Fortuna Silver Mines price target raised to 6.75 from 6.50 at Scotiabank - TipRanks
| FVI Stock | CAD 6.97 0.01 0.14% |
About 56% of Fortuna Silver's investor base is looking to short. The current sentiment regarding investing in Fortuna Silver Mines stock implies that many traders are alarmed. Fortuna Silver's investing sentiment overview a quick insight into current market opportunities from investing in Fortuna Silver Mines. Many technical investors use Fortuna Silver Mines stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Fortuna |
Fortuna Silver Mines price target raised to 6.75 from 6.50 at Scotiabank TipRanks
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Fortuna Silver Fundamental Analysis
We analyze Fortuna Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fortuna Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fortuna Silver 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Fortuna Silver is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Fortuna Silver Mines 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 Fortuna Silver stock to make a market-neutral strategy. Peer analysis of Fortuna Silver could also be used in its relative valuation, which is a method of valuing Fortuna Silver by comparing valuation metrics with similar companies.
Peers
Fortuna Silver Related Equities
| SVM | Silvercorp Metals | 1.70 | ||||
| EDR | Endeavour Silver | 0.64 | ||||
| MAG | MAG Silver | 0.78 | ||||
| PAAS | Pan American | 1.34 |
Check out Fortuna Silver Hype Analysis, Fortuna Silver Correlation and Fortuna Silver Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.