22nd Century Shares Owned By Insiders vs. Number Of Shares Shorted
| XXII Stock | USD 0.1 0.0006 0.60% |
For 22nd Century profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 22nd Century to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 22nd Century Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 22nd Century's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 22nd Century Group over time as well as its relative position and ranking within its peers.
22nd |
Is Tobacco 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 22nd Century. If investors know 22nd 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 22nd Century listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.92) | Revenue Per Share 1.461 | Quarterly Revenue Growth (0.61) | Return On Assets (0.23) | Return On Equity 0.3628 |
The market value of 22nd Century Group is measured differently than its book value, which is the value of 22nd that is recorded on the company's balance sheet. Investors also form their own opinion of 22nd Century's value that differs from its market value or its book value, called intrinsic value, which is 22nd Century'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 22nd Century's market value can be influenced by many factors that don't directly affect 22nd Century'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 22nd Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if 22nd Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 22nd Century'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.
22nd Century Group Number Of Shares Shorted vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 22nd Century's current stock value. Our valuation model uses many indicators to compare 22nd Century value to that of its competitors to determine the firm's financial worth. 22nd Century Group is rated second in shares owned by insiders category among its peers. It is rated fifth in number of shares shorted category among its peers making about 14,602 of Number Of Shares Shorted per Shares Owned By Insiders. 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 22nd Century's earnings, one of the primary drivers of an investment's value.22nd Number Of Shares Shorted vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
22nd Century |
| = | 16.70 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
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.
22nd Century |
| = | 243.85 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.
22nd Number Of Shares Shorted Comparison
22nd Century is currently under evaluation in number of shares shorted category among its peers.
22nd Century Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 22nd Century, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 22nd Century will eventually generate negative long term returns. The profitability progress is the general direction of 22nd Century's change in net profit over the period of time. It can combine multiple indicators of 22nd Century, 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 | ||
| Operating Income | -44.9 M | -42.7 M | |
| Income Before Tax | -54.6 M | -51.9 M | |
| Net Loss | -140.8 M | -133.7 M | |
| Income Tax Expense | 47 K | 44.6 K | |
| Total Other Income Expense Net | -9.7 M | -9.2 M | |
| Net Loss | -54.7 M | -52 M | |
| Non Operating Income Net Other | -3.2 M | -3.4 M | |
| Net Loss | -53.8 M | -51.1 M | |
| Interest Income | 219 K | 208.1 K | |
| Net Interest Income | -9.1 M | -8.7 M | |
| Change To Netincome | 8.2 M | 8.6 M | |
| Net Loss | (108.75) | (103.32) | |
| Income Quality | 0.39 | 0.37 | |
| Net Income Per E B T | 2.58 | 2.71 |
22nd Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 22nd Century. 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 22nd Century 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 22nd Century's important profitability drivers and their relationship over time.
Use 22nd Century 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 22nd Century 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 22nd Century will appreciate offsetting losses from the drop in the long position's value.22nd Century Pair Trading
22nd Century Group Pair Trading Analysis
The ability to find closely correlated positions to 22nd Century could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 22nd Century 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 22nd Century - 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 22nd Century Group to buy it.
The correlation of 22nd Century 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 22nd Century moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 22nd Century Group 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 22nd Century 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 22nd Century position
In addition to having 22nd Century 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?
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Companies involved in production of semiconductor and semiconductor materials. The Semiconductor theme has 47 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 Semiconductor Theme or any other thematic opportunities.
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To fully project 22nd Century's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 22nd Century Group 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 22nd Century's income statement, its balance sheet, and the statement of cash flows.