D
Pace Metals Ltd.
PACE.V
TSX
D
Sell
3/5/2025Upgraded
Pace Metals Ltd. (PACE.V) was upgraded to D- from E+ on 3/5/2025 due to an increase in the volatility index and total return index.
Pace Metals Ltd. (PACE.V) was upgraded to D- from E+ on 3/5/2025 due to an increase in the volatility index and total return index.
E
Sell
2/18/2025Downgrade
Pace Metals Ltd. (PACE.V) was downgraded to E+ from D- on 2/18/2025 due to a decline in the volatility index.
Pace Metals Ltd. (PACE.V) was downgraded to E+ from D- on 2/18/2025 due to a decline in the volatility index.
D
Sell
1/30/2025Upgraded
Pace Metals Ltd. (PACE.V) was upgraded to D- from E+ on 1/30/2025 due to an increase in the volatility index.
Pace Metals Ltd. (PACE.V) was upgraded to D- from E+ on 1/30/2025 due to an increase in the volatility index.
E
Sell
8/19/2024Downgrade
Pace Metals Ltd. (PACE.V) was downgraded to E+ from D- on 8/19/2024 due to a decline in the volatility index, solvency index and valuation index. The quick ratio declined from 0.38 to 0.25.
Pace Metals Ltd. (PACE.V) was downgraded to E+ from D- on 8/19/2024 due to a decline in the volatility index, solvency index and valuation index. The quick ratio declined from 0.38 to 0.25.
D
Sell
3/4/2024Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 3/4/2024 due to an increase in the valuation index.
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 3/4/2024 due to an increase in the valuation index.
E
Sell
9/7/2023Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 9/7/2023 due to a noticeable decline in the total return index, valuation index and growth index. Operating cash flow declined 94.09% from -$175.9 to -$341.4.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 9/7/2023 due to a noticeable decline in the total return index, valuation index and growth index. Operating cash flow declined 94.09% from -$175.9 to -$341.4.
D
Sell
6/7/2023Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 6/7/2023 due to an increase in the valuation index and total return index.
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 6/7/2023 due to an increase in the valuation index and total return index.
E
Sell
3/14/2023Downgrade
Pace Metals Ltd. (PACE.V) was downgraded to E+ from D on 03/14/2023.
Pace Metals Ltd. (PACE.V) was downgraded to E+ from D on 03/14/2023.
D
Sell
2/9/2023Upgraded
Pace Metals Ltd. (PACE.V) was upgraded to D from E+ on 02/09/2023.
Pace Metals Ltd. (PACE.V) was upgraded to D from E+ on 02/09/2023.
E
Sell
2/8/2023Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D on 2/8/2023 due to a decline in the valuation index.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D on 2/8/2023 due to a decline in the valuation index.
D
Sell
1/4/2023Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 1/4/2023 due to an increase in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 1/4/2023 due to an increase in the volatility index and total return index.
D
Sell
12/16/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 12/16/2022 due to a decline in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 12/16/2022 due to a decline in the volatility index and total return index.
D
Sell
11/30/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 11/30/2022 due to an increase in the volatility index, growth index and total return index. EBIT increased 40.39% from -$147.3 to -$87.8, earnings per share increased from -$0.002 to -$0.0014, and operating cash flow increased 4.51% from -$86.5 to -$82.6.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 11/30/2022 due to an increase in the volatility index, growth index and total return index. EBIT increased 40.39% from -$147.3 to -$87.8, earnings per share increased from -$0.002 to -$0.0014, and operating cash flow increased 4.51% from -$86.5 to -$82.6.
D
Sell
11/28/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 11/28/2022 due to a decline in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 11/28/2022 due to a decline in the volatility index and total return index.
D
Sell
11/9/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 11/9/2022 due to an increase in the volatility index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 11/9/2022 due to an increase in the volatility index.
D
Sell
10/21/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 10/21/2022 due to a decline in the volatility index.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 10/21/2022 due to a decline in the volatility index.
D
Sell
10/4/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 10/4/2022 due to an increase in the total return index and volatility index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 10/4/2022 due to an increase in the total return index and volatility index.
D
Sell
9/2/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 9/2/2022 due to a decline in the valuation index, volatility index and growth index. Operating cash flow declined 34.68% from -$64.3 to -$86.6, EBIT declined 27.42% from -$115.6 to -$147.3, and earnings per share declined from -$0.0016 to -$0.002.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 9/2/2022 due to a decline in the valuation index, volatility index and growth index. Operating cash flow declined 34.68% from -$64.3 to -$86.6, EBIT declined 27.42% from -$115.6 to -$147.3, and earnings per share declined from -$0.0016 to -$0.002.
