Dundee Ptb Ratio vs Roic Analysis

DPM Stock

CAD 13.38 0.09 0.67%

Dundee Precious financial indicator trend analysis is much more than just examining Dundee Precious Metals latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Dundee Precious Metals is a good investment. Please check the relationship between Dundee Precious Ptb Ratio and its Roic accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dundee Precious 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.

Ptb Ratio vs Roic

Ptb Ratio vs Roic Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Dundee Precious Metals Ptb Ratio account and Roic. At this time, the significance of the direction appears to have strong relationship.

The correlation between Dundee Precious' Ptb Ratio and Roic is 0.74. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Roic in the same time period over historical financial statements of Dundee Precious Metals, assuming nothing else is changed. The correlation between historical values of Dundee Precious' Ptb Ratio and Roic is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Dundee Precious Metals are associated (or correlated) with its Roic. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Roic has no effect on the direction of Ptb Ratio i.e., Dundee Precious' Ptb Ratio and Roic go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Most indicators from Dundee Precious' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Dundee Precious 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dundee Precious 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.

At this time, Dundee Precious' Discontinued Operations is very stable compared to the past year. As of the 13th of December 2024, Enterprise Value Over EBITDA is likely to grow to 2.43, while Selling General Administrative is likely to drop about 24.9 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	377.9M	381.7M	290.8M	249.1M
Depreciation And Amortization	96.2M	84.2M	84.4M	57.5M

