Newmont Goldcorp Corp Stock Performance
| NEM Stock | USD 38.60 0.89 2.36% |
On a scale of 0 to 100, Newmont Goldcorp holds a performance score of 7. The company secures a Beta (Market Risk) of 0.97, which conveys possible diversification benefits within a given portfolio. Newmont Goldcorp returns are very sensitive to returns on the market. As the market goes up or down, Newmont Goldcorp is expected to follow. Please check Newmont Goldcorp's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Newmont Goldcorp's current price movements will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Newmont Goldcorp Corp are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unsteady technical and fundamental indicators, Newmont Goldcorp displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 2.19 | Five Day Return 0.0909 | Year To Date Return (5.81) | Ten Year Return 51.18 | All Time Return 274.13 |
Forward Dividend Yield 0.0267 | Payout Ratio 0.9119 | Last Split Factor 5:4 | Forward Dividend Rate 1 | Dividend Date 2024-03-28 |
| Newmont Goldcorp dividend paid on 28th of March 2024 | 03/28/2024 |
1 | Majors losing costs battle, intermediates better | 04/03/2024 |
2 | Riassunto Newmont completa un fondo di sostegno alla comunit globale da 20 milioni di dollari collaborando con varie comunit locali ai fini di una maggiore resi... | 04/05/2024 |
3 | Dynasty Gold Appoints E. Max Baker Technical Board Director and Updates on Drill Plan | 04/10/2024 |
4 | Galleon Gold Announces Current Financing is Fully Subscribed and Initiates New Offering for up to 1.5M | 04/16/2024 |
5 | Why the Newmont share price represents an attractive opportunity right now | 04/17/2024 |
6 | Earnings Preview Newmont Corporation Q1 Earnings Expected to Decline | 04/18/2024 |
7 | NewmontFrancois Hardy | 04/19/2024 |
8 | Ford, Nvidia Among Top SP 500 Stocks Monday Tesla Extends Losses | 04/22/2024 |
9 | Investor Alert Prepare for the Market Crash With These 3 Stocks | 04/23/2024 |
| Begin Period Cash Flow | 2.9 B |
Newmont |
Newmont Goldcorp Relative Risk vs. Return Landscape
If you would invest 3,422 in Newmont Goldcorp Corp on January 25, 2024 and sell it today you would earn a total of 438.00 from holding Newmont Goldcorp Corp or generate 12.8% return on investment over 90 days. Newmont Goldcorp Corp is generating 0.2185% of daily returns assuming volatility of 2.342% on return distribution over 90 days investment horizon. In other words, 20% of stocks are less volatile than Newmont, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Newmont Goldcorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newmont Goldcorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newmont Goldcorp Corp, and traders can use it to determine the average amount a Newmont Goldcorp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0933
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Newmont Goldcorp is performing at about 7% 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.
Newmont Goldcorp Fundamentals Growth
Newmont Stock prices reflect investors' perceptions of the future prospects and financial health of Newmont Goldcorp, and Newmont Goldcorp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Newmont Stock performance.
| Return On Equity | -0.1 | ||||
| Return On Asset | 0.0094 | ||||
| Profit Margin | (0.21) % | ||||
| Operating Margin | (0.12) % | ||||
| Current Valuation | 49.87 B | ||||
| Shares Outstanding | 1.15 B | ||||
| Price To Earning | 37.91 X | ||||
| Price To Book | 1.53 X | ||||
| Price To Sales | 3.77 X | ||||
| Revenue | 11.78 B | ||||
| Gross Profit | 4.53 B | ||||
| EBITDA | 4.29 B | ||||
| Net Income | (2.52 B) | ||||
| Cash And Equivalents | 2.88 B | ||||
| Cash Per Share | 4.80 X | ||||
| Total Debt | 9.56 B | ||||
| Debt To Equity | 0.29 % | ||||
| Current Ratio | 2.72 X | ||||
| Book Value Per Share | 25.18 X | ||||
| Cash Flow From Operations | 2.76 B | ||||
| Earnings Per Share | (3.00) X | ||||
| Market Capitalization | 43.47 B | ||||
| Total Asset | 55.51 B | ||||
| Retained Earnings | (3 B) | ||||
| Working Capital | 1.51 B | ||||
| Current Asset | 4.98 B | ||||
| Current Liabilities | 1.42 B | ||||
About Newmont Goldcorp Performance
To evaluate Newmont Goldcorp Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Newmont Goldcorp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Newmont Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Newmont Goldcorp Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Newmont's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 90.93 | 115.30 | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | (0.05) | (0.04) | |
| Return On Equity | (0.09) | (0.08) |
Things to note about Newmont Goldcorp Corp performance evaluation
Checking the ongoing alerts about Newmont Goldcorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newmont Goldcorp Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the last year's revenue of 11.78 B. Reported Net Loss for the year was (2.52 B) with profit before taxes, overhead, and interest of 4.53 B. | |
| About 72.0% of the company shares are owned by institutional investors | |
| On 28th of March 2024 Newmont Goldcorp paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from investorplace.com: Investor Alert Prepare for the Market Crash With These 3 Stocks |
- Analyzing Newmont Goldcorp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Newmont Goldcorp's stock is overvalued or undervalued compared to its peers.
- Examining Newmont Goldcorp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Newmont Goldcorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newmont Goldcorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newmont Goldcorp's stock. These opinions can provide insight into Newmont Goldcorp's potential for growth and whether the stock is currently undervalued or overvalued.
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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.