Denison Mines The Strong Feasibility Study Confirms The Attractive ... - Seeking Alpha
DML Stock | CAD 3.37 0.13 4.01% |
About 55% of Denison Mines' investors are presently thinking to get in. The analysis of overall sentiment of trading Denison Mines Corp stock suggests that some investors are interested at this time. Denison Mines' investing sentiment overview a quick insight into current market opportunities from investing in Denison Mines Corp. Many technical investors use Denison Mines Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Denison |
Denison Mines The Strong Feasibility Study Confirms The Attractive ... Seeking Alpha
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Denison Mines Fundamental Analysis
We analyze Denison Mines' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Denison Mines using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Denison Mines based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Denison Mines is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Denison Mines Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Denison Mines stock to make a market-neutral strategy. Peer analysis of Denison Mines could also be used in its relative valuation, which is a method of valuing Denison Mines by comparing valuation metrics with similar companies.
Peers
Denison Mines Related Equities
EFR | Energy Fuels | 2.83 | ||||
FCU | Fission Uranium | 2.41 | ||||
CCO | Cameco Corp | 1.42 | ||||
NXE | NexGen Energy | 1.10 | ||||
URE | Ur Energy | 0.54 |
Check out Denison Mines Hype Analysis, Denison Mines Correlation and Denison Mines Performance. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.