Cost Of Revenue Depreciation And Amortization

Dundee Precious fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Retained Earnings	Other Assets	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Total Current Liabilities	Net Debt	Accounts Payable	Cash	Cash And Short Term Investments	Non Current Liabilities Total	Other Current Assets	Short Long Term Debt Total	Non Current Assets Total	Non Currrent Assets Other	Inventory	Short Term Debt	Property Plant And Equipment Net	Property Plant And Equipment Gross
Total Assets		0.98	0.64	-0.8	0.63	0.83	0.83	-0.06	0.59	0.53	0.83	0.5	0.81	-0.41	0.63	0.47	0.48	0.3	0.34	0.11	0.51	0.25	0.8	-0.08	0.5	0.87
Total Stockholder Equity	0.98		0.71	-0.68	0.75	0.8	0.81	-0.1	0.4	0.65	0.81	0.55	0.79	-0.56	0.51	0.59	0.6	0.1	0.39	-0.07	0.33	0.28	0.74	-0.15	0.32	0.89
Retained Earnings	0.64	0.71		-0.37	0.81	0.31	0.3	-0.11	0.08	0.92	0.36	0.73	0.39	-0.81	0.38	0.9	0.9	-0.19	0.79	-0.17	0.03	0.48	0.57	-0.31	0.07	0.67
Other Assets	-0.8	-0.68	-0.37		-0.3	-0.8	-0.77	-0.02	-0.84	-0.26	-0.79	-0.32	-0.7	0.09	-0.76	-0.19	-0.19	-0.59	-0.24	-0.37	-0.83	-0.22	-0.75	-0.17	-0.78	-0.58
Net Receivables	0.63	0.75	0.81	-0.3		0.46	0.51	-0.25	-0.12	0.86	0.56	0.6	0.49	-0.83	0.27	0.83	0.83	-0.41	0.48	-0.46	-0.08	0.17	0.5	-0.24	-0.07	0.7
Common Stock Total Equity	0.83	0.8	0.31	-0.8	0.46		0.97	-0.32	0.56	0.34	0.98	0.43	0.9	-0.28	0.42	0.28	0.28	0.23	0.2	-0.02	0.55	0.05	0.5	0.07	0.53	0.73
Common Stock Shares Outstanding	0.83	0.81	0.3	-0.77	0.51	0.97		-0.23	0.5	0.35	0.98	0.43	0.89	-0.31	0.44	0.29	0.29	0.17	0.13	-0.11	0.52	0.05	0.54	0.02	0.46	0.71
Other Stockholder Equity	-0.06	-0.1	-0.11	-0.02	-0.25	-0.32	-0.23		0.06	-0.18	-0.35	-0.24	-0.23	0.21	0.18	-0.18	-0.17	0.21	-0.16	0.19	0.02	0.31	0.24	-0.01	-0.11	-0.34
Total Liab	0.59	0.4	0.08	-0.84	-0.12	0.56	0.5	0.06		-0.16	0.52	0.06	0.48	0.35	0.75	-0.22	-0.22	0.9	-0.03	0.73	0.95	-0.03	0.64	0.27	0.95	0.41
Total Current Assets	0.53	0.65	0.92	-0.26	0.86	0.34	0.35	-0.18	-0.16		0.4	0.77	0.39	-0.97	0.14	0.99	0.99	-0.46	0.83	-0.44	-0.19	0.51	0.34	-0.36	-0.18	0.58
Common Stock	0.83	0.81	0.36	-0.79	0.56	0.98	0.98	-0.35	0.52	0.4		0.46	0.87	-0.34	0.47	0.34	0.34	0.19	0.19	-0.07	0.54	0.04	0.54	0.04	0.52	0.78
Other Current Liab	0.5	0.55	0.73	-0.32	0.6	0.43	0.43	-0.24	0.06	0.77	0.46		0.48	-0.76	0.22	0.77	0.77	-0.26	0.77	-0.45	0.06	0.34	0.21	-0.5	0.09	0.6
Total Current Liabilities	0.81	0.79	0.39	-0.7	0.49	0.9	0.89	-0.23	0.48	0.39	0.87	0.48		-0.35	0.46	0.34	0.34	0.09	0.25	-0.06	0.44	-0.03	0.56	0.22	0.43	0.71
Net Debt	-0.41	-0.56	-0.81	0.09	-0.83	-0.28	-0.31	0.21	0.35	-0.97	-0.34	-0.76	-0.35		0.03	-0.98	-0.98	0.65	-0.77	0.63	0.37	-0.48	-0.16	0.39	0.37	-0.5
Accounts Payable	0.63	0.51	0.38	-0.76	0.27	0.42	0.44	0.18	0.75	0.14	0.47	0.22	0.46	0.03		0.09	0.09	0.59	0.04	0.44	0.76	0.04	0.81	0.19	0.74	0.5
Cash	0.47	0.59	0.9	-0.19	0.83	0.28	0.29	-0.18	-0.22	0.99	0.34	0.77	0.34	-0.98	0.09		1.0	-0.51	0.84	-0.47	-0.26	0.54	0.27	-0.38	-0.25	0.55
Cash And Short Term Investments	0.48	0.6	0.9	-0.19	0.83	0.28	0.29	-0.17	-0.22	0.99	0.34	0.77	0.34	-0.98	0.09	1.0		-0.51	0.84	-0.47	-0.26	0.54	0.27	-0.38	-0.25	0.55
Non Current Liabilities Total	0.3	0.1	-0.19	-0.59	-0.41	0.23	0.17	0.21	0.9	-0.46	0.19	-0.26	0.09	0.65	0.59	-0.51	-0.51		-0.29	0.86	0.84	-0.07	0.45	0.22	0.84	0.13
Other Current Assets	0.34	0.39	0.79	-0.24	0.48	0.2	0.13	-0.16	-0.03	0.83	0.19	0.77	0.25	-0.77	0.04	0.84	0.84	-0.29		-0.24	-0.11	0.59	0.13	-0.3	-0.07	0.35
Short Long Term Debt Total	0.11	-0.07	-0.17	-0.37	-0.46	-0.02	-0.11	0.19	0.73	-0.44	-0.07	-0.45	-0.06	0.63	0.44	-0.47	-0.47	0.86	-0.24		0.6	-0.08	0.37	0.48	0.65	0.0
Non Current Assets Total	0.51	0.33	0.03	-0.83	-0.08	0.55	0.52	0.02	0.95	-0.19	0.54	0.06	0.44	0.37	0.76	-0.26	-0.26	0.84	-0.11	0.6		-0.09	0.63	0.25	0.97	0.34
Non Currrent Assets Other	0.25	0.28	0.48	-0.22	0.17	0.05	0.05	0.31	-0.03	0.51	0.04	0.34	-0.03	-0.48	0.04	0.54	0.54	-0.07	0.59	-0.08	-0.09		0.15	-0.36	-0.18	0.1
Inventory	0.8	0.74	0.57	-0.75	0.5	0.5	0.54	0.24	0.64	0.34	0.54	0.21	0.56	-0.16	0.81	0.27	0.27	0.45	0.13	0.37	0.63	0.15		0.17	0.59	0.61
Short Term Debt	-0.08	-0.15	-0.31	-0.17	-0.24	0.07	0.02	-0.01	0.27	-0.36	0.04	-0.5	0.22	0.39	0.19	-0.38	-0.38	0.22	-0.3	0.48	0.25	-0.36	0.17		0.27	-0.1
Property Plant And Equipment Net	0.5	0.32	0.07	-0.78	-0.07	0.53	0.46	-0.11	0.95	-0.18	0.52	0.09	0.43	0.37	0.74	-0.25	-0.25	0.84	-0.07	0.65	0.97	-0.18	0.59	0.27		0.41
Property Plant And Equipment Gross	0.87	0.89	0.67	-0.58	0.7	0.73	0.71	-0.34	0.41	0.58	0.78	0.6	0.71	-0.5	0.5	0.55	0.55	0.13	0.35	0.0	0.34	0.1	0.61	-0.1	0.41

