Dolly Total Assets vs Common Stock Shares Outstanding 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 Total Assets and its Common Stock Shares Outstanding 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.

Total Assets vs Common Stock Shares Outstanding

Total Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolly Varden Silver Total Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Dolly Varden's Total Assets and Common Stock Shares Outstanding is 0.92. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Total Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Dolly Varden Silver are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Total Assets i.e., Dolly Varden's Total Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.92
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of Dolly Varden assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Dolly Varden Silver books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Common Stock Shares Outstanding

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

  0.74IE Ivanhoe EnergyPairCorr
  0.66FDY Faraday Copper CorpPairCorr

Moving against Dolly Stock

  0.65CVS 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Dolly Varden's price analysis, check to measure Dolly Varden'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 Dolly Varden is operating at the current time. Most of Dolly Varden's value examination focuses on studying past and present price action to predict the probability of Dolly Varden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dolly Varden's price. Additionally, you may evaluate how the addition of Dolly Varden to your portfolios can decrease your overall portfolio volatility.
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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.