Endeavour Price Fair Value from 2010 to 2024
| EXK Stock | USD 2.67 0.04 1.52% |
Price Fair Value | First Reported 2010-12-31 | Previous Quarter 1.00466309 | Current Value 0.95 | Quarterly Volatility 2.3 K |
Check Endeavour Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endeavour main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.8 M, Interest Expense of 876.3 K or Total Revenue of 126 M, as well as many exotic indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0034 or PTB Ratio of 0.95. Endeavour financial statements analysis is a perfect complement when working with Endeavour Silver Valuation or Volatility modules.
Endeavour | Price Fair Value |
Latest Endeavour Silver's Price Fair Value Growth Pattern
Below is the plot of the Price Fair Value of Endeavour Silver Corp over the last few years. It is Endeavour Silver's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Endeavour Silver's overall financial position and show how it may be relating to other accounts over time.
| Price Fair Value | 10 Years Trend |
|
Price Fair Value |
| Timeline |
Endeavour Price Fair Value Regression Statistics
| Arithmetic Mean | 601.85 | |
| Geometric Mean | 3.69 | |
| Coefficient Of Variation | 385.78 | |
| Mean Deviation | 1,119 | |
| Median | 2.26 | |
| Standard Deviation | 2,322 | |
| Sample Variance | 5.4M | |
| Range | 9K | |
| R-Value | (0.43) | |
| Mean Square Error | 4.7M | |
| R-Squared | 0.19 | |
| Significance | 0.11 | |
| Slope | (224.86) | |
| Total Sum of Squares | 75.5M |
Endeavour Price Fair Value History
About Endeavour Silver Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Endeavour Silver income statement, its balance sheet, and the statement of cash flows. Endeavour Silver investors use historical funamental indicators, such as Endeavour Silver's Price Fair Value, to determine how well the company is positioned to perform in the future. Although Endeavour Silver investors may use each financial statement separately, they are all related. The changes in Endeavour Silver's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Endeavour Silver's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Endeavour Silver Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Endeavour Silver. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Price Fair Value | 1.00 | 0.95 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Endeavour Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Endeavour Silver's short interest history, or implied volatility extrapolated from Endeavour Silver options trading.
Pair Trading with Endeavour Silver
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Endeavour Silver position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Endeavour Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
| 0.98 | HL | Hecla Mining Financial Report 8th of May 2024 | PairCorr |
| 0.81 | VOXR | Vox Royalty Corp | PairCorr |
| 0.98 | ASM | Avino Silver Gold Financial Report 8th of May 2024 | PairCorr |
Moving against Endeavour Stock
| 0.95 | MPVDF | Mountain Province Earnings Call This Week | PairCorr |
| 0.8 | X | United States Steel | PairCorr |
| 0.48 | HL-PB | Hecla Mining | PairCorr |
| 0.46 | ATLX | Atlas Lithium Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Endeavour Silver could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Silver when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Endeavour Silver - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Endeavour Silver Corp to buy it.
The correlation of Endeavour Silver is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Endeavour Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Silver Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Endeavour Silver can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Endeavour Silver Correlation against competitors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Endeavour Stock analysis
When running Endeavour Silver's price analysis, check to measure Endeavour Silver'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 Endeavour Silver is operating at the current time. Most of Endeavour Silver's value examination focuses on studying past and present price action to predict the probability of Endeavour Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Endeavour Silver's price. Additionally, you may evaluate how the addition of Endeavour Silver to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |
Is Endeavour Silver'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 Endeavour Silver. If investors know Endeavour 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 Endeavour Silver 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 (0.73) | Earnings Share 0.03 | Revenue Per Share 1.048 | Quarterly Revenue Growth (0.38) | Return On Assets 0.0116 |
The market value of Endeavour Silver Corp is measured differently than its book value, which is the value of Endeavour that is recorded on the company's balance sheet. Investors also form their own opinion of Endeavour Silver's value that differs from its market value or its book value, called intrinsic value, which is Endeavour Silver'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 Endeavour Silver's market value can be influenced by many factors that don't directly affect Endeavour Silver'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 Endeavour Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endeavour Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endeavour Silver'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.