Americas Other Non Cash Items vs Sale Purchase Of Stock Analysis

USA Stock  CAD 0.59  0.03  5.36%   
Americas Silver financial indicator trend analysis is way more than just evaluating Americas Silver Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Americas Silver Corp is a good investment. Please check the relationship between Americas Silver Other Non Cash Items and its Sale Purchase Of Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Americas Silver Corp. 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.

Other Non Cash Items vs Sale Purchase Of Stock

Other Non Cash Items vs Sale Purchase Of Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Americas Silver Corp Other Non Cash Items account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Americas Silver's Other Non Cash Items and Sale Purchase Of Stock is 0.03. Overlapping area represents the amount of variation of Other Non Cash Items that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Americas Silver Corp, assuming nothing else is changed. The correlation between historical values of Americas Silver's Other Non Cash Items and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Non Cash Items of Americas Silver Corp are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Other Non Cash Items i.e., Americas Silver's Other Non Cash Items and Sale Purchase Of Stock go up and down completely randomly.

Correlation Coefficient

0.03
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Non Cash Items

Sale Purchase Of Stock

Most indicators from Americas Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Americas Silver Corp 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Americas Silver Corp. 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.
As of the 11th of December 2024, Enterprise Value is likely to grow to about 82.4 M, while Selling General Administrative is likely to drop about 5.5 M.
 2021 2022 2023 2024 (projected)
Interest Expense4.9M1.8M8.2M10.2M
Depreciation And Amortization15.8M21.3M20.8M21.9M

Americas Silver fundamental ratios Correlations

0.520.690.970.31-0.470.640.070.980.640.530.030.50.440.740.510.660.580.260.480.070.20.880.440.280.8
0.52-0.080.590.78-0.960.92-0.50.580.710.46-0.530.720.950.870.180.960.95-0.230.290.090.80.730.830.860.82
0.69-0.080.55-0.290.150.010.570.580.080.260.570.16-0.130.120.350.030.030.680.30.03-0.140.42-0.21-0.110.16
0.970.590.550.49-0.530.72-0.131.00.70.54-0.180.470.50.840.520.740.620.040.450.060.230.930.520.310.85
0.310.78-0.290.49-0.750.75-0.880.450.60.35-0.890.410.730.770.180.810.7-0.680.220.210.530.650.690.630.65
-0.47-0.960.15-0.53-0.75-0.90.53-0.52-0.69-0.450.54-0.79-0.97-0.82-0.1-0.91-0.960.22-0.37-0.1-0.7-0.62-0.93-0.77-0.83
0.640.920.010.720.75-0.9-0.460.70.70.41-0.520.690.850.930.30.960.87-0.20.440.160.550.770.770.620.85
0.07-0.50.57-0.13-0.880.53-0.46-0.1-0.38-0.230.97-0.24-0.52-0.460.13-0.49-0.460.86-0.03-0.19-0.31-0.26-0.55-0.36-0.35
0.980.580.581.00.45-0.520.7-0.10.710.56-0.140.480.50.820.50.730.630.080.440.050.230.920.510.310.85
0.640.710.080.70.6-0.690.7-0.380.710.71-0.40.510.650.860.430.820.75-0.240.230.00.350.70.750.470.77
0.530.460.260.540.35-0.450.41-0.230.560.71-0.270.390.450.540.130.520.56-0.070.290.220.250.50.50.340.51
0.03-0.530.57-0.18-0.890.54-0.520.97-0.14-0.4-0.27-0.2-0.51-0.510.01-0.54-0.450.87-0.09-0.23-0.3-0.3-0.54-0.37-0.38
0.50.720.160.470.41-0.790.69-0.240.480.510.39-0.20.810.560.080.660.840.180.370.110.540.470.740.560.67
0.440.95-0.130.50.73-0.970.85-0.520.50.650.45-0.510.810.78-0.020.890.98-0.230.21-0.010.80.610.890.810.79
0.740.870.120.840.77-0.820.93-0.460.820.860.54-0.510.560.780.420.970.84-0.280.360.030.50.880.740.570.87
0.510.180.350.520.18-0.10.30.130.50.430.130.010.08-0.020.420.320.080.150.420.24-0.20.520.070.090.33
0.660.960.030.740.81-0.910.96-0.490.730.820.52-0.540.660.890.970.320.92-0.260.340.060.660.840.810.730.88
0.580.950.030.620.7-0.960.87-0.460.630.750.56-0.450.840.980.840.080.92-0.150.3-0.010.730.690.90.760.85
0.26-0.230.680.04-0.680.22-0.20.860.08-0.24-0.070.870.18-0.23-0.280.15-0.26-0.150.30.1-0.14-0.07-0.28-0.13-0.11
0.480.290.30.450.22-0.370.44-0.030.440.230.29-0.090.370.210.360.420.340.30.30.4-0.010.380.290.120.43
0.070.090.030.060.21-0.10.16-0.190.050.00.22-0.230.11-0.010.030.240.06-0.010.10.4-0.140.130.050.130.07
0.20.8-0.140.230.53-0.70.55-0.310.230.350.25-0.30.540.80.5-0.20.660.73-0.14-0.01-0.140.460.540.910.48
0.880.730.420.930.65-0.620.77-0.260.920.70.5-0.30.470.610.880.520.840.69-0.070.380.130.460.540.570.85
0.440.83-0.210.520.69-0.930.77-0.550.510.750.5-0.540.740.890.740.070.810.9-0.280.290.050.540.540.630.86
0.280.86-0.110.310.63-0.770.62-0.360.310.470.34-0.370.560.810.570.090.730.76-0.130.120.130.910.570.630.57
0.80.820.160.850.65-0.830.85-0.350.850.770.51-0.380.670.790.870.330.880.85-0.110.430.070.480.850.860.57
Click cells to compare fundamentals

