will generate the highest return on investment. By undertsting and applying Newmont Goldcorp stock market strength indicators, traders can identify Newmont Goldcorp Corp entry and exit signals to maximize returns
| Accumulation Distribution | 733813.0 | |||
| Daily Balance Of Power | (0.98) | |||
| Rate Of Daily Change | 0.9 | |||
| Day Median Price | 79.34 | |||
| Day Typical Price | 77.87 | |||
| Price Action Indicator | (8.66) | |||
| Period Momentum Indicator | (36.40) |
Newmont Goldcorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newmont Goldcorp's price direction in advance. Along with the technical and fundamental analysis of Newmont Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newmont to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0454 | |||
| Jensen Alpha | 0.0621 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0287 | |||
| Treynor Ratio | 0.1114 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newmont Goldcorp Corp. 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 Newmont Goldcorp Corp information on this page should be used as a complementary analysis to other Newmont Goldcorp'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Newmont Stock analysis
When running Newmont Goldcorp's price analysis, check to measure Newmont Goldcorp'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 Newmont Goldcorp is operating at the current time. Most of Newmont Goldcorp's value examination focuses on studying past and present price action to predict the probability of Newmont Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont Goldcorp's price. Additionally, you may evaluate how the addition of Newmont Goldcorp to your portfolios can decrease your overall portfolio volatility.
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Is Newmont Goldcorp'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 Newmont Goldcorp. If investors know Newmont 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 Newmont Goldcorp 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 (0.26) | Dividend Share 1.45 | Earnings Share (3.00) | Revenue Per Share 14.045 | Quarterly Revenue Growth 0.237 |
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp'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 Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp'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 Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp'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.