Excelsior Debt To Equity from 2010 to 2024

MIN Stock  CAD 0.18  0.01  5.26%   
Excelsior Mining Debt To Equity yearly trend continues to be very stable with very little volatility. Debt To Equity is likely to grow to -0.62 this year. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
(0.65)
Current Value
(0.62)
Quarterly Volatility
0.9595926
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Excelsior Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Excelsior Mining's main balance sheet or income statement drivers, such as Interest Expense of 3.7 M, Selling General Administrative of 3.4 M or Other Operating Expenses of 7.5 M, as well as many indicators such as Price To Sales Ratio of 13.0, Dividend Yield of 0.0 or Days Sales Outstanding of 17.68. Excelsior financial statements analysis is a perfect complement when working with Excelsior Mining Valuation or Volatility modules.
  
This module can also supplement various Excelsior Mining Technical models . Check out the analysis of Excelsior Mining Correlation against competitors.

Pair Trading with Excelsior 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 Excelsior 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 Excelsior Mining will appreciate offsetting losses from the drop in the long position's value.

Moving against Excelsior Stock

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The ability to find closely correlated positions to Excelsior 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 Excelsior 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 Excelsior 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 Excelsior Mining Corp to buy it.
The correlation of Excelsior 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 Excelsior Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Excelsior 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 Excelsior 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 Excelsior Stock

Excelsior Mining financial ratios help investors to determine whether Excelsior 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 Excelsior with respect to the benefits of owning Excelsior Mining security.