Blue Sky Uranium Stock Number Of Shares Shorted
| BSK Stock | CAD 0.04 0.01 10.00% |
Blue Sky Uranium fundamentals help investors to digest information that contributes to Blue Sky'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 Sky'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 Sky stock.
Blue | Number Of Shares Shorted |
Blue Sky Uranium Company Number Of Shares Shorted Analysis
Blue Sky's 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 Blue Sky Number Of Shares Shorted | 133.43 K |
Most of Blue Sky's 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, Blue Sky Uranium is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Blue Number Of Shares Shorted Driver Correlations
Understanding the fundamental principles of building solid financial models for Blue Sky is extremely important. It helps to project a fair market value of Blue Stock properly, considering its historical fundamentals such as Number Of Shares Shorted. Since Blue Sky'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 Sky'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 Sky's interrelated accounts and indicators.
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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.
| Competition |
Based on the recorded statements, Blue Sky Uranium has 133.43 K of outstending shares currently sold short by investors. This is 95.87% lower than that of the Oil, Gas & Consumable Fuels sector and 98.25% lower than that of the Energy industry. The number of shares shorted for all Canada stocks is 97.16% higher than that of the company.
Blue Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Sky's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Blue Sky could also be used in its relative valuation, which is a method of valuing Blue Sky by comparing valuation metrics of similar companies.Blue Sky is currently under evaluation in number of shares shorted category among its peers.
Blue Sky Current Valuation Drivers
We derive many important indicators used in calculating different scores of Blue Sky from analyzing Blue Sky's financial statements. These drivers represent accounts that assess Blue Sky's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Blue Sky's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 16.6M | 12.4M | 22.8M | 17.4M | 16.3M | 9.0M | |
| Enterprise Value | 15.3M | 12.1M | 23.0M | 15.7M | 15.3M | 8.5M |
Blue Fundamentals
| Return On Equity | -109.37 | ||||
| Return On Asset | -2.05 | ||||
| Current Valuation | 14.56 M | ||||
| Shares Outstanding | 298.92 M | ||||
| Shares Owned By Insiders | 4.29 % | ||||
| Number Of Shares Shorted | 133.43 K | ||||
| Price To Earning | (2.13) X | ||||
| Price To Book | 38.10 X | ||||
| Gross Profit | (86.07 K) | ||||
| EBITDA | (4.18 M) | ||||
| Net Income | (3.66 M) | ||||
| Cash And Equivalents | 187.93 K | ||||
| Total Debt | 924.46 K | ||||
| Current Ratio | 2.79 X | ||||
| Book Value Per Share | 0 X | ||||
| Cash Flow From Operations | (3.59 M) | ||||
| Short Ratio | 0.59 X | ||||
| Earnings Per Share | (0.02) X | ||||
| Target Price | 0.46 | ||||
| Beta | 1.79 | ||||
| Market Capitalization | 14.95 M | ||||
| Total Asset | 1.33 M | ||||
| Retained Earnings | (55.01 M) | ||||
| Working Capital | 198.87 K | ||||
| Net Asset | 1.33 M |
About Blue Sky Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Sky Uranium's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Sky using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Sky Uranium 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 Blue Stock Analysis
When running Blue Sky's price analysis, check to measure Blue Sky'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 Sky is operating at the current time. Most of Blue Sky's value examination focuses on studying past and present price action to predict the probability of Blue Sky'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 Sky's price. Additionally, you may evaluate how the addition of Blue Sky to your portfolios can decrease your overall portfolio volatility.