Ace Convergence Acquisition Stock Short Ratio
ACE Convergence Acquisition fundamentals help investors to digest information that contributes to ACE Convergence's financial success or failures. It also enables traders to predict the movement of ACE Stock. The fundamental analysis module provides a way to measure ACE Convergence'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 ACE Convergence stock.
ACE |
ACE Convergence Acquisition Company Short Ratio Analysis
ACE Convergence'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 ACE Convergence Short Ratio | 1.63 X |
Most of ACE Convergence'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, ACE Convergence Acquisition 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, ACE Convergence Acquisition has a Short Ratio of 1.63 times. This is 74.65% lower than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The short ratio for all United States stocks is 59.25% higher than that of the company.
ACE Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ACE Convergence'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 ACE Convergence could also be used in its relative valuation, which is a method of valuing ACE Convergence by comparing valuation metrics of similar companies.ACE Convergence is currently under evaluation in short ratio category among its peers.
ACE Fundamentals
| Return On Asset | -0.025 | |||
| Current Valuation | 85.62 M | |||
| Shares Outstanding | 2.74 M | |||
| Shares Owned By Insiders | 5.60 % | |||
| Shares Owned By Institutions | 45.04 % | |||
| Number Of Shares Shorted | 55.95 K | |||
| Price To Earning | 3.47 X | |||
| Price To Book | 1.40 X | |||
| EBITDA | (19.67 M) | |||
| Net Income | 5.85 M | |||
| Cash And Equivalents | 8.39 K | |||
| Total Debt | 2.61 M | |||
| Debt To Equity | 3.15 % | |||
| Book Value Per Share | (5.00) X | |||
| Cash Flow From Operations | (1.31 M) | |||
| Short Ratio | 1.63 X | |||
| Earnings Per Share | 2.58 X | |||
| Beta | -0.021 | |||
| Market Capitalization | 83.06 M | |||
| Total Asset | 231.23 M | |||
| Z Score | 18.6 | |||
| Net Asset | 231.23 M |
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in ACE Stock
If you are still planning to invest in ACE Convergence Acqu check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ACE Convergence's history and understand the potential risks before investing.
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