Blue Sphere Corp Stock Short Ratio
| BLSP Stock | USD 0.0001 0.00 0.00% |
Blue Sphere Corp fundamentals help investors to digest information that contributes to Blue Sphere's financial success or failures. It also enables traders to predict the movement of Blue Stock. The fundamental analysis module provides a way to measure Blue Sphere'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 Blue Sphere stock.
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Blue Sphere Corp Company Short Ratio Analysis
Blue Sphere'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.
Blue Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Blue Sphere is extremely important. It helps to project a fair market value of Blue Stock properly, considering its historical fundamentals such as Short Ratio. Since Blue Sphere'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 Blue Sphere'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 Blue Sphere's interrelated accounts and indicators.
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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.
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Blue Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Blue Sphere Corp has a Short Ratio of 0.0 times. This is 100.0% lower than that of the Commercial Services & Supplies sector and about the same as Industrials (which currently averages 0.0) industry. The short ratio for all United States stocks is 100.0% higher than that of the company.
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Blue Fundamentals
| Return On Asset | -0.0577 | |||
| Profit Margin | (1.56) % | |||
| Operating Margin | (0.45) % | |||
| Current Valuation | 26.16 M | |||
| Shares Outstanding | 721.98 M | |||
| Price To Earning | 0.59 X | |||
| Price To Sales | 0.04 X | |||
| Revenue | 10.9 M | |||
| Gross Profit | 1.6 M | |||
| EBITDA | (2.37 M) | |||
| Net Income | (10.44 M) | |||
| Cash And Equivalents | 2.55 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 13.25 M | |||
| Current Ratio | 0.37 X | |||
| Book Value Per Share | (0.28) X | |||
| Cash Flow From Operations | (355 K) | |||
| Earnings Per Share | (0.01) X | |||
| Target Price | 0.16 | |||
| Number Of Employees | 11 | |||
| Beta | 266.71 | |||
| Market Capitalization | 397.09 K | |||
| Total Asset | 42.71 M | |||
| Retained Earnings | (60.84 M) | |||
| Working Capital | (18.15 M) | |||
| Current Asset | 2.17 M | |||
| Current Liabilities | 12.7 M | |||
| Net Asset | 42.71 M |
About Blue Sphere Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Sphere Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Sphere using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Sphere 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.
Pair Trading with Blue Sphere
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 Blue Sphere 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 Blue Sphere will appreciate offsetting losses from the drop in the long position's value.Moving against Blue Stock
| 0.61 | CASS | Cass Information Systems Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.57 | WM | Waste Management | PairCorr |
| 0.56 | LZ | LegalZoom | PairCorr |
| 0.55 | VRSK | Verisk Analytics | PairCorr |
| 0.52 | VSEC | VSE Corporation | PairCorr |
The ability to find closely correlated positions to Blue Sphere could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Sphere 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 Blue Sphere - 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 Blue Sphere Corp to buy it.
The correlation of Blue Sphere 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 Blue Sphere moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Sphere 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 Blue Sphere 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.Additional Tools for Blue Stock Analysis
When running Blue Sphere's price analysis, check to measure Blue Sphere'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 Blue Sphere is operating at the current time. Most of Blue Sphere's value examination focuses on studying past and present price action to predict the probability of Blue Sphere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Sphere's price. Additionally, you may evaluate how the addition of Blue Sphere to your portfolios can decrease your overall portfolio volatility.