Sphere 3d Corp Stock Short Ratio

ANY Stock

USD 1.09 0.07 6.86%

Sphere 3D Corp fundamentals help investors to digest information that contributes to Sphere 3D's financial success or failures. It also enables traders to predict the movement of Sphere Stock. The fundamental analysis module provides a way to measure Sphere 3D'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 Sphere 3D stock.

Other Current Liab Total Assets

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Sphere 3D Corp Company Short Ratio Analysis

Sphere 3D'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.

Short Ratio

Short Interest

Average Trading Volume

More About Short Ratio | All Equity Analysis

Current Sphere 3D Short Ratio

1.05 X

Most of Sphere 3D'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, Sphere 3D Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Sphere Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Sphere 3D is extremely important. It helps to project a fair market value of Sphere Stock properly, considering its historical fundamentals such as Short Ratio. Since Sphere 3D'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 Sphere 3D'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 Sphere 3D's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Short Term Investments	Total Liab	Total Current Assets	Net Tangible Assets	Accounts Payable	Long Term Debt	Net Receivables	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.92	-0.37	-0.12	0.43	0.44	0.98	0.26	0.4	0.38	0.51	0.43	0.8	0.4	0.28	0.86	0.36	0.41	0.39	-0.07	0.79	0.49	0.37
Total Stockholder Equity	0.92		-0.68	-0.15	0.37	0.05	0.92	0.42	0.03	0.1	0.16	0.12	0.91	0.06	-0.02	0.65	0.41	0.08	0.06	-0.17	0.88	0.68	0.5
Net Debt	-0.37	-0.68		0.14	-0.25	0.61	-0.39	-0.53	0.62	0.35	0.54	0.51	-0.69	0.64	0.63	0.05	-0.31	0.57	0.6	0.22	-0.62	-0.75	-0.49
Retained Earnings	-0.12	-0.15	0.14		-0.38	0.08	-0.08	-0.81	0.07	0.27	0.27	0.34	-0.01	0.22	0.03	0.2	-0.94	0.41	0.37	0.79	0.12	-0.67	-0.83
Short Term Investments	0.43	0.37	-0.25	-0.38		0.26	0.35	0.13	0.33	0.42	0.21	0.25	0.37	-0.01	-0.15	0.35	0.38	0.09	0.17	-0.32	-0.04	0.49	0.26
Total Liab	0.44	0.05	0.61	0.08	0.26		0.38	-0.36	0.92	0.74	0.95	0.83	-0.02	0.88	0.75	0.73	-0.08	0.87	0.88	0.25	0.0	-0.36	-0.22
Total Current Assets	0.98	0.92	-0.39	-0.08	0.35	0.38		0.23	0.37	0.35	0.46	0.38	0.84	0.4	0.33	0.84	0.33	0.38	0.37	-0.05	0.83	0.48	0.33
Net Tangible Assets	0.26	0.42	-0.53	-0.81	0.13	-0.36	0.23		-0.39	-0.42	-0.45	-0.49	0.2	-0.45	-0.32	-0.19	0.9	-0.53	-0.57	-0.59	0.28	0.76	0.95
Accounts Payable	0.4	0.03	0.62	0.07	0.33	0.92	0.37	-0.39		0.82	0.92	0.88	-0.03	0.87	0.7	0.72	-0.05	0.88	0.92	0.19	-0.09	-0.32	-0.29
Long Term Debt	0.38	0.1	0.35	0.27	0.42	0.74	0.35	-0.42	0.82		0.81	0.88	0.0	0.57	0.29	0.69	-0.21	0.83	0.83	0.56	0.0	-0.36	-0.33
Net Receivables	0.51	0.16	0.54	0.27	0.21	0.95	0.46	-0.45	0.92	0.81		0.95	0.05	0.9	0.67	0.84	-0.21	0.97	0.97	0.39	0.11	-0.41	-0.32
Deferred Long Term Liab	0.43	0.12	0.51	0.34	0.25	0.83	0.38	-0.49	0.88	0.88	0.95		-0.01	0.78	0.48	0.8	-0.27	0.97	0.97	0.46	0.02	-0.44	-0.39
Long Term Investments	0.8	0.91	-0.69	-0.01	0.37	-0.02	0.84	0.2	-0.03	0.0	0.05	-0.01		0.01	0.03	0.55	0.23	-0.04	-0.02	-0.21	0.84	0.68	0.28
Short Long Term Debt	0.4	0.06	0.64	0.22	-0.01	0.88	0.4	-0.45	0.87	0.57	0.9	0.78	0.01		0.88	0.71	-0.18	0.88	0.89	0.21	0.07	-0.42	-0.33
Short Term Debt	0.28	-0.02	0.63	0.03	-0.15	0.75	0.33	-0.32	0.7	0.29	0.67	0.48	0.03	0.88		0.5	-0.05	0.61	0.64	0.01	0.08	-0.29	-0.2
Intangible Assets	0.86	0.65	0.05	0.2	0.35	0.73	0.84	-0.19	0.72	0.69	0.84	0.8	0.55	0.71	0.5		-0.01	0.79	0.79	0.24	0.56	0.03	-0.06
Common Stock	0.36	0.41	-0.31	-0.94	0.38	-0.08	0.33	0.9	-0.05	-0.21	-0.21	-0.27	0.23	-0.18	-0.05	-0.01		-0.33	-0.32	-0.74	0.15	0.78	0.9
Property Plant Equipment	0.41	0.08	0.57	0.41	0.09	0.87	0.38	-0.53	0.88	0.83	0.97	0.97	-0.04	0.88	0.61	0.79	-0.33		0.99	0.53	0.07	-0.54	-0.43
Current Deferred Revenue	0.39	0.06	0.6	0.37	0.17	0.88	0.37	-0.57	0.92	0.83	0.97	0.97	-0.02	0.89	0.64	0.79	-0.32	0.99		0.45	0.01	-0.5	-0.46
Long Term Debt Total	-0.07	-0.17	0.22	0.79	-0.32	0.25	-0.05	-0.59	0.19	0.56	0.39	0.46	-0.21	0.21	0.01	0.24	-0.74	0.53	0.45		0.09	-0.73	-0.6
Net Invested Capital	0.79	0.88	-0.62	0.12	-0.04	0.0	0.83	0.28	-0.09	0.0	0.11	0.02	0.84	0.07	0.08	0.56	0.15	0.07	0.01	0.09		0.45	0.3
Net Working Capital	0.49	0.68	-0.75	-0.67	0.49	-0.36	0.48	0.76	-0.32	-0.36	-0.41	-0.44	0.68	-0.42	-0.29	0.03	0.78	-0.54	-0.5	-0.73	0.45		0.78
Capital Stock	0.37	0.5	-0.49	-0.83	0.26	-0.22	0.33	0.95	-0.29	-0.33	-0.32	-0.39	0.28	-0.33	-0.2	-0.06	0.9	-0.43	-0.46	-0.6	0.3	0.78

