Dolly Varden Silver Stock Fundamentals
| DV Stock | CAD 0.95 0.01 1.04% |
Dolly Varden Silver fundamentals help investors to digest information that contributes to Dolly Varden's financial success or failures. It also enables traders to predict the movement of Dolly Stock. The fundamental analysis module provides a way to measure Dolly Varden's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dolly Varden stock.
Dolly |
Dolly Varden Silver Company Shares Outstanding Analysis
Dolly Varden's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Dolly Varden Shares Outstanding | 284.65 M |
Most of Dolly Varden's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dolly Varden Silver is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Dolly Varden Silver has 284.65 M of shares currently outstending. This is 53.66% lower than that of the Metals & Mining sector and 117.22% higher than that of the Materials industry. The shares outstanding for all Canada stocks is 50.22% higher than that of the company.
Dolly Varden Silver Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Dolly Varden's current stock value. Our valuation model uses many indicators to compare Dolly Varden value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Dolly Varden competition to find correlations between indicators driving Dolly Varden's intrinsic value. More Info.Dolly Varden Silver is rated # 2 in return on equity category among related companies. It is rated # 4 in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Dolly Varden by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Dolly Varden's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Dolly Varden's earnings, one of the primary drivers of an investment's value.Dolly Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dolly Varden's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dolly Varden could also be used in its relative valuation, which is a method of valuing Dolly Varden by comparing valuation metrics of similar companies.Dolly Varden is currently under evaluation in shares outstanding category among related companies.
Dolly Fundamentals
| Return On Equity | -0.3 | |||
| Return On Asset | -0.21 | |||
| Current Valuation | 263.28 M | |||
| Shares Outstanding | 284.65 M | |||
| Shares Owned By Insiders | 38.60 % | |||
| Shares Owned By Institutions | 12.77 % | |||
| Number Of Shares Shorted | 232.25 K | |||
| Price To Earning | (3.51) X | |||
| Price To Book | 3.65 X | |||
| EBITDA | (30.59 M) | |||
| Net Income | (26.65 M) | |||
| Cash And Equivalents | 21.44 M | |||
| Cash Per Share | 0.16 X | |||
| Debt To Equity | 1.41 % | |||
| Current Ratio | 13.19 X | |||
| Book Value Per Share | 0.30 X | |||
| Cash Flow From Operations | (28.99 M) | |||
| Short Ratio | 0.76 X | |||
| Earnings Per Share | (0.10) X | |||
| Target Price | 1.55 | |||
| Number Of Employees | 22 | |||
| Beta | 1.5 | |||
| Market Capitalization | 273.27 M | |||
| Total Asset | 82.75 M | |||
| Retained Earnings | (114.37 M) | |||
| Working Capital | 10.66 M | |||
| Net Asset | 82.75 M |
About Dolly Varden Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dolly Varden Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dolly Varden using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dolly Varden Silver based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Dolly Varden Silver Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. The company was incorporated in 2011 and is headquartered in Vancouver, Canada. DOLLY VARDEN operates under Silver classification in Exotistan and is traded on Commodity Exchange.
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 Dolly Varden 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, Dolly Varden's short interest history, or implied volatility extrapolated from Dolly Varden options trading.
Pair Trading with Dolly Varden
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 Dolly Varden 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 Dolly Varden will appreciate offsetting losses from the drop in the long position's value.Moving together with Dolly Stock
| 0.89 | EXN | Excellon Resources | PairCorr |
| 0.92 | ETG | Entree Resources Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Dolly Varden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dolly Varden 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 Dolly Varden - 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 Dolly Varden Silver to buy it.
The correlation of Dolly Varden 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 Dolly Varden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dolly Varden Silver 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 Dolly Varden 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolly Varden Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for Dolly Stock analysis
When running Dolly Varden's price analysis, check to measure Dolly Varden'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 Dolly Varden is operating at the current time. Most of Dolly Varden's value examination focuses on studying past and present price action to predict the probability of Dolly Varden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolly Varden's price. Additionally, you may evaluate how the addition of Dolly Varden to your portfolios can decrease your overall portfolio volatility.
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