Beyond Inc Stock Number Of Shares Shorted
| BYON Stock | 21.49 0.27 1.27% |
Beyond Inc fundamentals help investors to digest information that contributes to Beyond's financial success or failures. It also enables traders to predict the movement of Beyond Stock. The fundamental analysis module provides a way to measure Beyond'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 Beyond stock.
Beyond | Number Of Shares Shorted |
Beyond Inc Company Number Of Shares Shorted Analysis
Beyond'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 |
Beyond Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Beyond is extremely important. It helps to project a fair market value of Beyond Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Beyond'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 Beyond'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 Beyond's interrelated accounts and indicators.
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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, Beyond Inc has 0.0 of outstending shares currently sold short by investors. This is 100.0% lower than that of the Internet & Direct Marketing Retail sector and about the same as Consumer Discretionary (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.
Beyond Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Beyond'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 Beyond could also be used in its relative valuation, which is a method of valuing Beyond by comparing valuation metrics of similar companies.Beyond is currently under evaluation in number of shares shorted category among related companies.
Beyond Fundamentals
| Revenue | 1.56 B | ||||
| EBITDA | (225.36 M) | ||||
| Net Income | (307.84 M) | ||||
| Total Debt | 3.75 M | ||||
| Cash Flow From Operations | (18.59 M) | ||||
| Number Of Employees | 830 | ||||
| Total Asset | 635.82 M | ||||
| Retained Earnings | (481.67 M) | ||||
| Working Capital | 117.68 M | ||||
| Net Asset | 635.82 M |
About Beyond Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Beyond Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Beyond using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Beyond Inc 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 Beyond
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 Beyond 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 Beyond will appreciate offsetting losses from the drop in the long position's value.Moving together with Beyond Stock
| 0.64 | M | Macys Inc Financial Report 6th of June 2024 | PairCorr |
| 0.79 | W | Wayfair Earnings Call This Week | PairCorr |
| 0.69 | DIBS | 1StdibsCom Financial Report 8th of May 2024 | PairCorr |
Moving against Beyond Stock
| 0.59 | BQ | Boqii Holding Limited | PairCorr |
The ability to find closely correlated positions to Beyond could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Beyond 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 Beyond - 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 Beyond Inc to buy it.
The correlation of Beyond 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 Beyond moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Beyond Inc 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 Beyond 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 Beyond Piotroski F Score and Beyond Altman Z Score analysis. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Beyond Stock analysis
When running Beyond's price analysis, check to measure Beyond'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 Beyond is operating at the current time. Most of Beyond's value examination focuses on studying past and present price action to predict the probability of Beyond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond's price. Additionally, you may evaluate how the addition of Beyond to your portfolios can decrease your overall portfolio volatility.
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Is Beyond'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 Beyond. If investors know Beyond 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 Beyond listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Beyond Inc is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond's value that differs from its market value or its book value, called intrinsic value, which is Beyond'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 Beyond's market value can be influenced by many factors that don't directly affect Beyond'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 Beyond's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond'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.