Adex Mining Stock Short Ratio
| ADE Stock | CAD 0.01 0.00 0.00% |
Adex Mining fundamentals help investors to digest information that contributes to Adex Mining's financial success or failures. It also enables traders to predict the movement of Adex Stock. The fundamental analysis module provides a way to measure Adex Mining'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 Adex Mining stock.
Adex | Short Ratio |
Adex Mining Company Short Ratio Analysis
Adex Mining'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 Adex Mining Short Ratio | 0.04 X |
Most of Adex Mining'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, Adex Mining 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.
| Competition |
Based on the latest financial disclosure, Adex Mining has a Short Ratio of 0.04 times. This is 99.0% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The short ratio for all Canada stocks is 99.0% higher than that of the company.
Adex Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adex Mining'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 Adex Mining could also be used in its relative valuation, which is a method of valuing Adex Mining by comparing valuation metrics of similar companies.Adex Mining is currently under evaluation in short ratio category among its peers.
Adex Fundamentals
| Return On Asset | -0.23 | ||||
| Current Valuation | 12.58 M | ||||
| Shares Outstanding | 677.21 M | ||||
| Shares Owned By Insiders | 81.87 % | ||||
| Number Of Shares Shorted | 2 K | ||||
| Price To Earning | (0.48) X | ||||
| Gross Profit | (302.55 K) | ||||
| EBITDA | (654.93 K) | ||||
| Net Income | (767.69 K) | ||||
| Cash And Equivalents | 22 K | ||||
| Total Debt | 7 M | ||||
| Current Ratio | 0.34 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (660.08 K) | ||||
| Short Ratio | 0.04 X | ||||
| Beta | 0.56 | ||||
| Market Capitalization | 6.77 M | ||||
| Total Asset | 1.85 M | ||||
| Retained Earnings | (63.92 M) | ||||
| Working Capital | 78.58 K | ||||
| Net Asset | 1.85 M |
About Adex Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Adex Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adex Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adex Mining 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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Additional Tools for Adex Stock Analysis
When running Adex Mining's price analysis, check to measure Adex Mining'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 Adex Mining is operating at the current time. Most of Adex Mining's value examination focuses on studying past and present price action to predict the probability of Adex Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adex Mining's price. Additionally, you may evaluate how the addition of Adex Mining to your portfolios can decrease your overall portfolio volatility.