Cymat Technologies Cash And Equivalents vs. Number Of Shares Shorted
| CYM Stock | CAD 0.11 0.01 10.00% |
For Cymat Technologies profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cymat Technologies to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cymat Technologies utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cymat Technologies's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cymat Technologies over time as well as its relative position and ranking within its peers.
Cymat |
Cymat Technologies Number Of Shares Shorted vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Cymat Technologies's current stock value. Our valuation model uses many indicators to compare Cymat Technologies value to that of its competitors to determine the firm's financial worth. Cymat Technologies is rated fifth in cash and equivalents category among its peers. It also is rated fifth in number of shares shorted category among its peers . The ratio of Cash And Equivalents to Number Of Shares Shorted for Cymat Technologies is about 653.45 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cymat Technologies' earnings, one of the primary drivers of an investment's value.Cymat Number Of Shares Shorted vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cymat Technologies |
| = | 181.66 K |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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.
Cymat Technologies |
| = | 278 |
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.
Cymat Number Of Shares Shorted Comparison
Cymat Technologies is currently under evaluation in number of shares shorted category among its peers.
Cymat Technologies Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Cymat Technologies, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Cymat Technologies will eventually generate negative long term returns. The profitability progress is the general direction of Cymat Technologies' change in net profit over the period of time. It can combine multiple indicators of Cymat Technologies, 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 Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 230.6 K | 219.1 K | |
| Operating Income | -3.9 M | -4.1 M | |
| Income Before Tax | -4.3 M | -4.5 M | |
| Total Other Income Expense Net | 459.00 | 436.05 | |
| Net Loss | -4.3 M | -4.5 M | |
| Income Tax Expense | 124.1 K | 117.9 K | |
| Net Loss | -4.3 M | -4.1 M | |
| Net Loss | -5.4 M | -5.2 M | |
| Net Interest Income | -407.9 K | -428.3 K | |
| Interest Income | 67.50 | 60.00 | |
| Change To Netincome | 2.1 M | 2.2 M | |
| Net Loss | (0.07) | (0.07) | |
| Income Quality | 0.52 | 0.45 | |
| Net Income Per E B T | 1.15 | 1.11 |
Cymat Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Cymat Technologies. 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 Cymat Technologies 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 Cymat Technologies' important profitability drivers and their relationship over time.
Use Cymat Technologies 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 Cymat Technologies 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 Cymat Technologies will appreciate offsetting losses from the drop in the long position's value.Cymat Technologies Pair Trading
Cymat Technologies Pair Trading Analysis
The ability to find closely correlated positions to Cymat Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cymat Technologies 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 Cymat Technologies - 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 Cymat Technologies to buy it.
The correlation of Cymat Technologies 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 Cymat Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cymat Technologies 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 Cymat Technologies 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.Use Investing Themes to Complement your Cymat Technologies position
In addition to having Cymat Technologies 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.Did You Try This Idea?
Run Automobiles and Trucks Thematic Idea Now
Automobiles and Trucks
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Automobiles and Trucks theme has 61 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 Automobiles and Trucks Theme or any other thematic opportunities.
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Additional Tools for Cymat Stock Analysis
When running Cymat Technologies' price analysis, check to measure Cymat Technologies' 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 Cymat Technologies is operating at the current time. Most of Cymat Technologies' value examination focuses on studying past and present price action to predict the probability of Cymat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cymat Technologies' price. Additionally, you may evaluate how the addition of Cymat Technologies to your portfolios can decrease your overall portfolio volatility.