Dolly Common Stock Shares Outstanding vs Other Current Assets Analysis

DV Stock  CAD 1.16  0.01  0.85%   
Dolly Varden financial indicator trend analysis is much more than just examining Dolly Varden Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dolly Varden Silver is a good investment. Please check the relationship between Dolly Varden Common Stock Shares Outstanding and its Other Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolly Varden Silver. 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.

Common Stock Shares Outstanding vs Other Current Assets

Common Stock Shares Outstanding vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolly Varden Silver Common Stock Shares Outstanding account and Other Current Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Dolly Varden's Common Stock Shares Outstanding and Other Current Assets is 0.64. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of Dolly Varden Silver, assuming nothing else is changed. The correlation between historical values of Dolly Varden's Common Stock Shares Outstanding and Other Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Dolly Varden Silver are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Dolly Varden's Common Stock Shares Outstanding and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.64
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from Dolly Varden's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dolly Varden Silver 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 Dolly Varden Silver. 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.
At this time, Dolly Varden's Selling General Administrative is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 15.6 M in 2024, whereas Enterprise Value Over EBITDA is likely to drop (7.30) in 2024.
 2021 2022 2023 2024 (projected)
Reconciled Depreciation37.0K62.0K54.9K35.3K
Interest Income73.6K257.1K904.6K949.8K

Dolly Varden fundamental ratios Correlations

0.70.61.00.97-0.67-0.810.630.970.63-0.230.590.650.070.50.210.92-0.180.630.250.970.140.950.94-0.67-0.67
0.70.880.680.59-0.77-0.40.780.590.78-0.210.870.780.090.35-0.170.47-0.070.230.090.540.280.550.52-0.02-0.02
0.60.880.580.51-0.62-0.360.650.510.65-0.041.00.640.50.27-0.270.390.40.090.240.450.110.470.44-0.01-0.01
1.00.680.580.98-0.66-0.820.620.980.62-0.230.570.640.060.50.220.93-0.190.630.250.970.140.960.95-0.68-0.68
0.970.590.510.98-0.48-0.750.441.00.44-0.180.50.460.080.40.330.88-0.150.620.20.970.220.920.98-0.74-0.74
-0.67-0.77-0.62-0.66-0.480.66-1.0-0.48-1.00.29-0.62-1.00.0-0.60.28-0.650.22-0.39-0.33-0.550.14-0.67-0.440.130.13
-0.81-0.4-0.36-0.82-0.750.66-0.63-0.75-0.630.25-0.35-0.64-0.09-0.68-0.04-0.960.12-0.54-0.55-0.820.38-0.94-0.750.670.67
0.630.780.650.620.44-1.0-0.630.441.0-0.280.641.00.040.61-0.320.61-0.170.350.340.51-0.130.630.39-0.06-0.06
0.970.590.510.981.0-0.48-0.750.440.44-0.180.50.460.080.40.330.88-0.150.620.20.970.220.920.98-0.74-0.74
0.630.780.650.620.44-1.0-0.631.00.44-0.280.641.00.040.61-0.320.61-0.170.350.340.51-0.130.630.39-0.06-0.06
-0.23-0.21-0.04-0.23-0.180.290.25-0.28-0.18-0.280.03-0.280.42-0.23-0.24-0.310.35-0.290.28-0.29-0.12-0.3-0.260.130.13
0.590.871.00.570.5-0.62-0.350.640.50.640.030.640.530.26-0.290.380.410.090.260.440.080.460.430.00.0
0.650.780.640.640.46-1.0-0.641.00.461.0-0.280.640.020.64-0.280.63-0.190.360.330.53-0.110.650.41-0.08-0.08
0.070.090.50.060.080.0-0.090.040.080.040.420.530.02-0.12-0.290.040.860.00.310.06-0.30.080.1-0.01-0.01
0.50.350.270.50.4-0.6-0.680.610.40.61-0.230.260.64-0.120.170.6-0.150.10.430.43-0.20.570.34-0.16-0.16
0.21-0.17-0.270.220.330.28-0.04-0.320.33-0.32-0.24-0.29-0.28-0.290.170.19-0.320.13-0.540.340.30.170.41-0.46-0.46
0.920.470.390.930.88-0.65-0.960.610.880.61-0.310.380.630.040.60.19-0.190.640.380.94-0.160.990.88-0.76-0.76
-0.18-0.070.4-0.19-0.150.220.12-0.17-0.15-0.170.350.41-0.190.86-0.15-0.32-0.19-0.330.31-0.21-0.25-0.18-0.160.160.16
0.630.230.090.630.62-0.39-0.540.350.620.35-0.290.090.360.00.10.130.64-0.330.140.690.10.660.67-0.56-0.56
0.250.090.240.250.2-0.33-0.550.340.20.340.280.260.330.310.43-0.540.380.310.140.16-0.480.360.08-0.13-0.13
0.970.540.450.970.97-0.55-0.820.510.970.51-0.290.440.530.060.430.340.94-0.210.690.160.090.960.99-0.79-0.79
0.140.280.110.140.220.140.38-0.130.22-0.13-0.120.08-0.11-0.3-0.20.3-0.16-0.250.1-0.480.09-0.10.170.150.15
0.950.550.470.960.92-0.67-0.940.630.920.63-0.30.460.650.080.570.170.99-0.180.660.360.96-0.10.91-0.74-0.74
0.940.520.440.950.98-0.44-0.750.390.980.39-0.260.430.410.10.340.410.88-0.160.670.080.990.170.91-0.79-0.79
-0.67-0.02-0.01-0.68-0.740.130.67-0.06-0.74-0.060.130.0-0.08-0.01-0.16-0.46-0.760.16-0.56-0.13-0.790.15-0.74-0.791.0
-0.67-0.02-0.01-0.68-0.740.130.67-0.06-0.74-0.060.130.0-0.08-0.01-0.16-0.46-0.760.16-0.56-0.13-0.790.15-0.74-0.791.0
Click cells to compare fundamentals

