Gatos Net Receivables vs Capital Stock Analysis
| GATO Stock | USD 16.18 0.25 1.52% |
Gatos Silver financial indicator trend analysis is much more than just examining Gatos Silver latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gatos Silver is a good investment. Please check the relationship between Gatos Silver Net Receivables and its Capital Stock accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.
Net Receivables vs Capital Stock
Net Receivables vs Capital Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gatos Silver Net Receivables account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gatos Silver's Net Receivables and Capital Stock is 0.65. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Gatos Silver, assuming nothing else is changed. The correlation between historical values of Gatos Silver's Net Receivables and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Gatos Silver are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Net Receivables i.e., Gatos Silver's Net Receivables and Capital Stock go up and down completely randomly.
Correlation Coefficient | 0.65 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Net Receivables
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Most indicators from Gatos Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gatos Silver 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.As of the 22nd of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.09, while Selling General Administrative is likely to drop about 12.3 M.
| 2023 | 2024 (projected) | Research Development | 2.1M | 2.0M | Cost Of Revenue | 111.3M | 116.8M |
Gatos Silver fundamental ratios Correlations
Click cells to compare fundamentals
Gatos Silver Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gatos Silver fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Common Stock Shares Outstanding | 40.3M | 59.2M | 69.2M | 64.0M | 69.5M | 63.5M | |
| Total Current Liabilities | 2.2M | 3.5M | 4.0M | 1.4M | 33.4M | 35.0M | |
| Retained Earnings | (225.6M) | (147.4M) | (213.3M) | (190.9M) | (185.9M) | (195.2M) | |
| Accounts Payable | 365K | 270K | 560K | 196K | 387K | 425.0K | |
| Inventory | 174K | 103K | 10.3M | 11.1M | 16.4M | 17.2M | |
| Other Current Assets | 2.6M | 53.6M | 7K | 50.8M | 2.0M | 1.9M | |
| Other Stockholder Equity | 330.8M | 374.9M | 408.7M | 543.8M | 553.3M | 335.0M | |
| Total Current Assets | 6.1M | 18.5M | 155.8M | 11.8M | 78.7M | 54.2M | |
| Net Receivables | 1.5M | 6.6M | 2.0M | 2.2M | 21.3M | 22.3M | |
| Net Tangible Assets | 149.4M | 261.4M | 331.2M | 353.1M | 406.0M | 235.1M | |
| Net Invested Capital | 149.4M | 261.4M | 365.7M | 357.1M | 367.5M | 301.4M | |
| Net Working Capital | 15.0M | 151.7M | 10.4M | 9.3M | 45.3M | 43.2M |
Pair Trading with Gatos 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 Gatos 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 Gatos Silver will appreciate offsetting losses from the drop in the long position's value.Moving together with Gatos Stock
| 0.61 | HL | Hecla Mining | PairCorr |
| 0.71 | VOXR | Vox Royalty Corp | PairCorr |
| 0.92 | ASM | Avino Silver Gold | PairCorr |
| 0.92 | EXK | Endeavour Silver Corp | PairCorr |
Moving against Gatos Stock
The ability to find closely correlated positions to Gatos 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 Gatos 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 Gatos 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 Gatos Silver to buy it.
The correlation of Gatos 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 Gatos Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gatos Silver 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 Gatos 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gatos Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Gatos Stock, please use our How to Invest in Gatos Silver guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gatos Silver. If investors know Gatos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gatos Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.66 | Earnings Share 0.47 | Return On Assets (0.04) | Return On Equity 0.075 |
The market value of Gatos Silver is measured differently than its book value, which is the value of Gatos that is recorded on the company's balance sheet. Investors also form their own opinion of Gatos Silver's value that differs from its market value or its book value, called intrinsic value, which is Gatos Silver's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gatos Silver's market value can be influenced by many factors that don't directly affect Gatos Silver's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gatos Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gatos Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gatos Silver's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.