Silver Financial Statements From 2010 to 2024
| SVB Stock | CAD 0.13 0.00 0.00% |
Check Silver Bull financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Silver Bull's main balance sheet or income statement drivers, such as , as well as many indicators such as . Silver financial statements analysis is a perfect complement when working with Silver Bull Valuation or Volatility modules.
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Silver Bull Resources Company Return On Equity Analysis
Silver Bull's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Silver Bull Return On Equity | -0.0277 |
Most of Silver Bull's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Silver Bull Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Silver Bull Resources has a Return On Equity of -0.0277. This is 103.04% lower than that of the Metals & Mining sector and 105.77% lower than that of the Materials industry. The return on equity for all Canada stocks is 91.06% lower than that of the firm.
Silver Bull Resources Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Silver Bull's current stock value. Our valuation model uses many indicators to compare Silver Bull value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Silver Bull competition to find correlations between indicators driving Silver Bull's intrinsic value. More Info.Silver Bull Resources is rated second in return on equity category among its peers. It is currently regarded as top stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Silver Bull by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Silver Bull's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Silver Bull Financial Statements
Silver Bull investors utilize fundamental indicators, such as revenue or net income, to predict how Silver 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.
Silver Bull Resources, Inc., an exploration stage company, acquires, develops, and explores for mineral properties in Mexico and Canada. Silver Bull Resources, Inc. was founded in 1993 and is based in Vancouver, Canada. SILVER BULL operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 16 people.
Pair Trading with Silver Bull
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 Silver Bull 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 Silver Bull will appreciate offsetting losses from the drop in the long position's value.Moving against Silver Stock
| 0.66 | IE | Ivanhoe Energy | PairCorr |
| 0.63 | AG | First Majestic Silver | PairCorr |
| 0.61 | FDY | Faraday Copper Corp | PairCorr |
| 0.4 | SBIO | Sabio Holdings | PairCorr |
| 0.33 | DFR | Diamond Fields Resources | PairCorr |
The ability to find closely correlated positions to Silver Bull could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silver Bull 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 Silver Bull - 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 Silver Bull Resources to buy it.
The correlation of Silver Bull 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 Silver Bull moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silver Bull Resources 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 Silver Bull 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 Silver Stock
Silver Bull financial ratios help investors to determine whether Silver 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 Silver with respect to the benefits of owning Silver Bull security.