Renalytix Ai Stock Short Ratio
| RNLX Stock | USD 0.46 0.01 2.87% |
Renalytix AI fundamentals help investors to digest information that contributes to Renalytix's financial success or failures. It also enables traders to predict the movement of Renalytix Stock. The fundamental analysis module provides a way to measure Renalytix'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 Renalytix stock.
Renalytix | Short Ratio |
Renalytix AI Company Short Ratio Analysis
Renalytix'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 Renalytix Short Ratio | 1.63 X |
Most of Renalytix'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, Renalytix AI is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Renalytix Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Renalytix is extremely important. It helps to project a fair market value of Renalytix Stock properly, considering its historical fundamentals such as Short Ratio. Since Renalytix'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 Renalytix'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 Renalytix'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.
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Renalytix Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Renalytix AI has a Short Ratio of 1.63 times. This is 58.21% lower than that of the Health Care Technology sector and significantly higher than that of the Health Care industry. The short ratio for all United States stocks is 59.25% higher than that of the company.
Renalytix Institutional Holders
Institutional Holdings refers to the ownership stake in Renalytix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Renalytix'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 Renalytix's value.| Shares | Jpmorgan Chase & Co | 2024-03-31 | 42 K | Hrt Financial Llc | 2024-03-31 | 31.5 K | Ewa, Llc | 2024-03-31 | 28.4 K | Two Sigma Securities, Llc | 2024-03-31 | 23.3 K | Xtx Topco Ltd | 2023-12-31 | 22 K | Lpl Financial Corp | 2024-03-31 | 18.4 K | Virtu Financial Llc | 2024-03-31 | 14.3 K | Millennium Management Llc | 2024-03-31 | 13.9 K | Ironwood Investment Counsel, Llc | 2024-03-31 | 12 K | Cvi Holdings Llc | 2023-12-31 | 1.1 M | Gilder Gagnon Howe & Co Llc | 2024-03-31 | 761.1 K |
Renalytix Fundamentals
| Return On Equity | -10.73 | ||||
| Return On Asset | -0.86 | ||||
| Operating Margin | (11.47) % | ||||
| Current Valuation | 71.66 M | ||||
| Shares Outstanding | 77.18 M | ||||
| Shares Owned By Insiders | 4.85 % | ||||
| Shares Owned By Institutions | 5.52 % | ||||
| Number Of Shares Shorted | 446.61 K | ||||
| Price To Book | 20.68 X | ||||
| Price To Sales | 22.89 X | ||||
| Revenue | 3.4 M | ||||
| Gross Profit | 720 K | ||||
| EBITDA | (35.5 M) | ||||
| Net Income | (46.22 M) | ||||
| Cash And Equivalents | 32.36 M | ||||
| Cash Per Share | 0.89 X | ||||
| Total Debt | 12.15 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 2.48 X | ||||
| Book Value Per Share | (0.09) X | ||||
| Cash Flow From Operations | (32.67 M) | ||||
| Short Ratio | 1.63 X | ||||
| Earnings Per Share | (0.76) X | ||||
| Target Price | 3.5 | ||||
| Beta | 1.98 | ||||
| Market Capitalization | 33.47 M | ||||
| Total Asset | 42.12 M | ||||
| Retained Earnings | (99.18 M) | ||||
| Working Capital | 12.2 M | ||||
| Net Asset | 42.12 M |
About Renalytix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Renalytix AI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Renalytix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Renalytix AI 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.Additional Tools for Renalytix Stock Analysis
When running Renalytix's price analysis, check to measure Renalytix'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 Renalytix is operating at the current time. Most of Renalytix's value examination focuses on studying past and present price action to predict the probability of Renalytix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renalytix's price. Additionally, you may evaluate how the addition of Renalytix to your portfolios can decrease your overall portfolio volatility.