Baker Hughes Co Stock Short Ratio

BKR Stock

USD 44.88 0.57 1.29%

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

Short Long Term Debt Total Total Assets

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Baker Hughes Co Company Short Ratio Analysis

Baker Hughes' 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 Baker Hughes Short Ratio

2.88 X

Most of Baker Hughes' 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, Baker Hughes Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Baker Short Ratio Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Long Term Debt Total	Capital Surpluse	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Treasury Stock	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Invested Capital	Net Working Capital	Short Term Investments
Total Assets		0.4	-0.43	0.75	-0.57	0.8	0.83	0.85	0.83	0.81	0.61	0.8	0.03	-0.21	0.72	0.88	-0.74	0.47	0.99	0.49	0.09	0.56	0.03	-0.53	0.2
Total Stockholder Equity	0.4		-0.06	0.34	-0.21	0.37	0.35	0.36	0.36	0.32	0.33	0.34	-0.34	-0.1	-0.07	0.29	-0.3	-0.24	0.32	0.24	0.12	0.31	0.19	-0.34	0.1
Net Tangible Assets	-0.43	-0.06		0.15	-0.4	0.09	0.01	0.03	-0.81	0.06	0.32	0.13	-0.47	-0.54	-0.51	-0.05	0.01	-0.62	-0.39	-0.94	-0.56	0.43	-0.52	-0.43	0.65
Net Debt	0.75	0.34	0.15		-0.92	0.98	0.92	0.95	0.34	0.93	0.95	0.96	-0.41	-0.28	0.42	0.88	-0.84	0.05	0.77	-0.01	-0.3	0.9	-0.42	-0.92	0.64
Retained Earnings	-0.57	-0.21	-0.4	-0.92		-0.9	-0.87	-0.89	-0.04	-0.89	-0.95	-0.92	0.43	0.42	-0.34	-0.85	0.82	0.04	-0.63	0.28	0.49	-0.93	0.64	0.88	-0.84
Accounts Payable	0.8	0.37	0.09	0.98	-0.9		0.91	0.99	0.41	0.93	0.95	0.97	-0.33	-0.36	0.44	0.91	-0.86	0.06	0.82	0.0	-0.32	0.91	-0.37	-0.91	0.56
Long Term Debt	0.83	0.35	0.01	0.92	-0.87	0.91		0.93	0.41	0.98	0.88	0.96	-0.3	-0.28	0.52	0.96	-0.75	0.22	0.86	0.13	-0.06	0.82	-0.39	-0.77	0.65
Net Receivables	0.85	0.36	0.03	0.95	-0.89	0.99	0.93		0.45	0.95	0.93	0.98	-0.24	-0.37	0.53	0.96	-0.87	0.16	0.87	0.06	-0.28	0.9	-0.32	-0.85	0.56
Good Will	0.83	0.36	-0.81	0.34	-0.04	0.41	0.41	0.45		0.38	0.13	0.35	0.26	0.1	0.63	0.48	-0.41	0.54	0.78	0.81	0.38	0.05	0.43	-0.1	-0.35
Long Term Debt Total	0.81	0.32	0.06	0.93	-0.89	0.93	0.98	0.95	0.38		0.92	0.98	-0.28	-0.34	0.49	0.97	-0.75	0.18	0.84	0.06	-0.11	0.88	-0.36	-0.81	0.66
Capital Surpluse	0.61	0.33	0.32	0.95	-0.95	0.95	0.88	0.93	0.13	0.92		0.95	-0.44	-0.35	0.27	0.85	-0.76	-0.09	0.64	-0.2	-0.37	0.98	-0.51	-0.94	0.72
Total Liab	0.8	0.34	0.13	0.96	-0.92	0.97	0.96	0.98	0.35	0.98	0.95		-0.27	-0.36	0.5	0.96	-0.8	0.15	0.83	-0.02	-0.22	0.93	-0.4	-0.87	0.66
Deferred Long Term Liab	0.03	-0.34	-0.47	-0.41	0.43	-0.33	-0.3	-0.24	0.26	-0.28	-0.44	-0.27		0.27	0.55	-0.09	0.26	0.79	0.06	0.28	0.38	-0.4	0.36	0.54	-0.53
Long Term Investments	-0.21	-0.1	-0.54	-0.28	0.42	-0.36	-0.28	-0.37	0.1	-0.34	-0.35	-0.36	0.27		0.15	-0.33	0.24	0.33	-0.22	0.55	0.39	-0.48	0.21	0.5	-0.4
Short Long Term Debt	0.72	-0.07	-0.51	0.42	-0.34	0.44	0.52	0.53	0.63	0.49	0.27	0.5	0.55	0.15		0.66	-0.56	0.9	0.77	0.51	0.09	0.23	0.03	-0.1	0.08
Total Current Assets	0.88	0.29	-0.05	0.88	-0.85	0.91	0.96	0.96	0.48	0.97	0.85	0.96	-0.09	-0.33	0.66		-0.81	0.36	0.92	0.14	-0.13	0.83	-0.3	-0.72	0.58
Treasury Stock	-0.74	-0.3	0.01	-0.84	0.82	-0.86	-0.75	-0.87	-0.41	-0.75	-0.76	-0.8	0.26	0.24	-0.56	-0.81		-0.14	-0.76	-0.13	0.56	-0.72	0.34	0.69	-0.51
Short Term Debt	0.47	-0.24	-0.62	0.05	0.04	0.06	0.22	0.16	0.54	0.18	-0.09	0.15	0.79	0.33	0.9	0.36	-0.14		0.51	0.56	0.41	-0.12	0.22	0.27	-0.18
Intangible Assets	0.99	0.32	-0.39	0.77	-0.63	0.82	0.86	0.87	0.78	0.84	0.64	0.83	0.06	-0.22	0.77	0.92	-0.76	0.51		0.44	0.06	0.58	-0.07	-0.55	0.26
Common Stock	0.49	0.24	-0.94	-0.01	0.28	0.0	0.13	0.06	0.81	0.06	-0.2	-0.02	0.28	0.55	0.51	0.14	-0.13	0.56	0.44		0.53	-0.32	0.56	0.34	-0.44
Property Plant Equipment	0.09	0.12	-0.56	-0.3	0.49	-0.32	-0.06	-0.28	0.38	-0.11	-0.37	-0.22	0.38	0.39	0.09	-0.13	0.56	0.41	0.06	0.53		-0.43	0.46	0.43	-0.47
Current Deferred Revenue	0.56	0.31	0.43	0.9	-0.93	0.91	0.82	0.9	0.05	0.88	0.98	0.93	-0.4	-0.48	0.23	0.83	-0.72	-0.12	0.58	-0.32	-0.43		-0.47	-0.93	0.75
Net Invested Capital	0.03	0.19	-0.52	-0.42	0.64	-0.37	-0.39	-0.32	0.43	-0.36	-0.51	-0.4	0.36	0.21	0.03	-0.3	0.34	0.22	-0.07	0.56	0.46	-0.47		0.48	-0.59
Net Working Capital	-0.53	-0.34	-0.43	-0.92	0.88	-0.91	-0.77	-0.85	-0.1	-0.81	-0.94	-0.87	0.54	0.5	-0.1	-0.72	0.69	0.27	-0.55	0.34	0.43	-0.93	0.48		-0.65
Short Term Investments	0.2	0.1	0.65	0.64	-0.84	0.56	0.65	0.56	-0.35	0.66	0.72	0.66	-0.53	-0.4	0.08	0.58	-0.51	-0.18	0.26	-0.44	-0.47	0.75	-0.59	-0.65

