5 Heavily Shorted Stocks That are Skyrocketing - 247 Wall St.
| SPRN Stock | USD 0.0003 0.00 0.00% |
About 51% of Supernova Energy's investor base is interested to short. The analysis of overall sentiment of trading Supernova Energy pink sheet suggests that many investors are impartial at this time. Supernova Energy's investing sentiment overview a quick insight into current market opportunities from investing in Supernova Energy. Many technical investors use Supernova Energy stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Supernova |
5 Heavily Shorted Stocks That are Skyrocketing 247 Wall St.
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Supernova Energy Fundamental Analysis
We analyze Supernova Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Supernova Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Supernova Energy 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.
Beta
Beta Comparative Analysis
Supernova Energy is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Supernova Energy Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Supernova Energy pink sheet to make a market-neutral strategy. Peer analysis of Supernova Energy could also be used in its relative valuation, which is a method of valuing Supernova Energy by comparing valuation metrics with similar companies.
Peers
Supernova Energy Related Equities
| VOC | VOC Energy | 1.63 | ||||
| BSM | Black Stone | 0.32 | ||||
| KRP | Kimbell Royalty | 0.12 | ||||
| ECAOF | Eco (Atlantic) | 0.00 | ||||
| MUR | Murphy Oil | 0.34 | ||||
| SBR | Sabine Royalty | 0.88 | ||||
| FANG | Diamondback Energy | 0.99 | ||||
| APA | APA | 1.37 | ||||
| EOG | EOG Resources | 1.52 | ||||
| EQT | EQT | 2.00 | ||||
| RRC | Range Resources | 2.32 | ||||
| PR | Permian Resources | 2.43 | ||||
| CRK | Comstock Resources | 2.89 | ||||
| PTHRF | Pantheon Resources | 3.13 | ||||
| CRT | Cross Timbers | 3.20 |
Other Information on Investing in Supernova Pink Sheet
Supernova Energy financial ratios help investors to determine whether Supernova Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Supernova with respect to the benefits of owning Supernova Energy security.