Defiance Silver Corp Stock Price To Earnings To Growth
| DEF Stock | CAD 0.20 0.01 4.76% |
Defiance Silver Corp fundamentals help investors to digest information that contributes to Defiance Silver's financial success or failures. It also enables traders to predict the movement of Defiance Stock. The fundamental analysis module provides a way to measure Defiance Silver's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Defiance Silver stock.
Defiance | Price To Earnings To Growth |
Defiance Silver Corp Company Price To Earnings To Growth Analysis
Defiance Silver's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Defiance Price To Earnings To Growth Driver Correlations
Understanding the fundamental principles of building solid financial models for Defiance Silver is extremely important. It helps to project a fair market value of Defiance Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Defiance Silver's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Defiance Silver's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Defiance Silver's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Defiance Price Earnings To Growth Ratio
Price Earnings To Growth Ratio |
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Based on the latest financial disclosure, Defiance Silver Corp has a Price To Earnings To Growth of 0.0 times. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The price to earnings to growth for all Canada stocks is 100.0% higher than that of the company.
Defiance Silver Current Valuation Drivers
We derive many important indicators used in calculating different scores of Defiance Silver from analyzing Defiance Silver's financial statements. These drivers represent accounts that assess Defiance Silver's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Defiance Silver's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 33.8M | 134.3M | 52.9M | 36.4M | 32.8M | 25.9M | |
| Enterprise Value | 34.5M | 113.5M | 41.1M | 31.9M | 28.7M | 23.4M |
Defiance Fundamentals
| Return On Equity | -0.0521 | |||
| Return On Asset | -0.034 | |||
| Current Valuation | 46.22 M | |||
| Shares Outstanding | 256.14 M | |||
| Shares Owned By Insiders | 3.69 % | |||
| Shares Owned By Institutions | 16.99 % | |||
| Number Of Shares Shorted | 79.44 K | |||
| Price To Earning | (42.86) X | |||
| Price To Book | 1.16 X | |||
| Gross Profit | (139.6 K) | |||
| EBITDA | (3.79 M) | |||
| Net Income | (2.49 M) | |||
| Cash And Equivalents | 221.32 K | |||
| Total Debt | 1.42 M | |||
| Debt To Equity | 13.10 % | |||
| Current Ratio | 0.15 X | |||
| Book Value Per Share | 0.17 X | |||
| Cash Flow From Operations | (2.46 M) | |||
| Short Ratio | 0.03 X | |||
| Target Price | 1.4 | |||
| Beta | 2.94 | |||
| Market Capitalization | 49.95 M | |||
| Total Asset | 41.93 M | |||
| Retained Earnings | (19.85 M) | |||
| Working Capital | 3.79 M | |||
| Net Asset | 41.93 M |
About Defiance Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Defiance Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Defiance Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Defiance Silver Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Defiance 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 Defiance 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 Defiance Silver will appreciate offsetting losses from the drop in the long position's value.Moving against Defiance Stock
| 0.77 | THRM | Therma Bright | PairCorr |
| 0.68 | QBR-A | Quebecor Earnings Call This Week | PairCorr |
| 0.5 | GBLT | GBLT Corp | PairCorr |
The ability to find closely correlated positions to Defiance 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 Defiance 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 Defiance 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 Defiance Silver Corp to buy it.
The correlation of Defiance 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 Defiance Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Defiance 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 Defiance 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Defiance Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Defiance Stock analysis
When running Defiance Silver's price analysis, check to measure Defiance Silver's 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 Defiance Silver is operating at the current time. Most of Defiance Silver's value examination focuses on studying past and present price action to predict the probability of Defiance Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Defiance Silver's price. Additionally, you may evaluate how the addition of Defiance Silver to your portfolios can decrease your overall portfolio volatility.
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