Golden Total Debt To Capitalization from 2010 to 2024
| AUMN Stock | USD 0.65 0.02 2.99% |
Total Debt To Capitalization | First Reported 2010-12-31 | Previous Quarter 0.02535265 | Current Value 0.0241 | Quarterly Volatility 0.13124132 |
Check Golden Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden main balance sheet or income statement drivers, such as Depreciation And Amortization of 785.6 K, Interest Expense of 30.4 K or Selling General Administrative of 9.1 M, as well as many exotic indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0 or PTB Ratio of 0.82. Golden financial statements analysis is a perfect complement when working with Golden Minerals Valuation or Volatility modules.
Golden | Total Debt To Capitalization |
Latest Golden Minerals' Total Debt To Capitalization Growth Pattern
Below is the plot of the Total Debt To Capitalization of Golden Minerals over the last few years. It is Golden Minerals' Total Debt To Capitalization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Minerals' overall financial position and show how it may be relating to other accounts over time.
| Total Debt To Capitalization | 10 Years Trend |
|
Total Debt To Capitalization |
| Timeline |
Golden Total Debt To Capitalization Regression Statistics
| Arithmetic Mean | 0.16 | |
| Geometric Mean | 0.1 | |
| Coefficient Of Variation | 82.06 | |
| Mean Deviation | 0.11 | |
| Median | 0.13 | |
| Standard Deviation | 0.13 | |
| Sample Variance | 0.02 | |
| Range | 0.3025 | |
| R-Value | (0.66) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.44 | |
| Significance | 0.01 | |
| Slope | (0.02) | |
| Total Sum of Squares | 0.24 |
Golden Total Debt To Capitalization History
About Golden Minerals Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Golden Minerals income statement, its balance sheet, and the statement of cash flows. Golden Minerals investors use historical funamental indicators, such as Golden Minerals's Total Debt To Capitalization, to determine how well the company is positioned to perform in the future. Although Golden Minerals investors may use each financial statement separately, they are all related. The changes in Golden Minerals's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Golden Minerals'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 Golden Minerals Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Golden Minerals. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Debt To Capitalization | 0.03 | 0.02 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golden Minerals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golden Minerals' short interest history, or implied volatility extrapolated from Golden Minerals options trading.
Pair Trading with Golden Minerals
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 Golden Minerals 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 Golden Minerals will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Golden Minerals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Minerals 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 Golden Minerals - 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 Golden Minerals to buy it.
The correlation of Golden Minerals 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 Golden Minerals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Minerals 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 Golden Minerals 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 Golden Minerals Correlation against competitors. To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Golden Stock analysis
When running Golden Minerals' price analysis, check to measure Golden Minerals' 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 Golden Minerals is operating at the current time. Most of Golden Minerals' value examination focuses on studying past and present price action to predict the probability of Golden Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Golden Minerals' price. Additionally, you may evaluate how the addition of Golden Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Golden Minerals' 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 Golden Minerals. If investors know Golden 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 Golden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.08) | Revenue Per Share 1.405 | Quarterly Revenue Growth (0.94) | Return On Assets (0.33) | Return On Equity (1.59) |
The market value of Golden Minerals is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Golden Minerals' 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 Golden Minerals' market value can be influenced by many factors that don't directly affect Golden Minerals' 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 Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' 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.