Orange Sa Adr Stock Short Ratio
Orange SA ADR fundamentals help investors to digest information that contributes to Orange SA's financial success or failures. It also enables traders to predict the movement of Orange Stock. The fundamental analysis module provides a way to measure Orange SA'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 Orange SA stock.
Orange |
Orange SA ADR Company Short Ratio Analysis
Orange SA'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 Orange SA Short Ratio | 3.78 X |
Most of Orange SA'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, Orange SA ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
CompetitionBased on the latest financial disclosure, Orange SA ADR has a Short Ratio of 3.78 times. This is 54.51% lower than that of the Diversified Telecommunication Services sector and 24.1% lower than that of the Communication Services industry. The short ratio for all United States stocks is 5.5% higher than that of the company.
Orange Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Orange SA'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 Orange SA could also be used in its relative valuation, which is a method of valuing Orange SA by comparing valuation metrics of similar companies.Orange SA is currently under evaluation in short ratio category among its peers.
Orange Fundamentals
| Return On Equity | 0.0789 | |||
| Return On Asset | 0.0365 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | 19.78 B | |||
| Shares Outstanding | 2.66 B | |||
| Shares Owned By Institutions | 1.14 % | |||
| Number Of Shares Shorted | 1.52 M | |||
| Price To Earning | 6.37 X | |||
| Price To Book | 0.78 X | |||
| Price To Sales | 0.67 X | |||
| Revenue | 44.12 B | |||
| Gross Profit | 16.76 B | |||
| EBITDA | 14.15 B | |||
| Net Income | 2.27 B | |||
| Cash And Equivalents | 13.79 B | |||
| Cash Per Share | 5.19 X | |||
| Total Debt | 8.57 B | |||
| Debt To Equity | 1.26 % | |||
| Current Ratio | 0.97 X | |||
| Book Value Per Share | 11.81 X | |||
| Cash Flow From Operations | 12.05 B | |||
| Short Ratio | 3.78 X | |||
| Earnings Per Share | 0.84 X | |||
| Price To Earnings To Growth | 3.38 X | |||
| Target Price | 13.99 | |||
| Number Of Employees | 137.09 K | |||
| Beta | 0.17 | |||
| Market Capitalization | 30.09 B | |||
| Total Asset | 110.05 B | |||
| Retained Earnings | 61 M | |||
| Working Capital | (5.29 B) | |||
| Current Asset | 21.84 B | |||
| Current Liabilities | 23.49 B | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 6.08 % | |||
| Net Asset | 110.05 B | |||
| Last Dividend Paid | 0.72 |
Pair Trading with Orange SA
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 Orange SA 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 Orange SA will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Comcast Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comcast Corp 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 Comcast Corp - 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 Comcast Corp to buy it.
The correlation of Comcast Corp 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 Comcast Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comcast Corp 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 Comcast Corp 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.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Orange Stock
If you are still planning to invest in Orange SA ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Orange SA's history and understand the potential risks before investing.
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