Closing Bell Silver Range Resources Ltd down on Friday - Barchart
| SNG Stock | CAD 0.08 0.01 14.29% |
Slightly above 55% of Silver Range's sophisticated investors are presently thinking to get in. The current sentiment regarding investing in Silver Range Resources stock implies that some traders are interested. Silver Range's investing sentiment can be driven by a variety of factors including economic data, Silver Range's earnings reports, geopolitical events, and overall market trends.
Silver Range stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Silver daily returns and investor perception about the current price of Silver Range Resources as well as its diversification or hedging effects on your existing portfolios.
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Closing Bell Silver Range Resources Ltd down on Friday Barchart
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Silver Range Fundamental Analysis
We analyze Silver Range's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Silver Range using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Silver Range 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.
Current Valuation
Current Valuation Comparative Analysis
Silver Range is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Silver Range Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Silver Range stock to make a market-neutral strategy. Peer analysis of Silver Range could also be used in its relative valuation, which is a method of valuing Silver Range by comparing valuation metrics with similar companies.
Peers
Silver Range Related Equities
| ABR | Arbor Metals | 34.62 | ||||
| XXIX | XXIX Metal | 8.33 | ||||
| VBNK | VersaBank | 2.73 | ||||
| OLY | Olympia Financial | 0.30 | ||||
| NA-PW | National Bank | 0.20 | ||||
| FSY | Forsys Metals | 1.35 |
Additional Tools for Silver Stock Analysis
When running Silver Range's price analysis, check to measure Silver Range'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 Silver Range is operating at the current time. Most of Silver Range's value examination focuses on studying past and present price action to predict the probability of Silver Range's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silver Range's price. Additionally, you may evaluate how the addition of Silver Range to your portfolios can decrease your overall portfolio volatility.