D
Sell
8/29/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 8/29/2022 due to an increase in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 8/29/2022 due to an increase in the volatility index and total return index.
D
Sell
8/12/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 8/12/2022 due to a decline in the volatility index.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 8/12/2022 due to a decline in the volatility index.
D
Sell
7/25/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 7/25/2022 due to an increase in the volatility index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 7/25/2022 due to an increase in the volatility index.
D
Sell
7/7/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 7/7/2022 due to a decline in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 7/7/2022 due to a decline in the volatility index and total return index.
D
Sell
6/17/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 6/17/2022 due to an increase in the volatility index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 6/17/2022 due to an increase in the volatility index.
D
Sell
6/1/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 6/1/2022 due to a decline in the volatility index and solvency index. The quick ratio declined from 4.21 to 2.94.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 6/1/2022 due to a decline in the volatility index and solvency index. The quick ratio declined from 4.21 to 2.94.
D
Sell
5/16/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from E+ on 5/16/2022 due to an increase in the valuation index.
Brigadier Gold Limited (BRG.V) was upgraded to D from E+ on 5/16/2022 due to an increase in the valuation index.
E
Sell
5/13/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D on 5/13/2022 due to a decline in the volatility index.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D on 5/13/2022 due to a decline in the volatility index.
D
Sell
5/5/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 5/5/2022 due to an increase in the volatility index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 5/5/2022 due to an increase in the volatility index.
D
Sell
5/4/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 5/4/2022 due to a major increase in the growth index. Operating cash flow increased 30.14% from -$131.4 to -$91.8.
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 5/4/2022 due to a major increase in the growth index. Operating cash flow increased 30.14% from -$131.4 to -$91.8.
E
Sell
4/19/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 4/19/2022 due to a decline in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 4/19/2022 due to a decline in the volatility index and total return index.
D
Sell
3/25/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 3/25/2022 due to an increase in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 3/25/2022 due to an increase in the volatility index and total return index.
E
Sell
2/18/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 2/18/2022 due to a decline in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 2/18/2022 due to a decline in the volatility index and total return index.
D
Sell
2/3/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 2/3/2022 due to an increase in the volatility index.
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 2/3/2022 due to an increase in the volatility index.
E
Sell
1/18/2022Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 1/18/2022 due to a decline in the total return index and volatility index.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 1/18/2022 due to a decline in the total return index and volatility index.
D
Sell
1/3/2022Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 1/3/2022 due to an increase in the volatility index.
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 1/3/2022 due to an increase in the volatility index.
E
Sell
12/16/2021Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 12/16/2021 due to a decline in the total return index and volatility index.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 12/16/2021 due to a decline in the total return index and volatility index.
D
Sell
12/1/2021Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 12/1/2021 due to an increase in the growth index and volatility index. Operating cash flow increased 77.24% from -$577.4 to -$131.4, earnings per share increased from -$0.0107 to -$0.0038, and EBIT increased 62.97% from -$789.6 to -$292.4.
Brigadier Gold Limited (BRG.V) was upgraded to D- from E+ on 12/1/2021 due to an increase in the growth index and volatility index. Operating cash flow increased 77.24% from -$577.4 to -$131.4, earnings per share increased from -$0.0107 to -$0.0038, and EBIT increased 62.97% from -$789.6 to -$292.4.
E
Sell
11/24/2021Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 11/24/2021 due to a major decline in the total return index, volatility index and solvency index.
Brigadier Gold Limited (BRG.V) was downgraded to E+ from D- on 11/24/2021 due to a major decline in the total return index, volatility index and solvency index.
D
Sell
6/14/2021Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 6/14/2021 due to a substantial decline in the growth index and volatility index.
Brigadier Gold Limited (BRG.V) was downgraded to D- from D on 6/14/2021 due to a substantial decline in the growth index and volatility index.
D
Sell
7/2/2020Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 7/2/2020 due to a noticeable increase in the volatility index and total return index.
Brigadier Gold Limited (BRG.V) was upgraded to D from D- on 7/2/2020 due to a noticeable increase in the volatility index and total return index.
D
Sell
6/17/2020Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 6/17/2020 due to a noticeable decline in the total return index, efficiency index and volatility index. Total capital declined 85.69% from $132.8 to $19.
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 6/17/2020 due to a noticeable decline in the total return index, efficiency index and volatility index. Total capital declined 85.69% from $132.8 to $19.
