Eaco Corp Stock Short Ratio
| EACODelisted Stock | USD 33.00 1.00 3.13% |
Eaco Corp fundamentals help investors to digest information that contributes to Eaco Corp's financial success or failures. It also enables traders to predict the movement of Eaco Pink Sheet. The fundamental analysis module provides a way to measure Eaco Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Eaco Corp pink sheet.
Eaco |
Eaco Corp Company Short Ratio Analysis
Eaco Corp's 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.
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.
CompetitionBased on the latest financial disclosure, Eaco Corp has a Short Ratio of 0.0 times. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and about the same as Information Technology (which currently averages 0.0) industry. The short ratio for all United States stocks is 100.0% higher than that of the company.
Eaco Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eaco Corp's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Eaco Corp could also be used in its relative valuation, which is a method of valuing Eaco Corp by comparing valuation metrics of similar companies.Eaco Corp is currently under evaluation in short ratio category among its peers.
Eaco Fundamentals
| Return On Equity | 0.23 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 139.69 M | ||||
| Shares Outstanding | 4.86 M | ||||
| Shares Owned By Insiders | 95.91 % | ||||
| Price To Earning | 22.92 X | ||||
| Price To Book | 1.66 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 237.96 M | ||||
| Gross Profit | 83.5 M | ||||
| EBITDA | 13.43 M | ||||
| Net Income | 8.39 M | ||||
| Cash And Equivalents | 21.31 M | ||||
| Cash Per Share | 4.38 X | ||||
| Total Debt | 4.46 M | ||||
| Debt To Equity | 0.17 % | ||||
| Current Ratio | 2.97 X | ||||
| Book Value Per Share | 19.00 X | ||||
| Cash Flow From Operations | 8.82 M | ||||
| Earnings Per Share | 3.93 X | ||||
| Number Of Employees | 506 | ||||
| Beta | 0.16 | ||||
| Market Capitalization | 139.77 M | ||||
| Total Asset | 110.39 M | ||||
| Retained Earnings | 17.68 M | ||||
| Working Capital | 28.55 M | ||||
| Current Asset | 48.31 M | ||||
| Current Liabilities | 19.75 M | ||||
| Z Score | 20.6 | ||||
| Net Asset | 110.39 M |
About Eaco Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eaco Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eaco Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eaco Corp 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.
Please read more on our fundamental analysis page.
Pair Trading with Eaco Corp
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 Eaco Corp 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 Eaco Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Eaco Pink Sheet
| 0.65 | VVPR | VivoPower International Tech Boost | PairCorr |
| 0.53 | VIDE | Video Display | PairCorr |
| 0.46 | VHAI | VHAI | PairCorr |
| 0.44 | VEEA | Veea Inc Symbol Change | PairCorr |
| 0.32 | FOXXW | Foxx Development Holdings | PairCorr |
The ability to find closely correlated positions to Eaco Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaco Corp 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 Eaco Corp - 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 Eaco Corp to buy it.
The correlation of Eaco Corp 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 Eaco Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaco Corp 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 Eaco Corp 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Eaco Pink Sheet
If you are still planning to invest in Eaco Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Eaco Corp's history and understand the potential risks before investing.
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