Agnico-Eagle Stock Alpha and Beta Analysis

AEM
 Stock
  

USD 49.87  0.06  0.12%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Agnico-Eagle Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Agnico-Eagle Mines over a specified time horizon. Remember, high Agnico-Eagle Mines' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please continue to Agnico-Eagle Mines Backtesting, Agnico-Eagle Mines Valuation, Agnico-Eagle Mines Correlation, Agnico-Eagle Mines Hype Analysis, Agnico-Eagle Mines Volatility, Agnico-Eagle Mines History and analyze Agnico-Eagle Mines Performance.
  
Please note that although Agnico-Eagle Mines alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Agnico-Eagle Mines did 0.1  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Agnico-Eagle Mines stock's relative risk over its benchmark. Agnico-Eagle Mines has a beta of 1.45  . Let's try to break down what Agnico-Eagle's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Agnico-Eagle Mines will likely underperform.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Agnico-Eagle Mines Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Agnico-Eagle Mines market risk premium is the additional return an investor will receive from holding Agnico-Eagle Mines long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Agnico-Eagle Mines. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Agnico-Eagle Mines' performance over market.
α0.1   β1.45
90 days against DJI

Agnico-Eagle Mines expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Agnico-Eagle Mines' Buy-and-hold return. Our buy-and-hold chart shows how Agnico-Eagle Mines performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Agnico-Eagle Mines Market Price Analysis

Market price analysis indicators help investors to evaluate how Agnico-Eagle Mines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Agnico-Eagle Mines shares will generate the highest return on investment. By understating and applying Agnico-Eagle Mines stock market price indicators, traders can identify Agnico-Eagle Mines position entry and exit signals to maximize returns.

Agnico-Eagle Mines Return and Market Media

The median price of Agnico-Eagle Mines for the period between Mon, Aug 29, 2022 and Sun, Nov 27, 2022 is 43.0 with a coefficient of variation of 6.51. The daily time series for the period is distributed with a sample standard deviation of 2.83, arithmetic mean of 43.45, and mean deviation of 2.27. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Agnico Eagle Mines Limited Receives Consensus Rating of Buy ...09/08/2022
2
Other09/16/2022
3
Premier Leverage To Gold Prices Buy Agnico Eagle - Seeking A...09/21/2022
4
He Bet Against Subprime Mortgages, Now John Paulson Is Bulli...09/28/2022
5
EPS Estimate09/30/2022
6
Western Copper and Gold Resource Leverage On Spiking Metal P...10/11/2022
7
EPS Reported10/26/2022
8
Agnico Eagle Mines Limited Declares Quarterly Dividend of 0....10/28/2022
9
PAN AMERICAN AND AGNICO EAGLE CONFIRM TERMINATION OF THE GOL...11/08/2022

About Agnico-Eagle Mines Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Agnico-Eagle or other stocks. Alpha measures the amount that position in Agnico-Eagle Mines has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

Agnico-Eagle Mines Upcoming Company Events

As portrayed in its financial statements, the presentation of Agnico-Eagle Mines' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Agnico-Eagle Mines' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Agnico-Eagle Mines' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Agnico-Eagle Mines. Please utilize our Beneish M Score to check the likelihood of Agnico-Eagle Mines' management manipulating its earnings.
Upcoming Quarterly Report10th of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End10th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please continue to Agnico-Eagle Mines Backtesting, Agnico-Eagle Mines Valuation, Agnico-Eagle Mines Correlation, Agnico-Eagle Mines Hype Analysis, Agnico-Eagle Mines Volatility, Agnico-Eagle Mines History and analyze Agnico-Eagle Mines Performance. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Agnico-Eagle Mines 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.
A focus of Agnico-Eagle Mines technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Agnico-Eagle Mines trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...