Cts Corporation Stock Short Ratio

CTS Stock

USD 52.95 0.52 0.97%

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

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

CTS Corporation Company Short Ratio Analysis

CTS'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

More About Short Ratio | All Equity Analysis

Current CTS Short Ratio

7.55 X

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

CTS Short Ratio Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	-0.27	0.96	0.79	0.71	0.82	-0.25	0.74	0.46	0.82	-0.53	-0.75	-0.36	0.72	0.07	0.36	0.59	0.01	0.66	0.56	0.4	0.06	-0.72	0.49	0.67	0.62	0.17
Total Stockholder Equity	0.95		-0.41	0.95	0.64	0.46	0.67	-0.23	0.76	0.25	0.74	-0.61	-0.8	-0.2	0.77	0.21	0.55	0.69	-0.25	0.73	0.61	0.49	0.07	-0.82	0.54	0.73	0.68	0.2
Net Debt	-0.27	-0.41		-0.34	-0.01	0.13	-0.24	-0.33	-0.32	0.03	-0.52	0.73	0.49	0.41	-0.4	-0.03	-0.53	-0.38	0.59	-0.4	-0.39	-0.46	0.01	0.25	-0.46	-0.33	-0.45	-0.39
Retained Earnings	0.96	0.95	-0.34		0.69	0.58	0.71	-0.15	0.67	0.38	0.84	-0.65	-0.71	-0.42	0.65	0.07	0.35	0.6	-0.13	0.61	0.46	0.54	0.06	-0.72	0.35	0.55	0.49	0.06
Net Receivables	0.79	0.64	-0.01	0.69		0.81	0.81	-0.44	0.55	0.86	0.71	-0.45	-0.49	-0.41	0.49	-0.1	0.2	0.38	0.11	0.37	0.42	0.02	0.08	-0.53	0.23	0.44	0.38	0.21
Total Liab	0.71	0.46	0.13	0.58	0.81		0.81	-0.21	0.41	0.74	0.68	-0.14	-0.33	-0.56	0.32	-0.28	-0.21	0.14	0.59	0.25	0.23	0.04	0.01	-0.2	0.17	0.28	0.23	0.06
Total Current Assets	0.82	0.67	-0.24	0.71	0.81	0.81		-0.14	0.4	0.7	0.7	-0.36	-0.39	-0.45	0.38	-0.15	0.25	0.14	0.26	0.46	0.36	0.08	0.21	-0.34	0.55	0.45	0.54	0.07
Short Term Debt	-0.25	-0.23	-0.33	-0.15	-0.44	-0.21	-0.14		-0.34	-0.25	0.0	-0.02	0.15	-0.26	-0.3	-0.11	-0.28	-0.38	0.01	-0.25	-0.31	0.32	0.31	0.41	-0.16	-0.37	-0.29	-0.25
Intangible Assets	0.74	0.76	-0.32	0.67	0.55	0.41	0.4	-0.34		0.15	0.63	-0.45	-0.88	-0.14	0.98	0.03	0.42	0.83	-0.16	0.81	0.9	0.2	-0.22	-0.79	0.52	0.88	0.76	0.69
Accounts Payable	0.46	0.25	0.03	0.38	0.86	0.74	0.7	-0.25	0.15		0.57	-0.39	-0.11	-0.59	0.08	-0.28	-0.01	0.02	0.18	-0.01	0.07	-0.13	0.12	-0.1	0.0	0.06	0.04	0.07
Common Stock	0.82	0.74	-0.52	0.84	0.71	0.68	0.7	0.0	0.63	0.57		-0.78	-0.68	-0.79	0.6	-0.16	0.18	0.57	-0.08	0.45	0.42	0.53	-0.08	-0.48	0.24	0.42	0.37	0.26
Long Term Debt	-0.53	-0.61	0.73	-0.65	-0.45	-0.14	-0.36	-0.02	-0.45	-0.39	-0.78		0.59	0.6	-0.47	-0.05	-0.48	-0.59	0.66	-0.32	-0.34	-0.55	0.04	0.5	-0.14	-0.31	-0.26	-0.28
Treasury Stock	-0.75	-0.8	0.49	-0.71	-0.49	-0.33	-0.39	0.15	-0.88	-0.11	-0.68	0.59		0.18	-0.91	-0.31	-0.47	-0.76	0.33	-0.64	-0.74	-0.49	0.08	0.82	-0.39	-0.78	-0.66	-0.55
