Endeavour Other Stockholder Equity vs Common Stock Analysis

EDR Stock

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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 Other Stockholder Equity and its Common Stock 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.

Other Stockholder Equity vs Common Stock

Other Stockholder Equity vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Other Stockholder Equity account and Common Stock. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Endeavour Silver's Other Stockholder Equity and Common Stock is -0.12. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock 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 Other Stockholder Equity and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Endeavour Silver Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Stockholder Equity i.e., Endeavour Silver's Other Stockholder Equity and Common Stock go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Other Stockholder Equity

Common Stock

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

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Total Assets		0.22	0.57	0.77	0.99	0.96	-0.11	0.84	0.21	0.96	0.66	-0.23	0.24	0.01	0.44	0.62	0.66	0.67	0.64	-0.03	0.87	0.82	0.44	0.08	0.55	0.62
Short Long Term Debt Total	0.22		0.29	0.63	0.13	0.3	0.33	0.02	-0.02	0.23	-0.11	-0.01	-0.07	0.51	0.14	-0.01	0.23	0.21	-0.1	-0.11	0.48	0.05	0.06	0.71	0.09	0.39
Other Current Liab	0.57	0.29		0.73	0.58	0.5	-0.08	0.67	0.19	0.53	0.63	-0.14	0.16	-0.01	0.46	0.62	0.01	0.27	0.59	-0.11	0.43	0.66	0.28	0.09	0.55	0.61
Total Current Liabilities	0.77	0.63	0.73		0.72	0.79	0.15	0.76	0.1	0.78	0.55	-0.12	0.04	0.35	0.47	0.6	0.41	0.42	0.47	-0.36	0.82	0.68	0.24	0.22	0.54	0.66
Total Stockholder Equity	0.99	0.13	0.58	0.72		0.94	-0.18	0.86	0.25	0.94	0.72	-0.22	0.28	-0.1	0.47	0.69	0.57	0.62	0.69	-0.01	0.79	0.86	0.46	0.0	0.59	0.61
Property Plant And Equipment Net	0.96	0.3	0.5	0.79	0.94		0.14	0.76	-0.03	0.99	0.63	-0.3	-0.01	0.03	0.29	0.49	0.69	0.58	0.59	-0.14	0.9	0.81	0.21	0.1	0.4	0.51
Net Debt	-0.11	0.33	-0.08	0.15	-0.18	0.14		-0.2	-0.94	0.14	-0.02	-0.18	-0.94	0.22	-0.48	-0.41	0.14	-0.22	-0.15	-0.37	0.17	-0.04	-0.84	0.16	-0.5	-0.26
Accounts Payable	0.84	0.02	0.67	0.76	0.86	0.76	-0.2		0.26	0.8	0.78	-0.02	0.21	-0.03	0.63	0.89	0.29	0.38	0.75	-0.31	0.63	0.85	0.38	-0.33	0.75	0.64
Cash	0.21	-0.02	0.19	0.1	0.25	-0.03	-0.94	0.26		-0.05	0.01	0.2	0.97	-0.01	0.55	0.45	-0.05	0.3	0.11	0.3	0.01	0.08	0.91	0.05	0.57	0.38
