Paranovus Entertainment Technology Stock Short Ratio

PAVS Stock

0.96 0.03 3.23%

Paranovus Entertainment Technology fundamentals help investors to digest information that contributes to Paranovus Entertainment's financial success or failures. It also enables traders to predict the movement of Paranovus Stock. The fundamental analysis module provides a way to measure Paranovus Entertainment's 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 Paranovus Entertainment stock.

Short Long Term Debt Total Total Assets

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Paranovus Entertainment Technology Company Short Ratio Analysis

Paranovus Entertainment'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.

Short Ratio

Short Interest

Average Trading Volume

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Current Paranovus Entertainment Short Ratio

0.07 X

Most of Paranovus Entertainment'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, Paranovus Entertainment Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Paranovus Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Paranovus Entertainment is extremely important. It helps to project a fair market value of Paranovus Stock properly, considering its historical fundamentals such as Short Ratio. Since Paranovus Entertainment'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 Paranovus Entertainment'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 Paranovus Entertainment's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Net Tangible Assets	Property Plant Equipment	Good Will	Short Term Investments	Current Deferred Revenue
Total Assets		0.97	-0.91	0.75	0.41	0.77	0.18	0.95	0.06	0.25	-0.44	0.85	0.19	-0.35	0.68	0.45	-0.1	0.01	-0.33	0.49
Total Stockholder Equity	0.97		-0.96	0.74	0.21	0.72	-0.06	0.95	0.04	0.18	-0.38	0.78	0.26	-0.32	0.63	0.4	-0.04	0.01	-0.27	0.32
Net Debt	-0.91	-0.96		-0.68	-0.1	-0.6	0.16	-0.92	-0.17	-0.09	0.29	-0.7	-0.38	0.25	-0.59	-0.41	-0.01	0.06	0.24	-0.24
Retained Earnings	0.75	0.74	-0.68		0.02	0.96	0.08	0.87	-0.49	-0.37	-0.89	0.93	-0.42	-0.84	0.96	0.84	-0.68	-0.59	-0.83	0.47
Accounts Payable	0.41	0.21	-0.1	0.02		0.2	0.85	0.2	0.28	0.73	0.01	0.3	0.09	0.16	0.04	0.0	0.1	0.37	0.02	0.73
Net Receivables	0.77	0.72	-0.6	0.96	0.2		0.23	0.85	-0.49	-0.22	-0.89	0.95	-0.46	-0.81	0.93	0.78	-0.64	-0.47	-0.79	0.55
Total Liab	0.18	-0.06	0.16	0.08	0.85	0.23		0.05	0.08	0.38	-0.25	0.33	-0.29	-0.12	0.19	0.2	-0.23	0.05	-0.25	0.72
Total Current Assets	0.95	0.95	-0.92	0.87	0.2	0.85	0.05		-0.09	-0.05	-0.6	0.9	0.04	-0.53	0.82	0.65	-0.26	-0.26	-0.52	0.4
Short Term Debt	0.06	0.04	-0.17	-0.49	0.28	-0.49	0.08	-0.09		0.53	0.64	-0.24	0.85	0.65	-0.4	-0.51	0.78	0.62	0.66	-0.25
Intangible Assets	0.25	0.18	-0.09	-0.37	0.73	-0.22	0.38	-0.05	0.53		0.55	-0.13	0.58	0.65	-0.45	-0.6	0.58	0.87	0.62	0.31
Common Stock	-0.44	-0.38	0.29	-0.89	0.01	-0.89	-0.25	-0.6	0.64	0.55		-0.83	0.75	0.95	-0.93	-0.87	0.86	0.75	0.95	-0.44
Net Invested Capital	0.85	0.78	-0.7	0.93	0.3	0.95	0.33	0.9	-0.24	-0.13	-0.83		-0.29	-0.75	0.94	0.75	-0.53	-0.38	-0.72	0.54
Short Long Term Debt	0.19	0.26	-0.38	-0.42	0.09	-0.46	-0.29	0.04	0.85	0.58	0.75	-0.29		0.73	-0.47	-0.58	0.88	0.71	0.77	-0.33
Capital Stock	-0.35	-0.32	0.25	-0.84	0.16	-0.81	-0.12	-0.53	0.65	0.65	0.95	-0.75	0.73		-0.89	-0.87	0.87	0.73	0.89	-0.27
Net Working Capital	0.68	0.63	-0.59	0.96	0.04	0.93	0.19	0.82	-0.4	-0.45	-0.93	0.94	-0.47	-0.89		0.9	-0.67	-0.65	-0.87	0.39
Net Tangible Assets	0.45	0.4	-0.41	0.84	0.0	0.78	0.2	0.65	-0.51	-0.6	-0.87	0.75	-0.58	-0.87	0.9		-0.75	-0.82	-0.93	0.42
Property Plant Equipment	-0.1	-0.04	-0.01	-0.68	0.1	-0.64	-0.23	-0.26	0.78	0.58	0.86	-0.53	0.88	0.87	-0.67	-0.75		0.75	0.89	-0.47
Good Will	0.01	0.01	0.06	-0.59	0.37	-0.47	0.05	-0.26	0.62	0.87	0.75	-0.38	0.71	0.73	-0.65	-0.82	0.75		0.88	-0.16
Short Term Investments	-0.33	-0.27	0.24	-0.83	0.02	-0.79	-0.25	-0.52	0.66	0.62	0.95	-0.72	0.77	0.89	-0.87	-0.93	0.89	0.88		-0.51
Current Deferred Revenue	0.49	0.32	-0.24	0.47	0.73	0.55	0.72	0.4	-0.25	0.31	-0.44	0.54	-0.33	-0.27	0.39	0.42	-0.47	-0.16	-0.51