Property Plant Equipment	-0.36	-0.2	0.41	-0.42	-0.41	-0.56	-0.45	-0.26	-0.14	-0.59	-0.79	0.6	0.18		-0.09	0.46	0.26	-0.13	-0.1	0.02	0.03	-0.39	0.13	-0.1	0.13	0.11	0.12	-0.04
Good Will	0.72	0.77	-0.4	0.65	0.49	0.32	0.38	-0.3	0.98	0.08	0.6	-0.47	-0.91	-0.09		0.14	0.54	0.81	-0.25	0.84	0.93	0.21	-0.15	-0.83	0.56	0.92	0.8	0.73
Current Deferred Revenue	0.07	0.21	-0.03	0.07	-0.1	-0.28	-0.15	-0.11	0.03	-0.28	-0.16	-0.05	-0.31	0.46	0.14		0.39	0.08	-0.42	-0.09	0.01	0.21	0.11	-0.31	0.01	0.17	0.08	-0.01
Net Tangible Assets	0.36	0.55	-0.53	0.35	0.2	-0.21	0.25	-0.28	0.42	-0.01	0.18	-0.48	-0.47	0.26	0.54	0.39		0.42	-0.68	0.63	0.61	-0.01	0.23	-0.69	0.63	0.67	0.71	0.47
Total Permanent Equity	0.59	0.69	-0.38	0.6	0.38	0.14	0.14	-0.38	0.83	0.02	0.57	-0.59	-0.76	-0.13	0.81	0.08	0.42		-0.43	0.61	0.65	0.43	-0.3	-0.73	0.29	0.62	0.5	0.48
Long Term Debt Total	0.01	-0.25	0.59	-0.13	0.11	0.59	0.26	0.01	-0.16	0.18	-0.08	0.66	0.33	-0.1	-0.25	-0.42	-0.68	-0.43		-0.15	-0.22	-0.33	-0.03	0.41	-0.05	-0.19	-0.16	-0.24
Capital Surpluse	0.66	0.73	-0.4	0.61	0.37	0.25	0.46	-0.25	0.81	-0.01	0.45	-0.32	-0.64	0.02	0.84	-0.09	0.63	0.61	-0.15		0.88	-0.01	-0.03	-0.73	0.77	0.88	0.88	0.57
Deferred Long Term Liab	0.56	0.61	-0.39	0.46	0.42	0.23	0.36	-0.31	0.9	0.07	0.42	-0.34	-0.74	0.03	0.93	0.01	0.61	0.65	-0.22	0.88		-0.08	-0.06	-0.72	0.68	0.94	0.88	0.83
Accumulated Depreciation	0.4	0.49	-0.46	0.54	0.02	0.04	0.08	0.32	0.2	-0.13	0.53	-0.55	-0.49	-0.39	0.21	0.21	-0.01	0.43	-0.33	-0.01	-0.08		0.0	-0.27	-0.15	0.0	-0.06	-0.26
Short Long Term Debt	0.06	0.07	0.01	0.06	0.08	0.01	0.21	0.31	-0.22	0.12	-0.08	0.04	0.08	0.13	-0.15	0.11	0.23	-0.3	-0.03	-0.03	-0.06	0.0		-0.13	-0.03	-0.01	-0.02	-0.22
Long Term Investments	-0.72	-0.82	0.25	-0.72	-0.53	-0.2	-0.34	0.41	-0.79	-0.1	-0.48	0.5	0.82	-0.1	-0.83	-0.31	-0.69	-0.73	0.41	-0.73	-0.72	-0.27	-0.13		-0.36	-0.78	-0.64	-0.43
Cash And Equivalents	0.49	0.54	-0.46	0.35	0.23	0.17	0.55	-0.16	0.52	0.0	0.24	-0.14	-0.39	0.13	0.56	0.01	0.63	0.29	-0.05	0.77	0.68	-0.15	-0.03	-0.36		0.75	0.92	0.45
Net Invested Capital	0.67	0.73	-0.33	0.55	0.44	0.28	0.45	-0.37	0.88	0.06	0.42	-0.31	-0.78	0.11	0.92	0.17	0.67	0.62	-0.19	0.88	0.94	0.0	-0.01	-0.78	0.75		0.93	0.7
Net Working Capital	0.62	0.68	-0.45	0.49	0.38	0.23	0.54	-0.29	0.76	0.04	0.37	-0.26	-0.66	0.12	0.8	0.08	0.71	0.5	-0.16	0.88	0.88	-0.06	-0.02	-0.64	0.92	0.93		0.63
Capital Stock	0.17	0.2	-0.39	0.06	0.21	0.06	0.07	-0.25	0.69	0.07	0.26	-0.28	-0.55	-0.04	0.73	-0.01	0.47	0.48	-0.24	0.57	0.83	-0.26	-0.22	-0.43	0.45	0.7	0.63

