Endeavour Dividend Yield vs Book Value Per Share Analysis

EDR Stock  CAD 5.86  0.09  1.56%   
Endeavour Silver financial indicator trend analysis is much more than just examining Endeavour Silver Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Silver Corp is a good investment. Please check the relationship between Endeavour Silver Dividend Yield and its Book Value Per Share accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour 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.

Dividend Yield vs Book Value Per Share

Dividend Yield vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Dividend Yield account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Endeavour Silver's Dividend Yield and Book Value Per Share is -0.46. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Endeavour Silver Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Silver's Dividend Yield and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of Endeavour Silver Corp are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Dividend Yield i.e., Endeavour Silver's Dividend Yield and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.46
Relationship DirectionNegative 
Relationship StrengthVery Weak

Dividend Yield

Dividend Yield is Endeavour Silver Corp dividend as a percentage of Endeavour Silver stock price. Endeavour Silver Corp dividend yield is a measure of Endeavour Silver stock productivity, which can be interpreted as interest rate earned on an Endeavour Silver investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.
Most indicators from Endeavour Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour Silver Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Endeavour 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, Endeavour Silver's Selling General Administrative is very stable compared to the past year. As of the 29th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.08, while Tax Provision is likely to drop about 7.1 M.

Endeavour Silver fundamental ratios Correlations

0.220.570.770.990.96-0.110.840.210.960.66-0.230.240.010.440.620.660.670.64-0.030.870.820.440.080.550.62
0.220.290.630.130.30.330.02-0.020.23-0.11-0.01-0.070.510.14-0.010.230.21-0.1-0.110.480.050.060.710.090.39
0.570.290.730.580.5-0.080.670.190.530.63-0.140.16-0.010.460.620.010.270.59-0.110.430.660.280.090.550.61
0.770.630.730.720.790.150.760.10.780.55-0.120.040.350.470.60.410.420.47-0.360.820.680.240.220.540.66
0.990.130.580.720.94-0.180.860.250.940.72-0.220.28-0.10.470.690.570.620.69-0.010.790.860.460.00.590.61
0.960.30.50.790.940.140.76-0.030.990.63-0.3-0.010.030.290.490.690.580.59-0.140.90.810.210.10.40.51
-0.110.33-0.080.15-0.180.14-0.2-0.940.14-0.02-0.18-0.940.22-0.48-0.410.14-0.22-0.15-0.370.17-0.04-0.840.16-0.5-0.26
0.840.020.670.760.860.76-0.20.260.80.78-0.020.21-0.030.630.890.290.380.75-0.310.630.850.38-0.330.750.64
0.21-0.020.190.10.25-0.03-0.940.26-0.050.010.20.97-0.010.550.45-0.050.30.110.30.010.080.910.050.570.38
0.960.230.530.780.940.990.140.8-0.050.69-0.28-0.020.00.30.530.660.560.63-0.160.870.840.190.040.410.5
0.66-0.110.630.550.720.63-0.020.780.010.69-0.260.01-0.310.30.750.00.090.73-0.160.350.890.04-0.260.470.36
-0.23-0.01-0.14-0.12-0.22-0.3-0.18-0.020.2-0.28-0.260.130.230.370.17-0.28-0.08-0.18-0.14-0.26-0.370.09-0.220.230.15
0.24-0.070.160.040.28-0.01-0.940.210.97-0.020.010.13-0.080.480.380.040.410.10.490.040.080.930.150.50.36
0.010.51-0.010.35-0.10.030.22-0.03-0.010.0-0.310.23-0.080.21-0.10.280.2-0.49-0.180.36-0.310.040.380.040.38
0.440.140.460.470.470.29-0.480.630.550.30.30.370.480.210.780.060.360.4-0.090.280.340.65-0.160.960.83
0.62-0.010.620.60.690.49-0.410.890.450.530.750.170.38-0.10.78-0.070.140.71-0.260.310.730.45-0.390.870.67
0.660.230.010.410.570.690.140.29-0.050.660.0-0.280.040.280.06-0.070.80.090.170.850.250.290.360.060.29
0.670.210.270.420.620.58-0.220.380.30.560.09-0.080.410.20.360.140.80.130.430.730.230.640.430.340.54
0.64-0.10.590.470.690.59-0.150.750.110.630.73-0.180.1-0.490.40.710.090.13-0.160.350.850.19-0.340.560.38
-0.03-0.11-0.11-0.36-0.01-0.14-0.37-0.310.3-0.16-0.16-0.140.49-0.18-0.09-0.260.170.43-0.16-0.09-0.170.430.54-0.120.08
0.870.480.430.820.790.90.170.630.010.870.35-0.260.040.360.280.310.850.730.35-0.090.570.30.330.330.56
0.820.050.660.680.860.81-0.040.850.080.840.89-0.370.08-0.310.340.730.250.230.85-0.170.570.18-0.160.530.4
0.440.060.280.240.460.21-0.840.380.910.190.040.090.930.040.650.450.290.640.190.430.30.180.190.660.58
0.080.710.090.220.00.10.16-0.330.050.04-0.26-0.220.150.38-0.16-0.390.360.43-0.340.540.33-0.160.19-0.220.18
0.550.090.550.540.590.4-0.50.750.570.410.470.230.50.040.960.870.060.340.56-0.120.330.530.66-0.220.77
0.620.390.610.660.610.51-0.260.640.380.50.360.150.360.380.830.670.290.540.380.080.560.40.580.180.77
Click cells to compare fundamentals