D
Sell
4/30/2020Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 4/30/2020 due to a noticeable increase in the growth index and efficiency index.
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 4/30/2020 due to a noticeable increase in the growth index and efficiency index.
D
Sell
4/29/2020Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 4/29/2020 due to a decline in the solvency index, volatility index and total return index.
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 4/29/2020 due to a decline in the solvency index, volatility index and total return index.
D
Sell
4/3/2020Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 4/3/2020 due to an increase in the volatility index and total return index.
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 4/3/2020 due to an increase in the volatility index and total return index.
D
Sell
3/19/2020Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 3/19/2020 due to a decline in the volatility index and total return index.
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 3/19/2020 due to a decline in the volatility index and total return index.
D
Sell
11/19/2019Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 11/19/2019 due to an increase in the total return index and volatility index.
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 11/19/2019 due to an increase in the total return index and volatility index.
D
Sell
8/23/2019Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 8/23/2019 due to a major decline in the total return index, growth index and valuation index. Operating cash flow declined 68.68% from -$54.6 to -$92.1, EBIT declined 54.82% from -$36.3 to -$56.2, and earnings per share declined from -$0.0015 to -$0.0019.
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 8/23/2019 due to a major decline in the total return index, growth index and valuation index. Operating cash flow declined 68.68% from -$54.6 to -$92.1, EBIT declined 54.82% from -$36.3 to -$56.2, and earnings per share declined from -$0.0015 to -$0.0019.
D
Sell
5/2/2019Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D from C on 5/2/2019 due to a significant decline in the efficiency index, growth index and valuation index. Operating cash flow declined 382.62% from -$39.7 to -$191.6.
Brigadier Gold Limited (BRGH.V) was downgraded to D from C on 5/2/2019 due to a significant decline in the efficiency index, growth index and valuation index. Operating cash flow declined 382.62% from -$39.7 to -$191.6.
C
Hold
4/1/2019Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to C from C- on 4/1/2019 due to a major increase in the total return index, volatility index and valuation index.
Brigadier Gold Limited (BRGH.V) was upgraded to C from C- on 4/1/2019 due to a major increase in the total return index, volatility index and valuation index.
C
Hold
2/11/2019Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to C- from D+ on 2/11/2019 due to an increase in the total return index.
Brigadier Gold Limited (BRGH.V) was upgraded to C- from D+ on 2/11/2019 due to an increase in the total return index.
D
Sell
12/12/2018Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D+ from C- on 12/12/2018 due to a decline in the total return index and volatility index.
Brigadier Gold Limited (BRGH.V) was downgraded to D+ from C- on 12/12/2018 due to a decline in the total return index and volatility index.
C
Hold
11/27/2018Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to C- from D on 11/27/2018 due to a significant increase in the efficiency index, growth index and valuation index. Operating cash flow increased 85.44% from -$272.7 to -$39.7, earnings per share increased from -$0.02 to -$0.0059, and net income increased 68.94% from -$317.4 to -$98.6.
Brigadier Gold Limited (BRGH.V) was upgraded to C- from D on 11/27/2018 due to a significant increase in the efficiency index, growth index and valuation index. Operating cash flow increased 85.44% from -$272.7 to -$39.7, earnings per share increased from -$0.02 to -$0.0059, and net income increased 68.94% from -$317.4 to -$98.6.
D
Sell
9/20/2018Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D from D+ on 9/20/2018 due to a decline in the total return index.
Brigadier Gold Limited (BRGH.V) was downgraded to D from D+ on 9/20/2018 due to a decline in the total return index.
D
Sell
9/5/2018Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to D+ from D on 9/5/2018 due to an increase in the total return index.
Brigadier Gold Limited (BRGH.V) was upgraded to D+ from D on 9/5/2018 due to an increase in the total return index.
D
Sell
8/21/2018Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D from D+ on 8/21/2018 due to a significant decline in the efficiency index, solvency index and volatility index. Net income declined 246.89% from -$91.5 to -$317.4.
Brigadier Gold Limited (BRGH.V) was downgraded to D from D+ on 8/21/2018 due to a significant decline in the efficiency index, solvency index and volatility index. Net income declined 246.89% from -$91.5 to -$317.4.
D
Sell
6/5/2018Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D+ from C- on 6/5/2018 due to a large decline in the growth index, solvency index and valuation index. Earnings per share declined from $0.001 to -$0.0076, the quick ratio declined from 0.76 to 0.07, and EBIT declined 49.06% from -$58.5 to -$87.2.
