Westbond Enterprises Corp Stock Short Ratio
| WBE Stock | CAD 0.12 0.02 14.29% |
Westbond Enterprises Corp fundamentals help investors to digest information that contributes to Westbond Enterprises' financial success or failures. It also enables traders to predict the movement of Westbond Stock. The fundamental analysis module provides a way to measure Westbond Enterprises' 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 Westbond Enterprises stock.
Westbond | Short Ratio |
Westbond Enterprises Corp Company Short Ratio Analysis
Westbond Enterprises' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Westbond Enterprises Short Ratio | 0.02 X |
Most of Westbond Enterprises' fundamental indicators, such as Short Ratio, 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, Westbond Enterprises Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Westbond Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Westbond Enterprises is extremely important. It helps to project a fair market value of Westbond Stock properly, considering its historical fundamentals such as Short Ratio. Since Westbond Enterprises' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westbond Enterprises' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westbond Enterprises' interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
| Competition |
Westbond Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Westbond Enterprises Corp has a Short Ratio of 0.02 times. This is 99.5% lower than that of the Paper & Forest Products sector and 99.33% lower than that of the Materials industry. The short ratio for all Canada stocks is 99.5% higher than that of the company.
Westbond Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westbond Enterprises' direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westbond Enterprises could also be used in its relative valuation, which is a method of valuing Westbond Enterprises by comparing valuation metrics of similar companies.Westbond Enterprises is currently under evaluation in short ratio category among related companies.
Westbond Fundamentals
| Return On Equity | -0.0065 | ||||
| Return On Asset | 0.0038 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 6.69 M | ||||
| Shares Outstanding | 35.63 M | ||||
| Shares Owned By Insiders | 43.18 % | ||||
| Number Of Shares Shorted | 167 | ||||
| Price To Earning | 14.17 X | ||||
| Price To Book | 0.66 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 11.09 M | ||||
| Gross Profit | 2.75 M | ||||
| EBITDA | 2.14 M | ||||
| Net Income | 574.55 K | ||||
| Cash And Equivalents | 474.03 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 2.37 M | ||||
| Debt To Equity | 59.60 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 0.22 X | ||||
| Cash Flow From Operations | 1.93 M | ||||
| Short Ratio | 0.02 X | ||||
| Beta | 0.73 | ||||
| Market Capitalization | 4.28 M | ||||
| Total Asset | 13.42 M | ||||
| Retained Earnings | 3.23 M | ||||
| Working Capital | 1.61 M | ||||
| Net Asset | 13.42 M | ||||
| Last Dividend Paid | 0.005 |
About Westbond Enterprises Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westbond Enterprises Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westbond Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westbond Enterprises Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 Westbond Enterprises 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, Westbond Enterprises' short interest history, or implied volatility extrapolated from Westbond Enterprises options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Westbond Enterprises Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Westbond Stock analysis
When running Westbond Enterprises' price analysis, check to measure Westbond Enterprises' 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 Westbond Enterprises is operating at the current time. Most of Westbond Enterprises' value examination focuses on studying past and present price action to predict the probability of Westbond Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbond Enterprises' price. Additionally, you may evaluate how the addition of Westbond Enterprises to your portfolios can decrease your overall portfolio volatility.
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