Agnico-Eagle Stock Performance

AEM
 Stock
  

USD 45.13  0.70  1.58%   

The firm shows a Beta (market volatility) of 0.1902, which signifies not very significant fluctuations relative to the market. Let's try to break down what Agnico-Eagle's beta means in this case. As returns on the market increase, Agnico-Eagle Mines returns are expected to increase less than the market. However, during the bear market, the loss on holding Agnico-Eagle Mines will be expected to be smaller as well. Although it is important to respect Agnico-Eagle Mines historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Agnico-Eagle Mines technical indicators, you can presently evaluate if the expected return of 0.0353% will be sustainable into the future. Agnico-Eagle Mines right now shows a risk of 2.73%. Please confirm Agnico-Eagle Mines total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power to decide if Agnico-Eagle Mines will be following its price patterns.
  
Agnico-Eagle Performance
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Over the last 90 days Agnico-Eagle Mines has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively steady technical and fundamental indicators, Agnico-Eagle Mines is not utilizing all of its potentials. The new stock price chaos, may contribute to medium-term losses for the stakeholders. ...more

Agnico-Eagle Price Channel

Quick Ratio1.11
Fifty Two Week Low36.69
Target High Price104.59
Fifty Two Week High67.14
Payout Ratio86.21%
Trailing Annual Dividend Yield2.50%
Target Low Price76.90

Agnico-Eagle Mines Relative Risk vs. Return Landscape

If you would invest  4,517  in Agnico-Eagle Mines on July 8, 2022 and sell it today you would lose (4.00)  from holding Agnico-Eagle Mines or give up 0.09% of portfolio value over 90 days. Agnico-Eagle Mines is generating 0.0353% of daily returns assuming volatility of 2.7345% on return distribution over 90 days investment horizon. In other words, 23% of stocks are less volatile than Agnico-Eagle, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Agnico-Eagle Mines is expected to generate 2.19 times more return on investment than the market. However, the company is 2.19 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of risk.

Agnico-Eagle Mines Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Agnico-Eagle Mines' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Agnico-Eagle Mines, and traders can use it to determine the average amount a Agnico-Eagle Mines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0129

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Estimated Market Risk
 2.73
  actual daily
 
 23 %
of total potential
 
2323
Expected Return
 0.04
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Based on monthly moving average Agnico-Eagle Mines is performing at about 0% of its full potential. 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 Agnico-Eagle Mines by adding it to a well-diversified portfolio.

About Agnico-Eagle Mines Performance

To evaluate Agnico-Eagle Mines Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Agnico-Eagle Mines generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Agnico-Eagle Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Agnico-Eagle Mines market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Agnico-Eagle's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties in Canada, Mexico, and Finland. The company was incorporated in 1953 and is headquartered in Toronto, Canada. Agnico-Eagle Mines operates under Gold classification in the United States and is traded on New York Stock Exchange. It employs 6810 people.

Things to note about Agnico-Eagle Mines

Checking the ongoing alerts about Agnico-Eagle Mines for important developments is a great way to find new opportunities for your next move. 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 Alerts

Equity Alerts and Improvement Suggestions

About 65.0% of the company shares are held by institutions such as insurance companies
On 15th of September 2022 Agnico-Eagle Mines paid $ 0.4 per share dividend to its current shareholders
Latest headline from seekingalpha.com: Bluelight Special On Gold Buy Barrick - Seeking Alpha
Please continue to Trending Equities. Note that the Agnico-Eagle Mines information on this page should be used as a complementary analysis to other Agnico-Eagle Mines' 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Agnico-Eagle Mines price analysis, check to measure Agnico-Eagle Mines' 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 Mines is operating at the current time. Most of Agnico-Eagle Mines' value examination focuses on studying past and present price action to predict the probability of Agnico-Eagle Mines' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Agnico-Eagle Mines' price. Additionally, you may evaluate how the addition of Agnico-Eagle Mines to your portfolios can decrease your overall portfolio volatility.
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Is Agnico-Eagle Mines' 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 Mines. If investors know Agnico-Eagle 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 Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Agnico-Eagle Mines is measured differently than its book value, which is the value of Agnico-Eagle that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico-Eagle Mines' value that differs from its market value or its book value, called intrinsic value, which is Agnico-Eagle Mines' 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 Mines' market value can be influenced by many factors that don't directly affect Agnico-Eagle Mines' 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 Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico-Eagle Mines value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico-Eagle Mines' 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.