Endeavour Net Working Capital from 2010 to 2024

EDV Stock  CAD 28.79  1.78  6.59%   
Endeavour Mining Net Working Capital yearly trend continues to be very stable with very little volatility. Net Working Capital is likely to drop to about 405.7 M. During the period from 2010 to 2024, Endeavour Mining Net Working Capital quarterly data regression pattern had sample variance of 48590.5 T and median of  120,581,000. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
506.8 M
Current Value
405.7 M
Quarterly Volatility
220.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Endeavour Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Endeavour Mining's main balance sheet or income statement drivers, such as Depreciation And Amortization of 569.4 M, Interest Expense of 72.3 M or Selling General Administrative of 21.2 M, as well as many indicators such as Price To Sales Ratio of 2.48, Dividend Yield of 0.0381 or PTB Ratio of 1.63. Endeavour financial statements analysis is a perfect complement when working with Endeavour Mining Valuation or Volatility modules.
  
This module can also supplement various Endeavour Mining Technical models . Check out the analysis of Endeavour Mining Correlation against competitors.

Pair Trading with Endeavour Mining

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 Endeavour Mining 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 Endeavour Mining will appreciate offsetting losses from the drop in the long position's value.

Moving together with Endeavour Stock

  0.82ORE Orezone Gold CorpPairCorr

Moving against Endeavour Stock

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  0.49BYD Boyd Group ServicesPairCorr
The ability to find closely correlated positions to Endeavour Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Endeavour Mining 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 Endeavour Mining - 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 Endeavour Mining Corp to buy it.
The correlation of Endeavour Mining 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 Endeavour Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Endeavour Mining Corp 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 Endeavour Mining 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Endeavour Stock

Endeavour Mining financial ratios help investors to determine whether Endeavour Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Endeavour with respect to the benefits of owning Endeavour Mining security.