Baker Hughes Co Stock Short Ratio
| BKR Stock | USD 32.67 0.33 1.00% |
Baker Hughes Co fundamentals help investors to digest information that contributes to Baker Hughes' financial success or failures. It also enables traders to predict the movement of Baker Stock. The fundamental analysis module provides a way to measure Baker Hughes' 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 Baker Hughes stock.
Baker | Short Ratio |
Baker Hughes Co Company Short Ratio Analysis
Baker Hughes' 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 Baker Hughes Short Ratio | 3.04 X |
Most of Baker Hughes' 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, Baker Hughes Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Baker Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Baker Hughes is extremely important. It helps to project a fair market value of Baker Stock properly, considering its historical fundamentals such as Short Ratio. Since Baker Hughes' 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 Baker Hughes' 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 Baker Hughes' 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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Baker Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Baker Hughes Co has a Short Ratio of 3.04 times. This is 40.86% lower than that of the Energy Equipment & Services sector and 44.83% lower than that of the Energy industry. The short ratio for all United States stocks is 24.0% higher than that of the company.
Baker Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Baker Hughes' 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 Baker Hughes could also be used in its relative valuation, which is a method of valuing Baker Hughes by comparing valuation metrics of similar companies.Baker Hughes is currently under evaluation in short ratio category among related companies.
Baker Hughes Institutional Holders
Institutional Holdings refers to the ownership stake in Baker Hughes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Baker Hughes' 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 Baker Hughes' value.| Shares | Norges Bank | 2023-12-31 | 16.1 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 13.2 M | Goldman Sachs Group Inc | 2023-12-31 | 11.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 11.3 M | Bank Of New York Mellon Corp | 2023-12-31 | 10.1 M | Amvescap Plc. | 2023-12-31 | 9.7 M | Alliancebernstein L.p. | 2023-12-31 | 9.5 M | Northern Trust Corp | 2023-12-31 | 9.4 M | Legal & General Group Plc | 2023-12-31 | 8.7 M | Vanguard Group Inc | 2023-12-31 | 121.9 M | Blackrock Inc | 2023-12-31 | 98.4 M |
Baker Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0465 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 37.32 B | ||||
| Shares Outstanding | 997.5 M | ||||
| Shares Owned By Insiders | 0.14 % | ||||
| Shares Owned By Institutions | 97.90 % | ||||
| Number Of Shares Shorted | 25.2 M | ||||
| Price To Earning | 158.33 X | ||||
| Price To Book | 2.15 X | ||||
| Price To Sales | 1.30 X | ||||
| Revenue | 25.51 B | ||||
| Gross Profit | 4.43 B | ||||
| EBITDA | 2.32 B | ||||
| Net Income | 1.97 B | ||||
| Cash And Equivalents | 3.7 B | ||||
| Cash Per Share | 3.69 X | ||||
| Total Debt | 6.02 B | ||||
| Debt To Equity | 0.46 % | ||||
| Current Ratio | 1.51 X | ||||
| Book Value Per Share | 15.40 X | ||||
| Cash Flow From Operations | 3.06 B | ||||
| Short Ratio | 3.04 X | ||||
| Earnings Per Share | 1.91 X | ||||
| Price To Earnings To Growth | 0.96 X | ||||
| Target Price | 40.65 | ||||
| Number Of Employees | 58 K | ||||
| Beta | 1.45 | ||||
| Market Capitalization | 33.15 B | ||||
| Total Asset | 36.95 B | ||||
| Retained Earnings | (8.82 B) | ||||
| Working Capital | 3.31 B | ||||
| Current Asset | 252.52 M | ||||
| Current Liabilities | 125.54 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.04 % | ||||
| Net Asset | 36.95 B | ||||
| Last Dividend Paid | 0.78 |
About Baker Hughes Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Baker Hughes Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baker Hughes using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baker Hughes Co 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.
Baker Hughes Investors Sentiment
The influence of Baker Hughes' 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 Baker. 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 Baker Hughes' public news can be used to forecast risks associated with an investment in Baker. The trend in average sentiment can be used to explain how an investor holding Baker can time the market purely based on public headlines and social activities around Baker Hughes Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Baker Hughes' 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 Baker Hughes' 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 Baker Hughes' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Baker Hughes.
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 Baker Hughes 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, Baker Hughes' short interest history, or implied volatility extrapolated from Baker Hughes options trading.
Pair Trading with Baker Hughes
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 Baker Hughes 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 Baker Hughes will appreciate offsetting losses from the drop in the long position's value.Moving together with Baker Stock
| 0.94 | NR | Newpark Resources Financial Report 7th of May 2024 | PairCorr |
| 0.89 | TS | Tenaris SA ADR Earnings Call Tomorrow | PairCorr |
| 0.76 | DNOW | Now Inc Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Baker Hughes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baker Hughes 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 Baker Hughes - 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 Baker Hughes Co to buy it.
The correlation of Baker Hughes 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 Baker Hughes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baker Hughes 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 Baker Hughes 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 Baker Hughes Piotroski F Score and Baker Hughes Altman Z Score analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Baker Stock analysis
When running Baker Hughes' price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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Is Baker Hughes' 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 Baker Hughes. If investors know Baker 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 Baker Hughes 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 1.366 | Dividend Share 0.78 | Earnings Share 1.91 | Revenue Per Share 25.304 | Quarterly Revenue Growth 0.157 |
The market value of Baker Hughes is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' 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 Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' 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 Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Baker Hughes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' 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.