Barrick Gold Corp

10-Year Study

ABX.TO · Basic Materials · CA · Common Stock

Executive Summary: Barrick Gold Corp has compounded at 12.5% annually over the last 10 years, with a maximum drawdown of 52.3% and an annualized volatility of 34.0%.

1Y CAGR
+140.0%
3Y CAGR
+40.2%
5Y CAGR
+18.6%
10Y CAGR
+12.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
52.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.48
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.98
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
37.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +173.9%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2017 · -14.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20264.111.2-17.92.3————————-2.7%
20256.68.68.9-5.90.67.73.225.924.80.727.52.3173.9%
2024-12.3-5.113.81.62.2-1.812.16.9-1.10.0-8.4-9.1-4.7%
202312.1-14.713.82.7-10.4-2.31.7-3.3-9.912.38.30.45.7%
20221.218.37.0-6.6-8.7-12.2-11.3-2.19.8-4.38.25.70.1%
2021-1.5-16.55.05.110.4-10.55.9-5.6-9.8-0.78.2-0.9-13.9%
20201.64.81.038.6-7.310.36.00.1-3.2-4.8-16.0-2.721.8%
2019-4.6-5.610.4-7.0-1.023.03.820.6-11.2-0.2-2.68.732.3%
2018-2.7-16.28.67.7-1.01.2-15.6-8.27.015.42.99.42.9%
201711.62.43.1-9.7-1.8-7.72.26.9-10.7-7.2-4.22.0-14.7%
2016———37.7-9.625.83.4-21.74.21.6-14.56.622.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 34.0%. The dominant macroeconomic risk driver is GLD.US, accounting for 34.9% of variance. Idiosyncratic stock-specific factors contribute 31.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0113769.860939005921
2016-05-0112451.94823075864
2016-06-0115667.217403276883
2016-07-0116195.51149662674
2016-08-0112676.02918904034
2016-09-0113210.587911331404
2016-10-0113421.038138510257
2016-11-0111474.528431777502
2016-12-0112237.574005231996
2017-01-0113655.514250309789
2017-02-0113978.452430125291
2017-03-0114406.168250034421
2017-04-0113014.59452017073
2017-05-0112781.632934049292
2017-06-0111803.249346000275
2017-07-0112060.718711276333
2017-08-0112889.646151727939
2017-09-0111508.398733305796
2017-10-0110683.119922896876
2017-11-0110234.544953875808
2017-12-0110441.2777089357
2018-01-0110159.85130111524
2018-02-018509.500206526229
2018-03-019240.671898664465
2018-04-019948.850337326174
2018-05-019850.06195786865
2018-06-019965.441277708935
2018-07-018413.258983890955
2018-08-017725.457799807242
2018-09-018269.379044471982
2018-10-019542.544403139198
2018-11-019819.840286383038
2018-12-0110744.4582128597
2019-01-0110254.784524301253
2019-02-019677.612556794713
2019-03-0110680.366239845793
2019-04-019928.266556519344
2019-05-019833.471017485888
2019-06-0112091.49111937216
2019-07-0112547.776400936253
2019-08-0115128.528156409198
2019-09-0113434.531185460553
2019-10-0113411.05603745009
2019-11-0113068.566707971911
2019-12-0114211.62054247556
2020-01-0114441.415393088255
2020-02-0115133.691312129973
2020-03-0115287.415668456559
2020-04-0121181.330028913675
2020-05-0119630.662260773785
2020-06-0121658.336775437147
2020-07-0122950.846757538206
2020-08-0122973.702326862178
2020-09-0122236.472532011565
2020-10-0121178.16329340493
2020-11-0117793.611455321494
2020-12-0117310.133553627977
2021-01-0117047.501032631146
2021-02-0114242.11758226628
2021-03-0114949.745284317776
2021-04-0115705.355913534353
2021-05-0117336.981963376016
2021-06-0115520.927991188213
2021-07-0116441.071182706874
2021-08-0115527.605672587084
2021-09-0114003.02905135619
2021-10-0113905.066776813988
2021-11-0115047.363348478591
2021-12-0114904.791408508881
2022-01-0115078.342282803249
2022-02-0117834.710174858876
2022-03-0119085.914911193722
2022-04-0117834.710174858876
