Dolly Total Liab vs Net Receivables 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 Liab and its Net Receivables 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 Liab vs Net Receivables
Total Liab vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dolly Varden Silver Total Liab account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Dolly Varden's Total Liab and Net Receivables is -0.29. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Receivables 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 Liab and Net Receivables 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 Liab of Dolly Varden Silver are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Liab i.e., Dolly Varden's Total Liab and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.29 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Net Receivables
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 Depreciation | 37.0K | 62.0K | 54.9K | 35.3K | Interest Income | 73.6K | 257.1K | 904.6K | 949.8K |
Dolly Varden fundamental ratios Correlations
Click cells to compare fundamentals
Dolly Varden Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dolly Varden fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.4M | 28.1M | 20.2M | 100.2M | 82.7M | 86.9M | |
Other Current Liab | 282.7K | 1.3M | 222.3K | 3.8M | 657.6K | 721.8K | |
Total Current Liabilities | 363.0K | 1.4M | 343.7K | 4.1M | 804.1K | 1.0M | |
Total Stockholder Equity | 8.0M | 26.7M | 19.8M | 96.1M | 81.9M | 86.0M | |
Property Plant And Equipment Net | 3.8M | 4.1M | 4.3M | 71.2M | 71.1M | 74.7M | |
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) | |
Cash | 3.8M | 23.6M | 15.5M | 28.5M | 10.0M | 7.9M | |
Non Current Assets Total | 3.9M | 4.2M | 4.4M | 71.3M | 71.3M | 74.8M | |
Cash And Short Term Investments | 3.8M | 23.6M | 15.5M | 28.5M | 10.0M | 7.9M | |
Liabilities And Stockholders Equity | 8.4M | 28.1M | 20.2M | 100.2M | 82.7M | 86.9M | |
Other Stockholder Equity | 6.4M | 7.1M | 8.3M | 9.9M | 8.9M | 13.5M | |
Total Liab | 363.0K | 1.4M | 343.7K | 4.1M | 804.1K | 1.1M | |
Total Current Assets | 4.5M | 23.9M | 15.8M | 28.9M | 11.5M | 8.5M | |
Accounts Payable | 80.3K | 93.4K | 121.4K | 285.4K | 146.4K | 190.0K | |
Net Receivables | 566.6K | 96.8K | 96.5K | 132.3K | 967.3K | 1.0M | |
Common Stock Shares Outstanding | 68.1M | 102.8M | 130.7M | 215.0M | 270.1M | 283.6M | |
Other Current Assets | 58.5K | 90.6K | 250.4K | 285.8K | 328.7K | 345.1K | |
Accumulated Other Comprehensive Income | 6.4M | 7.1M | 8.3M | 9.9M | 11.6M | 6.1M | |
Net Tangible Assets | 8.0M | 26.7M | 19.8M | 96.1M | 110.6M | 116.1M | |
Common Stock | 54.6M | 79.8M | 80.0M | 174.0M | 184.8M | 194.0M | |
Property Plant Equipment | 3.8M | 4.1M | 4.3M | 71.2M | 81.8M | 85.9M | |
Net Invested Capital | 8.0M | 26.7M | 19.8M | 96.1M | 81.9M | 86.0M | |
Net Working Capital | 4.1M | 22.5M | 15.5M | 24.8M | 10.7M | 13.5M | |
Capital Stock | 54.6M | 79.8M | 80.0M | 174.0M | 184.8M | 114.0M |
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
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Moving against Dolly Stock
0.75 | CVS | CVS HEALTH CDR | PairCorr |
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.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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Dolly Stock analysis
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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