Norstra Energy Stock Number Of Shares Shorted
| NORX Stock | USD 0.0001 0.00 0.000003% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess Norstra Energy's long-term financial health and intrinsic value.
Norstra | Number Of Shares Shorted | Build AI portfolio with Norstra Stock |
Norstra Energy Company Number Of Shares Shorted Analysis
Norstra Energy'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 |
Norstra Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Norstra Energy is extremely important. It helps to project a fair market value of Norstra Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Norstra Energy's 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 Norstra Energy's 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 Norstra Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
| Competition |
Based on the recorded statements, Norstra Energy has 0.0 of outstending shares currently sold short by investors. This is 100.0% lower than that of the Basic Materials sector and about the same as Independent Oil & Gas (which currently averages 0.0) industry. The number of shares shorted for all United States stocks is 100.0% higher than that of the company.
Norstra Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Norstra Energy'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 Norstra Energy could also be used in its relative valuation, which is a method of valuing Norstra Energy by comparing valuation metrics of similar companies.Norstra Energy is currently under evaluation in number of shares shorted category among its peers.
Norstra Fundamentals
| Current Valuation | 667.92 K | ||||
| Shares Outstanding | 38.25 M | ||||
| Price To Earning | (0.02) X | ||||
| Price To Book | 104.76 X | ||||
| EBITDA | (331.99 K) | ||||
| Net Income | (42.46 K) | ||||
| Cash And Equivalents | 172.2 K | ||||
| Total Debt | 108.27 K | ||||
| Debt To Equity | 2.95 % | ||||
| Current Ratio | 2.04 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (40.38 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 12.48 | ||||
| Market Capitalization | 3.83 K | ||||
| Total Asset | 125.11 K | ||||
| Retained Earnings | (44.09 K) | ||||
| Working Capital | 87 K | ||||
| Current Asset | 172 K | ||||
| Current Liabilities | 85 K | ||||
| Net Asset | 125.11 K |
About Norstra Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Norstra Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Norstra Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Norstra Energy 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.
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.Additional Tools for Norstra Stock Analysis
When running Norstra Energy's price analysis, check to measure Norstra Energy's 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 Norstra Energy is operating at the current time. Most of Norstra Energy's value examination focuses on studying past and present price action to predict the probability of Norstra Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norstra Energy's price. Additionally, you may evaluate how the addition of Norstra Energy to your portfolios can decrease your overall portfolio volatility.