West High Earnings Per Share vs. Short Ratio
| WHY Stock | CAD 0.25 0.01 3.85% |
For West High profitability analysis, we use financial ratios and fundamental drivers that measure the ability of West High to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well West High Yield utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between West High's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of West High Yield over time as well as its relative position and ranking within its peers.
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West High Yield Short Ratio vs. Earnings Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining West High's current stock value. Our valuation model uses many indicators to compare West High value to that of its competitors to determine the firm's financial worth. West High Yield is rated below average in earnings per share category among its peers. It is rated first in short ratio category among its peers . 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 West High's earnings, one of the primary drivers of an investment's value.West Short Ratio vs. Earnings Per Share
Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
West High |
| = | (0.04) X |
Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.
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.
West High |
| = | 0.10 X |
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.
West Short Ratio Comparison
West High is currently under evaluation in short ratio category among its peers.
West High Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in West High, profitability is also one of the essential criteria for including it into their portfolios because, without profit, West High will eventually generate negative long term returns. The profitability progress is the general direction of West High's change in net profit over the period of time. It can combine multiple indicators of West High, 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 | 2 M | 2.1 M | |
| Operating Income | -2.9 M | -2.7 M | |
| Net Loss | -3.1 M | -3 M | |
| Income Tax Expense | (450.00) | (427.50) | |
| Income Before Tax | -3.1 M | -3.3 M | |
| Total Other Income Expense Net | -262 K | -248.9 K | |
| Net Loss | -3.1 M | -3.3 M | |
| Net Loss | -2.3 M | -2.4 M | |
| Net Interest Income | -262 K | -275.1 K | |
| Change To Netincome | -284.9 K | -270.7 K | |
| Net Loss | (0.04) | (0.04) | |
| Income Quality | 0.75 | 0.81 | |
| Net Income Per E B T | 1.00 | 0.77 |
West Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on West High. 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 West High 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 West High's important profitability drivers and their relationship over time.
Use West High 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 West High 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 West High will appreciate offsetting losses from the drop in the long position's value.West High Pair Trading
West High Yield Pair Trading Analysis
The ability to find closely correlated positions to West High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace West High 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 West High - 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 West High Yield to buy it.
The correlation of West High 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 West High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if West High Yield 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 West High 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 West High position
In addition to having West High 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 Electronic Equipment Thematic Idea Now
Electronic Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Electronic Equipment 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 Electronic Equipment Theme or any other thematic opportunities.
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Additional Tools for West Stock Analysis
When running West High's price analysis, check to measure West High's 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 West High is operating at the current time. Most of West High's value examination focuses on studying past and present price action to predict the probability of West High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West High's price. Additionally, you may evaluate how the addition of West High to your portfolios can decrease your overall portfolio volatility.