Fpx Nickel Corp Stock Short Ratio
| FPX Stock | CAD 0.24 0.01 4.00% |
FPX Nickel Corp fundamentals help investors to digest information that contributes to FPX Nickel's financial success or failures. It also enables traders to predict the movement of FPX Stock. The fundamental analysis module provides a way to measure FPX Nickel'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 FPX Nickel stock.
FPX | Short Ratio |
FPX Nickel Corp Company Short Ratio Analysis
FPX Nickel'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.
Current FPX Nickel Short Ratio | 0.12 X |
Most of FPX Nickel's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, FPX Nickel Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
FPX Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for FPX Nickel is extremely important. It helps to project a fair market value of FPX Stock properly, considering its historical fundamentals such as Short Ratio. Since FPX Nickel's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of FPX Nickel's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of FPX Nickel's interrelated accounts and indicators.
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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.
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FPX Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, FPX Nickel Corp has a Short Ratio of 0.12 times. This is 97.0% lower than that of the Metals & Mining sector and 97.56% lower than that of the Materials industry. The short ratio for all Canada stocks is 97.0% higher than that of the company.
FPX Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FPX Nickel's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of FPX Nickel could also be used in its relative valuation, which is a method of valuing FPX Nickel by comparing valuation metrics of similar companies.FPX Nickel is currently under evaluation in short ratio category among its peers.
FPX Nickel Current Valuation Drivers
We derive many important indicators used in calculating different scores of FPX Nickel from analyzing FPX Nickel's financial statements. These drivers represent accounts that assess FPX Nickel's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of FPX Nickel's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 23.8M | 119.0M | 102.9M | 93.6M | 84.2M | 88.5M | |
| Enterprise Value | 30.0M | 116.6M | 88.6M | 75.7M | 68.2M | 71.6M |
FPX Fundamentals
| Return On Equity | -0.0351 | ||||
| Return On Asset | -0.0384 | ||||
| Current Valuation | 37.91 M | ||||
| Shares Outstanding | 314.88 M | ||||
| Shares Owned By Insiders | 25.89 % | ||||
| Shares Owned By Institutions | 0.07 % | ||||
| Number Of Shares Shorted | 9.65 K | ||||
| Price To Earning | (14.29) X | ||||
| Price To Book | 1.05 X | ||||
| Gross Profit | (4.6 K) | ||||
| EBITDA | (5.53 M) | ||||
| Net Income | (4.45 M) | ||||
| Cash And Equivalents | 1.17 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 269.44 K | ||||
| Debt To Equity | 295.80 % | ||||
| Current Ratio | 7.82 X | ||||
| Book Value Per Share | 0.20 X | ||||
| Cash Flow From Operations | (1.97 M) | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 0.83 | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 77.14 M | ||||
| Total Asset | 59.89 M | ||||
| Retained Earnings | (50.21 M) | ||||
| Working Capital | 28.66 M | ||||
| Net Asset | 59.89 M |
About FPX Nickel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FPX Nickel Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FPX Nickel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FPX Nickel 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.
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Additional Tools for FPX Stock Analysis
When running FPX Nickel's price analysis, check to measure FPX Nickel'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 FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.