Click cells to compare fundamentals

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

Predict CTS

Based on the latest financial disclosure, CTS Corporation has a Short Ratio of 7.55 times. This is 55.67% higher than that of the Electronic Equipment, Instruments & Components sector and 55.35% higher than that of the Information Technology industry. The short ratio for all United States stocks is 88.75% lower than that of the firm.

CTS Short Ratio Peer Comparison

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

CTS is currently under evaluation in short ratio category among related companies.

CTS 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, CTS's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CTS's managers, analysts, and investors.

Environmental

Governance

Social

CTS Institutional Holders

Institutional Holdings refers to the ownership stake in CTS that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CTS'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 CTS's value.

		Shares
Geode Capital Management, Llc	2023-12-31	709.8 K
Gabelli Funds Llc	2023-12-31	559.5 K
London Company Of Virginia	2023-12-31	525.6 K
Wasatch Advisors Lp	2023-12-31	370.3 K
Charles Schwab Investment Management Inc	2023-12-31	351.5 K
Bank Of New York Mellon Corp	2023-12-31	342.7 K
Harvey Partners Llc	2023-09-30	342.2 K
Northern Trust Corp	2023-12-31	336 K
Chartwell Investment Partners, Llc	2023-12-31	303.8 K
Blackrock Inc	2023-12-31	5 M
Vanguard Group Inc	2023-12-31	2.8 M

CTS Fundamentals

	Return On Equity	0.1
	Return On Asset	0.0635
	Profit Margin	0.10 %
	Operating Margin	0.13 %
	Current Valuation	1.55 B
	Shares Outstanding	30.57 M
	Shares Owned By Insiders	2.08 %
	Shares Owned By Institutions	99.65 %
	Number Of Shares Shorted	1.12 M
	Price To Earning	32.42 X
	Price To Book	2.68 X
	Price To Sales	2.56 X
	Revenue	550.42 M
	Gross Profit	214.73 M
	EBITDA	75.05 M
	Net Income	60.53 M
	Cash And Equivalents	156.91 M
	Cash Per Share	4.64 X
	Total Debt	96.86 M
	Debt To Equity	0.23 %
	Current Ratio	2.68 X
	Book Value Per Share	17.01 X
	Cash Flow From Operations	88.81 M
	Short Ratio	7.55 X
	Earnings Per Share	1.70 X
	Price To Earnings To Growth	2.05 X
	Target Price	45.67
	Number Of Employees	4.08 K
	Beta	0.62
	Market Capitalization	1.62 B
	Total Asset	741.17 M
	Retained Earnings	602.23 M
	Working Capital	222.31 M
	Current Asset	245.95 M
	Current Liabilities	94.62 M
	Annual Yield	0 %
	Five Year Return	0.54 %
	Net Asset	741.17 M
	Last Dividend Paid	0.16

About CTS Fundamental Analysis

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

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 CTS 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 CTS will appreciate offsetting losses from the drop in the long position's value.

Moving together with CTS Stock

0.7	FN	Fabrinet Fiscal Year End 19th of August 2024	Pair Corr
0.81	KE	Kimball Electronics Fiscal Year End 21st of August 2024	Pair Corr
0.88	KN	Knowles Cor	Pair Corr
0.87	UI	Ubiquiti Networks Fiscal Year End 23rd of August 2024	Pair Corr

Moving against CTS Stock

0.89	EMKR	EMCORE Fiscal Year End 10th of December 2024	Pair Corr
0.79	BAERW	Bridger Aerospace	Pair Corr
0.75	FFIV	F5 Networks Fiscal Year End 22nd of October 2024	Pair Corr
0.7	VIAV	Viavi Solutions Fiscal Year End 8th of August 2024	Pair Corr
0.69	EVLV	Evolv Technologies	Pair Corr

The ability to find closely correlated positions to CTS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CTS 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 CTS - 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 CTS Corporation to buy it.

The correlation of CTS 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 CTS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CTS Corporation 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 CTS 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.

Pair Correlation Correlation Matching

When determining whether CTS Corporation is a strong investment it is important to analyze CTS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CTS's future performance. For an informed investment choice regarding CTS Stock, refer to the following important reports:

How To Invest In CTS

Details

Is CTS Stock a good investment?

Details

What is CTS's Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

View

Largest Technology Hardware & Equipment Companies

View

Check out CTS Piotroski F Score and CTS Altman Z Score analysis.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for CTS Stock analysis

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

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Is CTS'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 CTS. If investors know CTS 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 CTS 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

(0.38)

Dividend Share

0.16

Earnings Share

1.7

Revenue Per Share

17.028

Quarterly Revenue Growth

(0.14)

The market value of CTS Corporation is measured differently than its book value, which is the value of CTS that is recorded on the company's balance sheet. Investors also form their own opinion of CTS's value that differs from its market value or its book value, called intrinsic value, which is CTS'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 CTS's market value can be influenced by many factors that don't directly affect CTS'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 CTS's value and its price as these two are different measures arrived at by different means. Investors typically determine if CTS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CTS'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Cts Corporation Stock Short Ratio

CTS Corporation Company Short Ratio Analysis

Short Ratio

Short Interest

Average Trading Volume

Current CTS Short Ratio

CTS Short Ratio Driver Correlations

CTS Short Ratio Peer Comparison

CTS ESG Sustainability

CTS Institutional Holders

CTS Fundamentals

About CTS Fundamental Analysis

Pair Trading with CTS

Moving together with CTS Stock

Moving against CTS Stock

Complementary Tools for CTS Stock analysis

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