Barrick Stock Performance

GOLD
 Stock
  

USD 16.32  0.45  2.84%   

On a scale of 0 to 100, Barrick Gold holds a performance score of 5. The firm shows a Beta (market volatility) of 1.1356, which signifies a somewhat significant risk relative to the market. Let's try to break down what Barrick's beta means in this case. Barrick Gold returns are very sensitive to returns on the market. As the market goes up or down, Barrick Gold is expected to follow. Although it is important to respect Barrick Gold Corp 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 Barrick Gold Corp technical indicators, you can presently evaluate if the expected return of 0.22% will be sustainable into the future. Please makes use of Barrick Gold Corp treynor ratio, expected short fall, day median price, as well as the relationship between the potential upside and accumulation distribution to make a quick decision on whether Barrick Gold price patterns will revert.
  
Barrick Performance
5 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Barrick Gold Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather sluggish essential indicators, Barrick Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0343
Payout Ratio
0.62
Last Split Factor
2:1
Forward Annual Dividend Rate
0.55
Dividend Date
2022-12-15
Ex Dividend Date
2022-11-29

Barrick Price Channel

Quick Ratio2.62
Fifty Two Week Low13.01
Target High Price25.00
Fifty Two Week High26.07
Payout Ratio45.79%
Trailing Annual Dividend Yield2.61%
Target Low Price15.00

Barrick Gold Relative Risk vs. Return Landscape

If you would invest  1,459  in Barrick Gold Corp on September 1, 2022 and sell it today you would earn a total of  173.00  from holding Barrick Gold Corp or generate 11.86% return on investment over 90 days. Barrick Gold Corp is currently generating 0.2216% in daily expected returns and assumes 2.9828% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of stocks are less volatile than Barrick, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Barrick Gold is expected to generate 2.12 times more return on investment than the market. However, the company is 2.12 times more volatile than its market benchmark. It trades about 0.07 of its potential returns per unit of risk. The DOW is currently generating roughly 0.11 per unit of risk.

Barrick Gold Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Barrick Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Barrick Gold Corp, and traders can use it to determine the average amount a Barrick Gold's 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 = 0.0743

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Estimated Market Risk
 2.98
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 0.22
  actual daily
 
 4 %
of total potential
 
44
Risk-Adjusted Return
 0.07
  actual daily
 
 5 %
of total potential
 
55
Based on monthly moving average Barrick Gold is performing at about 5% 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 Barrick Gold by adding it to a well-diversified portfolio.

About Barrick Gold Performance

To evaluate Barrick Gold Corp 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 Barrick Gold 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 Barrick 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 Barrick Gold Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Barrick'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.
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. Barrick Gold is traded on New York Stock Exchange in the United States.

Things to note about Barrick Gold Corp

Checking the ongoing alerts about Barrick Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Barrick Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Barrick Gold Alerts

Equity Alerts and Improvement Suggestions

About 62.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Barrick to Report Q3 Earnings Whats in the Offing - Zacks Investment Research
Please check Risk vs Return Analysis. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Barrick Gold Corp price analysis, check to measure Barrick Gold'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 Barrick Gold is operating at the current time. Most of Barrick Gold's value examination focuses on studying past and present price action to predict the probability of Barrick Gold's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Barrick Gold's price. Additionally, you may evaluate how the addition of Barrick Gold to your portfolios can decrease your overall portfolio volatility.
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Is Barrick Gold'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 Barrick Gold. 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 Gold 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
(0.30) 
Market Capitalization
27.5 B
Quarterly Revenue Growth YOY
(0.11) 
Return On Assets
0.0512
Return On Equity
0.0927
The market value of Barrick Gold Corp 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 Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold'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 Gold's market value can be influenced by many factors that don't directly affect Barrick Gold'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 Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine Barrick Gold value 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.