Pan Enterprise Value Multiple from 2010 to 2024
| PAAS Stock | USD 19.88 1.73 8.01% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter 9.9813167 | Current Value 10.48 | Quarterly Volatility 11.1443504 |
Check Pan American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pan American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 508.4 M, Interest Expense of 31.2 M or Total Revenue of 2.4 B, as well as many indicators such as Price To Sales Ratio of 2.13, Dividend Yield of 0.0132 or PTB Ratio of 1.04. Pan financial statements analysis is a perfect complement when working with Pan American Valuation or Volatility modules.
Pan | Enterprise Value Multiple |
Latest Pan American's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Pan American Silver over the last few years. It is Pan American's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pan American's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
|
Enterprise Value Multiple |
| Timeline |
Pan Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | 6.70 | |
| Coefficient Of Variation | 166.26 | |
| Mean Deviation | 5.54 | |
| Median | 9.39 | |
| Standard Deviation | 11.14 | |
| Sample Variance | 124.20 | |
| Range | 47.774 | |
| R-Value | 0.55 | |
| Mean Square Error | 92.80 | |
| R-Squared | 0.31 | |
| Significance | 0.03 | |
| Slope | 1.38 | |
| Total Sum of Squares | 1,739 |
Pan Enterprise Value Multiple History
About Pan American Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Pan American income statement, its balance sheet, and the statement of cash flows. Pan American investors use historical funamental indicators, such as Pan American's Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although Pan American investors may use each financial statement separately, they are all related. The changes in Pan American's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pan American's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Pan American Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Pan American. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | 9.98 | 10.48 |
Pair Trading with Pan American
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 Pan American 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 Pan American will appreciate offsetting losses from the drop in the long position's value.Moving together with Pan Stock
Moving against Pan Stock
| 0.85 | PKX | POSCO Holdings | PairCorr |
| 0.7 | CF | CF Industries Holdings | PairCorr |
| 0.67 | CLF | Cleveland Cliffs | PairCorr |
| 0.66 | NX | Quanex Building Products Fiscal Year End 12th of December 2024 | PairCorr |
| 0.64 | X | United States Steel Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Pan American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pan American 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 Pan American - 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 Pan American Silver to buy it.
The correlation of Pan American 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 Pan American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pan American Silver 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 Pan American 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.Additional Tools for Pan Stock Analysis
When running Pan American's price analysis, check to measure Pan American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.