Noco Noco Ordinary Share Stock Short Ratio
| NCNC Stock | 0.19 0.02 9.52% |
noco noco Ordinary Share fundamentals help investors to digest information that contributes to Noco Noco's financial success or failures. It also enables traders to predict the movement of Noco Stock. The fundamental analysis module provides a way to measure Noco Noco'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 Noco Noco stock.
Noco | Short Ratio |
noco noco Ordinary Share Company Short Ratio Analysis
Noco Noco'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 Noco Noco Short Ratio | 0.37 X |
Most of Noco Noco'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, noco noco Ordinary Share is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Noco Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Noco Noco is extremely important. It helps to project a fair market value of Noco Stock properly, considering its historical fundamentals such as Short Ratio. Since Noco Noco'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 Noco Noco'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 Noco Noco'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 |
Based on the latest financial disclosure, noco noco Ordinary Share has a Short Ratio of 0.37 times. This is 93.66% lower than that of the Automobile Components sector and significantly higher than that of the Consumer Discretionary industry. The short ratio for all United States stocks is 90.75% higher than that of the company.
Noco Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Noco Noco'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 Noco Noco could also be used in its relative valuation, which is a method of valuing Noco Noco by comparing valuation metrics of similar companies.Noco Noco is currently under evaluation in short ratio category among related companies.
Noco Fundamentals
| Current Valuation | 1.88 M | ||||
| Shares Outstanding | 132.44 M | ||||
| Number Of Shares Shorted | 25.29 K | ||||
| EBITDA | (16.85 M) | ||||
| Net Income | (16.79 M) | ||||
| Total Debt | 209.75 K | ||||
| Book Value Per Share | (3.73) X | ||||
| Cash Flow From Operations | (2.98 M) | ||||
| Short Ratio | 0.37 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Number Of Employees | 12 | ||||
| Market Capitalization | 47.23 M | ||||
| Total Asset | 691.2 K | ||||
| Retained Earnings | (19.14 M) | ||||
| Working Capital | (304.45 K) | ||||
| Net Asset | 691.2 K |
About Noco Noco Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze noco noco Ordinary Share's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Noco Noco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of noco noco Ordinary Share 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether noco noco Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Noco Noco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Noco Noco Ordinary Share Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Noco Noco Ordinary Share Stock:Check out Noco Noco Piotroski F Score and Noco Noco Altman Z Score analysis. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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When running Noco Noco's price analysis, check to measure Noco Noco'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 Noco Noco is operating at the current time. Most of Noco Noco's value examination focuses on studying past and present price action to predict the probability of Noco Noco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noco Noco's price. Additionally, you may evaluate how the addition of Noco Noco to your portfolios can decrease your overall portfolio volatility.
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Is Noco Noco'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 Noco Noco. If investors know Noco 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 Noco Noco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) |
The market value of noco noco Ordinary is measured differently than its book value, which is the value of Noco that is recorded on the company's balance sheet. Investors also form their own opinion of Noco Noco's value that differs from its market value or its book value, called intrinsic value, which is Noco Noco'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 Noco Noco's market value can be influenced by many factors that don't directly affect Noco Noco'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 Noco Noco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noco Noco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noco Noco'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.