Barrick Total Debt To Capitalization from 2010 to 2024

ABX Stock  CAD 24.99  0.68  2.80%   
Barrick Gold Total Debt To Capitalization yearly trend continues to be very stable with very little volatility. Total Debt To Capitalization is likely to grow to 0.21 this year. During the period from 2010 to 2024, Barrick Gold Total Debt To Capitalization quarterly data regression pattern had sample variance of  0.02 and median of  0.36. View All Fundamentals
 
Total Debt To Capitalization  
First Reported
2010-12-31
Previous Quarter
0.18124737
Current Value
0.21
Quarterly Volatility
0.15037419
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Barrick Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrick Gold's main balance sheet or income statement drivers, such as Interest Expense of 158.6 M, Total Revenue of 5.7 B or Gross Profit of 2.4 B, as well as many indicators such as Price To Sales Ratio of 4.72, Dividend Yield of 0.0232 or PTB Ratio of 1.37. Barrick financial statements analysis is a perfect complement when working with Barrick Gold Valuation or Volatility modules.
  
This module can also supplement various Barrick Gold Technical models . Check out the analysis of Barrick Gold Correlation against competitors.

Pair Trading with Barrick Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barrick Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barrick Gold will appreciate offsetting losses from the drop in the long position's value.

Moving together with Barrick Stock

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Moving against Barrick Stock

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The ability to find closely correlated positions to Barrick Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barrick Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Barrick Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Barrick Gold Corp to buy it.
The correlation of Barrick Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Barrick Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barrick Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Barrick Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out the analysis of Barrick Gold Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold'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.