Mind Technology Pref Preferred Stock Number Of Shares Shorted
Mind Technology's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Mind Preferred Stock price.
Mind |
Mind Technology Pref Company Number Of Shares Shorted Analysis
Mind Technology'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 Mind Technology Number Of Shares Shorted | 3.04 K |
Most of Mind Technology'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, Mind Technology Pref 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, Mind Technology Pref has 3.04 K of outstending shares currently sold short by investors. This is 99.92% lower than that of the Energy Equipment & Services sector and 99.89% lower than that of the Energy industry. The number of shares shorted for all United States preferred stocks is 99.94% higher than that of the company.
Mind Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mind Technology's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Mind Technology could also be used in its relative valuation, which is a method of valuing Mind Technology by comparing valuation metrics of similar companies.Mind Technology is currently under evaluation in number of shares shorted category among its peers.
Mind Fundamentals
| Return On Equity | -0.55 | ||||
| Return On Asset | -0.22 | ||||
| Profit Margin | (0.58) % | ||||
| Operating Margin | (0.47) % | ||||
| Current Valuation | 368.03 M | ||||
| Shares Outstanding | 12.09 M | ||||
| Number Of Shares Shorted | 3.04 K | ||||
| Price To Earning | (9.22) X | ||||
| Price To Sales | 0.43 X | ||||
| Revenue | 23.11 M | ||||
| Gross Profit | 6.02 M | ||||
| EBITDA | (12.91 M) | ||||
| Net Income | (15.09 M) | ||||
| Cash And Equivalents | 833 K | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 2 M | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 2.87 X | ||||
| Book Value Per Share | (1.13) X | ||||
| Cash Flow From Operations | (17.13 M) | ||||
| Short Ratio | 0.53 X | ||||
| Earnings Per Share | (1.22) X | ||||
| Number Of Employees | 200 | ||||
| Beta | 1.56 | ||||
| Market Capitalization | 14.97 M | ||||
| Total Asset | 42.02 M | ||||
| Working Capital | 20.13 M | ||||
| Current Asset | 36.43 M | ||||
| Current Liabilities | 16.3 M | ||||
| Z Score | 4.2 | ||||
| Annual Yield | 0.36 % | ||||
| Five Year Return | 11.39 % | ||||
| Net Asset | 42.02 M |
Pair Trading with Mind Technology
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 Mind Technology 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 Mind Technology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Noble Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Noble Plc 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 Noble Plc - 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 Noble plc to buy it.
The correlation of Noble Plc 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 Noble Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Noble plc 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 Noble Plc 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 Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Mind Preferred Stock
If you are still planning to invest in Mind Technology Pref 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 Mind Technology's history and understand the potential risks before investing.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |