Americas Ptb Ratio from 2010 to 2024
| USAS Stock | USD 0.24 0.01 4.35% |
PTB Ratio | First Reported 2010-12-31 | Previous Quarter 1.01658823 | Current Value 0.97 | Quarterly Volatility 0.98654341 |
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 22.9 M, Interest Expense of 8.6 M or Other Operating Expenses of 116.1 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.
Americas | Ptb Ratio |
Latest Americas Silver's Ptb Ratio Growth Pattern
Below is the plot of the Ptb Ratio of Americas Silver Corp over the last few years. It is 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. Americas Silver's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Americas Silver's overall financial position and show how it may be relating to other accounts over time.
| Ptb Ratio | 10 Years Trend |
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Ptb Ratio |
| Timeline |
Americas Ptb Ratio Regression Statistics
| Arithmetic Mean | 1.42 | |
| Geometric Mean | 1.14 | |
| Coefficient Of Variation | 69.68 | |
| Mean Deviation | 0.70 | |
| Median | 1.23 | |
| Standard Deviation | 0.99 | |
| Sample Variance | 0.97 | |
| Range | 3.7983 | |
| R-Value | (0.35) | |
| Mean Square Error | 0.92 | |
| R-Squared | 0.12 | |
| Significance | 0.20 | |
| Slope | (0.08) | |
| Total Sum of Squares | 13.63 |
Americas Ptb Ratio History
About Americas Silver Financial Statements
Americas Silver shareholders use historical fundamental indicators, such as Ptb Ratio, to determine how well the company is positioned to perform in the future. Although Americas Silver investors may analyze each financial statement separately, they are all interrelated. The changes in Americas Silver's assets and liabilities, for example, are also reflected in the revenues and expenses on on Americas Silver's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| PTB Ratio | 1.02 | 0.97 |
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
| 0.63 | VZLA | Vizsla Resources Corp Earnings Call This Week | PairCorr |
Moving against Americas Stock
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.Additional Tools for Americas Stock Analysis
When running Americas Silver's price analysis, check to measure Americas Silver'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 Americas Silver is operating at the current time. Most of Americas Silver's value examination focuses on studying past and present price action to predict the probability of Americas Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americas Silver's price. Additionally, you may evaluate how the addition of Americas Silver to your portfolios can decrease your overall portfolio volatility.