St Davids Capital Stock Short Ratio
| SDCI-P Stock | 0.07 0.00 0.00% |
St Davids Capital fundamentals help investors to digest information that contributes to St Davids' financial success or failures. It also enables traders to predict the movement of SDCI-P Stock. The fundamental analysis module provides a way to measure St Davids' 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 St Davids stock.
SDCI-P |
St Davids Capital Company Short Ratio Analysis
St Davids' 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 St Davids Short Ratio | 0.09 X |
Most of St Davids' 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, St Davids Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, St Davids Capital has a Short Ratio of 0.09 times. This is 98.6% lower than that of the Capital Markets sector and significantly higher than that of the Financials industry. The short ratio for all Canada stocks is 97.75% higher than that of the company.
SDCI-P Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses St Davids' 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 St Davids could also be used in its relative valuation, which is a method of valuing St Davids by comparing valuation metrics of similar companies.St Davids is currently under evaluation in short ratio category among its peers.
SDCI-P Fundamentals
| Return On Equity | -1.24 | |||
| Return On Asset | -0.45 | |||
| Current Valuation | 81.81 K | |||
| Shares Outstanding | 5.08 M | |||
| Shares Owned By Insiders | 55.22 % | |||
| Number Of Shares Shorted | 159 | |||
| Price To Book | 16.25 X | |||
| Book Value Per Share | 0.01 X | |||
| Short Ratio | 0.09 X | |||
| Earnings Per Share | (0.02) X | |||
| Market Capitalization | 330.1 K |
About St Davids Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze St Davids Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of St Davids using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of St Davids Capital 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 St Davids
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 St Davids 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 St Davids will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to St Davids could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace St Davids 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 St Davids - 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 St Davids Capital to buy it.
The correlation of St Davids 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 St Davids moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if St Davids Capital 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 St Davids 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.Other Information on Investing in SDCI-P Stock
St Davids financial ratios help investors to determine whether SDCI-P Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SDCI-P with respect to the benefits of owning St Davids security.