Ontrak Inc Stock Short Ratio
| OTRK Stock | USD 1.80 0.05 2.70% |
Ontrak Inc fundamentals help investors to digest information that contributes to Ontrak's financial success or failures. It also enables traders to predict the movement of Ontrak Stock. The fundamental analysis module provides a way to measure Ontrak'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 Ontrak stock.
Ontrak | Short Ratio |
Ontrak Inc Company Short Ratio Analysis
Ontrak'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 Ontrak Short Ratio | 0.01 X |
Most of Ontrak'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, Ontrak Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Ontrak Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Ontrak is extremely important. It helps to project a fair market value of Ontrak Stock properly, considering its historical fundamentals such as Short Ratio. Since Ontrak'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 Ontrak'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 Ontrak'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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Ontrak Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Ontrak Inc has a Short Ratio of 0.01 times. This is 99.74% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The short ratio for all United States stocks is 99.75% higher than that of the company.
Ontrak Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ontrak'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 Ontrak could also be used in its relative valuation, which is a method of valuing Ontrak by comparing valuation metrics of similar companies.Ontrak is currently under evaluation in short ratio category among its peers.
Ontrak Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ontrak from analyzing Ontrak's financial statements. These drivers represent accounts that assess Ontrak's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ontrak's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.0B | 15.9B | 1.8B | 128.3M | 115.4M | 109.7M | |
| Enterprise Value | 4.0B | 15.8B | 1.7B | 134.5M | 121.0M | 115.0M |
Ontrak Institutional Holders
Institutional Holdings refers to the ownership stake in Ontrak that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ontrak'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 Ontrak's value.| Shares | Pfs Partners, Llc | 2024-09-30 | 138 | Qube Research & Technologies | 2024-06-30 | 10.0 | Royal Bank Of Canada | 2024-06-30 | 7.0 | Capital Advisors, Ltd. Llc | 2024-09-30 | 5.0 | Comerica Bank | 2024-09-30 | 4.0 | Richard W Paul & Associates Llc | 2024-09-30 | 2.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Fmr Inc | 2024-06-30 | 0.0 | Hudson Bay Capital Management Lp | 2024-06-30 | 0.0 | Ubs Group Ag | 2024-06-30 | 34.2 K | State Street Corp | 2024-06-30 | 32 K |
Ontrak Fundamentals
| Return On Equity | -3.41 | ||||
| Return On Asset | -0.45 | ||||
| Profit Margin | (2.23) % | ||||
| Operating Margin | (1.65) % | ||||
| Current Valuation | 7.73 M | ||||
| Shares Outstanding | 4.22 M | ||||
| Shares Owned By Insiders | 45.97 % | ||||
| Shares Owned By Institutions | 0.21 % | ||||
| Number Of Shares Shorted | 52.84 K | ||||
| Price To Book | 0.66 X | ||||
| Price To Sales | 0.63 X | ||||
| Revenue | 12.74 M | ||||
| Gross Profit | 7.05 M | ||||
| EBITDA | (14.42 M) | ||||
| Net Income | (27.92 M) | ||||
| Cash And Equivalents | 10.05 M | ||||
| Cash Per Share | 0.39 X | ||||
| Total Debt | 1.69 M | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 2.72 X | ||||
| Book Value Per Share | 5.57 X | ||||
| Cash Flow From Operations | (15.5 M) | ||||
| Short Ratio | 0.01 X | ||||
| Earnings Per Share | 31.91 X | ||||
| Target Price | 4.0 | ||||
| Number Of Employees | 102 | ||||
| Beta | 2.6 | ||||
| Market Capitalization | 7.8 M | ||||
| Total Asset | 19.85 M | ||||
| Retained Earnings | (470.66 M) | ||||
| Working Capital | 8.84 M | ||||
| Net Asset | 19.85 M |
About Ontrak Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ontrak Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ontrak using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ontrak Inc 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 Ontrak Piotroski F Score and Ontrak Altman Z Score analysis. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Health Care Providers & Services 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 Ontrak. If investors know Ontrak 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 Ontrak listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 31.91 | Revenue Per Share 4.585 | Quarterly Revenue Growth (0.17) | Return On Assets (0.45) | Return On Equity (3.41) |
The market value of Ontrak Inc is measured differently than its book value, which is the value of Ontrak that is recorded on the company's balance sheet. Investors also form their own opinion of Ontrak's value that differs from its market value or its book value, called intrinsic value, which is Ontrak'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 Ontrak's market value can be influenced by many factors that don't directly affect Ontrak'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 Ontrak's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ontrak is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ontrak'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.