Altice Usa Stock Short Ratio
| ATUS Stock | USD 2.43 0.10 4.29% |
Altice USA fundamentals help investors to digest information that contributes to Altice USA's financial success or failures. It also enables traders to predict the movement of Altice Stock. The fundamental analysis module provides a way to measure Altice USA'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 Altice USA stock.
Altice | Short Ratio |
Altice USA Company Short Ratio Analysis
Altice USA'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 Altice USA Short Ratio | 11.44 X |
Most of Altice USA'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, Altice USA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Altice Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Altice USA is extremely important. It helps to project a fair market value of Altice Stock properly, considering its historical fundamentals such as Short Ratio. Since Altice USA'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 Altice USA'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 Altice USA's 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 |
Altice Discontinued Operations
Discontinued Operations |
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Based on the latest financial disclosure, Altice USA has a Short Ratio of 11.44 times. This is 37.67% higher than that of the Media sector and 129.72% higher than that of the Communication Services industry. The short ratio for all United States stocks is 186.0% lower than that of the firm.
Altice Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altice USA'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 Altice USA could also be used in its relative valuation, which is a method of valuing Altice USA by comparing valuation metrics of similar companies.Altice USA is currently under evaluation in short ratio category among related companies.
Altice USA ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Altice USA's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Altice USA's managers, analysts, and investors.Environmental | Governance | Social |
Altice USA Institutional Holders
Institutional Holdings refers to the ownership stake in Altice USA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Altice USA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Altice USA's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 4.8 M | Baupost Group Llc | 2024-03-31 | 4.8 M | Assenagon Asset Management Sa | 2024-03-31 | 4.5 M | Blackrock Inc | 2023-12-31 | 4.4 M | Raymond James & Associates | 2023-12-31 | 4.2 M | Balyasny Asset Management Llc | 2024-03-31 | 4 M | Mount Capital Ltd | 2024-03-31 | 3.9 M | Ares Management Llc | 2024-03-31 | 3.5 M | Cerberus Capital Management Lp | 2024-03-31 | 3.5 M | Clarkston Capital Partners, Llc | 2024-03-31 | 34.2 M | Vanguard Group Inc | 2024-03-31 | 21.3 M |
Altice Fundamentals
| Return On Equity | 0.82 | ||||
| Return On Asset | 0.0373 | ||||
| Profit Margin | 0.0007 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 26.05 B | ||||
| Shares Outstanding | 275.74 M | ||||
| Shares Owned By Insiders | 19.13 % | ||||
| Shares Owned By Institutions | 89.59 % | ||||
| Number Of Shares Shorted | 23.71 M | ||||
| Price To Earning | 3.16 X | ||||
| Price To Book | 27.46 X | ||||
| Price To Sales | 0.11 X | ||||
| Revenue | 9.24 B | ||||
| Gross Profit | 6.44 B | ||||
| EBITDA | 3.61 B | ||||
| Net Income | 53.2 M | ||||
| Cash And Equivalents | 250.58 M | ||||
| Cash Per Share | 0.55 X | ||||
| Total Debt | 25.39 B | ||||
| Current Ratio | 0.63 X | ||||
| Book Value Per Share | (0.94) X | ||||
| Cash Flow From Operations | 1.83 B | ||||
| Short Ratio | 11.44 X | ||||
| Earnings Per Share | 0.01 X | ||||
| Price To Earnings To Growth | 0.10 X | ||||
| Target Price | 3.13 | ||||
| Number Of Employees | 10.6 K | ||||
| Beta | 1.39 | ||||
| Market Capitalization | 1.07 B | ||||
| Total Asset | 32.72 B | ||||
| Retained Earnings | (601.08 M) | ||||
| Working Capital | (1.47 B) | ||||
| Current Asset | 1.31 B | ||||
| Current Liabilities | 2.92 B | ||||
| Net Asset | 32.72 B |
About Altice USA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altice USA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altice USA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altice USA 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 Altice USA
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 Altice USA 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 Altice USA will appreciate offsetting losses from the drop in the long position's value.Moving against Altice Stock
| 0.65 | WLYB | John Wiley Sons | PairCorr |
| 0.55 | IQ | iQIYI Inc | PairCorr |
| 0.55 | IMAQR | International Media | PairCorr |
| 0.53 | CURIW | CuriosityStream | PairCorr |
The ability to find closely correlated positions to Altice USA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altice USA 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 Altice USA - 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 Altice USA to buy it.
The correlation of Altice USA 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 Altice USA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altice USA 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 Altice USA 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 Altice USA Piotroski F Score and Altice USA Altman Z Score analysis. For more information on how to buy Altice Stock please use our How to Invest in Altice USA guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Altice Stock analysis
When running Altice USA's price analysis, check to measure Altice USA'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 Altice USA is operating at the current time. Most of Altice USA's value examination focuses on studying past and present price action to predict the probability of Altice USA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altice USA's price. Additionally, you may evaluate how the addition of Altice USA to your portfolios can decrease your overall portfolio volatility.
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Is Altice USA's industry 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 Altice USA. If investors know Altice 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 Altice USA 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 (0.22) | Earnings Share 0.01 | Revenue Per Share 20.189 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0373 |
The market value of Altice USA is measured differently than its book value, which is the value of Altice that is recorded on the company's balance sheet. Investors also form their own opinion of Altice USA's value that differs from its market value or its book value, called intrinsic value, which is Altice USA's 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 Altice USA's market value can be influenced by many factors that don't directly affect Altice USA's 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 Altice USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altice USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altice USA's 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.