NFI Net Income vs. Number Of Shares Shorted
| NFI Stock | CAD 14.64 0.18 1.24% |
Net Loss | First Reported 2006-03-31 | Previous Quarter 2.5 M | Current Value -15 M | Quarterly Volatility 34 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.13 | 0.0822 |
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For NFI profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NFI to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NFI Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NFI's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NFI Group over time as well as its relative position and ranking within its peers.
NFI |
NFI Group Number Of Shares Shorted vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NFI's current stock value. Our valuation model uses many indicators to compare NFI value to that of its competitors to determine the firm's financial worth. NFI Group is considered to be number one stock in net income category among its peers. It also is considered to be number one stock in number of shares shorted category among its peers . NFI reported last year Net Loss of (136.16 Million). Comparative valuation analysis is a catch-all model that can be used if you cannot value NFI by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NFI's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NFI Number Of Shares Shorted vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
NFI |
| = | (136.16 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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.
NFI |
| = | 1.51 M |
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.
NFI Number Of Shares Shorted Comparison
NFI is currently under evaluation in number of shares shorted category among its peers.
NFI Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NFI, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NFI will eventually generate negative long term returns. The profitability progress is the general direction of NFI's change in net profit over the period of time. It can combine multiple indicators of NFI, 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.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 18.1 M | 19 M | |
| Operating Income | -21.3 M | -20.2 M | |
| Income Before Tax | -169.1 M | -160.6 M | |
| Total Other Income Expense Net | -147.8 M | -140.4 M | |
| Net Loss | -136.2 M | -129.4 M | |
| Income Tax Expense | -32.9 M | -31.3 M | |
| Net Loss | -136.2 M | -129.4 M | |
| Net Loss | -250 M | -237.5 M | |
| Interest Income | 35.4 M | 38.8 M | |
| Net Interest Income | -136 M | -129.2 M | |
| Change To Netincome | 50.1 M | 52.6 M | |
| Net Loss | (1.48) | (1.56) | |
| Income Quality | 0.47 | 0.45 | |
| Net Income Per E B T | 0.81 | 0.75 |
NFI Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NFI. 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 NFI 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 NFI's important profitability drivers and their relationship over time.
Use NFI 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 NFI 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 NFI will appreciate offsetting losses from the drop in the long position's value.NFI Pair Trading
NFI Group Pair Trading Analysis
The ability to find closely correlated positions to NFI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NFI 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 NFI - 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 NFI Group to buy it.
The correlation of NFI 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 NFI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NFI Group 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 NFI 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 NFI position
In addition to having NFI 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?
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Other Information on Investing in NFI Stock
To fully project NFI's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NFI Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NFI's income statement, its balance sheet, and the statement of cash flows.