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Dundee Precious Account Relationship Matchups

Dundee Precious fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	784.7M	974.9M	1.2B	1.2B	1.3B	782.6M
Total Stockholder Equity	586.6M	798.7M	1.0B	993.1M	1.1B	622.0M
Retained Earnings	45.0M	224.7M	412.4M	411.8M	556.8M	584.6M
Other Assets	12.4M	13.3M	17.0M	13.2M	11.9M	11.3M
Net Receivables	32.3M	76.4M	114.5M	114.0M	91.3M	95.9M
Common Stock Total Equity	515.5M	515.7M	522.4M	525.2M	604.0M	388.6M
Common Stock Shares Outstanding	180.1M	182.4M	187.5M	191.2M	185.4M	135.2M
Liabilities And Stockholders Equity	784.7M	974.9M	1.2B	1.2B	1.3B	782.6M
Other Stockholder Equity	9.2M	7.1M	8.6M	6.4M	6.3M	6.0M
Total Liab	191.8M	169.6M	164.0M	164.2M	169.7M	156.7M
Total Current Assets	105.0M	319.0M	513.8M	610.9M	816.9M	857.8M
Common Stock	522.4M	525.2M	585.1M	583.0M	559.1M	434.5M
Other Current Liab	6.5M	13.6M	57.7M	67.5M	102.3M	107.4M
Total Current Liabilities	109.6M	85.1M	85.8M	96.9M	121.9M	64.7M
Net Debt	(13.4M)	(132.4M)	(319.2M)	(418.6M)	(582.8M)	(553.6M)
Accounts Payable	15.8M	13.1M	17.6M	22.0M	12.3M	18.6M
Cash	23.4M	149.5M	334.4M	433.2M	595.3M	625.0M
Cash And Short Term Investments	23.4M	149.5M	334.4M	433.2M	595.3M	625.0M
Non Current Liabilities Total	82.2M	84.5M	78.2M	67.3M	47.8M	45.4M
Accumulated Other Comprehensive Income	10.1M	41.7M	(1.7M)	(8.2M)	(1.6M)	(1.5M)
Other Current Assets	5.2M	10.8M	15.3M	18.0M	91.8M	96.4M
Short Long Term Debt Total	69.5M	21.2M	15.2M	14.6M	12.5M	11.9M
Non Current Assets Total	679.7M	655.8M	654.6M	546.3M	473.3M	631.5M
Non Currrent Assets Other	3.3M	3.8M	8.3M	6.6M	17.5M	17.5M
Inventory	38.0M	43.0M	49.6M	45.8M	38.5M	38.8M
Short Term Debt	45.1M	4.1M	4.4M	4.5M	3.1M	2.9M
Property Plant And Equipment Net	567.9M	519.8M	572.3M	476.9M	429.1M	555.3M
Property Plant And Equipment Gross	567.9M	519.8M	1.1B	1.1B	1.1B	658.2M
Intangible Assets	17.5M	16.1M	17.4M	15.5M	14.8M	17.9M
Other Liab	57.8M	71.6M	67.4M	57.2M	51.5M	61.0M
Net Tangible Assets	546.6M	782.5M	987.1M	977.6M	1.1B	768.9M
Long Term Investments	59.4M	106.6M	48.0M	40.8M	11.9M	11.3M
Property Plant Equipment	567.9M	519.8M	572.3M	476.9M	429.2M	509.3M
Long Term Debt Total	24.5M	17.1M	10.8M	10.0M	9.0M	8.6M
Capital Surpluse	9.2M	7.1M	8.6M	6.4M	5.8M	7.6M
Non Current Liabilities Other	15.4M	1.2M	13.9M	3.3M	3.0M	2.9M
Net Invested Capital	596.6M	798.7M	1.0B	993.1M	1.1B	915.1M

