Endeavour Silver Corp Stock Market Value
| EXK Stock | USD 4.50 0.44 8.91% |
| Symbol | Endeavour |
Endeavour Silver Corp Price To Book Ratio
Is 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 Endeavour Silver. If investors know Endeavour 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 Endeavour 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 (0.73) | Earnings Share (0.13) | Revenue Per Share 0.977 | Quarterly Revenue Growth 0.081 | Return On Assets 0.0101 |
The market value of Endeavour Silver Corp is measured differently than its book value, which is the value of Endeavour that is recorded on the company's balance sheet. Investors also form their own opinion of Endeavour Silver's value that differs from its market value or its book value, called intrinsic value, which is Endeavour 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 Endeavour Silver's market value can be influenced by many factors that don't directly affect Endeavour 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 Endeavour Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endeavour Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endeavour 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.
Endeavour Silver 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Endeavour Silver's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Endeavour Silver.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in Endeavour Silver on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding Endeavour Silver Corp or generate 0.0% return on investment in Endeavour Silver over 180 days. Endeavour Silver is related to or competes with McEwen Mining, SilverCrest Metals, Avino Silver, Compania, Metalla Royalty, New Pacific, and Hecla Mining. Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, proce... More
Endeavour Silver Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Endeavour Silver's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Endeavour Silver Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.57 | |||
| Information Ratio | 0.1126 | |||
| Maximum Drawdown | 17.2 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 7.74 |
Endeavour Silver Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Endeavour Silver's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Endeavour Silver's standard deviation. In reality, there are many statistical measures that can use Endeavour Silver historical prices to predict the future Endeavour Silver's volatility.| Risk Adjusted Performance | 0.11 | |||
| Jensen Alpha | 0.5074 | |||
| Total Risk Alpha | 0.082 | |||
| Sortino Ratio | 0.1334 | |||
| Treynor Ratio | 0.8876 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Endeavour Silver's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Endeavour Silver Corp Backtested Returns
Endeavour Silver appears to be moderately volatile, given 3 months investment horizon. Endeavour Silver Corp secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of standard deviation over the last 3 months. By reviewing Endeavour Silver's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Endeavour Silver's Semi Deviation of 3.17, mean deviation of 3.28, and Downside Deviation of 3.57 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Endeavour Silver holds a performance score of 11. The firm shows a Beta (market volatility) of 0.63, which means possible diversification benefits within a given portfolio. As returns on the market increase, Endeavour Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding Endeavour Silver is expected to be smaller as well. Please check Endeavour Silver's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Endeavour Silver's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Endeavour Silver Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Endeavour Silver time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Endeavour Silver Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Endeavour Silver price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Endeavour Silver Corp lagged returns against current returns
Autocorrelation, which is Endeavour Silver stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Endeavour Silver's stock expected returns. We can calculate the autocorrelation of Endeavour Silver returns to help us make a trade decision. For example, suppose you find that Endeavour Silver has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Endeavour Silver regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Endeavour Silver stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Endeavour Silver stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Endeavour Silver stock over time.
Current vs Lagged Prices |
| Timeline |
Endeavour Silver Lagged Returns
When evaluating Endeavour Silver's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Endeavour Silver stock have on its future price. Endeavour Silver autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Endeavour Silver autocorrelation shows the relationship between Endeavour Silver stock current value and its past values and can show if there is a momentum factor associated with investing in Endeavour Silver Corp.
Regressed Prices |
| Timeline |
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Endeavour Silver technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.