Giga Media Stock Short Ratio
| GIGM Stock | USD 1.46 0.03 2.01% |
Giga Media fundamentals help investors to digest information that contributes to Giga Media's financial success or failures. It also enables traders to predict the movement of Giga Stock. The fundamental analysis module provides a way to measure Giga Media'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 Giga Media stock.
Giga | Short Ratio |
Giga Media Company Short Ratio Analysis
Giga Media'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.
Current Giga Media Short Ratio | 1.92 X |
Most of Giga Media'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, Giga Media is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Giga Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Giga Media is extremely important. It helps to project a fair market value of Giga Stock properly, considering its historical fundamentals such as Short Ratio. Since Giga Media'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 Giga Media'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 Giga Media'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.
| Competition |
Based on the latest financial disclosure, Giga Media has a Short Ratio of 1.92 times. This is 76.9% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The short ratio for all United States stocks is 52.0% higher than that of the company.
Giga Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Giga Media'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 Giga Media could also be used in its relative valuation, which is a method of valuing Giga Media by comparing valuation metrics of similar companies.Giga Media is currently under evaluation in short ratio category among its peers.
Giga Media Institutional Holders
Institutional Holdings refers to the ownership stake in Giga Media that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Giga Media'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 Giga Media's value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 481.6 K | Two Sigma Advisers, Llc | 2024-06-30 | 0.0 | Advisor Group Holdings, Inc. | 2024-06-30 | 45.7 K | Two Sigma Investments Llc | 2024-06-30 | 24.1 K | Bnp Paribas Arbitrage, Sa | 2024-06-30 | 7.8 K | Barclays Plc | 2024-06-30 | 3.6 K | Householder Group Estate & Retirement Specialist, Llc | 2024-09-30 | 75.0 | Glen Eagle Advisors, Llc | 2024-06-30 | 2.0 | Acadian Asset Management Llc | 2024-06-30 | 0.0 | Susquehanna International Group, Llp | 2024-06-30 | 0.0 | Ridgewood Investments Llc | 2024-09-30 | 0.0 |
Giga Fundamentals
| Return On Equity | -0.0865 | ||||
| Return On Asset | -0.0501 | ||||
| Profit Margin | (1.25) % | ||||
| Operating Margin | (1.31) % | ||||
| Current Valuation | (21.84 M) | ||||
| Shares Outstanding | 11.05 M | ||||
| Shares Owned By Insiders | 45.55 % | ||||
| Shares Owned By Institutions | 3.81 % | ||||
| Number Of Shares Shorted | 27.09 K | ||||
| Price To Earning | 31.11 X | ||||
| Price To Book | 0.39 X | ||||
| Price To Sales | 5.23 X | ||||
| Revenue | 4.29 M | ||||
| Gross Profit | 3.25 M | ||||
| EBITDA | (3.1 M) | ||||
| Net Income | (3.4 M) | ||||
| Cash And Equivalents | 39.32 M | ||||
| Cash Per Share | 3.56 X | ||||
| Total Debt | 495 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 13.31 X | ||||
| Book Value Per Share | 3.78 X | ||||
| Cash Flow From Operations | (1.19 M) | ||||
| Short Ratio | 1.92 X | ||||
| Earnings Per Share | (0.36) X | ||||
| Target Price | 1.5 | ||||
| Number Of Employees | 96 | ||||
| Beta | 0.37 | ||||
| Market Capitalization | 16.14 M | ||||
| Total Asset | 46.5 M | ||||
| Retained Earnings | (241.83 M) | ||||
| Working Capital | 36.74 M | ||||
| Current Asset | 82.93 M | ||||
| Current Liabilities | 23.06 M | ||||
| Net Asset | 46.5 M |
About Giga Media Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Giga Media's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Giga Media using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Giga Media 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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Try AI Portfolio ArchitectCheck out Giga Media Piotroski F Score and Giga Media Altman Z Score analysis. To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Giga Media. If investors know Giga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Giga Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 0.279 | Quarterly Revenue Growth (0.28) | Return On Assets (0.05) | Return On Equity (0.09) |
The market value of Giga Media is measured differently than its book value, which is the value of Giga that is recorded on the company's balance sheet. Investors also form their own opinion of Giga Media's value that differs from its market value or its book value, called intrinsic value, which is Giga Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Giga Media's market value can be influenced by many factors that don't directly affect Giga Media's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Giga Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Giga Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Giga Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.