2022-05-0116282.321354812062
2022-06-0114302.836293542614
2022-07-0112681.467713066226
2022-08-0112415.87498278948
2022-09-0113632.039102299324
2022-10-0113046.261875258158
2022-11-0114112.00605810271
2022-12-0114922.070769654412
2023-01-0116728.624535315987
2023-02-0114265.386204047916
2023-03-0116232.135481206114
2023-04-0116665.63403552251
2023-05-0114929.2991876635
2023-06-0114584.400385515628
2023-07-0114825.209968332645
2023-08-0114340.424067189868
2023-09-0112919.454770755887
2023-10-0114504.130524576622
2023-11-0115700.950020652625
2023-12-0115766.83188764973
2024-01-0113830.579650282252
2024-02-0113123.84689522236
2024-03-0114940.933498554316
2024-04-0115173.000137684152
2024-05-0115509.087154068568
2024-06-0115222.291064298499
2024-07-0117063.33471017486
2024-08-0118240.396530359354
2024-09-0118032.631144155308
2024-10-0118039.30882555418
2024-11-0116531.047776400937
2024-12-0115027.605672587086
2025-01-0116018.65620267107
2025-02-0117397.218780118408
2025-03-0118942.998760842627
2025-04-0117824.315021341044
2025-05-0117939.074762494834
2025-06-0119322.731653586674
2025-07-0119936.114553214924
2025-08-0125109.114690899078
2025-09-0131333.195649180783
2025-10-0131559.410711827073
2025-11-0140224.42516866309
2025-12-0141160.67740603056
2026-01-0142847.30827481757
2026-02-0147645.6009913259
2026-03-0139136.720363486165
2026-04-0140038.551562715125
Annual Return Matrix
YearAnnual Return
2017-0.14678532653026777
20180.0290367244675942
20190.32269308148698683
20200.21802671988684263
2021-0.13895572426793712
20220.0011593158650757829
20230.056611520682051
2024-0.0468848923062144
20251.7390043565698998
2026-0.027262083960528538
Total Factor Risk
0.3396100322063486
VTI.US Exposure
0.15077057933905108
VEA.US Exposure
0.19272314622585465
VWO.US Exposure
-0.01659459766846421
QQQ.US Exposure
-0.000018120775466597297
VTV.US Exposure
-0.024567735262067392
IJR.US Exposure
-0.01008399984307248
QUAL.US Exposure
-0.018231776607924917
SHV.US Exposure
0.004555160571168785
TLT.US Exposure
0.016748994179031855
LQD.US Exposure
-0.012990585297581582
HYG.US Exposure
0.019223052410587933
GLD.US Exposure
0.34948440832722844
USO.US Exposure
0.007200809572825821
VNQ.US Exposure
-0.007139468993231017
BTC-USD.CC Exposure
0.013866920838984302
CPER.US Exposure
0.0075955859441863595
VIX.INDX Exposure
-0.001359405641533388
UUP.US Exposure
-0.007118576218302008
TIP.US Exposure
0.02235385761352569
Idiosyncratic Exposure
0.3135817512851988
Value Score
44.3
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
10.2
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
34.0%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →14.3x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.85%
Market Cap$97.2B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$396
Avg Yield on Cost
3.96%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$395.843.96%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-4.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+15.4%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
19.1% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.11
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Barrick Gold Corp a high-risk investment?

Barrick Gold Corp (ABX.TO) has an annualized volatility of 34.0% and experienced a maximum drawdown of 52.3% over the last 10 years. Its primary macro risk driver is GLD.US.

What is the 10-year return of ABX.TO?

Over the past 10 years, ABX.TO has generated a Compound Annual Growth Rate (CAGR) of 12.5%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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