Essa Pharma Stock Short Ratio
| EPIX Stock | USD 6.20 0.04 0.64% |
ESSA Pharma fundamentals help investors to digest information that contributes to ESSA Pharma's financial success or failures. It also enables traders to predict the movement of ESSA Stock. The fundamental analysis module provides a way to measure ESSA Pharma'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 ESSA Pharma stock.
ESSA | Short Ratio |
ESSA Pharma Company Short Ratio Analysis
ESSA Pharma'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 ESSA Pharma Short Ratio | 14.11 X |
Most of ESSA Pharma'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, ESSA Pharma is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
ESSA Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for ESSA Pharma is extremely important. It helps to project a fair market value of ESSA Stock properly, considering its historical fundamentals such as Short Ratio. Since ESSA Pharma'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 ESSA Pharma'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 ESSA Pharma'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.
| Competition |
Based on the latest financial disclosure, ESSA Pharma has a Short Ratio of 14.11 times. This is 261.79% higher than that of the Biotechnology sector and 90.42% higher than that of the Health Care industry. The short ratio for all United States stocks is notably lower than that of the firm.
ESSA Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ESSA Pharma'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 ESSA Pharma could also be used in its relative valuation, which is a method of valuing ESSA Pharma by comparing valuation metrics of similar companies.ESSA Pharma is currently under evaluation in short ratio category among related companies.
ESSA Pharma Current Valuation Drivers
We derive many important indicators used in calculating different scores of ESSA Pharma from analyzing ESSA Pharma's financial statements. These drivers represent accounts that assess ESSA Pharma's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ESSA Pharma's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 28.4M | 154.9M | 80.1M | 136.2M | 122.6M | 128.7M | |
| Enterprise Value | (21.2M) | 98.6M | 23.3M | 102.6M | 92.4M | 97.0M |
ESSA Pharma ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, ESSA Pharma's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to ESSA Pharma's managers, analysts, and investors.Environmental | Governance | Social |
ESSA Pharma Institutional Holders
Institutional Holdings refers to the ownership stake in ESSA Pharma that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ESSA Pharma's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ESSA Pharma's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 26.9 K | Renaissance Technologies Corp | 2023-12-31 | 24.2 K | American Century Companies Inc | 2023-12-31 | 20 K | Privium Fund Management (uk) Ltd | 2023-12-31 | 20 K | Group One Trading, Lp | 2023-12-31 | 11.2 K | Blackrock Inc | 2023-12-31 | 7.7 K | Advisor Group Holdings, Inc. | 2023-12-31 | 6 K | Ubs Group Ag | 2023-12-31 | 4.9 K | Simplex Trading, Llc | 2024-03-31 | 4.3 K | Bellevue Group Ag | 2023-12-31 | 7.9 M | Soleus Capital Management, L.p. | 2023-12-31 | 4.3 M |
ESSA Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.14 | ||||
| Current Valuation | 141.29 M | ||||
| Shares Outstanding | 44.36 M | ||||
| Shares Owned By Insiders | 2.20 % | ||||
| Shares Owned By Institutions | 79.04 % | ||||
| Number Of Shares Shorted | 926.45 K | ||||
| Price To Earning | (1.12) X | ||||
| Price To Book | 2.48 X | ||||
| EBITDA | (26.46 M) | ||||
| Net Income | (26.58 M) | ||||
| Cash And Equivalents | 174.6 M | ||||
| Cash Per Share | 3.96 X | ||||
| Total Debt | 80.33 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 43.43 X | ||||
| Book Value Per Share | 3.01 X | ||||
| Cash Flow From Operations | (19.78 M) | ||||
| Short Ratio | 14.11 X | ||||
| Earnings Per Share | (0.63) X | ||||
| Target Price | 19.0 | ||||
| Number Of Employees | 50 | ||||
| Beta | 1.76 | ||||
| Market Capitalization | 276.83 M | ||||
| Total Asset | 149.12 M | ||||
| Retained Earnings | (179.46 M) | ||||
| Working Capital | 145.3 M | ||||
| Current Asset | 10.02 M | ||||
| Current Liabilities | 3.63 M | ||||
| Net Asset | 149.12 M |
About ESSA Pharma Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ESSA Pharma's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ESSA Pharma using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ESSA Pharma 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether ESSA Pharma offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ESSA Pharma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Essa Pharma Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Essa Pharma Stock:Check out ESSA Pharma Piotroski F Score and ESSA Pharma Altman Z Score analysis. For more information on how to buy ESSA Stock please use our How to Invest in ESSA Pharma guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for ESSA Stock analysis
When running ESSA Pharma's price analysis, check to measure ESSA Pharma'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 ESSA Pharma is operating at the current time. Most of ESSA Pharma's value examination focuses on studying past and present price action to predict the probability of ESSA Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ESSA Pharma's price. Additionally, you may evaluate how the addition of ESSA Pharma to your portfolios can decrease your overall portfolio volatility.
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Is ESSA Pharma's industry 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 ESSA Pharma. If investors know ESSA 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 ESSA Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.63) | Return On Assets (0.14) | Return On Equity (0.19) |
The market value of ESSA Pharma is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Pharma's value that differs from its market value or its book value, called intrinsic value, which is ESSA Pharma'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 ESSA Pharma's market value can be influenced by many factors that don't directly affect ESSA Pharma'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 ESSA Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Pharma'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.