Charter Communications Stock Short Ratio
| CHTR Stock | USD 264.70 1.61 0.60% |
Charter Communications fundamentals help investors to digest information that contributes to Charter Communications' financial success or failures. It also enables traders to predict the movement of Charter Stock. The fundamental analysis module provides a way to measure Charter Communications' 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 Charter Communications stock.
Charter | Short Ratio |
Charter Communications Company Short Ratio Analysis
Charter Communications' 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 Charter Communications Short Ratio | 7.55 X |
Most of Charter Communications' 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, Charter Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Charter Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Charter Communications is extremely important. It helps to project a fair market value of Charter Stock properly, considering its historical fundamentals such as Short Ratio. Since Charter Communications' 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 Charter Communications' 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 Charter Communications' 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 |
Charter Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, Charter Communications has a Short Ratio of 7.55 times. This is 9.15% lower than that of the Media sector and 51.61% higher than that of the Communication Services industry. The short ratio for all United States stocks is 88.75% lower than that of the firm.
Charter Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Charter Communications' 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 Charter Communications could also be used in its relative valuation, which is a method of valuing Charter Communications by comparing valuation metrics of similar companies.Charter Communications is currently under evaluation in short ratio category among related companies.
Charter Communications Current Valuation Drivers
We derive many important indicators used in calculating different scores of Charter Communications from analyzing Charter Communications' financial statements. These drivers represent accounts that assess Charter Communications' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Charter Communications' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 106.5B | 134.5B | 119.7B | 54.8B | 58.0B | 42.8B | |
| Enterprise Value | 183.3B | 216.3B | 210.7B | 151.7B | 155.1B | 85.9B |
Charter Communications 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, Charter Communications' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Charter Communications' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Charter Communications Institutional Holders
Institutional Holdings refers to the ownership stake in Charter Communications that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Charter Communications' 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 Charter Communications' value.| Shares | Veritas Asset Management Llp | 2023-12-31 | 1.8 M | Parnassus Investments, Llc | 2023-12-31 | 1.6 M | Fmr Inc | 2023-12-31 | 1.6 M | Capital World Investors | 2023-12-31 | 1.5 M | Pzena Investment Management, Llc | 2023-12-31 | 1.4 M | Franklin Resources Inc | 2023-12-31 | 1.4 M | Putnam Investments Llc | 2023-12-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.1 M | Northern Trust Corp | 2023-12-31 | 1 M | Dodge & Cox | 0030-12-31 | 8.4 M | Vanguard Group Inc | 2023-12-31 | 8.3 M |
Charter Fundamentals
| Return On Equity | 0.39 | |||
| Return On Asset | 0.0527 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.22 % | |||
| Current Valuation | 140.79 B | |||
| Shares Outstanding | 144.39 M | |||
| Shares Owned By Insiders | 33.25 % | |||
| Shares Owned By Institutions | 61.15 % | |||
| Number Of Shares Shorted | 11.41 M | |||
| Price To Earning | 12.50 X | |||
| Price To Book | 3.39 X | |||
| Price To Sales | 0.69 X | |||
| Revenue | 54.61 B | |||
| Gross Profit | 24.48 B | |||
| EBITDA | 20.64 B | |||
| Net Income | 5.26 B | |||
| Cash And Equivalents | 480 M | |||
| Cash Per Share | 3.08 X | |||
| Total Debt | 97.78 B | |||
| Debt To Equity | 7.88 % | |||
| Current Ratio | 0.32 X | |||
| Book Value Per Share | 75.03 X | |||
| Cash Flow From Operations | 14.43 B | |||
| Short Ratio | 7.55 X | |||
| Earnings Per Share | 29.99 X | |||
| Price To Earnings To Growth | 0.28 X | |||
| Target Price | 355.12 | |||
| Number Of Employees | 101.1 K | |||
| Beta | 0.95 | |||
| Market Capitalization | 38.45 B | |||
| Total Asset | 147.19 B | |||
| Retained Earnings | (12.26 B) | |||
| Working Capital | (9.08 B) | |||
| Current Asset | 345 M | |||
| Current Liabilities | 1.97 B | |||
| Net Asset | 147.19 B |
About Charter Communications Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Charter Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Charter Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Charter Communications 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 Charter Communications
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 Charter Communications 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 Charter Communications will appreciate offsetting losses from the drop in the long position's value.Moving together with Charter Stock
| 0.65 | DLPN | Dolphin Entertainment | PairCorr |
Moving against Charter Stock
| 0.8 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.72 | SE | Sea Financial Report 21st of May 2024 | PairCorr |
| 0.64 | NFLX | Netflix Financial Report 17th of July 2024 | PairCorr |
| 0.55 | IQ | iQIYI Inc Buyout Trend | PairCorr |
| 0.46 | CURIW | CuriosityStream | PairCorr |
The ability to find closely correlated positions to Charter Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Charter Communications 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 Charter Communications - 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 Charter Communications to buy it.
The correlation of Charter Communications 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 Charter Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Charter Communications 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 Charter Communications 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 Charter Communications Piotroski F Score and Charter Communications Altman Z Score analysis. To learn how to invest in Charter Stock, please use our How to Invest in Charter Communications guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Charter Stock analysis
When running Charter Communications' price analysis, check to measure Charter Communications' 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 Charter Communications is operating at the current time. Most of Charter Communications' value examination focuses on studying past and present price action to predict the probability of Charter Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charter Communications' price. Additionally, you may evaluate how the addition of Charter Communications to your portfolios can decrease your overall portfolio volatility.
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Is Charter Communications' 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 Charter Communications. If investors know Charter 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 Charter Communications 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 (0.08) | Earnings Share 29.99 | Revenue Per Share 365.979 | Quarterly Revenue Growth 0.003 | Return On Assets 0.0527 |
The market value of Charter Communications is measured differently than its book value, which is the value of Charter that is recorded on the company's balance sheet. Investors also form their own opinion of Charter Communications' value that differs from its market value or its book value, called intrinsic value, which is Charter Communications' 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 Charter Communications' market value can be influenced by many factors that don't directly affect Charter Communications' 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 Charter Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Charter Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Charter Communications' 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.