Newmont Goldcorp Corp Stock Price on November 27, 2024
NEM Stock | USD 41.49 0.24 0.58% |
Below is the normalized historical share price chart for Newmont Goldcorp Corp extending back to March 17, 1980. 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 41.49, as last reported on the 11th of December 2024, with the highest price reaching 42.11 and the lowest price hitting 41.46 during the day.
If you're considering investing in Newmont Stock, it is important to understand the factors that can impact its price. Newmont Goldcorp Corp has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Newmont Goldcorp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newmont Goldcorp's Mean Deviation of 1.44, risk adjusted performance of (0.07), and Standard Deviation of 2.45 to check out the risk estimate we provide.
At this time, Newmont Goldcorp's Stock Based Compensation To Revenue is very stable compared to the past year. . At this time, Newmont Goldcorp's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 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 44.451 | 50 Day MA 47.7108 | Beta 0.531 |
Newmont |
Sharpe Ratio = -0.1417
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NEM |
Estimated Market Risk
2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newmont Goldcorp is not performing at its full potential. However, 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 Newmont Goldcorp to a well-diversified portfolio.
Price Book 1.5989 | Enterprise Value Ebitda 22.7668 | Price Sales 2.7806 | Shares Float 1.1 B | Dividend Share 1 |
Related Headline
Sandstorm Gold Headline on 27th of November 2024
Sandstorm Gold Royalties Provides Updates on Producing and K... by gurufocus.com
PR NewswireVANCOUVER, BC, Nov. 27, 2024 VANCOUVER, BC, Nov. 27, 2024 PRNewswire - Sandstorm Gold Ltd. Sandstorm Gold Royalties, Sandstorm or the Co
Newmont Goldcorp Valuation on November 27, 2024
It is possible to determine the worth of Newmont Goldcorp on a given historical date. On November 27, 2024 Newmont was worth 42.21 at the beginning of the trading date compared to the closed value of 42.04. 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 | |
42.05 | 42.20 | 41.75 | 42.00 | 6,383,700 | |
11/27/2024 | 42.21 | 42.64 | 41.92 | 42.04 | 5,677,016 |
42.19 | 42.32 | 41.92 | 41.94 | 6,192,864 |
Backtest Newmont Goldcorp | | | Newmont Goldcorp History | | | Newmont Goldcorp Valuation | Previous | Next |
Newmont Goldcorp Trading Date Momentum on November 27, 2024
On November 29 2024 Newmont Goldcorp Corp was traded for 41.94 at the closing time. Highest Newmont Goldcorp's price during the trading hours was 42.32 and the lowest price during the day was 41.92 . The net volume was 6.2 M. The overall trading history on the 29th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.24% . The trading delta at closing time to current price is 0.33% . |
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 |
|
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 | December 11, 2024
| High |
0.00 | 0.00 |
Newmont Goldcorp Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Newmont Goldcorp December 11, 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
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 | (0.07) | |||
Jensen Alpha | (0.28) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | (3.55) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Metals & Mining space 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 3.039 | Dividend Share 1 | Earnings Share (2.19) | Revenue Per Share 15.331 | Quarterly Revenue Growth 0.847 |
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.