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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

Predict Sphere 3D

Sphere Discontinued Operations

Discontinued Operations

(12.78 Million)

Sphere 3D reported Discontinued Operations of (12.17 Million) in 2024

Based on the latest financial disclosure, Sphere 3D Corp has a Short Ratio of 1.05 times. This is 78.35% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The short ratio for all United States stocks is 73.75% higher than that of the company.

Sphere Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sphere 3D'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 Sphere 3D could also be used in its relative valuation, which is a method of valuing Sphere 3D by comparing valuation metrics of similar companies.

Sphere 3D is rated third in short ratio category among its peers.

Sphere 3D Current Valuation Drivers

We derive many important indicators used in calculating different scores of Sphere 3D from analyzing Sphere 3D's financial statements. These drivers represent accounts that assess Sphere 3D's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Sphere 3D's important valuation drivers and their relationship over time.

	2020	2021	2022	2023	2024	2025 (projected)
Market Cap	8.4M	96.3M	18.3M	40.3M	36.2M	23.7M
Enterprise Value	10.5M	41.9M	16.9M	39.7M	35.7M	18.9M

Sphere 3D Institutional Holders

Institutional Holdings refers to the ownership stake in Sphere 3D that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Sphere 3D's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Sphere 3D's value.

		Shares
Morgan Stanley - Brokerage Accounts	2024-09-30	2.9 K
Steward Partners Investment Advisory, Llc	2024-09-30	571
Planned Solutions, Inc.	2024-09-30	428
Royal Bank Of Canada	2024-09-30	132
Sandy Spring Bank	2024-09-30	122
Cornerstone Planning Group Llc	2024-09-30	114
Jpmorgan Chase & Co	2024-09-30	48.0
Tucker Asset Management Llc	2024-06-30	35.0
Ubs Group Ag	2024-09-30	21.0
Vanguard Group Inc	2024-09-30	450 K
Myda Advisors Llc	2024-09-30	200 K

Sphere Fundamentals

	Return On Equity	-0.35
	Return On Asset	-0.17
	Profit Margin	(0.70) %
	Operating Margin	(0.89) %
	Current Valuation	28.29 M
	Shares Outstanding	25.45 M
	Shares Owned By Insiders	5.28 %
	Shares Owned By Institutions	4.45 %
	Number Of Shares Shorted	523.9 K
	Price To Earning	(0.10) X
	Price To Book	0.77 X
	Price To Sales	1.11 X
	Revenue	21.91 M
	Gross Profit	7.36 M
	EBITDA	(15.94 M)
	Net Income	(23.41 M)
	Cash And Equivalents	10.72 M
	Cash Per Share	0.16 X
	Total Debt	5.35 M
	Debt To Equity	0.69 %
	Current Ratio	12.13 X
	Book Value Per Share	1.73 X
	Cash Flow From Operations	(6.58 M)
	Short Ratio	1.05 X
	Earnings Per Share	(0.76) X
	Price To Earnings To Growth	(0.02) X
	Target Price	3.0
	Beta	2.81
	Market Capitalization	27.74 M
	Total Asset	45.66 M
	Retained Earnings	(447.37 M)
	Working Capital	8.16 M
	Current Asset	36.54 M
	Current Liabilities	46.4 M
	Net Asset	45.66 M

About Sphere 3D Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Sphere 3D Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sphere 3D using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sphere 3D Corp 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 Sphere Stock Analysis

When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.

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