Pair Trading with Dundee Precious

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 Dundee Precious 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 Dundee Precious will appreciate offsetting losses from the drop in the long position's value.

Moving together with Dundee Stock

0.74

ORE

Orezone Gold Corp

Pair Corr

Moving against Dundee Stock

0.61	WCN	Waste Connections	Pair Corr
0.59	FFH	Fairfax Financial	Pair Corr
0.48	CSU	Constellation Software	Pair Corr
0.4	BYD	Boyd Group Services	Pair Corr
0.33	FSV	FirstService Corp	Pair Corr

The ability to find closely correlated positions to Dundee Precious could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dundee Precious 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 Dundee Precious - 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 Dundee Precious Metals to buy it.

The correlation of Dundee Precious 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 Dundee Precious moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dundee Precious 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 Dundee Precious 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 Correlation Correlation Matching

Other Information on Investing in Dundee Stock

Balance Sheet is a snapshot of the financial position of Dundee Precious Metals at a specified time, usually calculated after every quarter, six months, or one year. Dundee Precious Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Dundee Precious and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Dundee currently owns. An asset can also be divided into two categories, current and non-current.

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Dundee Ptb Ratio vs Roic Analysis

Ptb Ratio vs Roic

Ptb Ratio vs Roic Correlation Analysis

Correlation Coefficient

Ptb Ratio

Roic

Dundee Precious fundamental ratios Correlations

Dundee Precious Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Dundee Precious fundamental ratios Accounts

Pair Trading with Dundee Precious

Moving together with Dundee Stock

Moving against Dundee Stock

Other Information on Investing in Dundee Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Cash	+ 0.99	Total Current Assets
Cash And Short Term Investments	+ 0.99	Total Current Assets
Total Stockholder Equity	+ 0.98	Total Assets
Common Stock	+ 0.98	Common Stock Total Equity
Common Stock	+ 0.98	Common Stock Shares Outstanding

Cash And Short Term Investments	- 0.98	Net Debt
Cash	- 0.98	Net Debt
Net Debt	- 0.97	Total Current Assets
Total Liab	- 0.84	Other Assets
Net Debt	- 0.83	Net Receivables
Non Current Assets Total	- 0.83	Other Assets