Xenonics Financial Statements From 2010 to 2024
| XNNHQDelisted Stock | USD 0 0.00 0.00% |
Check Xenonics Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Xenonics Holdings' main balance sheet or income statement drivers, such as , as well as many indicators such as . Xenonics financial statements analysis is a perfect complement when working with Xenonics Holdings Valuation or Volatility modules.
Xenonics |
Xenonics Holdings Company Number Of Shares Shorted Analysis
Xenonics Holdings' 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.
More About Number Of Shares Shorted | All Equity Analysis
Shares Shorted | = | Shorted by Public | + | by Institutions |
Current Xenonics Holdings Number Of Shares Shorted | 16.61 K |
Most of Xenonics Holdings' fundamental indicators, such as Number Of Shares Shorted, 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, Xenonics Holdings is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the recorded statements, Xenonics Holdings has 16.61 K of outstending shares currently sold short by investors. This is 99.47% lower than that of the Aerospace & Defense sector and significantly higher than that of the Industrials industry. The number of shares shorted for all United States stocks is 99.65% higher than that of the company.
Xenonics Holdings Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Xenonics Holdings's current stock value. Our valuation model uses many indicators to compare Xenonics Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Xenonics Holdings competition to find correlations between indicators driving Xenonics Holdings's intrinsic value. More Info.Xenonics Holdings is rated fifth in return on asset category among its peers. It is rated third in profit margin category among its peers . 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 Xenonics Holdings' earnings, one of the primary drivers of an investment's value.About Xenonics Holdings Financial Statements
Xenonics Holdings shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Xenonics Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Xenonics Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Xenonics Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Xenonics Holdings, Inc. designs, manufactures, and markets portable illumination products and low light viewing systems in the United States. Xenonics Holdings, Inc. was founded in 1996 and is headquartered in Carlsbad, California. Xenonics Holdings is traded on OTC Exchange in the United States.
Pair Trading with Xenonics Holdings
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 Xenonics Holdings 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 Xenonics Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Xenonics Pink Sheet
| 0.77 | EOSE | Eos Energy Enterprises | PairCorr |
| 0.74 | ESP | Espey Mfg Electronics | PairCorr |
| 0.68 | GWH | ESS Tech | PairCorr |
| 0.63 | ENVX | Enovix Corp | PairCorr |
| 0.48 | AYI | Acuity Brands | PairCorr |
The ability to find closely correlated positions to Xenonics Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Xenonics Holdings 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 Xenonics Holdings - 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 Xenonics Holdings to buy it.
The correlation of Xenonics Holdings 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 Xenonics Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Xenonics Holdings 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 Xenonics Holdings 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.Check out Your Current Watchlist 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 rate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Xenonics Pink Sheet
If you are still planning to invest in Xenonics Holdings 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 Xenonics Holdings' history and understand the potential risks before investing.
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