Above Food Number Of Shares Shorted vs. Cash Flow From Operations

ABVE Stock   0.67  0.02  2.90%   
Based on the measurements of profitability obtained from Above Food's financial statements, Above Food Ingredients may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess Above Food's ability to earn profits and add value for shareholders. At present, Above Food's Operating Cash Flow Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 39.31, whereas EV To Sales is forecasted to decline to 0.58. The current year's Income Quality is expected to grow to 0.43, whereas Accumulated Other Comprehensive Income is forecasted to decline to about 118.6 K.
For Above Food profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Above Food to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Above Food Ingredients utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Above Food's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Above Food Ingredients over time as well as its relative position and ranking within its peers.
  
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Is Agricultural Products & 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 Above Food. If investors know Above 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 Above Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
4.753
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.16)
The market value of Above Food Ingredients is measured differently than its book value, which is the value of Above that is recorded on the company's balance sheet. Investors also form their own opinion of Above Food's value that differs from its market value or its book value, called intrinsic value, which is Above Food'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 Above Food's market value can be influenced by many factors that don't directly affect Above Food'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 Above Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Above Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Above Food'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.

Above Food Ingredients Cash Flow From Operations vs. Number Of Shares Shorted Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Above Food's current stock value. Our valuation model uses many indicators to compare Above Food value to that of its competitors to determine the firm's financial worth.
Above Food Ingredients is number one stock in number of shares shorted category among its peers. It also is number one stock in cash flow from operations category among its peers making about  227.62  of Cash Flow From Operations per Number Of Shares Shorted. Comparative valuation analysis is a catch-all technique that is used if you cannot value Above Food by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Above Cash Flow From Operations vs. Number Of Shares Shorted

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.

Above Food

Shares Shorted

 = 

Shorted by Public

+

by Institutions

 = 
31.41 K
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.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Above Food

Operating Cash Flow

 = 

EBITDA

-

Taxes

 = 
7.15 M
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.

Above Cash Flow From Operations Comparison

Above Food is currently under evaluation in cash flow from operations category among its peers.

Above Food Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Above Food, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Above Food will eventually generate negative long term returns. The profitability progress is the general direction of Above Food's change in net profit over the period of time. It can combine multiple indicators of Above Food, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income167.7 K118.6 K
Operating Income-42.1 M-40 M
Income Before Tax-49.5 M-47 M
Total Other Income Expense Net-7.4 M-7.1 M
Net Loss-53.3 M-50.6 M
Net Interest Income-7.8 M-8.2 M
Interest Income245.3 K228.8 K
Net Loss-53.3 M-56 M
Income Tax Expense495.3 K321.9 K
Income Quality(0.13) 0.43 
Net Income Per E B T 1.08  0.70 

Above Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Above Food. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Above Food position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Above Food's important profitability drivers and their relationship over time.

Use Above Food in pair-trading

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 Above Food 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 Above Food will appreciate offsetting losses from the drop in the long position's value.

Above Food Pair Trading

Above Food Ingredients Pair Trading Analysis

The ability to find closely correlated positions to Above Food could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Above Food 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 Above Food - 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 Above Food Ingredients to buy it.
The correlation of Above Food 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 Above Food moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Above Food Ingredients 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 Above Food 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Above Food position

In addition to having Above Food in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Compulsion
Compulsion Theme
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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When determining whether Above Food Ingredients is a strong investment it is important to analyze Above Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Above Food's future performance. For an informed investment choice regarding Above Stock, refer to the following important reports:
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You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
To fully project Above Food's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Above Food Ingredients at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Above Food's income statement, its balance sheet, and the statement of cash flows.
Potential Above Food investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Above Food investors may work on each financial statement separately, they are all related. The changes in Above Food's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Above Food's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.