Agnico Stock Probability of Future Stock Price Finishing Over 50.34

AEM
 Stock
  

USD 51.77  0.40  0.77%   

Agnico Eagle's future price is the expected price of Agnico Eagle instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Agnico Eagle Mines performance during a given time horizon utilizing its historical volatility. Price to Book Value is expected to hike to 2.31 this year. Price to Earnings Ratio is expected to hike to 30.55 this year.
  
Agnico Eagle's implied volatility is one of the determining factors in the pricing options written on Agnico Eagle Mines. Implied volatility approximates the future value of Agnico Eagle based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Agnico Eagle Mines over a specific time period. For example, 2022-12-16 CALL at $50.0 is a CALL option contract on Agnico Eagle's common stock with a strick price of 50.0 expiring on 2022-12-16. The contract was last traded on 2022-12-02 at 15:52:48 for $2.7 and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $2.65, and an ask price of $2.9. The implied volatility as of the 5th of December is 43.3619. View All Agnico options

Closest to current price Agnico long CALL Option Payoff at Expiration

Please continue to Agnico Eagle Backtesting, Agnico Eagle Valuation, Agnico Eagle Correlation, Agnico Eagle Hype Analysis, Agnico Eagle Volatility, Agnico Eagle History as well as Agnico Eagle Performance. Please specify Agnico Eagle time horizon, a valid symbol (red box) and a target price (blue box) you would like Agnico Eagle odds to be computed.

Agnico Eagle Target Price Odds to finish over 50.34

The tendency of Agnico Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 50.34  in 90 days
 51.77 90 days 50.34 
roughly 2.49
Based on a normal probability distribution, the odds of Agnico Eagle to stay above $ 50.34  in 90 days from now is roughly 2.49 (This Agnico Eagle Mines probability density function shows the probability of Agnico Stock to fall within a particular range of prices over 90 days) . Probability of Agnico Eagle Mines price to stay between $ 50.34  and its current price of $51.77 at the end of the 90-day period is about 1.62 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.53 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Agnico Eagle will likely underperform. Additionally The company has an alpha of 0.2494, implying that it can generate a 0.25 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Agnico Eagle Price Density   
       Price  

Predictive Modules for Agnico Eagle

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Agnico Eagle Mines. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Agnico Eagle's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Agnico Eagle in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
48.6951.8354.97
Details
Intrinsic
Valuation
LowReal ValueHigh
46.5957.6960.83
Details
9 Analysts
Consensus
LowTarget PriceHigh
63.0075.00110.00
Details
Earnings
Estimates (7)
LowProjected EPSHigh
2.472.592.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Agnico Eagle. Your research has to be compared to or analyzed against Agnico Eagle's peers to derive any actionable benefits. When done correctly, Agnico Eagle's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Agnico Eagle Mines.

Agnico Eagle Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Agnico Eagle is not an exception. The market had few large corrections towards the Agnico Eagle's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Agnico Eagle Mines, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Agnico Eagle within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.25
β
Beta against NYSE Composite1.53
σ
Overall volatility
3.42
Ir
Information ratio 0.1

Agnico Eagle Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Agnico Eagle for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Agnico Eagle Mines can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Agnico Eagle Mines has very high historical volatility over the last 90 days
Agnico Eagle Mines has a strong financial position based on the latest SEC filings
About 67.0% of the company shares are held by institutions such as insurance companies

Agnico Eagle Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Agnico Stock often depends not only on the future outlook of the current and potential Agnico Eagle's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Agnico Eagle's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding244732000.00
Cash And Short Term Investments191074000.00

Agnico Eagle Technical Analysis

Agnico Eagle's future price can be derived by breaking down and analyzing its technical indicators over time. Agnico Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Agnico Eagle Mines. In general, you should focus on analyzing Agnico Stock price patterns and their correlations with different microeconomic environments and drivers.

Agnico Eagle Predictive Forecast Models

Agnico Eagle time-series forecasting models is one of many Agnico Eagle's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Agnico Eagle's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Agnico Eagle Mines

Checking the ongoing alerts about Agnico Eagle for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Agnico Eagle Mines help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Agnico Eagle Mines has very high historical volatility over the last 90 days
Agnico Eagle Mines has a strong financial position based on the latest SEC filings
About 67.0% of the company shares are held by institutions such as insurance companies
Please continue to Agnico Eagle Backtesting, Agnico Eagle Valuation, Agnico Eagle Correlation, Agnico Eagle Hype Analysis, Agnico Eagle Volatility, Agnico Eagle History as well as Agnico Eagle Performance. Note that the Agnico Eagle Mines information on this page should be used as a complementary analysis to other Agnico Eagle'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Agnico Stock analysis

When running Agnico Eagle Mines price analysis, check to measure Agnico Eagle'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 Agnico Eagle is operating at the current time. Most of Agnico Eagle's value examination focuses on studying past and present price action to predict the probability of Agnico Eagle's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Agnico Eagle's price. Additionally, you may evaluate how the addition of Agnico Eagle to your portfolios can decrease your overall portfolio volatility.
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Is Agnico Eagle'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 Agnico Eagle. If investors know Agnico 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 Agnico Eagle 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 YOY
(0.64) 
Market Capitalization
23.8 B
Quarterly Revenue Growth YOY
0.47
Return On Assets
0.0515
Return On Equity
0.0497
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle'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 Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle'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 Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico Eagle value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle'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.