New Momentum Stock Number Of Shares Shorted
NNAX Stock | USD 0.0006 0.0001 20.00% |
New Momentum fundamentals help investors to digest information that contributes to New Momentum's financial success or failures. It also enables traders to predict the movement of New Pink Sheet. The fundamental analysis module provides a way to measure New Momentum'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 New Momentum pink sheet.
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New Momentum Company Number Of Shares Shorted Analysis
New Momentum'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 |
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.
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Based on the recorded statements, New Momentum has 0.0 of outstending shares currently sold short by investors. This is 100.0% lower than that of the Consumer Cyclical sector and about the same as Travel Services (which currently averages 0.0) industry. The number of shares shorted for all United States stocks is 100.0% higher than that of the company.
New Number Of Shares Shorted Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Momentum's direct or indirect competition against its Number Of Shares Shorted to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of New Momentum could also be used in its relative valuation, which is a method of valuing New Momentum by comparing valuation metrics of similar companies.New Momentum is currently under evaluation in number of shares shorted category among its peers.
New Fundamentals
Return On Asset | -1.25 | |||
Profit Margin | (0.25) % | |||
Operating Margin | (0.27) % | |||
Current Valuation | 2.31 M | |||
Shares Outstanding | 176.17 M | |||
Shares Owned By Insiders | 84.34 % | |||
Price To Book | 327,085 X | |||
Price To Sales | 2.37 X | |||
Revenue | 1.29 M | |||
Gross Profit | 5.39 K | |||
EBITDA | (258.51 K) | |||
Net Income | (287.76 K) | |||
Cash And Equivalents | 104.31 K | |||
Total Debt | 373.27 K | |||
Current Ratio | 0.22 X | |||
Book Value Per Share | (0) X | |||
Cash Flow From Operations | (108.89 K) | |||
Earnings Per Share | (0) X | |||
Beta | -2.32 | |||
Market Capitalization | 1.25 M | |||
Total Asset | 76.15 K | |||
Z Score | 7.88 | |||
Net Asset | 76.15 K |
About New Momentum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Momentum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Momentum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Momentum 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for New Pink Sheet Analysis
When running New Momentum's price analysis, check to measure New Momentum'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 New Momentum is operating at the current time. Most of New Momentum's value examination focuses on studying past and present price action to predict the probability of New Momentum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Momentum's price. Additionally, you may evaluate how the addition of New Momentum to your portfolios can decrease your overall portfolio volatility.