Silver Historical Financial Ratios
| SVB Stock | CAD 0.12 0.01 7.69% |
Silver Bull is promptly reporting on over 96 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 Book Value Per Share of 0.17, Invested Capital of 0.0, Average Payables of 207.9 K or Stock Based Compensation To Revenue of 0.0 will help investors to properly organize and evaluate Silver Bull Resources financial condition quickly.
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About Silver Financial Ratios Analysis
Silver Bull ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Silver Bull 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 Silver financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Silver Bull history.
Silver Bull Financial Ratios Chart
Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Silver Bull Resources stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Silver Bull sales, a figure that is much harder to manipulate than other Silver Bull Resources 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.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.Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Ev To Free Cash Flow
A valuation metric comparing the company's enterprise value to its free cash flow, used to evaluate whether a company is undervalued or overvalued.Most ratios from Silver Bull's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Silver Bull Resources 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silver Bull Resources. 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, Silver Bull's Average Payables is very stable compared to the past year. As of the 22nd of December 2024, Interest Coverage is likely to grow to 68.18, while Price To Sales Ratio is likely to drop about 3.6 M.
| 2023 | 2024 (projected) | PB Ratio | 0.58 | 0.55 | Capex To Depreciation | 1.92 | 1.82 |
Silver Bull fundamentals Correlations
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Silver Bull Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Silver Bull
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 Silver Bull 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 Silver Bull will appreciate offsetting losses from the drop in the long position's value.Moving against Silver Stock
| 0.55 | EIT-UN | Canoe EIT Income | PairCorr |
| 0.51 | FSZ | Fiera Capital | PairCorr |
| 0.49 | LAC | Lithium Americas Corp | PairCorr |
| 0.49 | DFN | Dividend 15 Split | PairCorr |
| 0.48 | DGS | Dividend Growth Split | PairCorr |
The ability to find closely correlated positions to Silver Bull could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Bull 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 Silver Bull - 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 Silver Bull Resources to buy it.
The correlation of Silver Bull 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 Silver Bull moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Bull Resources 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 Silver Bull 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 Silver Stock
Silver Bull ResourcesFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Silver Bull 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 Silver financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Silver Bull history.