Denarius Silver Corp Stock Revenue
| DNRSF Stock | USD 0.40 0.02 4.76% |
Denarius Silver Corp fundamentals help investors to digest information that contributes to Denarius Silver's financial success or failures. It also enables traders to predict the movement of Denarius OTC Stock. The fundamental analysis module provides a way to measure Denarius 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 Denarius Silver otc stock.
Denarius |
Denarius Silver Corp OTC Stock Revenue Analysis
Denarius Silver's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Based on the latest financial disclosure, Denarius Silver Corp reported 0.0 of revenue. This is 100.0% lower than that of the Basic Materials sector and about the same as Other Precious Metals & Mining (which currently averages 0.0) industry. The revenue for all United States stocks is 100.0% higher than that of the company.
Denarius Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Denarius Silver's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Denarius Silver could also be used in its relative valuation, which is a method of valuing Denarius Silver by comparing valuation metrics of similar companies.Denarius Silver is currently under evaluation in revenue category among related companies.
Denarius Fundamentals
| Return On Equity | -0.0983 | |||
| Return On Asset | -0.0604 | |||
| Current Valuation | 2.98 M | |||
| Shares Outstanding | 23.25 M | |||
| Shares Owned By Insiders | 35.15 % | |||
| Shares Owned By Institutions | 19.44 % | |||
| Price To Earning | 0.14 X | |||
| Price To Book | 0.22 X | |||
| EBITDA | (5.95 M) | |||
| Net Income | (25.45 M) | |||
| Cash And Equivalents | 7.5 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 42 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 5.00 X | |||
| Book Value Per Share | 1.89 X | |||
| Cash Flow From Operations | (4.79 M) | |||
| Earnings Per Share | 0.31 X | |||
| Market Capitalization | 7.32 M |
About Denarius Silver Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Denarius Silver Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Denarius Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Denarius Silver Corp based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Denarius 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 Denarius 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 Denarius Silver will appreciate offsetting losses from the drop in the long position's value.Moving against Denarius OTC Stock
| 0.44 | ZMPLF | Zimplats Holdings | PairCorr |
| 0.42 | LNDNF | Lundin Energy AB | PairCorr |
The ability to find closely correlated positions to Denarius 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 Denarius 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 Denarius 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 Denarius Silver Corp to buy it.
The correlation of Denarius 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 Denarius Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denarius 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 Denarius 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denarius Silver Corp. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Denarius OTC Stock analysis
When running Denarius Silver's price analysis, check to measure Denarius 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 Denarius Silver is operating at the current time. Most of Denarius Silver's value examination focuses on studying past and present price action to predict the probability of Denarius 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 Denarius Silver's price. Additionally, you may evaluate how the addition of Denarius Silver to your portfolios can decrease your overall portfolio volatility.
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