Discovery Return On Assets from 2010 to 2026
| DSV Stock | 10.18 0.26 2.62% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter (0.20) | Current Value (0.21) | Quarterly Volatility 332.57331441 |
Check Discovery Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Discovery Silver's main balance sheet or income statement drivers, such as Depreciation And Amortization of 154.1 K, Total Revenue of 0.0 or Other Operating Expenses of 8.6 M, as well as many indicators such as Price To Sales Ratio of 8.32, Dividend Yield of 0.0 or PTB Ratio of 3.43. Discovery financial statements analysis is a perfect complement when working with Discovery Silver Valuation or Volatility modules.
Discovery | Return On Assets |
Evaluating Discovery Silver's Return On Assets 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 Discovery Silver Corp's fundamental strength.
Latest Discovery Silver's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Discovery Silver Corp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Discovery Silver's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Discovery Silver's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Discovery Return On Assets Regression Statistics
| Arithmetic Mean | (93.37) | |
| Coefficient Of Variation | (356.19) | |
| Mean Deviation | 160.47 | |
| Median | (0.21) | |
| Standard Deviation | 332.57 | |
| Sample Variance | 110,605 | |
| Range | 1.4K | |
| R-Value | 0.26 | |
| Mean Square Error | 110,263 | |
| R-Squared | 0.07 | |
| Significance | 0.32 | |
| Slope | 16.84 | |
| Total Sum of Squares | 1.8M |
Discovery Return On Assets History
About Discovery Silver Financial Statements
Discovery Silver investors utilize fundamental indicators, such as Return On Assets, to predict how Discovery 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 | ||
| Return On Assets | (0.20) | (0.21) |
Pair Trading with Discovery 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 Discovery 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 Discovery Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Discovery Stock
| 0.97 | AG | First Majestic Silver Earnings Call This Week | PairCorr |
| 0.89 | IE | Ivanhoe Energy | PairCorr |
| 0.92 | ORE | Orezone Gold Corp | PairCorr |
| 0.89 | FDY | Faraday Copper Corp | PairCorr |
Moving against Discovery Stock
| 0.74 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.74 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.59 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.59 | MSFT | Microsoft CDR | PairCorr |
| 0.54 | AAPL | Apple CDR | PairCorr |
The ability to find closely correlated positions to Discovery 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 Discovery 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 Discovery 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 Discovery Silver Corp to buy it.
The correlation of Discovery 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 Discovery Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discovery 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 Discovery 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.Other Information on Investing in Discovery Stock
Discovery Silver financial ratios help investors to determine whether Discovery Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Discovery with respect to the benefits of owning Discovery Silver security.