Barrick Mining Stock Market Value
| B Stock | USD 21.18 0.00 0.00% |
| Symbol | Barrick |
Barrick Mining Price To Book Ratio
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 Barrick Mining. If investors know Barrick 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 Barrick Mining 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 0.607 | Dividend Share 0.4 | Earnings Share 1.32 | Revenue Per Share | Quarterly Revenue Growth 0.139 |
The market value of Barrick Mining is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Mining's value that differs from its market value or its book value, called intrinsic value, which is Barrick Mining'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 Barrick Mining's market value can be influenced by many factors that don't directly affect Barrick Mining'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 Barrick Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Mining'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.
Barrick Mining 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Barrick Mining's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Barrick Mining.
| 03/22/2025 |
| 06/20/2025 |
If you would invest 0.00 in Barrick Mining on March 22, 2025 and sell it all today you would earn a total of 0.00 from holding Barrick Mining or generate 0.0% return on investment in Barrick Mining over 90 days. Barrick Mining is related to or competes with Helios Technologies, Enpro Industries, Omega Flex, Luxfer Holdings, Hurco Companies, Graco, and IDEX. Barnes Group Inc. provides engineered products, industrial technologies, and solutions in the United States and internat... More
Barrick Mining Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Barrick Mining's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Barrick Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | 0.0625 | |||
| Maximum Drawdown | 13.64 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 3.41 |
Barrick Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barrick Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Barrick Mining's standard deviation. In reality, there are many statistical measures that can use Barrick Mining historical prices to predict the future Barrick Mining's volatility.| Risk Adjusted Performance | 0.122 | |||
| Jensen Alpha | 0.1726 | |||
| Total Risk Alpha | 0.1546 | |||
| Sortino Ratio | 0.0632 | |||
| Treynor Ratio | 0.454 |
Barrick Mining Backtested Returns
Barrick Mining appears to be not too volatile, given 3 months investment horizon. Barrick Mining secures Sharpe Ratio (or Efficiency) of 0.0839, which signifies that the company had a 0.0839 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Barrick Mining, which you can use to evaluate the volatility of the firm. Please makes use of Barrick Mining's Downside Deviation of 2.59, mean deviation of 1.87, and Risk Adjusted Performance of 0.122 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Barrick Mining holds a performance score of 6. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Barrick Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Barrick Mining is expected to be smaller as well. Please check Barrick Mining's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether Barrick Mining's price patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Barrick Mining has very weak reverse predictability. Overlapping area represents the amount of predictability between Barrick Mining time series from 22nd of March 2025 to 6th of May 2025 and 6th of May 2025 to 20th of June 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Barrick Mining price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Barrick Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.27 |
Barrick Mining lagged returns against current returns
Autocorrelation, which is Barrick Mining stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Barrick Mining's stock expected returns. We can calculate the autocorrelation of Barrick Mining returns to help us make a trade decision. For example, suppose you find that Barrick Mining has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Barrick Mining regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Barrick Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Barrick Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Barrick Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Barrick Mining Lagged Returns
When evaluating Barrick Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Barrick Mining stock have on its future price. Barrick Mining autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Barrick Mining autocorrelation shows the relationship between Barrick Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Barrick Mining.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Barrick Mining Correlation, Barrick Mining Volatility and Barrick Mining Alpha and Beta module to complement your research on Barrick Mining. For information on how to trade Barrick Stock refer to our How to Trade Barrick Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Barrick Mining 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.