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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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Paranovus Price To Sales Ratio

Price To Sales Ratio

1.26

At this time, Paranovus Entertainment's Price To Sales Ratio is comparatively stable compared to the past year.

Based on the latest financial disclosure, Paranovus Entertainment Technology has a Short Ratio of 0.07 times. This is 98.67% lower than that of the Food Products sector and 98.99% lower than that of the Consumer Staples industry. The short ratio for all United States stocks is 98.25% higher than that of the company.

Paranovus Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Paranovus Entertainment'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 Paranovus Entertainment could also be used in its relative valuation, which is a method of valuing Paranovus Entertainment by comparing valuation metrics of similar companies.

Paranovus Entertainment is currently under evaluation in short ratio category among its peers.

Paranovus Fundamentals

	Return On Equity	-0.4
	Return On Asset	-0.0798
	Profit Margin	(1.55) %
	Operating Margin	31.53 %
	Current Valuation	66.3 M
	Shares Outstanding	66.72 M
	Shares Owned By Insiders	65.00 %
	Shares Owned By Institutions	0.07 %
	Number Of Shares Shorted	28.31 K
	Price To Book	11.64 X
	Price To Sales	9.92 X
	Revenue	6.54 M
	EBITDA	(3.37 M)
	Net Income	(9.93 M)
	Total Debt	2.29 M
	Book Value Per Share	0.76 X
	Cash Flow From Operations	(11.88 M)
	Short Ratio	0.07 X
	Earnings Per Share	0.75 X
	Number Of Employees	11
	Market Capitalization	64.95 M
	Total Asset	7.73 M
	Retained Earnings	(61.96 M)
	Working Capital	291.33 K
	Net Asset	7.73 M

About Paranovus Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Paranovus Entertainment Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paranovus Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paranovus Entertainment Technology 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 Paranovus Stock Analysis

When running Paranovus Entertainment's price analysis, check to measure Paranovus Entertainment'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 Paranovus Entertainment is operating at the current time. Most of Paranovus Entertainment's value examination focuses on studying past and present price action to predict the probability of Paranovus Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paranovus Entertainment's price. Additionally, you may evaluate how the addition of Paranovus Entertainment to your portfolios can decrease your overall portfolio volatility.

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