Endeavour Silver Account Relationship Matchups

Endeavour Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets163.7M210.6M294.0M399.4M474.8M498.5M
Other Current Liab1.9M3.0M4.2M6.6M7.8M8.2M
Total Current Liabilities24.8M34.6M40.6M52.7M58.2M61.2M
Total Stockholder Equity122.8M159.1M237.4M315.9M386.3M405.7M
Net Debt(13.3M)(50.3M)(91.8M)(67.8M)(25.8M)(27.0M)
Accounts Payable19.8M27.8M32.0M39.8M46.1M48.5M
Cash23.4M61.1M103.3M83.4M35.3M36.6M
Non Current Assets Total100.4M105.6M132.3M253.1M374.0M392.7M
Non Currrent Assets Other2.7M3.6M8.4M17.0M58.7M61.6M
Other Assets9.8M16.3M9.4M565K649.8K617.3K
Cash And Short Term Investments23.4M65.9M114.5M92.0M40.4M41.4M
Net Receivables23.0M20.2M14.6M4.4M6.6M11.0M
Common Stock Total Equity450.7M459.1M482.2M517.7M595.4M381.7M
Common Stock Shares Outstanding133.5M154.0M170.7M185.3M197.8M207.7M
Liabilities And Stockholders Equity163.7M210.6M294.0M399.4M474.8M498.5M
Non Current Liabilities Total16.1M17.0M16.1M30.8M30.2M19.7M
Inventory13.6M16.6M27.5M19.2M27.3M16.3M
Other Current Assets3.3M2.3M5.1M30.7M26.5M27.8M
Other Stockholder Equity11.5M9.7M6.3M6.1M4.6M4.3M
Total Liab40.9M51.5M56.6M83.5M88.5M92.9M
Total Current Assets63.3M105.0M161.8M146.3M100.8M73.6M
Short Term Debt3.1M3.8M4.3M6.3M4.3M4.1M
Common Stock482.2M517.7M585.4M657.9M722.7M454.4M
Retained Earnings(370.9M)(368.3M)(354.3M)(348.1M)(340.9M)(323.9M)
Short Term Investments69K4.8M11.2M8.6M5.1M4.6M
Other Liab9.1M10.0M8.9M21.5M19.4M13.9M
Net Tangible Assets121.8M158.6M237.4M315.9M363.3M193.3M
Capital Surpluse11.5M9.7M6.3M6.1M5.5M6.8M
Long Term Debt Total7.0M7.0M7.2M9.3M10.7M11.2M
Cash And Equivalents23.4M61.1M103.3M83.4M95.9M65.2M

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

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Moving against Endeavour Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Endeavour Silver Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Endeavour Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Endeavour Silver Corp Stock. Highlighted below are key reports to facilitate an investment decision about Endeavour Silver Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour 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.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.