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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 Baker Hughes

Baker Price To Sales Ratio

Price To Sales Ratio

0.75

At this time, Baker Hughes' Price To Sales Ratio is relatively stable compared to the past year.

Based on the latest financial disclosure, Baker Hughes Co has a Short Ratio of 2.88 times. This is 43.97% lower than that of the Energy Equipment & Services sector and 47.73% lower than that of the Energy industry. The short ratio for all United States stocks is 28.0% higher than that of the company.

Baker Short Ratio Peer Comparison

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

Baker Hughes is currently under evaluation in short ratio category among its peers.

Baker Hughes ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Baker Hughes' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Baker Hughes' managers, analysts, and investors.

Environmental

Governance

Social

Baker Hughes Institutional Holders

Institutional Holdings refers to the ownership stake in Baker Hughes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Baker Hughes' 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 Baker Hughes' value.

		Shares
Norges Bank	2024-06-30	18.3 M
Amundi	2024-06-30	15.9 M
Victory Capital Management Inc.	2024-09-30	14.2 M
Fmr Inc	2024-09-30	14 M
Dimensional Fund Advisors, Inc.	2024-09-30	10.7 M
Nuveen Asset Management, Llc	2024-06-30	10.4 M
Amvescap Plc.	2024-06-30	10.3 M
Alliancebernstein L.p.	2024-06-30	9.7 M
Ubs Asset Mgmt Americas Inc	2024-09-30	9.6 M
Vanguard Group Inc	2024-09-30	121.5 M
Blackrock Inc	2024-06-30	99.9 M

Baker Fundamentals

	Return On Equity	0.14
	Return On Asset	0.0543
	Profit Margin	0.08 %
	Operating Margin	0.13 %
	Current Valuation	47.22 B
	Shares Outstanding	989.53 M
	Shares Owned By Insiders	0.12 %
	Shares Owned By Institutions	97.80 %
	Number Of Shares Shorted	16.25 M
	Price To Earning	158.33 X
	Price To Book	2.71 X
	Price To Sales	1.63 X
	Revenue	25.51 B
	Gross Profit	4.43 B
	EBITDA	2.32 B
	Net Income	1.97 B
	Cash And Equivalents	3.7 B
	Cash Per Share	3.69 X
	Total Debt	6.02 B
	Debt To Equity	0.46 %
	Current Ratio	1.51 X
	Book Value Per Share	16.37 X
	Cash Flow From Operations	3.06 B
	Short Ratio	2.88 X
	Earnings Per Share	2.23 X
	Price To Earnings To Growth	0.99 X
	Target Price	44.1
	Number Of Employees	57 K
	Beta	1.36
	Market Capitalization	44.41 B
	Total Asset	36.95 B
	Retained Earnings	(8.82 B)
	Working Capital	3.31 B
	Current Asset	252.52 M
	Current Liabilities	125.54 M
	Annual Yield	0.02 %
	Five Year Return	3.04 %
	Net Asset	36.95 B
	Last Dividend Paid	0.83

About Baker Hughes Fundamental Analysis

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

Pair Trading with Baker Hughes

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 Baker Hughes 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 Baker Hughes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Baker Stock

0.95

Tenaris SA ADR Sell-off Trend

Pair Corr

Moving against Baker Stock

0.74	TDW	Tidewater	Pair Corr
0.72	XPRO	Expro Group Holdings	Pair Corr
0.57	DTI	Drilling Tools Inter	Pair Corr
0.39	WFRD	Weatherford International	Pair Corr
0.36	ENSV	Enservco	Pair Corr

The ability to find closely correlated positions to Baker Hughes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baker Hughes 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 Baker Hughes - 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 Baker Hughes Co to buy it.

The correlation of Baker Hughes 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 Baker Hughes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baker Hughes 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 Baker Hughes 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 Correlation Correlation Matching

Additional Tools for Baker Stock Analysis

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

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