Skrr Exploration Stock Short Ratio
| SKRR Stock | CAD 0.17 0.00 0.00% |
SKRR Exploration fundamentals help investors to digest information that contributes to SKRR Exploration's financial success or failures. It also enables traders to predict the movement of SKRR Stock. The fundamental analysis module provides a way to measure SKRR Exploration'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 SKRR Exploration stock.
SKRR | Short Ratio |
SKRR Exploration Company Short Ratio Analysis
SKRR Exploration'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 SKRR Exploration Short Ratio | 0.20 X |
Most of SKRR Exploration'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, SKRR Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
SKRR Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for SKRR Exploration is extremely important. It helps to project a fair market value of SKRR Stock properly, considering its historical fundamentals such as Short Ratio. Since SKRR Exploration'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 SKRR Exploration'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 SKRR Exploration'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, SKRR Exploration has a Short Ratio of 0.2 times. This is 95.0% 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 95.0% higher than that of the company.
SKRR Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SKRR Exploration'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 SKRR Exploration could also be used in its relative valuation, which is a method of valuing SKRR Exploration by comparing valuation metrics of similar companies.SKRR Exploration is currently under evaluation in short ratio category among its peers.
SKRR Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.0628 | ||||
| Current Valuation | 288.04 K | ||||
| Shares Outstanding | 4.84 M | ||||
| Shares Owned By Insiders | 2.76 % | ||||
| Number Of Shares Shorted | 1.59 K | ||||
| Price To Book | 0.15 X | ||||
| Gross Profit | (2.05 K) | ||||
| EBITDA | 3.06 M | ||||
| Net Income | (956.53 K) | ||||
| Cash And Equivalents | 3 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 216.09 K | ||||
| Current Ratio | 716.13 X | ||||
| Book Value Per Share | 0.28 X | ||||
| Cash Flow From Operations | (421.81 K) | ||||
| Short Ratio | 0.20 X | ||||
| Earnings Per Share | (0.16) X | ||||
| Beta | 1.29 | ||||
| Market Capitalization | 823.45 K | ||||
| Total Asset | 5.71 M | ||||
| Retained Earnings | (12.9 M) | ||||
| Working Capital | 1.11 M | ||||
| Net Asset | 5.71 M |
About SKRR Exploration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SKRR Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SKRR Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SKRR Exploration 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 SKRR Stock Analysis
When running SKRR Exploration's price analysis, check to measure SKRR Exploration'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 SKRR Exploration is operating at the current time. Most of SKRR Exploration's value examination focuses on studying past and present price action to predict the probability of SKRR Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SKRR Exploration's price. Additionally, you may evaluate how the addition of SKRR Exploration to your portfolios can decrease your overall portfolio volatility.