Airgain Short Ratio

AIRG
 Stock
  

USD 7.71  0.25  3.14%   

Airgain fundamentals help investors to digest information that contributes to Airgain's financial success or failures. It also enables traders to predict the movement of Airgain Stock. The fundamental analysis module provides a way to measure Airgain'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 Airgain stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Airgain Short Ratio Analysis

Airgain'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.
 2021 2022 (projected)
Interest Expense35.65 K36.59 K
Gross Profit24.61 M24.86 M
Short Ratio 
 = 
Short Interest 
Average Trading Volume 
More About Short Ratio | All Equity Analysis

Current Airgain Short Ratio

    
  5.00 X  
Most of Airgain'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, Airgain is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Airgain Short Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Airgain is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Short Ratio. Since Airgain'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 Airgain'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 Airgain's interrelated accounts and indicators.
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.
Compare to competition

Airgain Net Cash Flow from Operations

Net Cash Flow from Operations

(11.46 Million)

Airgain Net Cash Flow from Operations is projected to decrease significantly based on the last few years of reporting. The past year's Net Cash Flow from Operations was at (11.17 Million)
Based on the latest financial disclosure, Airgain has a Short Ratio of 5.0 times. This is 3.09% higher than that of the Technology sector and 21.01% lower than that of the Communication Equipment industry. The short ratio for all United States stocks is 25.0% lower than that of the firm.

Airgain Short Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Airgain'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 Airgain could also be used in its relative valuation, which is a method of valuing Airgain by comparing valuation metrics of similar companies.
Airgain is currently under evaluation in short ratio category among related companies.

Airgain Current Valuation Drivers

We derive many important indicators used in calculating different scores of Airgain from analyzing Airgain's financial statements. These drivers represent accounts that assess Airgain's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Airgain's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee12.4 K(21.9 K)7.35 K(25.35 K)(69.57 K)(71.4 K)
Revenue Per Employee538.27 K513.77 K442.37 K374.96 K443.26 K588.5 K
Average Assets55.87 M52.02 M54.58 M53.21 M69.02 M63.82 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.99 M(1.77 M)1.53 M(2.07 M)(8.66 M)(8.89 M)
Earnings Before Interest Taxes and Depreciation Amortization USD2.28 M(1.19 M)2.24 M(1.91 M)(8.59 M)(8.81 M)
Earnings before Tax1.17 M(2.48 M)1.09 M(3.01 M)(12.14 M)(12.46 M)
Average Equity46.04 M44.17 M47.3 M47.45 M47.98 M41.56 M
Enterprise Value69.61 M85.52 M90.79 M137.88 M91.5 M103.23 M
Free Cash Flow(518 K)387 K1.15 M2.98 M(11.91 M)(12.22 M)
Invested Capital24.05 M23.62 M27.27 M3.03 M9.98 M11.9 M
Invested Capital Average13.07 M22.7 M26.82 M9.26 M10.46 M12.56 M
Market Capitalization86.11 M98.25 M103.66 M173.67 M107.31 M121.92 M
Tangible Asset Value47.47 M44.76 M47.23 M48.06 M41.32 M43.44 M
Working Capital36.35 M35.57 M38.33 M38.58 M15.6 M23.5 M

Airgain Institutional Holders

Institutional Holdings refers to the ownership stake in Airgain that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Airgain'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 Airgain's value.
Security TypeSharesValue
Your Advocates Ltd LlpCommon Shares100.01000
Your Advocates Ltd LlpCommon Shares100.01000
Your Advocates Ltd LlpCommon Shares100.01000
Your Advocates Ltd LlpCommon Shares100.01000
Your Advocates Ltd LlpCommon Shares100.0K
Your Advocates Ltd LlpCommon Shares100.0K
Worth Venture Partners LlcCommon Shares180.3 K1.5 M

Airgain Fundamentals

About Airgain Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Airgain's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Airgain using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Airgain 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.
Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, vertical markets, chipset vendors, service providers, value-added resellers and software developers worldwide. The companys products include MaxBeam embedded antennas profile embedded antennas profile contour embedded antennas ultra-embedded antennas SmartMax embedded antennas and MaxBeam carrier class antennas, as well as automotive, fleet, public safety, and machine-to-machine antennas under the Antenna Plus brand. It provides embedded antenna technologies to enable high performance wireless networking in a range of devices and markets, including consumer, enterprise, and automotive. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was incorporated in 1995 and is headquartered in San Diego, California.

Airgain Investors Sentiment

The influence of Airgain'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 Airgain. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Airgain's public news can be used to forecast risks associated with investment in Airgain. The trend in average sentiment can be used to explain how an investor holding Airgain can time the market purely based on public headlines and social activities around Airgain. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Airgain'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 Airgain'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 Airgain's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Airgain.
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 Airgain 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, Airgain's short interest history, or implied volatility extrapolated from Airgain options trading.

Pair Trading with Airgain

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 Airgain 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 Airgain will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Airgain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airgain 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 Airgain - 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 Airgain to buy it.
The correlation of Airgain is a statistical measure of how it moves in relation to other equities. 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 Airgain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airgain 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 Airgain 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.
Pair CorrelationCorrelation Matching
Please continue to Airgain Piotroski F Score and Airgain Altman Z Score analysis. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Airgain'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 Airgain. If investors know Airgain 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 Airgain 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 YOY
(1.00) 
Market Capitalization
82.3 M
Quarterly Revenue Growth YOY
0.24
Return On Assets
(0.1) 
Return On Equity
(0.22) 
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine Airgain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.