Non Current Assets Total	0.96	0.23	0.53	0.78	0.94	0.99	0.14	0.8	-0.05		0.69	-0.28	-0.02	0.0	0.3	0.53	0.66	0.56	0.63	-0.16	0.87	0.84	0.19	0.04	0.41	0.5
Non Currrent Assets Other	0.66	-0.11	0.63	0.55	0.72	0.63	-0.02	0.78	0.01	0.69		-0.26	0.01	-0.31	0.3	0.75	0.0	0.09	0.73	-0.16	0.35	0.89	0.04	-0.26	0.47	0.36
Other Assets	-0.23	-0.01	-0.14	-0.12	-0.22	-0.3	-0.18	-0.02	0.2	-0.28	-0.26		0.13	0.23	0.37	0.17	-0.28	-0.08	-0.18	-0.14	-0.26	-0.37	0.09	-0.22	0.23	0.15
Cash And Short Term Investments	0.24	-0.07	0.16	0.04	0.28	-0.01	-0.94	0.21	0.97	-0.02	0.01	0.13		-0.08	0.48	0.38	0.04	0.41	0.1	0.49	0.04	0.08	0.93	0.15	0.5	0.36
Net Receivables	0.01	0.51	-0.01	0.35	-0.1	0.03	0.22	-0.03	-0.01	0.0	-0.31	0.23	-0.08		0.21	-0.1	0.28	0.2	-0.49	-0.18	0.36	-0.31	0.04	0.38	0.04	0.38
Common Stock Total Equity	0.44	0.14	0.46	0.47	0.47	0.29	-0.48	0.63	0.55	0.3	0.3	0.37	0.48	0.21		0.78	0.06	0.36	0.4	-0.09	0.28	0.34	0.65	-0.16	0.96	0.83
Common Stock Shares Outstanding	0.62	-0.01	0.62	0.6	0.69	0.49	-0.41	0.89	0.45	0.53	0.75	0.17	0.38	-0.1	0.78		-0.07	0.14	0.71	-0.26	0.31	0.73	0.45	-0.39	0.87	0.67
Non Current Liabilities Total	0.66	0.23	0.01	0.41	0.57	0.69	0.14	0.29	-0.05	0.66	0.0	-0.28	0.04	0.28	0.06	-0.07		0.8	0.09	0.17	0.85	0.25	0.29	0.36	0.06	0.29
Inventory	0.67	0.21	0.27	0.42	0.62	0.58	-0.22	0.38	0.3	0.56	0.09	-0.08	0.41	0.2	0.36	0.14	0.8		0.13	0.43	0.73	0.23	0.64	0.43	0.34	0.54
Other Current Assets	0.64	-0.1	0.59	0.47	0.69	0.59	-0.15	0.75	0.11	0.63	0.73	-0.18	0.1	-0.49	0.4	0.71	0.09	0.13		-0.16	0.35	0.85	0.19	-0.34	0.56	0.38
Other Stockholder Equity	-0.03	-0.11	-0.11	-0.36	-0.01	-0.14	-0.37	-0.31	0.3	-0.16	-0.16	-0.14	0.49	-0.18	-0.09	-0.26	0.17	0.43	-0.16		-0.09	-0.17	0.43	0.54	-0.12	0.08
Total Liab	0.87	0.48	0.43	0.82	0.79	0.9	0.17	0.63	0.01	0.87	0.35	-0.26	0.04	0.36	0.28	0.31	0.85	0.73	0.35	-0.09		0.57	0.3	0.33	0.33	0.56
Property Plant And Equipment Gross	0.82	0.05	0.66	0.68	0.86	0.81	-0.04	0.85	0.08	0.84	0.89	-0.37	0.08	-0.31	0.34	0.73	0.25	0.23	0.85	-0.17	0.57		0.18	-0.16	0.53	0.4
Total Current Assets	0.44	0.06	0.28	0.24	0.46	0.21	-0.84	0.38	0.91	0.19	0.04	0.09	0.93	0.04	0.65	0.45	0.29	0.64	0.19	0.43	0.3	0.18		0.19	0.66	0.58
Short Term Debt	0.08	0.71	0.09	0.22	0.0	0.1	0.16	-0.33	0.05	0.04	-0.26	-0.22	0.15	0.38	-0.16	-0.39	0.36	0.43	-0.34	0.54	0.33	-0.16	0.19		-0.22	0.18
Common Stock	0.55	0.09	0.55	0.54	0.59	0.4	-0.5	0.75	0.57	0.41	0.47	0.23	0.5	0.04	0.96	0.87	0.06	0.34	0.56	-0.12	0.33	0.53	0.66	-0.22		0.77
Current Deferred Revenue	0.62	0.39	0.61	0.66	0.61	0.51	-0.26	0.64	0.38	0.5	0.36	0.15	0.36	0.38	0.83	0.67	0.29	0.54	0.38	0.08	0.56	0.4	0.58	0.18	0.77

