Dundee Other Stockholder Equity vs Common Stock Shares Outstanding Analysis
DPM Stock | CAD 13.27 0.03 0.23% |
Dundee Precious financial indicator trend analysis is much more than just examining Dundee Precious Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dundee Precious Metals is a good investment. Please check the relationship between Dundee Precious Other Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dundee Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Other Stockholder Equity vs Common Stock Shares Outstanding
Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dundee Precious Metals Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Dundee Precious' Other Stockholder Equity and Common Stock Shares Outstanding is -0.12. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Dundee Precious Metals, assuming nothing else is changed. The correlation between historical values of Dundee Precious' Other Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Dundee Precious Metals are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Dundee Precious' Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Other Stockholder Equity
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Dundee Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dundee Precious Metals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dundee Precious Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Dundee Precious' Discontinued Operations is very stable compared to the past year. As of the 23rd of November 2024, Enterprise Value Over EBITDA is likely to grow to 2.43, while Selling General Administrative is likely to drop about 24.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 377.9M | 381.7M | 290.8M | 249.1M | Depreciation And Amortization | 96.2M | 84.2M | 84.4M | 57.5M |
Dundee Precious fundamental ratios Correlations
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Dundee Precious Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Dundee Precious fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 784.7M | 974.9M | 1.2B | 1.2B | 1.3B | 782.6M | |
Total Stockholder Equity | 586.6M | 798.7M | 1.0B | 993.1M | 1.1B | 622.0M | |
Retained Earnings | 45.0M | 224.7M | 412.4M | 411.8M | 556.8M | 584.6M | |
Other Assets | 12.4M | 13.3M | 17.0M | 13.2M | 11.9M | 11.3M | |
Net Receivables | 32.3M | 76.4M | 118.7M | 116.8M | 94.6M | 99.4M | |
Common Stock Total Equity | 515.5M | 515.7M | 522.4M | 525.2M | 604.0M | 388.6M | |
Common Stock Shares Outstanding | 180.1M | 182.4M | 187.5M | 191.2M | 185.4M | 135.2M | |
Liabilities And Stockholders Equity | 784.7M | 974.9M | 1.2B | 1.2B | 1.3B | 782.6M | |
Other Stockholder Equity | 9.2M | 7.1M | 8.6M | 6.4M | 6.3M | 6.0M | |
Total Liab | 191.8M | 169.6M | 164.0M | 164.2M | 169.7M | 156.7M | |
Total Current Assets | 105.0M | 319.0M | 513.8M | 610.9M | 816.9M | 857.8M | |
Common Stock | 522.4M | 525.2M | 585.1M | 583.0M | 559.1M | 434.5M | |
Other Current Liab | 6.5M | 13.6M | 5.3M | 70.3M | 41.1M | 21.0M | |
Total Current Liabilities | 109.6M | 85.1M | 85.8M | 96.9M | 121.9M | 64.7M | |
Net Debt | (13.4M) | (132.4M) | (319.2M) | (418.6M) | (582.8M) | (553.6M) | |
Accounts Payable | 15.8M | 13.1M | 20.4M | 22.0M | 12.3M | 18.9M | |
Cash | 23.4M | 149.5M | 334.4M | 433.2M | 595.3M | 625.0M | |
Cash And Short Term Investments | 23.4M | 149.5M | 334.4M | 433.2M | 595.3M | 625.0M | |
Non Current Liabilities Total | 82.2M | 84.5M | 78.2M | 67.3M | 47.8M | 45.4M | |
Accumulated Other Comprehensive Income | 10.1M | 41.7M | (1.7M) | (8.2M) | (1.6M) | (1.5M) | |
Short Long Term Debt Total | 69.5M | 21.2M | 15.2M | 14.6M | 12.5M | 11.9M | |
Non Current Assets Total | 679.7M | 655.8M | 654.6M | 546.3M | 473.3M | 631.5M | |
Non Currrent Assets Other | 3.3M | 3.8M | 8.3M | 6.6M | 4.4M | 4.2M | |
Inventory | 38.0M | 43.0M | 49.6M | 45.8M | 38.5M | 38.8M | |
Other Current Assets | 5.2M | 10.8M | 1.5M | 5.5M | 1.1M | 1.0M | |
Short Term Debt | 45.1M | 4.1M | 4.4M | 4.5M | 3.1M | 2.9M | |
Property Plant And Equipment Net | 567.9M | 519.8M | 572.3M | 476.9M | 429.1M | 555.3M | |
Property Plant And Equipment Gross | 567.9M | 519.8M | 1.1B | 1.1B | 1.1B | 658.2M | |
Intangible Assets | 17.5M | 16.1M | 17.4M | 15.5M | 14.8M | 17.9M | |
Other Liab | 57.8M | 71.6M | 67.4M | 57.2M | 51.5M | 61.0M | |
Net Tangible Assets | 546.6M | 782.5M | 987.1M | 977.6M | 1.1B | 768.9M | |
Long Term Investments | 59.4M | 106.6M | 48.0M | 40.8M | 11.9M | 11.3M | |
Property Plant Equipment | 567.9M | 519.8M | 572.3M | 476.9M | 429.2M | 509.3M | |
Long Term Debt Total | 24.5M | 17.1M | 10.8M | 10.0M | 9.0M | 8.6M | |
Capital Surpluse | 9.2M | 7.1M | 8.6M | 6.4M | 5.8M | 7.6M | |
Non Current Liabilities Other | 15.4M | 1.2M | 13.9M | 3.3M | 3.0M | 2.9M | |
Net Invested Capital | 596.6M | 798.7M | 1.0B | 993.1M | 1.1B | 915.1M |
Pair Trading with Dundee Precious
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 Dundee Precious 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 Dundee Precious will appreciate offsetting losses from the drop in the long position's value.Moving together with Dundee Stock
Moving against Dundee Stock
The ability to find closely correlated positions to Dundee Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dundee Precious 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 Dundee Precious - 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 Dundee Precious Metals to buy it.
The correlation of Dundee Precious 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 Dundee Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dundee Precious Metals 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 Dundee Precious 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 Dundee Stock
Balance Sheet is a snapshot of the financial position of Dundee Precious Metals at a specified time, usually calculated after every quarter, six months, or one year. Dundee Precious Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dundee Precious and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dundee currently owns. An asset can also be divided into two categories, current and non-current.