Heritage Crystal Current Valuation vs. Number Of Shares Shorted
| HCCIDelisted Stock | USD 46.76 0.33 0.71% |
For Heritage Crystal profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Heritage Crystal to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Heritage Crystal Clean utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Heritage Crystal's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Heritage Crystal Clean over time as well as its relative position and ranking within its peers.
Heritage |
Heritage Crystal Clean Number Of Shares Shorted vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Heritage Crystal's current stock value. Our valuation model uses many indicators to compare Heritage Crystal value to that of its competitors to determine the firm's financial worth. Heritage Crystal Clean is rated below average in current valuation category among its peers. It is rated below average in number of shares shorted category among its peers . The ratio of Current Valuation to Number Of Shares Shorted for Heritage Crystal Clean is about 5,397 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Heritage Crystal's earnings, one of the primary drivers of an investment's value.Heritage Current Valuation vs. Competition
Heritage Crystal Clean is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Industrials industry is currently estimated at about 187.14 Billion. Heritage Crystal maintains roughly 1.29 Billion in current valuation contributing less than 1% to equities under Industrials industry.
Heritage Number Of Shares Shorted vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Heritage Crystal |
| = | 1.29 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Heritage Crystal |
| = | 239.46 K |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Heritage Number Of Shares Shorted Comparison
Heritage Crystal is currently under evaluation in number of shares shorted category among its peers.
Heritage Crystal Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Heritage Crystal, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Heritage Crystal will eventually generate negative long term returns. The profitability progress is the general direction of Heritage Crystal's change in net profit over the period of time. It can combine multiple indicators of Heritage Crystal, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Heritage-Crystal Clean, Inc., through its subsidiary, Heritage-Crystal Clean, LLC, provides parts cleaning, hazardous and non-hazardous waste, and used oil collection services to small and mid-sized customers in the industrial and vehicle maintenance sectors in the United States and Canada. Heritage-Crystal Clean, Inc. was incorporated in 2007 and is headquartered in Elgin, Illinois. Heritage Crystal operates under Waste Management classification in the United States and is traded on NASDAQ Exchange. It employs 1296 people.
Heritage Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Heritage Crystal. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Heritage Crystal position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Heritage Crystal's important profitability drivers and their relationship over time.
Use Heritage Crystal in pair-trading
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 Heritage Crystal 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 Heritage Crystal will appreciate offsetting losses from the drop in the long position's value.Heritage Crystal Pair Trading
Heritage Crystal Clean Pair Trading Analysis
The ability to find closely correlated positions to Heritage Crystal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Heritage Crystal 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 Heritage Crystal - 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 Heritage Crystal Clean to buy it.
The correlation of Heritage Crystal 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 Heritage Crystal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Heritage Crystal Clean 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 Heritage Crystal 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.Use Investing Themes to Complement your Heritage Crystal position
In addition to having Heritage Crystal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Education Thematic Idea Now
Education
Companies involved in apprenticeship, education, tutoring, schooling, online universities, and other learning services. The Education theme has 39 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Education Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis 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 main economic indicators. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Other Consideration for investing in Heritage Stock
If you are still planning to invest in Heritage Crystal Clean 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 Heritage Crystal's history and understand the potential risks before investing.
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