Larimar Therapeutics Stock Short Ratio
| LRMR Stock | USD 6.33 0.17 2.76% |
Larimar Therapeutics fundamentals help investors to digest information that contributes to Larimar Therapeutics' financial success or failures. It also enables traders to predict the movement of Larimar Stock. The fundamental analysis module provides a way to measure Larimar Therapeutics' 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 Larimar Therapeutics stock.
Larimar | Short Ratio |
Larimar Therapeutics Company Short Ratio Analysis
Larimar Therapeutics' 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 Larimar Therapeutics Short Ratio | 3.98 X |
Most of Larimar Therapeutics' 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, Larimar Therapeutics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Larimar Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Larimar Therapeutics is extremely important. It helps to project a fair market value of Larimar Stock properly, considering its historical fundamentals such as Short Ratio. Since Larimar Therapeutics' 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 Larimar Therapeutics' 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 Larimar Therapeutics' 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, Larimar Therapeutics has a Short Ratio of 3.98 times. This is 2.05% higher than that of the Biotechnology sector and 46.29% lower than that of the Health Care industry. This indicator is about the same for all United States stocks average (which is currently at 4.0).
Larimar Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Larimar Therapeutics' 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 Larimar Therapeutics could also be used in its relative valuation, which is a method of valuing Larimar Therapeutics by comparing valuation metrics of similar companies.Larimar Therapeutics is currently under evaluation in short ratio category among its peers.
Larimar Therapeutics Current Valuation Drivers
We derive many important indicators used in calculating different scores of Larimar Therapeutics from analyzing Larimar Therapeutics' financial statements. These drivers represent accounts that assess Larimar Therapeutics' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Larimar Therapeutics' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 122.7M | 254.4M | 185.2M | 106.4M | 199.8M | 253.4M | |
| Enterprise Value | 121.8M | 192.8M | 121.1M | 85.0M | 178.5M | 217.4M |
Larimar Therapeutics 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, Larimar Therapeutics' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Larimar Therapeutics' managers, analysts, and investors.Environmental | Governance | Social |
Larimar Therapeutics Institutional Holders
Institutional Holdings refers to the ownership stake in Larimar Therapeutics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Larimar Therapeutics' 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 Larimar Therapeutics' value.| Shares | Millennium Management Llc | 2024-06-30 | 1 M | State Street Corp | 2024-06-30 | 916.2 K | Geode Capital Management, Llc | 2024-09-30 | 901.3 K | Mangrove Partners | 2024-06-30 | 855.8 K | Fred Alger Management, Llc | 2024-09-30 | 786.6 K | Alyeska Investment Group, L.p. | 2024-09-30 | 710.2 K | Altium Capital Management, Lp | 2024-09-30 | 693 K | Fmr Inc | 2024-09-30 | 526.8 K | Dafna Capital Management Llc | 2024-09-30 | 494.3 K | Deerfield Management Co | 2024-09-30 | 21.2 M | Ra Capital Management, Llc | 2024-09-30 | 6 M |
Larimar Fundamentals
| Return On Equity | -0.44 | ||||
| Return On Asset | -0.29 | ||||
| Current Valuation | 194.7 M | ||||
| Shares Outstanding | 63.81 M | ||||
| Shares Owned By Insiders | 1.45 % | ||||
| Shares Owned By Institutions | 98.55 % | ||||
| Number Of Shares Shorted | 2.72 M | ||||
| Price To Book | 1.98 X | ||||
| EBITDA | (41.45 M) | ||||
| Net Income | (36.95 M) | ||||
| Cash And Equivalents | 54.92 M | ||||
| Cash Per Share | 3.10 X | ||||
| Total Debt | 5.55 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 7.35 X | ||||
| Book Value Per Share | 3.11 X | ||||
| Cash Flow From Operations | (33.46 M) | ||||
| Short Ratio | 3.98 X | ||||
| Earnings Per Share | (1.15) X | ||||
| Target Price | 21.03 | ||||
| Number Of Employees | 42 | ||||
| Beta | 0.71 | ||||
| Market Capitalization | 393.05 M | ||||
| Total Asset | 95.94 M | ||||
| Retained Earnings | (188.55 M) | ||||
| Working Capital | 80.67 M | ||||
| Net Asset | 95.94 M |
About Larimar Therapeutics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Larimar Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Larimar Therapeutics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Larimar Therapeutics 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 Larimar Therapeutics
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 Larimar Therapeutics 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 Larimar Therapeutics will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Larimar Therapeutics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Larimar Therapeutics 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 Larimar Therapeutics - 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 Larimar Therapeutics to buy it.
The correlation of Larimar Therapeutics 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 Larimar Therapeutics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Larimar Therapeutics 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 Larimar Therapeutics 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 Larimar Stock Analysis
When running Larimar Therapeutics' price analysis, check to measure Larimar Therapeutics' 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 Larimar Therapeutics is operating at the current time. Most of Larimar Therapeutics' value examination focuses on studying past and present price action to predict the probability of Larimar Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Larimar Therapeutics' price. Additionally, you may evaluate how the addition of Larimar Therapeutics to your portfolios can decrease your overall portfolio volatility.