Endeavour Silver holds a
performance score of 11 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.1472, which means not very significant fluctuations relative to the market. Let's try to break down what Endeavour's beta means in this case. As returns on the market increase, Endeavour Silver returns are expected to increase less than the market. However, during the bear market, the loss on holding Endeavour Silver will be expected to be smaller as well. Although it is vital to follow
Endeavour Silver Corp historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our philosophy in predicting
future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and
technical indicators. To evaluate if Endeavour Silver Corp expected return of 1.07 will be sustainable into the future, we have found twenty-seven different
technical indicators, which can help you to check if the expected returns are sustainable. Use Endeavour Silver
maximum drawdown, and the
relationship between the
information ratio and
expected short fall to analyze future returns on Endeavour Silver.
The successful prediction of Endeavour Silver
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Endeavour Silver Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Endeavour Silver based on Endeavour Silver hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Endeavour Silver's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Endeavour Silver's related companies.
Use Technical Analysis to project Endeavour expected Price
Endeavour Silver technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Endeavour Silver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Endeavour Silver trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Endeavour Silver Gross Profit
Endeavour Silver Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Endeavour Silver previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Endeavour Silver Gross Profit growth over the last 10 years. Please check Endeavour Silver's
gross profit and other
fundamental indicators for more details.
Details
The recent price surge of Endeavour Silver Corp could raise concerns from traders as the firm it trading at a share price of
5.90 on
6,726,000 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in
March. The stock standard deviation of daily returns for 30 days investing horizon is currently 6.4. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Endeavour Silver partners.
| 2019 | 2020 | 2021 (projected) |
Book Value per Share | 0.91 | 0.82 | 1.16 | Asset Turnover | 0.71 | 0.82 | 0.87 |
Cost of Revenue Breakdown
Endeavour Silver Cost of Revenue is increasing with slightly volatile movements from year to year. Cost of Revenue is estimated to finish at about 161.9
M this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Endeavour Silver Cost of Revenue is increasing as compared to previous years. The last year's value of Cost of Revenue was reported at 159.95 Million
| 2014 | 182.56 Million |
| 2015 | 166.82 Million |
| 2016 | 117.87 Million |
| 2017 | 122.02 Million |
| 2018 | 147 Million |
| 2019 | 139.09 Million |
| 2020 | 159.95 Million |
| 2021 | 161.86 Million |
Will Endeavour Silver traders go frantic after another plunge?
The risk adjusted performance is down to 0.13 as of today. Endeavour Silver Corp is displaying above-average volatility over the selected time horizon. Investors should scrutinize Endeavour Silver Corp independently to ensure intended market timing strategies are aligned with expectations about Endeavour Silver volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Endeavour Silver's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Endeavour Silver's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Take On Endeavour Silver
Although many of the other players within the silver industry are still a little expensive, even after the recent corrections, Endeavour Silver may offer a potential longer-term growth to traders. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither buy nor exit any shares of Endeavour Silver at this time. The Endeavour Silver Corp risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Endeavour Silver.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Endeavour Silver Corp. Please refer to our
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