Dolly Varden Account Relationship Matchups

Dolly Varden fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.4M28.1M20.2M100.2M82.7M86.9M
Other Current Liab282.7K1.3M222.3K3.8M657.6K721.8K
Total Current Liabilities363.0K1.4M343.7K4.1M804.1K1.0M
Total Stockholder Equity8.0M26.7M19.8M96.1M81.9M86.0M
Property Plant And Equipment Net3.8M4.1M4.3M71.2M71.1M74.7M
Net Debt(3.8M)(23.6M)(15.5M)(28.5M)(10.0M)(10.5M)
Retained Earnings(53.0M)(60.2M)(68.5M)(87.7M)(114.4M)(108.7M)
Cash3.8M23.6M15.5M28.5M10.0M7.9M
Non Current Assets Total3.9M4.2M4.4M71.3M71.3M74.8M
Cash And Short Term Investments3.8M23.6M15.5M28.5M10.0M7.9M
Liabilities And Stockholders Equity8.4M28.1M20.2M100.2M82.7M86.9M
Other Stockholder Equity6.4M7.1M8.3M9.9M8.9M13.5M
Total Liab363.0K1.4M343.7K4.1M804.1K1.1M
Total Current Assets4.5M23.9M15.8M28.9M11.5M8.5M
Accounts Payable80.3K93.4K121.4K285.4K146.4K190.0K
Net Receivables566.6K96.8K96.5K132.3K967.3K1.0M
Common Stock Shares Outstanding68.1M102.8M130.7M215.0M270.1M283.6M
Other Current Assets58.5K90.6K250.4K285.8K328.7K345.1K
Accumulated Other Comprehensive Income6.4M7.1M8.3M9.9M11.6M6.1M
Net Tangible Assets8.0M26.7M19.8M96.1M110.6M116.1M
Common Stock54.6M79.8M80.0M174.0M184.8M194.0M
Property Plant Equipment3.8M4.1M4.3M71.2M81.8M85.9M
Net Invested Capital8.0M26.7M19.8M96.1M81.9M86.0M
Net Working Capital4.1M22.5M15.5M24.8M10.7M13.5M
Capital Stock54.6M79.8M80.0M174.0M184.8M114.0M

Pair Trading with Dolly Varden

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 Dolly Varden 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 Dolly Varden will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dolly Stock

  0.9IE Ivanhoe EnergyPairCorr
  0.82FDY Faraday Copper CorpPairCorr

Moving against Dolly Stock

  0.75CVS CVS HEALTH CDRPairCorr
The ability to find closely correlated positions to Dolly Varden could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dolly Varden 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 Dolly Varden - 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 Dolly Varden Silver to buy it.
The correlation of Dolly Varden 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 Dolly Varden moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dolly Varden Silver 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 Dolly Varden 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
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dolly Varden Silver. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Please note, there is a significant difference between Dolly Varden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolly Varden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolly Varden'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.