Silvercorp Price To Sales Ratio vs Dividend Yield Analysis
SVM Stock | CAD 4.79 0.08 1.70% |
Silvercorp Metals financial indicator trend analysis is much more than just breaking down Silvercorp Metals prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Silvercorp Metals is a good investment. Please check the relationship between Silvercorp Metals Price To Sales Ratio and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp 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. To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.
Price To Sales Ratio vs Dividend Yield
Price To Sales Ratio vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Silvercorp Metals Price To Sales Ratio account and Dividend Yield. At this time, the significance of the direction appears to have no relationship.
The correlation between Silvercorp Metals' Price To Sales Ratio and Dividend Yield is 0.06. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Silvercorp Metals, assuming nothing else is changed. The correlation between historical values of Silvercorp Metals' Price To Sales Ratio and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Silvercorp Metals are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Price To Sales Ratio i.e., Silvercorp Metals' Price To Sales Ratio and Dividend Yield go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Silvercorp Metals stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Silvercorp Metals sales, a figure that is much harder to manipulate than other Silvercorp Metals multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Silvercorp Metals dividend as a percentage of Silvercorp Metals stock price. Silvercorp Metals dividend yield is a measure of Silvercorp Metals stock productivity, which can be interpreted as interest rate earned on an Silvercorp Metals investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Silvercorp Metals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Silvercorp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp 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. To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.At this time, Silvercorp Metals' Selling General Administrative is very stable compared to the past year. As of the 24th of November 2024, Sales General And Administrative To Revenue is likely to grow to 0.12, while Tax Provision is likely to drop about 16.1 M.
2023 | 2024 (projected) | Research Development | 3.3M | 3.0M | Total Revenue | 215.2M | 169.0M |
Silvercorp Metals fundamental ratios Correlations
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Silvercorp Metals Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Silvercorp Metals fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 512.8M | 652.6M | 723.5M | 676.8M | 702.8M | 381.7M | |
Other Current Liab | 3.2M | 4.9M | 5.4M | 4.1M | 4.2M | 7.1M | |
Total Current Liabilities | 27.8M | 37.2M | 46.0M | 41.2M | 47.2M | 28.5M | |
Total Stockholder Equity | 368.7M | 467.6M | 512.4M | 489.1M | 507.3M | 275.0M | |
Net Debt | (63.7M) | (117.0M) | (112.0M) | (145.1M) | (151.6M) | (144.0M) | |
Retained Earnings | 145.9M | 187.9M | 213.7M | 229.9M | 261.8M | 274.9M | |
Cash | 65.8M | 118.7M | 113.3M | 145.7M | 152.9M | 160.6M | |
Non Current Assets Total | 354.6M | 431.5M | 491.2M | 457.8M | 500.9M | 265.8M | |
Non Currrent Assets Other | 9.2M | 8.5M | 9.9M | 7.9M | 4.4M | 4.4M | |
Other Assets | 10.0M | 9.1M | 10.8M | 8.0M | 9.2M | 4.7M | |
Cash And Short Term Investments | 142.5M | 199.1M | 212.9M | 203.3M | 184.9M | 104.1M | |
Net Receivables | 4.0M | 7.5M | 4.8M | 2.5M | 2.9M | 3.0M | |
Common Stock Shares Outstanding | 174.1M | 177.1M | 178.3M | 179.0M | 179.1M | 157.8M | |
Liabilities And Stockholders Equity | 512.8M | 652.6M | 723.5M | 676.8M | 702.8M | 381.7M | |
Total Liab | 73.8M | 86.9M | 103.4M | 97.0M | 105.8M | 58.5M | |
Total Current Assets | 158.2M | 221.2M | 232.3M | 219.0M | 201.9M | 115.9M | |
Common Stock | 243.9M | 250.2M | 255.4M | 255.7M | 258.4M | 230.0M | |
Property Plant And Equipment Net | 238.8M | 294.6M | 346.2M | 328.1M | 347.5M | 209.1M | |
Accounts Payable | 23.1M | 30.3M | 39.7M | 36.7M | 41.8M | 43.9M | |
Non Current Liabilities Total | 46.0M | 49.7M | 57.4M | 55.7M | 58.7M | 31.3M | |
Property Plant And Equipment Gross | 238.8M | 594.8M | 676.4M | 680.0M | 709.1M | 744.5M | |
Inventory | 8.4M | 9.8M | 9.1M | 8.3M | 7.4M | 6.4M | |
Other Current Assets | 3.3M | 4.8M | 5.5M | 4.9M | 6.7M | 3.5M | |
Accumulated Other Comprehensive Income | (21.1M) | 29.5M | 43.3M | 3.5M | (12.9M) | (12.3M) | |
Short Term Investments | 76.7M | 80.4M | 99.6M | 57.6M | 31.9M | 41.4M | |
Current Deferred Revenue | 937K | 1.4M | 277K | 144K | 921K | 875.0K | |
Short Long Term Debt Total | 2.1M | 1.7M | 1.3M | 583K | 1.3M | 2.0M | |
Short Term Debt | 567K | 657K | 649K | 269K | 213K | 202.4K | |
Intangible Assets | 52.5M | 58.6M | 59.7M | 55.3M | 51.3M | 59.5M | |
Other Liab | 48.0M | 44.5M | 48.7M | 56.8M | 65.3M | 48.2M | |
Net Tangible Assets | 347.4M | 368.7M | 467.6M | 512.4M | 589.3M | 380.2M | |
Long Term Investments | 53.3M | 69.2M | 74.6M | 66.2M | 95.7M | 100.5M | |
Property Plant Equipment | 291.3M | 353.2M | 405.9M | 383.5M | 441.0M | 357.6M | |
Long Term Debt Total | 1.5M | 1.1M | 614K | 314K | 361.1K | 552.2K | |
Cash And Equivalents | 526K | 7.5M | 40.5M | 94.8M | 109.0M | 114.5M | |
Net Invested Capital | 368.7M | 467.6M | 512.4M | 489.1M | 507.3M | 475.5M |
Pair Trading with Silvercorp Metals
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 Silvercorp Metals 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 Silvercorp Metals will appreciate offsetting losses from the drop in the long position's value.Moving together with Silvercorp Stock
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Moving against Silvercorp Stock
The ability to find closely correlated positions to Silvercorp Metals could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Silvercorp Metals 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 Silvercorp Metals - 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 Silvercorp Metals to buy it.
The correlation of Silvercorp Metals 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 Silvercorp Metals moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Silvercorp 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 Silvercorp Metals 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Silvercorp 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. To learn how to invest in Silvercorp Stock, please use our How to Invest in Silvercorp Metals guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.