Northwest Healthcare Properties Stock Short Ratio
| NWH-UN Stock | CAD 4.77 0.03 0.63% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess NorthWest Healthcare's long-term financial health and intrinsic value.
NorthWest |
NorthWest Healthcare Properties Company Short Ratio Analysis
NorthWest Healthcare's 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 NorthWest Healthcare Short Ratio | 3.67 X |
Most of NorthWest Healthcare's 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, NorthWest Healthcare Properties is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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, NorthWest Healthcare Properties has a Short Ratio of 3.67 times. This is 21.08% lower than that of the Diversified REITs sector and significantly higher than that of the Real Estate industry. The short ratio for all Canada stocks is 8.25% higher than that of the company.
NorthWest Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NorthWest Healthcare's 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 NorthWest Healthcare could also be used in its relative valuation, which is a method of valuing NorthWest Healthcare by comparing valuation metrics of similar companies.NorthWest Healthcare is currently under evaluation in short ratio category among its peers.
NorthWest Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | 0.0253 | ||||
| Profit Margin | (0.58) % | ||||
| Operating Margin | 0.55 % | ||||
| Current Valuation | 4.18 B | ||||
| Shares Outstanding | 248.4 M | ||||
| Shares Owned By Insiders | 11.00 % | ||||
| Shares Owned By Institutions | 20.61 % | ||||
| Number Of Shares Shorted | 1.84 M | ||||
| Price To Earning | 25.84 X | ||||
| Price To Book | 0.74 X | ||||
| Price To Sales | 2.75 X | ||||
| Revenue | 462.4 M | ||||
| Gross Profit | 325.01 M | ||||
| EBITDA | 277.28 M | ||||
| Net Income | (299.76 M) | ||||
| Cash And Equivalents | 130.66 M | ||||
| Cash Per Share | 0.74 X | ||||
| Total Debt | 262.74 M | ||||
| Debt To Equity | 1.22 % | ||||
| Current Ratio | 0.32 X | ||||
| Book Value Per Share | 6.41 X | ||||
| Cash Flow From Operations | 86.64 M | ||||
| Short Ratio | 3.67 X | ||||
| Earnings Per Share | (1.02) X | ||||
| Target Price | 5.61 | ||||
| Number Of Employees | 20 | ||||
| Beta | 1.17 | ||||
| Market Capitalization | 1.19 B | ||||
| Total Asset | 6.05 B | ||||
| Retained Earnings | (665.55 M) | ||||
| Working Capital | (225.07 M) | ||||
| Current Asset | 31.25 M | ||||
| Current Liabilities | 22.82 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 7.46 % | ||||
| Net Asset | 6.05 B | ||||
| Last Dividend Paid | 0.36 |
About NorthWest Healthcare Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NorthWest Healthcare Properties's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NorthWest Healthcare using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NorthWest Healthcare Properties 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 NorthWest Healthcare
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 NorthWest Healthcare 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 NorthWest Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with NorthWest Stock
Moving against NorthWest Stock
The ability to find closely correlated positions to NorthWest Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NorthWest Healthcare 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 NorthWest Healthcare - 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 NorthWest Healthcare Properties to buy it.
The correlation of NorthWest Healthcare 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 NorthWest Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NorthWest Healthcare 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 NorthWest Healthcare 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.Other Information on Investing in NorthWest Stock
NorthWest Healthcare financial ratios help investors to determine whether NorthWest Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NorthWest with respect to the benefits of owning NorthWest Healthcare security.