Click cells to compare fundamentals

Endeavour Silver Account Relationship Matchups

Endeavour Silver fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	163.7M	210.6M	294.0M	399.4M	474.8M	498.5M
Other Current Liab	1.9M	3.0M	4.2M	6.6M	7.8M	8.2M
Total Current Liabilities	24.8M	34.6M	40.6M	52.7M	58.2M	61.2M
Total Stockholder Equity	122.8M	159.1M	237.4M	315.9M	386.3M	405.7M
Net Debt	(13.3M)	(50.3M)	(91.8M)	(67.8M)	(25.8M)	(27.0M)
Accounts Payable	19.8M	27.8M	32.0M	39.8M	46.1M	48.5M
Cash	23.4M	61.1M	103.3M	83.4M	35.3M	36.6M
Non Current Assets Total	100.4M	105.6M	132.3M	253.1M	374.0M	392.7M
Non Currrent Assets Other	2.7M	3.6M	8.4M	17.0M	58.7M	61.6M
Other Assets	9.8M	16.3M	9.4M	565K	649.8K	617.3K
Cash And Short Term Investments	23.4M	65.9M	114.5M	92.0M	40.4M	41.4M
Net Receivables	23.0M	20.2M	14.6M	4.4M	6.6M	11.0M
Common Stock Total Equity	450.7M	459.1M	482.2M	517.7M	595.4M	381.7M
Common Stock Shares Outstanding	133.5M	154.0M	170.7M	185.3M	197.8M	207.7M
Liabilities And Stockholders Equity	163.7M	210.6M	294.0M	399.4M	474.8M	498.5M
Non Current Liabilities Total	16.1M	17.0M	16.1M	30.8M	30.2M	19.7M
Inventory	13.6M	16.6M	27.5M	19.2M	27.3M	16.3M
Other Current Assets	3.3M	2.3M	5.1M	30.7M	26.5M	27.8M
Other Stockholder Equity	11.5M	9.7M	6.3M	6.1M	4.6M	4.3M
Total Liab	40.9M	51.5M	56.6M	83.5M	88.5M	92.9M
Total Current Assets	63.3M	105.0M	161.8M	146.3M	100.8M	73.6M
Short Term Debt	3.1M	3.8M	4.3M	6.3M	4.3M	4.1M
Common Stock	482.2M	517.7M	585.4M	657.9M	722.7M	454.4M
Retained Earnings	(370.9M)	(368.3M)	(354.3M)	(348.1M)	(340.9M)	(323.9M)
Short Term Investments	69K	4.8M	11.2M	8.6M	5.1M	4.6M
Other Liab	9.1M	10.0M	8.9M	21.5M	19.4M	13.9M
Net Tangible Assets	121.8M	158.6M	237.4M	315.9M	363.3M	193.3M
Capital Surpluse	11.5M	9.7M	6.3M	6.1M	5.5M	6.8M
Long Term Debt Total	7.0M	7.0M	7.2M	9.3M	10.7M	11.2M
Cash And Equivalents	23.4M	61.1M	103.3M	83.4M	95.9M	65.2M

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

0.95	AG	First Majestic Silver	Pair Corr
0.92	IE	Ivanhoe Energy	Pair Corr
0.89	FDY	Faraday Copper Corp	Pair Corr

Moving against Endeavour Stock

0.51	INFM	Infinico Metals Corp	Pair Corr
0.37	UNH	UnitedHealth Group CDR	Pair Corr

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 Correlation Correlation 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:

How To Invest In Endeavour

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Is Endeavour Stock a good investment?

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What is Endeavour Silver's Net Worth?

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Largest Other Precious Metals & Mining Companies

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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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Endeavour Other Stockholder Equity vs Common Stock Analysis

Other Stockholder Equity vs Common Stock

Other Stockholder Equity vs Common Stock Correlation Analysis

Correlation Coefficient

Other Stockholder Equity

Common Stock

Endeavour Silver fundamental ratios Correlations

Endeavour Silver Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Endeavour Silver fundamental ratios Accounts

Pair Trading with Endeavour Silver

Moving together with Endeavour Stock

Moving against Endeavour Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Cash And Short Term Investments	+ 0.97	Cash
Property Plant And Equipment Net	+ 0.96	Total Assets
Non Current Assets Total	+ 0.96	Total Assets
Common Stock	+ 0.96	Common Stock Total Equity

Cash And Short Term Investments	- 0.94	Net Debt
Cash	- 0.94	Net Debt
Total Current Assets	- 0.84	Net Debt
Common Stock	- 0.5	Net Debt
Other Current Assets	- 0.49	Net Receivables
Common Stock Total Equity	- 0.48	Net Debt