Fury Gold Mines Stock Alpha and Beta Analysis
| FURY Stock | USD 0.40 0.02 4.76% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fury Gold Mines. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fury Gold over a specified time horizon. Remember, high Fury Gold's 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. Key technical indicators related to Fury Gold's market risk premium analysis include:
Beta 0.2 | Alpha 0.14 | Risk 3.55 | Sharpe Ratio 0.0066 | Expected Return 0.0235 |
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.
Fury |
Fury Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fury Gold market risk premium is the additional return an investor will receive from holding Fury Gold 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 Fury Gold. 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 Fury Gold's performance over market.| α | 0.14 | β | 0.20 |
Fury Gold 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 Fury Gold's Buy-and-hold return. Our buy-and-hold chart shows how Fury Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Fury Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how Fury Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fury Gold shares will generate the highest return on investment. By understating and applying Fury Gold stock market price indicators, traders can identify Fury Gold position entry and exit signals to maximize returns.
Fury Gold Return and Market Media
The median price of Fury Gold for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.44 with a coefficient of variation of 7.25. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 0.43, and mean deviation of 0.03. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Resources Top 5 Lithium Australia builds its dreams as copper juniors rocket | 09/04/2024 |
2 | Beaver Creek Fury Gold CEO slams market for stalled share price despite Quebec discovery - The Northern Miner | 09/12/2024 |
3 | Fury Gold Mines Shares Up 5.1 percent - MarketBeat | 09/20/2024 |
4 | Market Highlights Wall Street takes quick breather, but expert says its momentum is unstoppable | 10/21/2024 |
5 | Break it Down Augustus adds new project to its legion | 11/05/2024 |
6 | Shock as China boy grabs girl in lift, drags her away, is arrested then freed | 11/07/2024 |
About Fury Gold 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 Fury or other stocks. Alpha measures the amount that position in Fury Gold 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.
Fury Gold Upcoming Company Events
As portrayed in its financial statements, the presentation of Fury Gold's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fury Gold's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Fury Gold's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Fury Gold. Please utilize our Beneish M Score to check the likelihood of Fury Gold's management manipulating its earnings.
| 22nd of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Fury Stock Analysis
When running Fury Gold's price analysis, check to measure Fury 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 Fury Gold is operating at the current time. Most of Fury Gold's value examination focuses on studying past and present price action to predict the probability of Fury Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fury Gold's price. Additionally, you may evaluate how the addition of Fury Gold to your portfolios can decrease your overall portfolio volatility.