Barnwell Industries Stock Short Ratio
| BRN Stock | USD 1.90 0.02 1.04% |
Barnwell Industries fundamentals help investors to digest information that contributes to Barnwell Industries' financial success or failures. It also enables traders to predict the movement of Barnwell Stock. The fundamental analysis module provides a way to measure Barnwell Industries' 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 Barnwell Industries stock.
Barnwell | Short Ratio |
Barnwell Industries Company Short Ratio Analysis
Barnwell Industries' 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 Barnwell Industries Short Ratio | 0.14 X |
Most of Barnwell Industries' 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, Barnwell Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Barnwell Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Barnwell Industries is extremely important. It helps to project a fair market value of Barnwell Stock properly, considering its historical fundamentals such as Short Ratio. Since Barnwell Industries' 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 Barnwell Industries' 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 Barnwell Industries' 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 |
Based on the latest financial disclosure, Barnwell Industries has a Short Ratio of 0.14 times. This is 97.28% lower than that of the Oil, Gas & Consumable Fuels sector and 96.41% lower than that of the Energy industry. The short ratio for all United States stocks is 96.5% higher than that of the company.
Barnwell Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Barnwell Industries' 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 Barnwell Industries could also be used in its relative valuation, which is a method of valuing Barnwell Industries by comparing valuation metrics of similar companies.Barnwell Industries is currently under evaluation in short ratio category among its peers.
Barnwell Fundamentals
| Return On Equity | -0.21 | ||||
| Return On Asset | -0.0398 | ||||
| Profit Margin | (0.16) % | ||||
| Operating Margin | (0.10) % | ||||
| Current Valuation | 14.68 M | ||||
| Shares Outstanding | 10.03 M | ||||
| Shares Owned By Insiders | 55.61 % | ||||
| Shares Owned By Institutions | 13.40 % | ||||
| Number Of Shares Shorted | 18.28 K | ||||
| Price To Earning | 3.81 X | ||||
| Price To Book | 1.27 X | ||||
| Price To Sales | 0.78 X | ||||
| Revenue | 25.27 M | ||||
| Gross Profit | 14.52 M | ||||
| EBITDA | 2.97 M | ||||
| Net Income | (811 K) | ||||
| Cash And Equivalents | 12.8 M | ||||
| Cash Per Share | 1.26 X | ||||
| Total Debt | 47 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 2.51 X | ||||
| Book Value Per Share | 1.49 X | ||||
| Cash Flow From Operations | 1.94 M | ||||
| Short Ratio | 0.14 X | ||||
| Earnings Per Share | (0.38) X | ||||
| Number Of Employees | 36 | ||||
| Beta | 0.11 | ||||
| Market Capitalization | 19.05 M | ||||
| Total Asset | 35.42 M | ||||
| Retained Earnings | 6.16 M | ||||
| Working Capital | 2.49 M | ||||
| Current Asset | 21.11 M | ||||
| Current Liabilities | 4.74 M | ||||
| Net Asset | 35.42 M | ||||
| Last Dividend Paid | 0.015 |
About Barnwell Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Barnwell Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Barnwell Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Barnwell Industries 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.
Pair Trading with Barnwell Industries
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 Barnwell Industries 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 Barnwell Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Barnwell Stock
Moving against Barnwell Stock
The ability to find closely correlated positions to Barnwell Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Barnwell Industries 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 Barnwell Industries - 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 Barnwell Industries to buy it.
The correlation of Barnwell Industries 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 Barnwell Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Barnwell Industries 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 Barnwell Industries 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 Barnwell Industries Piotroski F Score and Barnwell Industries Altman Z Score analysis. To learn how to invest in Barnwell Stock, please use our How to Invest in Barnwell Industries guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barnwell Industries. If investors know Barnwell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barnwell Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share (0.38) | Revenue Per Share 2.428 | Quarterly Revenue Growth (0.03) | Return On Assets (0.04) |
The market value of Barnwell Industries is measured differently than its book value, which is the value of Barnwell that is recorded on the company's balance sheet. Investors also form their own opinion of Barnwell Industries' value that differs from its market value or its book value, called intrinsic value, which is Barnwell Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barnwell Industries' market value can be influenced by many factors that don't directly affect Barnwell Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barnwell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Barnwell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barnwell Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.