Akerna Corp Current Ratio vs. Number Of Shares Shorted

KERNWDelisted Stock  USD 0.04  0.02  162.07%   
Considering Akerna Corp's profitability and operating efficiency indicators, Akerna Corp may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in December. Profitability indicators assess Akerna Corp's ability to earn profits and add value for shareholders.
For Akerna Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Akerna Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Akerna Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Akerna Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Akerna Corp over time as well as its relative position and ranking within its peers.
  
Check out Correlation 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 board of governors.
Please note, there is a significant difference between Akerna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akerna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akerna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Akerna Corp Number Of Shares Shorted vs. Current Ratio Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Akerna Corp's current stock value. Our valuation model uses many indicators to compare Akerna Corp value to that of its competitors to determine the firm's financial worth.
Akerna Corp is currently regarded as number one stock in current ratio category among its peers. It also is currently regarded as number one stock in number of shares shorted category among its peers making about  21,644  of Number Of Shares Shorted per Current Ratio. Comparative valuation analysis is a catch-all technique that is used if you cannot value Akerna Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Akerna Number Of Shares Shorted vs. Current Ratio

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Akerna Corp

Current Ratio

 = 

Current Asset

Current Liabilities

 = 
2.68 X
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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.

Akerna Corp

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
58.01 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.

Akerna Number Of Shares Shorted Comparison

Akerna Corp is currently under evaluation in number of shares shorted category among its peers.

Akerna Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Akerna Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Akerna Corp will eventually generate negative long term returns. The profitability progress is the general direction of Akerna Corp's change in net profit over the period of time. It can combine multiple indicators of Akerna Corp, 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.
Akerna Corp. operates a technology company in the cannabis space. Akerna Corp. was founded in 2010 and is based in Orlando, Florida. Akerna Corp is traded on BATS Exchange in USA.

Akerna Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Akerna Corp. 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 Akerna Corp 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 Akerna Corp's important profitability drivers and their relationship over time.

Use Akerna Corp 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 Akerna Corp 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 Akerna Corp will appreciate offsetting losses from the drop in the long position's value.

Akerna Corp Pair Trading

Akerna Corp Pair Trading Analysis

The ability to find closely correlated positions to Akerna Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Akerna Corp 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 Akerna Corp - 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 Akerna Corp to buy it.
The correlation of Akerna Corp 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 Akerna Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Akerna Corp 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 Akerna Corp 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Akerna Corp position

In addition to having Akerna Corp 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.

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Run Small Growth Funds Thematic Idea Now

Small Growth Funds
Small Growth Funds Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Check out Correlation 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 board of governors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Consideration for investing in Akerna Stock

If you are still planning to invest in Akerna Corp 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 Akerna Corp's history and understand the potential risks before investing.
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