Discovery Historical Financial Ratios
| DSV Stock | 2.11 0.14 7.11% |
Discovery Silver is recently reporting on over 72 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 0.35 or Book Value Per Share of 0.41 will help investors to properly organize and evaluate Discovery Silver Corp financial condition quickly.
Discovery |
About Discovery Financial Ratios Analysis
Discovery Silver CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Discovery Silver investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Discovery financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Discovery Silver history.
Discovery Silver Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Discovery Silver Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Discovery Silver sales, a figure that is much harder to manipulate than other Discovery Silver Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Revenue Per Share
The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.Most ratios from Discovery Silver's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Discovery Silver Corp current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Discovery Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Discovery Silver's EV To Sales is very stable compared to the past year. As of the 28th of March 2025, Days Payables Outstanding is likely to grow to 2,608, while Days Sales Outstanding is likely to drop 0.35.
| 2024 | 2025 (projected) | Interest Debt Per Share | 0.00129 | 0.001226 | Revenue Per Share | 0.00784 | 0.007448 |
Discovery Silver fundamentals Correlations
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Discovery Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Discovery 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 Discovery 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 Discovery Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Discovery Stock
Moving against Discovery Stock
| 0.83 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.67 | IE | Ivanhoe Energy | PairCorr |
| 0.67 | AAPL | Apple Inc CDR | PairCorr |
| 0.66 | GOOG | Alphabet CDR | PairCorr |
| 0.54 | AMZN | Amazon CDR | PairCorr |
The ability to find closely correlated positions to Discovery 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 Discovery 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 Discovery 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 Discovery Silver Corp to buy it.
The correlation of Discovery 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 Discovery Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discovery 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 Discovery 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.Other Information on Investing in Discovery Stock
Discovery Silver CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Discovery Silver investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Discovery financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Discovery Silver history.