Brigadier Gold Limited (BRGH.V) was downgraded to D+ from C- on 6/5/2018 due to a large decline in the growth index, solvency index and valuation index. Earnings per share declined from $0.001 to -$0.0076, the quick ratio declined from 0.76 to 0.07, and EBIT declined 49.06% from -$58.5 to -$87.2.
C
Hold
5/15/2018Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to C- from D+ on 5/15/2018 due to an increase in the volatility index, total return index and valuation index.
Brigadier Gold Limited (BRGH.V) was upgraded to C- from D+ on 5/15/2018 due to an increase in the volatility index, total return index and valuation index.
D
Sell
5/1/2018Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to D+ from D on 5/1/2018 due to a significant increase in the efficiency index, growth index and solvency index. Net income increased 111.86% from -$105.4 to $12.5, earnings per share increased from -$0.0087 to $0.0008, and EBIT increased 44.34% from -$105.1 to -$58.5.
Brigadier Gold Limited (BRGH.V) was upgraded to D+ from D on 5/1/2018 due to a significant increase in the efficiency index, growth index and solvency index. Net income increased 111.86% from -$105.4 to $12.5, earnings per share increased from -$0.0087 to $0.0008, and EBIT increased 44.34% from -$105.1 to -$58.5.
D
Sell
3/20/2018Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 3/20/2018 due to an increase in the total return index and volatility index.
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 3/20/2018 due to an increase in the total return index and volatility index.
D
Sell
2/12/2018Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 2/12/2018 due to a decline in the volatility index and total return index.
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 2/12/2018 due to a decline in the volatility index and total return index.
D
Sell
1/26/2018Upgraded
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 1/26/2018 due to an increase in the volatility index and total return index.
Brigadier Gold Limited (BRGH.V) was upgraded to D from D- on 1/26/2018 due to an increase in the volatility index and total return index.
D
Sell
1/11/2018Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 1/11/2018 due to a major decline in the total return index, efficiency index and volatility index. Total capital declined 143.98% from $71.4 to -$31.4.
Brigadier Gold Limited (BRGH.V) was downgraded to D- from D on 1/11/2018 due to a major decline in the total return index, efficiency index and volatility index. Total capital declined 143.98% from $71.4 to -$31.4.
D
Sell
3/21/2017Downgrade
Brigadier Gold Limited (BRGH.V) was downgraded to D from D+ on 3/21/2017 due to a substantial decline in the valuation index, growth index and volatility index. Earnings per share declined from -$0.0067 to -$0.0227.
Brigadier Gold Limited (BRGH.V) was downgraded to D from D+ on 3/21/2017 due to a substantial decline in the valuation index, growth index and volatility index. Earnings per share declined from -$0.0067 to -$0.0227.
D
Sell
7/1/2015Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to D+ from C- on 7/1/2015 due to a decline in the volatility index.
Brigadier Gold Limited (BRG.V) was downgraded to D+ from C- on 7/1/2015 due to a decline in the volatility index.
C
Hold
12/19/2014Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to C- from D+ on 12/19/2014 due to a substantial increase in the valuation index, growth index and solvency index. Debt to equity declined from -0.42 to -0.4.
Brigadier Gold Limited (BRG.V) was upgraded to C- from D+ on 12/19/2014 due to a substantial increase in the valuation index, growth index and solvency index. Debt to equity declined from -0.42 to -0.4.
D
Sell
8/1/2014Downgrade
Pace Metals Ltd. (PACE.V) was downgraded to D+ from C- on 08/01/2014.
Pace Metals Ltd. (PACE.V) was downgraded to D+ from C- on 08/01/2014.
C
Hold
6/9/2014Downgrade
Brigadier Gold Limited (BRG.V) was downgraded to C- from C on 6/9/2014 due to a large decline in the growth index and solvency index. The quick ratio declined from 0.08 to 0.02, and debt to equity increased from -0.4 to -0.43.
Brigadier Gold Limited (BRG.V) was downgraded to C- from C on 6/9/2014 due to a large decline in the growth index and solvency index. The quick ratio declined from 0.08 to 0.02, and debt to equity increased from -0.4 to -0.43.
C
Hold
5/22/2014Upgraded
Brigadier Gold Limited (BRG.V) was upgraded to C from D on 5/22/2014 due to a significant increase in the efficiency index, growth index and valuation index.
Brigadier Gold Limited (BRG.V) was upgraded to C from D on 5/22/2014 due to a significant increase in the efficiency index, growth index and valuation index.