Endeavour Story

EXK -- USA Stock

USD 5.38 0.22 3.93%

Macroaxis Story

It feels like Endeavour Silver may not recover as fast as we have hopped for as its price went down 7.81% today. The company current daily volatility is 6.39 percent, with a beta of 0.15 and an alpha of 0.99 over DOW. While some baby boomers are getting worried growing market volatility, it is reasonable to examine Endeavour Silver Corp based on its historical price movement. We will evaluate if Endeavour Silver shares are reasonably priced going into April.

Published over a month ago

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Chances of Endeavour Silver to plunge after the volatility hikes

Endeavour Silver Corp has roughly 45.18 M in cash with 16.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.29.

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Endeavour Silver has an asset utilization ratio of 101.09 percent. This signifies that the company is making $1.01 for each dollar of assets. An increasing asset utilization means that Endeavour Silver Corp is more efficient with each dollar of assets it utilizes for everyday operations.

Chances of Endeavour Silver to plunge after the volatility hikes

Investing in Endeavour Silver, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Endeavour Silver along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Endeavour Silver's stock price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Endeavour Silver in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Endeavour Silver. Your research has to be compared to or analyzed against Endeavour Silver's peers to derive any actionable benefits. When done correctly, Endeavour Silver's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Endeavour Silver Corp.

How important is Endeavour Silver's Liquidity

Endeavour Silver financial leverage refers to using borrowed capital as a funding source to finance Endeavour Silver Corp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Endeavour Silver financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Endeavour Silver's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.

It is good to see analyst projects for Endeavour Silver, but it might be worth checking our own buy vs. sell analysis

Endeavour Silver Correlation with Peers

Investors in Endeavour can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Endeavour Silver Corp. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Endeavour Silver and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Endeavour is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.

Please check volatility of Endeavour for more details

Details

Endeavour Silver appears to be risky, given 1 month investment horizon. Endeavour Silver Corp secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the company had 0.15% of return per unit of standard deviation over the last month. Our philosophy in predicting the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By reviewing Endeavour Silver Corp technical indicators you can presently evaluate if the expected return of 0.97% is justified by implied risk. Please utilize Endeavour Silver Corp Downside Deviation of 5.27, mean deviation of 4.61, and Semi Deviation of 4.93 to check if our risk estimates are consistent with your expectations.

	AG	ASM	EXK	FSM	MAG
AG		0.89	0.9	0.52	0.68	AG
ASM	0.89		0.93	0.77	0.86	ASM
EXK	0.9	0.93		0.73	0.87	EXK
FSM	0.52	0.77	0.73		0.95	FSM
MAG	0.68	0.86	0.87	0.95		MAG
	AG	ASM	EXK	FSM	MAG

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

Will Endeavour Silver instantly start a correction?

Recent standard deviation is at 6.32. 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.

Although some firms under the silver industry are still a bit expensive, Endeavour Silver may offer a potential longer-term growth to traders. With a relatively neutral outlook on the recent economy, it is better to hold off any trading of Endeavour as the current risk-reward utility is not appealing enough. 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.

About Contributor

Achuva Shats is a Member of Macroaxs Editorial Board. Achuva 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 Achuva Shats do not own shares of Endeavour Silver Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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Endeavour Story

USD 5.38 0.22 3.93%

How important is Endeavour Silver's Liquidity

What do experts say?

Endeavour Silver Correlation with Peers

Details

Will Endeavour Silver instantly start a correction?

About Contributor

Would you like to provide feedback on the content of this article?

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