Aaon Inc Stock Short Ratio
| AAON Stock | USD 88.56 1.83 2.11% |
AAON Inc fundamentals help investors to digest information that contributes to AAON's financial success or failures. It also enables traders to predict the movement of AAON Stock. The fundamental analysis module provides a way to measure AAON'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 AAON stock.
AAON | Short Ratio |
AAON Inc Company Short Ratio Analysis
AAON'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 AAON Short Ratio | 5.12 X |
Most of AAON'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, AAON Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
AAON Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for AAON is extremely important. It helps to project a fair market value of AAON Stock properly, considering its historical fundamentals such as Short Ratio. Since AAON'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 AAON'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 AAON'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 |
AAON Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, AAON Inc has a Short Ratio of 5.12 times. This is 2.29% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The short ratio for all United States stocks is 28.0% lower than that of the firm.
AAON Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AAON'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 AAON could also be used in its relative valuation, which is a method of valuing AAON by comparing valuation metrics of similar companies.AAON is currently under evaluation in short ratio category among related companies.
AAON Current Valuation Drivers
We derive many important indicators used in calculating different scores of AAON from analyzing AAON's financial statements. These drivers represent accounts that assess AAON's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of AAON's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.6B | 3.5B | 4.2B | 4.0B | 6.0B | 6.3B | |
| Enterprise Value | 2.6B | 3.4B | 4.2B | 4.1B | 6.0B | 6.4B |
AAON Institutional Holders
Institutional Holdings refers to the ownership stake in AAON that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AAON'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 AAON's value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 1.5 M | Goldman Sachs Group Inc | 2023-12-31 | 1.2 M | Wasatch Advisors Lp | 2023-12-31 | 1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 837.8 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 822.5 K | Northern Trust Corp | 2023-12-31 | 803.8 K | Bank Of Oklahoma National Association | 2023-12-31 | 668.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 612.4 K | Norges Bank | 2023-12-31 | 593.4 K | Blackrock Inc | 2023-12-31 | 10.3 M | Vanguard Group Inc | 2023-12-31 | 7.2 M |
AAON Fundamentals
| Return On Equity | 0.27 | ||||
| Return On Asset | 0.17 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 7.11 B | ||||
| Shares Outstanding | 82.1 M | ||||
| Shares Owned By Insiders | 17.24 % | ||||
| Shares Owned By Institutions | 72.27 % | ||||
| Number Of Shares Shorted | 2.42 M | ||||
| Price To Earning | 52.72 X | ||||
| Price To Book | 9.83 X | ||||
| Price To Sales | 6.18 X | ||||
| Revenue | 1.17 B | ||||
| Gross Profit | 237.57 M | ||||
| EBITDA | 274.27 M | ||||
| Net Income | 177.62 M | ||||
| Cash And Equivalents | 17.65 M | ||||
| Cash Per Share | 0.33 X | ||||
| Total Debt | 62.74 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 2.40 X | ||||
| Book Value Per Share | 9.02 X | ||||
| Cash Flow From Operations | 158.5 M | ||||
| Short Ratio | 5.12 X | ||||
| Earnings Per Share | 2.13 X | ||||
| Price To Earnings To Growth | 2.87 X | ||||
| Target Price | 95.67 | ||||
| Number Of Employees | 3.86 K | ||||
| Beta | 0.91 | ||||
| Market Capitalization | 7.12 B | ||||
| Total Asset | 983.8 M | ||||
| Retained Earnings | 612.84 M | ||||
| Working Capital | 282.2 M | ||||
| Current Asset | 124.21 M | ||||
| Current Liabilities | 43.41 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.66 % | ||||
| Net Asset | 983.8 M | ||||
| Last Dividend Paid | 0.32 |
About AAON Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AAON Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AAON using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AAON Inc 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.
AAON Investors Sentiment
The influence of AAON's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AAON. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AAON's public news can be used to forecast risks associated with an investment in AAON. The trend in average sentiment can be used to explain how an investor holding AAON can time the market purely based on public headlines and social activities around AAON Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AAON's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AAON's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AAON's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AAON.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AAON in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AAON's short interest history, or implied volatility extrapolated from AAON options trading.
Pair Trading with AAON
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 AAON 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 AAON will appreciate offsetting losses from the drop in the long position's value.Moving together with AAON Stock
| 0.86 | NX | Quanex Building Products Financial Report 6th of June 2024 | PairCorr |
| 0.9 | TT | Trane Technologies plc Earnings Call This Week | PairCorr |
| 0.9 | DOOR | Masonite International Financial Report 13th of May 2024 | PairCorr |
| 0.67 | VKSC | Viskase Companies | PairCorr |
The ability to find closely correlated positions to AAON could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AAON 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 AAON - 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 AAON Inc to buy it.
The correlation of AAON 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 AAON moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AAON Inc 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 AAON 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 AAON Piotroski F Score and AAON Altman Z Score analysis. 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 AAON Stock analysis
When running AAON's price analysis, check to measure AAON'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 AAON is operating at the current time. Most of AAON's value examination focuses on studying past and present price action to predict the probability of AAON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAON's price. Additionally, you may evaluate how the addition of AAON to your portfolios can decrease your overall portfolio volatility.
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Is AAON'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 AAON. If investors know AAON 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 AAON listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.69) | Dividend Share 0.32 | Earnings Share 2.13 | Revenue Per Share 14.398 | Quarterly Revenue Growth 0.168 |
The market value of AAON Inc is measured differently than its book value, which is the value of AAON that is recorded on the company's balance sheet. Investors also form their own opinion of AAON's value that differs from its market value or its book value, called intrinsic value, which is AAON'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 AAON's market value can be influenced by many factors that don't directly affect AAON'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 AAON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAON'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.