Endeavour Interest Income from 2010 to 2026
| EDR Stock | CAD 18.75 1.81 10.68% |
Interest Income | First Reported 2019-03-31 | Previous Quarter 9.8 M | Current Value 39.3 M | Quarterly Volatility 9.9 M |
Check Endeavour Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endeavour Silver's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22 M, Interest Expense of 800 K or Selling General Administrative of 8.9 M, as well as many indicators such as Price To Sales Ratio of 4.45, Dividend Yield of 0.0481 or PTB Ratio of 2.0. Endeavour financial statements analysis is a perfect complement when working with Endeavour Silver Valuation or Volatility modules.
Endeavour | Interest Income |
Latest Endeavour Silver's Interest Income Growth Pattern
Below is the plot of the Interest Income of Endeavour Silver Corp over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Endeavour Silver's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Endeavour Silver's overall financial position and show how it may be relating to other accounts over time.
| Interest Income | 10 Years Trend |
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Interest Income |
| Timeline |
Endeavour Interest Income Regression Statistics
| Arithmetic Mean | 8,680,087 | |
| Geometric Mean | 3,159,918 | |
| Coefficient Of Variation | 138.48 | |
| Mean Deviation | 8,679,790 | |
| Median | 5,715,000 | |
| Standard Deviation | 12,019,751 | |
| Sample Variance | 144.5T | |
| Range | 35.7M | |
| R-Value | 0.54 | |
| Mean Square Error | 108.8T | |
| R-Squared | 0.29 | |
| Significance | 0.02 | |
| Slope | 1,291,189 | |
| Total Sum of Squares | 2311.6T |
Endeavour Interest Income History
About Endeavour Silver Financial Statements
Endeavour Silver investors utilize fundamental indicators, such as Interest Income, to predict how Endeavour 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 | ||
| Interest Income | 34.2 M | 35.9 M | |
| Net Interest Income | -800.1 K | -840.1 K |
Pair Trading with Endeavour 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 Endeavour 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 Endeavour Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Endeavour Stock
| 0.98 | AG | First Majestic Silver | PairCorr |
| 0.84 | IE | Ivanhoe Energy | PairCorr |
| 0.96 | ORE | Orezone Gold Corp | PairCorr |
| 0.65 | FDR | Flinders Resources | PairCorr |
| 0.84 | FDY | Faraday Copper Corp | PairCorr |
Moving against Endeavour Stock
The ability to find closely correlated positions to Endeavour 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 Endeavour 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 Endeavour 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 Endeavour Silver Corp to buy it.
The correlation of Endeavour 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 Endeavour Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour 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 Endeavour 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 the analysis of Endeavour Silver Correlation against competitors. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.