Exactech Stock Number Of Shares Shorted
Exactech fundamentals help investors to digest information that contributes to Exactech's financial success or failures. It also enables traders to predict the movement of Exactech Stock. The fundamental analysis module provides a way to measure Exactech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Exactech stock.
Exactech |
Exactech Company Number Of Shares Shorted Analysis
Exactech's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Exactech Number Of Shares Shorted | 153.16 K |
Most of Exactech's fundamental indicators, such as Number Of Shares Shorted, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Exactech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
CompetitionBased on the recorded statements, Exactech has 153.16 K of outstending shares currently sold short by investors. This is 95.21% lower than that of the sector and 92.41% lower than that of the Number Of Shares Shorted industry. The number of shares shorted for all United States stocks is 96.74% higher than that of the company.
Exactech Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Exactech's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Exactech could also be used in its relative valuation, which is a method of valuing Exactech by comparing valuation metrics of similar companies.Exactech is currently under evaluation in number of shares shorted category among related companies.
Exactech Fundamentals
| Return On Equity | 0.0826 | |||
| Return On Asset | 0.0669 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 8.71 % | |||
| Current Valuation | 710.53 M | |||
| Shares Outstanding | 14.42 M | |||
| Shares Owned By Insiders | 27.42 % | |||
| Shares Owned By Institutions | 53.58 % | |||
| Number Of Shares Shorted | 153.16 K | |||
| Price To Earning | 23.39 X | |||
| Price To Book | 2.83 X | |||
| Price To Sales | 2.69 X | |||
| Revenue | 264.44 M | |||
| Gross Profit | 177.32 M | |||
| EBITDA | 43.18 M | |||
| Net Income | 486 K | |||
| Cash And Equivalents | 11.72 M | |||
| Cash Per Share | 0.82 X | |||
| Total Debt | 14 M | |||
| Debt To Equity | 5.50 % | |||
| Current Ratio | 4.08 X | |||
| Book Value Per Share | 11.59 X | |||
| Cash Flow From Operations | 36.97 M | |||
| Short Ratio | 0.45 X | |||
| Earnings Per Share | 0.03 X | |||
| Price To Earnings To Growth | 3.95 X | |||
| Number Of Employees | 733 | |||
| Beta | 0.39 | |||
| Market Capitalization | 710.38 M | |||
| Total Asset | 56.77 M | |||
| Retained Earnings | 153.69 M | |||
| Working Capital | 30.94 M | |||
| Current Asset | 37.49 M | |||
| Current Liabilities | 6.54 M | |||
| Z Score | 36.8 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Exactech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Exactech's short interest history, or implied volatility extrapolated from Exactech options trading.
Pair Trading with Exactech
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 Exactech 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 Exactech will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Sysco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sysco 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 Sysco - 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 Sysco to buy it.
The correlation of Sysco 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 Sysco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sysco 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 Sysco 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Exactech information on this page should be used as a complementary analysis to other Exactech's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Other Consideration for investing in Exactech Stock
If you are still planning to invest in Exactech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Exactech's history and understand the potential risks before investing.
| Transaction History View history of all your transactions and understand their impact on performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |