Denison Current Deferred Revenue from 2010 to 2026
| DML Stock | CAD 5.68 0.14 2.41% |
Current Deferred Revenue | First Reported 1999-12-31 | Previous Quarter 4.5 M | Current Value 4.5 M | Quarterly Volatility 7.1 M |
Check Denison Mines financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Denison Mines' main balance sheet or income statement drivers, such as Interest Expense of 92.3 K, Selling General Administrative of 10.2 M or Total Revenue of 3.4 M, as well as many indicators such as Price To Sales Ratio of 544, Dividend Yield of 0.0 or PTB Ratio of 3.87. Denison financial statements analysis is a perfect complement when working with Denison Mines Valuation or Volatility modules.
Denison | Current Deferred Revenue |
Evaluating Denison Mines's Current Deferred Revenue across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Denison Mines Corp's fundamental strength.
Latest Denison Mines' Current Deferred Revenue Growth Pattern
Below is the plot of the Current Deferred Revenue of Denison Mines Corp over the last few years. It is revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends. Denison Mines' Current Deferred Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Denison Mines' overall financial position and show how it may be relating to other accounts over time.
| Current Deferred Revenue | 10 Years Trend |
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Current Deferred Revenue |
| Timeline |
Denison Current Deferred Revenue Regression Statistics
| Arithmetic Mean | 960,364 | |
| Geometric Mean | 1,624,776 | |
| Coefficient Of Variation | 521.76 | |
| Mean Deviation | 3,912,730 | |
| Median | 3,478,000 | |
| Standard Deviation | 5,010,795 | |
| Sample Variance | 25.1T | |
| Range | 16.6M | |
| R-Value | 0.61 | |
| Mean Square Error | 16.7T | |
| R-Squared | 0.37 | |
| Significance | 0.01 | |
| Slope | 607,542 | |
| Total Sum of Squares | 401.7T |
Denison Current Deferred Revenue History
About Denison Mines Financial Statements
Denison Mines investors utilize fundamental indicators, such as Current Deferred Revenue, to predict how Denison Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 4.1 M | 4.3 M |
Pair Trading with Denison Mines
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 Denison Mines 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 Denison Mines will appreciate offsetting losses from the drop in the long position's value.Moving together with Denison Stock
| 0.78 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.77 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.85 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against Denison Stock
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| 0.32 | LLY | Eli Lilly CDR | PairCorr |
The ability to find closely correlated positions to Denison Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Denison Mines 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 Denison Mines - 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 Denison Mines Corp to buy it.
The correlation of Denison Mines 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 Denison Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Denison Mines 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 Denison Mines 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 Denison Mines Correlation against competitors. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.