Americas Silver Account Relationship Matchups

Americas Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets231.0M284.8M213.4M190.8M180.5M116.6M
Total Current Liabilities34.8M39.0M45.7M42.1M61.2M64.3M
Total Stockholder Equity126.3M169.7M93.1M81.2M53.4M78.1M
Property Plant And Equipment Net190.4M259.3M177.9M161.3M153.1M85.3M
Net Debt(4.5M)23.2M16.7M10.4M19.8M20.8M
Retained Earnings(203.1M)(230.3M)(387.9M)(428.8M)(463.4M)(440.2M)
Accounts Payable22.7M21.1M20.6M27.1M22.5M23.6M
Cash20.0M4.7M2.9M2.0M2.1M2.0M
Non Current Assets Total196.1M264.7M189.9M165.4M157.5M91.8M
Non Currrent Assets Other5.3M5.4M12.0M4.1M4.4M3.9M
Other Assets5.7M5.4M12.0M4.1M4.8M5.0M
Cash And Short Term Investments20.0M4.7M2.9M2.0M2.1M2.0M
Net Receivables5.3M5.1M8.2M11.6M9.5M10.0M
Common Stock Shares Outstanding71.4M103.9M141.9M184.4M212.7M223.3M
Liabilities And Stockholders Equity231.0M284.8M213.4M190.8M180.5M116.6M
Non Current Liabilities Total57.2M64.6M63.9M50.1M47.1M49.4M
Other Stockholder Equity44.8M49.2M57.9M9.8M11.3M10.7M
Total Liab92.0M103.7M109.6M92.2M108.3M113.7M
Property Plant And Equipment Gross190.4M259.3M342.6M360.8M379.4M398.4M
Total Current Assets34.9M20.1M23.5M25.4M23.0M24.8M
Accumulated Other Comprehensive Income44.8M49.2M57.9M60.7M61.3M64.3M
Inventory7.2M8.1M10.0M8.8M8.7M6.4M
Other Current Assets2.5M2.2M4.6M3.0M2.8M2.8M
Other Current Liab4.4M4.6M2.2M991K16.8M17.6M
Short Long Term Debt Total22.0M31.6M20.6M13.6M21.9M15.8M
Short Term Debt5.6M9.4M11.0M2.7M21.9M23.0M
Common Stock Total Equity207.0M212.9M284.7M350.7M403.3M225.3M
Common Stock284.7M350.7M423.1M449.4M455.5M285.7M
Other Liab41.6M42.4M54.3M39.2M45.1M27.4M
Net Tangible Assets126.1M169.7M93.1M81.2M93.4M111.7M
Property Plant Equipment190.4M259.3M177.9M161.3M185.5M145.3M
Long Term Debt9.9M18.5M8.7M9.6M11.1M9.2M
Short Long Term Debt5.6M9.4M11.0M2.7M21.9M23.0M
Long Term Debt Total16.3M22.2M9.7M10.9M12.5M11.2M
Non Current Liabilities Other5.6M4.6M1.5M1.8M1.6M2.4M
Net Invested Capital141.8M197.6M112.7M93.6M75.3M94.0M

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 World Market Map to better understand how to build diversified portfolios, which includes a position in Americas Silver Corp. 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.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.