Universal Stainless Alloy Stock Short Ratio
| USAP Stock | USD 44.23 0.06 0.14% |
Universal Stainless Alloy fundamentals help investors to digest information that contributes to Universal Stainless' financial success or failures. It also enables traders to predict the movement of Universal Stock. The fundamental analysis module provides a way to measure Universal Stainless' 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 Universal Stainless stock.
Universal | Short Ratio |
Universal Stainless Alloy Company Short Ratio Analysis
Universal Stainless' 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 Universal Stainless Short Ratio | 1.72 X |
Most of Universal Stainless' 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, Universal Stainless Alloy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Universal Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Universal Stainless is extremely important. It helps to project a fair market value of Universal Stock properly, considering its historical fundamentals such as Short Ratio. Since Universal Stainless' 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 Universal Stainless' 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 Universal Stainless' 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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Universal Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Universal Stainless Alloy has a Short Ratio of 1.72 times. This is 57.0% lower than that of the Metals & Mining sector and 55.9% lower than that of the Materials industry. The short ratio for all United States stocks is 57.0% higher than that of the company.
Universal Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Universal Stainless' 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 Universal Stainless could also be used in its relative valuation, which is a method of valuing Universal Stainless by comparing valuation metrics of similar companies.Universal Stainless is currently under evaluation in short ratio category among its peers.
Universal Stainless Current Valuation Drivers
We derive many important indicators used in calculating different scores of Universal Stainless from analyzing Universal Stainless' financial statements. These drivers represent accounts that assess Universal Stainless' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Universal Stainless' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 130.8M | 66.0M | 70.7M | 64.3M | 182.4M | 105.6M | |
| Enterprise Value | 195.0M | 116.0M | 139.9M | 160.7M | 267.9M | 140.9M |
Universal Stainless 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, Universal Stainless' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Universal Stainless' managers, analysts, and investors.Environmental | Governance | Social |
Universal Stainless Institutional Holders
Institutional Holdings refers to the ownership stake in Universal Stainless that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Universal Stainless' 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 Universal Stainless' value.| Shares | Hillsdale Investment Management Inc. | 2024-09-30 | 168.4 K | Foundry Partners, Llc | 2024-09-30 | 158.4 K | Millennium Management Llc | 2024-06-30 | 152 K | State Street Corp | 2024-06-30 | 112 K | Bridgeway Capital Management, Llc | 2024-06-30 | 95.6 K | Two Sigma Investments Llc | 2024-06-30 | 93.9 K | Oberweis Asset Management Inc | 2024-06-30 | 80.9 K | Northern Trust Corp | 2024-09-30 | 77.1 K | Two Sigma Advisers, Llc | 2024-06-30 | 74.1 K | Blackrock Inc | 2024-06-30 | 565.4 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 553.1 K |
Universal Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0661 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.16 % | ||||
| Current Valuation | 479.37 M | ||||
| Shares Outstanding | 9.31 M | ||||
| Shares Owned By Institutions | 77.04 % | ||||
| Number Of Shares Shorted | 461.51 K | ||||
| Price To Earning | 23.86 X | ||||
| Price To Book | 1.62 X | ||||
| Price To Sales | 1.26 X | ||||
| Revenue | 285.94 M | ||||
| Gross Profit | 14.19 M | ||||
| EBITDA | 33.16 M | ||||
| Net Income | 4.91 M | ||||
| Cash And Equivalents | 66 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 85.8 M | ||||
| Debt To Equity | 0.40 % | ||||
| Current Ratio | 4.70 X | ||||
| Book Value Per Share | 27.21 X | ||||
| Cash Flow From Operations | 25.23 M | ||||
| Short Ratio | 1.72 X | ||||
| Earnings Per Share | 2.73 X | ||||
| Price To Earnings To Growth | 19.55 X | ||||
| Target Price | 46.0 | ||||
| Number Of Employees | 678 | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 411.23 M | ||||
| Total Asset | 356.69 M | ||||
| Retained Earnings | 127.52 M | ||||
| Working Capital | 149.91 M | ||||
| Current Asset | 103.75 M | ||||
| Current Liabilities | 18.75 M | ||||
| Net Asset | 356.69 M |
About Universal Stainless Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Universal Stainless Alloy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Universal Stainless using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Universal Stainless Alloy 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 Universal Stainless
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 Universal Stainless 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 Universal Stainless will appreciate offsetting losses from the drop in the long position's value.Moving together with Universal Stock
| 0.79 | X | United States Steel | PairCorr |
| 0.78 | AA | Alcoa Corp Fiscal Year End 15th of January 2025 | PairCorr |
| 0.74 | RS | Reliance Steel Aluminum | PairCorr |
The ability to find closely correlated positions to Universal Stainless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Stainless 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 Universal Stainless - 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 Universal Stainless Alloy to buy it.
The correlation of Universal Stainless 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 Universal Stainless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Stainless Alloy 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 Universal Stainless 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 Universal Stock Analysis
When running Universal Stainless' price analysis, check to measure Universal Stainless' 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 Universal Stainless is operating at the current time. Most of Universal Stainless' value examination focuses on studying past and present price action to predict the probability of Universal Stainless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Stainless' price. Additionally, you may evaluate how the addition of Universal Stainless to your portfolios can decrease your overall portfolio volatility.