Endeavour Net Invested Capital from 2010 to 2026
| EDR Stock | CAD 13.48 1.07 8.62% |
Net Invested Capital | First Reported 2020-03-31 | Previous Quarter 665.7 M | Current Value 636.9 M | Quarterly Volatility 161.8 M |
Check Endeavour Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endeavour Silver's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22 M, Interest Expense of 800 K or Selling General Administrative of 8.9 M, as well as many indicators such as Price To Sales Ratio of 4.45, Dividend Yield of 0.0481 or PTB Ratio of 2.0. Endeavour financial statements analysis is a perfect complement when working with Endeavour Silver Valuation or Volatility modules.
Endeavour | Net Invested Capital |
Latest Endeavour Silver's Net Invested Capital Growth Pattern
Below is the plot of the Net Invested Capital of Endeavour Silver Corp over the last few years. It is the total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents. Endeavour Silver's Net Invested Capital 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.
| Net Invested Capital | 10 Years Trend |
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Net Invested Capital |
| Timeline |
Endeavour Net Invested Capital Regression Statistics
| Arithmetic Mean | 271,804,800 | |
| Geometric Mean | 220,305,541 | |
| Coefficient Of Variation | 76.48 | |
| Mean Deviation | 164,285,835 | |
| Median | 146,517,000 | |
| Standard Deviation | 207,876,933 | |
| Sample Variance | 43212.8T | |
| Range | 598.5M | |
| R-Value | 0.81 | |
| Mean Square Error | 16000.4T | |
| R-Squared | 0.65 | |
| Significance | 0.000087 | |
| Slope | 33,262,152 | |
| Total Sum of Squares | 691405.1T |
Endeavour Net Invested Capital History
About Endeavour Silver Financial Statements
Endeavour Silver investors utilize fundamental indicators, such as Net Invested Capital, to predict how Endeavour Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Invested Capital | 695.4 M | 730.1 M |
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
Moving against Endeavour Stock
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.