Americas Return On Tangible Assets from 2010 to 2024

USA Stock  CAD 0.59  0.03  5.36%   
Americas Silver Return On Tangible Assets yearly trend continues to be very stable with very little volatility. Return On Tangible Assets are likely to drop to -0.2. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
(0.19)
Current Value
(0.20)
Quarterly Volatility
0.23447377
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Americas Silver financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Americas Silver's main balance sheet or income statement drivers, such as Depreciation And Amortization of 21.9 M, Interest Expense of 10.2 M or Selling General Administrative of 5.5 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0 or PTB Ratio of 0.97. Americas financial statements analysis is a perfect complement when working with Americas Silver Valuation or Volatility modules.
  
This module can also supplement various Americas Silver Technical models . Check out the analysis of Americas Silver Correlation against competitors.

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

Moving together with Americas Stock

  0.85AG First Majestic SilverPairCorr
  0.87IE Ivanhoe EnergyPairCorr

Moving against Americas Stock

  0.57HPQ HPQ Silicon ResourcesPairCorr
  0.51NG NovaGold ResourcesPairCorr
  0.35INFM Infinico Metals CorpPairCorr
The ability to find closely correlated positions to Americas 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 Americas 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 Americas 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 Americas Silver Corp to buy it.
The correlation of Americas 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 Americas Silver moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Americas Silver 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 Americas 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.
Pair CorrelationCorrelation Matching
When determining whether Americas Silver Corp is a strong investment it is important to analyze Americas Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Americas Silver's future performance. For an informed investment choice regarding Americas Stock, refer to the following important reports:
Check out the analysis of Americas Silver Correlation against competitors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Please note, there is a significant difference between Americas Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Americas Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Americas 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.