Gold Fields (Brazil) Alpha and Beta Analysis
| G1FI34 Stock | BRL 40.65 0.51 1.24% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gold Fields Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gold Fields over a specified time horizon. Remember, high Gold Fields' 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 Gold Fields' market risk premium analysis include:
Beta (0.51) | Alpha 0.41 | Risk 3.16 | Sharpe Ratio 0.0883 | Expected Return 0.28 |
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.
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Gold Fields Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gold Fields market risk premium is the additional return an investor will receive from holding Gold Fields 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 Gold Fields. 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 Gold Fields' performance over market.| α | 0.41 | β | -0.51 |
Gold Fields 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 Gold Fields' Buy-and-hold return. Our buy-and-hold chart shows how Gold Fields performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Gold Fields Market Price Analysis
Market price analysis indicators help investors to evaluate how Gold Fields stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gold Fields shares will generate the highest return on investment. By understating and applying Gold Fields stock market price indicators, traders can identify Gold Fields position entry and exit signals to maximize returns.
Gold Fields Return and Market Media
The median price of Gold Fields for the period between Sun, Feb 18, 2024 and Sat, May 18, 2024 is 40.0 with a coefficient of variation of 12.28. The daily time series for the period is distributed with a sample standard deviation of 4.83, arithmetic mean of 39.37, and mean deviation of 4.12. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Gold Fields 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 Gold or other stocks. Alpha measures the amount that position in Gold Fields Limited 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.
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 Gold Fields 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, Gold Fields' short interest history, or implied volatility extrapolated from Gold Fields options trading.
Build Portfolio with Gold Fields
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 Gold Fields Backtesting, Gold Fields Valuation, Gold Fields Correlation, Gold Fields Hype Analysis, Gold Fields Volatility, Gold Fields History and analyze Gold Fields Performance. Note that the Gold Fields Limited information on this page should be used as a complementary analysis to other Gold Fields' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Gold Stock analysis
When running Gold Fields' price analysis, check to measure Gold Fields' 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 Gold Fields is operating at the current time. Most of Gold Fields' value examination focuses on studying past and present price action to predict the probability of Gold Fields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Fields' price. Additionally, you may evaluate how the addition of Gold Fields to your portfolios can decrease your overall portfolio volatility.
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Gold Fields 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.