SilverCrest Selling General Administrative from 2010 to 2024
| SILV Stock | USD 8.92 0.14 1.55% |
Selling General Administrative | First Reported 2015-09-30 | Previous Quarter 6.9 M | Current Value 4.7 M | Quarterly Volatility 1.4 M |
Check SilverCrest Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SilverCrest main balance sheet or income statement drivers, such as Interest Income of 4.2 M, Discontinued Operations of 0.0 or Depreciation And Amortization of 23.4 M, as well as many exotic indicators such as Price To Sales Ratio of 3.6, Dividend Yield of 0.0 or PTB Ratio of 2.25. SilverCrest financial statements analysis is a perfect complement when working with SilverCrest Metals Valuation or Volatility modules.
SilverCrest | Selling General Administrative |
Latest SilverCrest Metals' Selling General Administrative Growth Pattern
Below is the plot of the Selling General Administrative of SilverCrest Metals over the last few years. It is SilverCrest Metals' Selling General Administrative historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SilverCrest Metals' overall financial position and show how it may be relating to other accounts over time.
| Selling General Administrative | 10 Years Trend |
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Selling General Administrative |
| Timeline |
SilverCrest Selling General Administrative Regression Statistics
| Arithmetic Mean | 4,793,043 | |
| Geometric Mean | 2,185,804 | |
| Coefficient Of Variation | 112.95 | |
| Mean Deviation | 4,122,098 | |
| Median | 3,569,475 | |
| Standard Deviation | 5,413,932 | |
| Sample Variance | 29.3T | |
| Range | 16.1M | |
| R-Value | 0.89 | |
| Mean Square Error | 6.4T | |
| R-Squared | 0.80 | |
| Slope | 1,081,928 | |
| Total Sum of Squares | 410.3T |
SilverCrest Selling General Administrative History
About SilverCrest Metals Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include SilverCrest Metals income statement, its balance sheet, and the statement of cash flows. SilverCrest Metals investors use historical funamental indicators, such as SilverCrest Metals's Selling General Administrative, to determine how well the company is positioned to perform in the future. Although SilverCrest Metals investors may use each financial statement separately, they are all related. The changes in SilverCrest Metals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on SilverCrest Metals's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on SilverCrest Metals Financial Statements. Understanding these patterns can help to make the right decision on long term investment in SilverCrest Metals. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Selling General Administrative | 15.8 M | 16.5 M |
Pair Trading with SilverCrest Metals
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 SilverCrest Metals 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 SilverCrest Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with SilverCrest Stock
| 0.84 | HL | Hecla Mining | PairCorr |
| 0.77 | VOXR | Vox Royalty Corp | PairCorr |
| 0.88 | ASM | Avino Silver Gold | PairCorr |
| 0.7 | BVN | Compania de Minas | PairCorr |
| 0.91 | EXK | Endeavour Silver Corp | PairCorr |
Moving against SilverCrest Stock
| 0.93 | MPVDF | Mountain Province | PairCorr |
| 0.91 | LODE | Comstock Mining | PairCorr |
| 0.78 | HL-PB | Hecla Mining | PairCorr |
The ability to find closely correlated positions to SilverCrest Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SilverCrest Metals 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 SilverCrest Metals - 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 SilverCrest Metals to buy it.
The correlation of SilverCrest Metals 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 SilverCrest Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SilverCrest Metals 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 SilverCrest Metals 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.Check out the analysis of SilverCrest Metals Correlation against competitors. For more information on how to buy SilverCrest Stock please use our How to Invest in SilverCrest Metals guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for SilverCrest Stock analysis
When running SilverCrest Metals' price analysis, check to measure SilverCrest Metals' 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 SilverCrest Metals is operating at the current time. Most of SilverCrest Metals' value examination focuses on studying past and present price action to predict the probability of SilverCrest Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SilverCrest Metals' price. Additionally, you may evaluate how the addition of SilverCrest Metals to your portfolios can decrease your overall portfolio volatility.
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Is SilverCrest Metals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SilverCrest Metals. If investors know SilverCrest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SilverCrest Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.278 | Earnings Share 0.84 | Revenue Per Share 1.708 | Quarterly Revenue Growth 0.098 | Return On Assets 0.1982 |
The market value of SilverCrest Metals is measured differently than its book value, which is the value of SilverCrest that is recorded on the company's balance sheet. Investors also form their own opinion of SilverCrest Metals' value that differs from its market value or its book value, called intrinsic value, which is SilverCrest Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SilverCrest Metals' market value can be influenced by many factors that don't directly affect SilverCrest Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SilverCrest Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if SilverCrest Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SilverCrest Metals' 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.