Blackrock Silver Corp Stock Total Asset
| BRC Stock | CAD 0.33 0.01 2.94% |
Blackrock Silver Corp fundamentals help investors to digest information that contributes to Blackrock Silver's financial success or failures. It also enables traders to predict the movement of Blackrock Stock. The fundamental analysis module provides a way to measure Blackrock 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 Blackrock Silver stock.
Blackrock |
Blackrock Silver Corp Company Total Asset Analysis
Blackrock Silver's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Blackrock Silver Total Asset | 6.6 M |
Most of Blackrock Silver's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Blackrock Silver Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Based on the latest financial disclosure, Blackrock Silver Corp has a Total Asset of 6.6 M. This is 99.96% lower than that of the Metals & Mining sector and 99.79% lower than that of the Materials industry. The total asset for all Canada stocks is 99.98% higher than that of the company.
Blackrock Total Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock Silver's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blackrock Silver could also be used in its relative valuation, which is a method of valuing Blackrock Silver by comparing valuation metrics of similar companies.Blackrock Silver is currently under evaluation in total asset category among related companies.
Blackrock Fundamentals
| Return On Equity | -0.71 | ||||
| Return On Asset | -0.41 | ||||
| Current Valuation | 71.07 M | ||||
| Shares Outstanding | 223.04 M | ||||
| Shares Owned By Insiders | 3.42 % | ||||
| Shares Owned By Institutions | 5.48 % | ||||
| Number Of Shares Shorted | 51.35 K | ||||
| Price To Book | 7.78 X | ||||
| EBITDA | (6.08 M) | ||||
| Net Income | (6 M) | ||||
| Cash And Equivalents | 17.88 K | ||||
| Total Debt | 22.33 K | ||||
| Debt To Equity | 3.90 % | ||||
| Current Ratio | 0.39 X | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (6.45 M) | ||||
| Short Ratio | 0.49 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 0.67 | ||||
| Beta | 2.69 | ||||
| Market Capitalization | 75.84 M | ||||
| Total Asset | 6.6 M | ||||
| Retained Earnings | (69.65 M) | ||||
| Working Capital | 798.96 K | ||||
| Net Asset | 6.6 M |
About Blackrock Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock 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 Blackrock 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 Blackrock 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 Blackrock Silver will appreciate offsetting losses from the drop in the long position's value.Moving against Blackrock Stock
| 0.82 | RCI-A | Rogers Communications | PairCorr |
The ability to find closely correlated positions to Blackrock 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 Blackrock 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 Blackrock 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 Blackrock Silver Corp to buy it.
The correlation of Blackrock 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 Blackrock Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock 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 Blackrock 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blackrock 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Blackrock Stock analysis
When running Blackrock Silver's price analysis, check to measure Blackrock 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 Blackrock Silver is operating at the current time. Most of Blackrock Silver's value examination focuses on studying past and present price action to predict the probability of Blackrock 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 Blackrock Silver's price. Additionally, you may evaluate how the addition of Blackrock Silver to your portfolios can decrease your overall portfolio volatility.
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