Neovolta Common Stock Stock Short Ratio
| NEOV Stock | USD 5.86 0.37 6.74% |
NeoVolta Common Stock fundamentals help investors to digest information that contributes to NeoVolta Common's financial success or failures. It also enables traders to predict the movement of NeoVolta Stock. The fundamental analysis module provides a way to measure NeoVolta Common'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 NeoVolta Common stock.
NeoVolta | Short Ratio |
NeoVolta Common Stock Company Short Ratio Analysis
NeoVolta Common'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 NeoVolta Common Short Ratio | 5.29 X |
Most of NeoVolta Common'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, NeoVolta Common Stock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
NeoVolta Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for NeoVolta Common is extremely important. It helps to project a fair market value of NeoVolta Stock properly, considering its historical fundamentals such as Short Ratio. Since NeoVolta Common'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 NeoVolta Common'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 NeoVolta Common'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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NeoVolta Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, NeoVolta Common Stock has a Short Ratio of 5.29 times. This indicator is about the same for the Machinery average (which is currently at 5.24) sector and significantly higher than that of the Industrials industry. The short ratio for all United States stocks is 32.25% lower than that of the firm.
NeoVolta Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NeoVolta Common'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 NeoVolta Common could also be used in its relative valuation, which is a method of valuing NeoVolta Common by comparing valuation metrics of similar companies.NeoVolta Common is currently under evaluation in short ratio category among its peers.
NeoVolta Common Current Valuation Drivers
We derive many important indicators used in calculating different scores of NeoVolta Common from analyzing NeoVolta Common's financial statements. These drivers represent accounts that assess NeoVolta Common's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NeoVolta Common's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 28.2M | 117.4M | 78.9M | 104.9M | 82.7M | 47.7M | |
| Enterprise Value | 26.9M | 116.9M | 79.7M | 102.9M | 81.7M | 46.9M |
NeoVolta Common 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, NeoVolta Common's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NeoVolta Common's managers, analysts, and investors.Environmental | Governance | Social |
NeoVolta Common Institutional Holders
Institutional Holdings refers to the ownership stake in NeoVolta Common that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of NeoVolta Common'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 NeoVolta Common's value.| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 2 K | Riggs Asset Management Co Inc | 2024-09-30 | 600 | Bank Of America Corp | 2024-06-30 | 232 | Royal Bank Of Canada | 2024-06-30 | 154 | Wells Fargo & Co | 2024-06-30 | 0.0 | Bb&t Corp. | 2024-06-30 | 0.0 | Squarepoint Ops Llc | 2024-06-30 | 0.0 | Blackrock Inc | 2024-06-30 | 418.5 K | Vanguard Group Inc | 2024-09-30 | 391.9 K | Geode Capital Management, Llc | 2024-06-30 | 290.9 K | Bip Wealth, Llc | 2024-09-30 | 200.2 K |
NeoVolta Fundamentals
| Return On Equity | -0.57 | ||||
| Return On Asset | -0.35 | ||||
| Profit Margin | (1.15) % | ||||
| Operating Margin | (1.64) % | ||||
| Current Valuation | 182.76 M | ||||
| Shares Outstanding | 33.36 M | ||||
| Shares Owned By Insiders | 14.93 % | ||||
| Shares Owned By Institutions | 15.15 % | ||||
| Number Of Shares Shorted | 629.39 K | ||||
| Price To Book | 47.01 X | ||||
| Price To Sales | 74.12 X | ||||
| Revenue | 2.65 M | ||||
| Gross Profit | 688 K | ||||
| EBITDA | (2.3 M) | ||||
| Net Income | (2.3 M) | ||||
| Cash And Equivalents | 330.38 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 61.1 K | ||||
| Debt To Equity | 0.43 % | ||||
| Current Ratio | 2.84 X | ||||
| Book Value Per Share | 0.12 X | ||||
| Cash Flow From Operations | (1.02 M) | ||||
| Short Ratio | 5.29 X | ||||
| Earnings Per Share | (0.09) X | ||||
| Target Price | 7.5 | ||||
| Number Of Employees | 10 | ||||
| Beta | -0.66 | ||||
| Market Capitalization | 183.16 M | ||||
| Total Asset | 4.66 M | ||||
| Retained Earnings | (20.74 M) | ||||
| Working Capital | 4.6 M | ||||
| Net Asset | 4.66 M |
About NeoVolta Common Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NeoVolta Common Stock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NeoVolta Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NeoVolta Common Stock 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 NeoVolta Stock Analysis
When running NeoVolta Common's price analysis, check to measure NeoVolta Common'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 NeoVolta Common is operating at the current time. Most of NeoVolta Common's value examination focuses on studying past and present price action to predict the probability of NeoVolta Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NeoVolta Common's price. Additionally, you may evaluate how the addition of NeoVolta Common to your portfolios can decrease your overall portfolio volatility.