Abits Group Stock Short Ratio
| ABTS Stock | 3.61 0.33 8.38% |
Fundamental analysis of Abits allows traders to better anticipate movements in Abits' stock price by examining its financial health and performance throughout various phases of its business cycle.
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Abits Group Company Short Ratio Analysis
Abits' 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 Abits Short Ratio | 1.43 X |
Most of Abits' 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, Abits Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Abits Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Abits is extremely important. It helps to project a fair market value of Abits Stock properly, considering its historical fundamentals such as Short Ratio. Since Abits' 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 Abits' 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 Abits' 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.
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Abits Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Abits Group has a Short Ratio of 1.43 times. This is 82.79% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The short ratio for all United States stocks is 64.25% higher than that of the company.
Abits Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Abits' 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 Abits could also be used in its relative valuation, which is a method of valuing Abits by comparing valuation metrics of similar companies.Abits is currently under evaluation in short ratio category among its peers.
Abits Fundamentals
| Return On Equity | -0.0839 | ||||
| Return On Asset | -0.0705 | ||||
| Profit Margin | (0.14) % | ||||
| Operating Margin | (0.32) % | ||||
| Current Valuation | 7.3 M | ||||
| Shares Outstanding | 2.37 M | ||||
| Shares Owned By Insiders | 28.07 % | ||||
| Shares Owned By Institutions | 0.63 % | ||||
| Number Of Shares Shorted | 67 K | ||||
| Price To Book | 0.81 X | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 6.71 M | ||||
| Gross Profit | 3.38 M | ||||
| EBITDA | 1.86 M | ||||
| Net Income | (909.66 K) | ||||
| Total Debt | 990.35 K | ||||
| Book Value Per Share | 4.38 X | ||||
| Cash Flow From Operations | 1.92 M | ||||
| Short Ratio | 1.43 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Number Of Employees | 11 | ||||
| Beta | 3.18 | ||||
| Market Capitalization | 8.7 M | ||||
| Total Asset | 11.37 M | ||||
| Retained Earnings | (78.8 M) | ||||
| Working Capital | 687.29 K | ||||
| Net Asset | 11.37 M |
About Abits Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Abits Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Abits using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Abits Group 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.
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Additional Tools for Abits Stock Analysis
When running Abits' price analysis, check to measure Abits' 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 Abits is operating at the current time. Most of Abits' value examination focuses on studying past and present price action to predict the probability of Abits' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abits' price. Additionally, you may evaluate how the addition of Abits to your portfolios can decrease your overall portfolio volatility.