Aaon Fundamentals

AAON
 Stock
  

USD 54.07  0.46  0.84%   

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.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  

Aaon Number of Shares Shorted Analysis

Aaon's Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Shares Shorted 
 = 
Shorted by Public 
by Institutions 
More About Number of Shares Shorted | All Equity Analysis

Current Aaon Number of Shares Shorted

    
  1.01 M  
Most of Aaon's fundamental indicators, such as Number of Shares Shorted, 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.
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Compare to competition

Based on the recorded statements, Aaon Inc has 1.01 M of outstending shares currently sold short by investors. This is 67.49% lower than that of the Industrials sector and significantly higher than that of the Building Products & Equipment industry. The number of shares shorted for all United States stocks is 78.54% higher than that of the company.

Aaon Inc Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Aaon's current stock value. Our valuation model uses many indicators to compare Aaon value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Aaon competition to find correlations between indicators driving Aaon's intrinsic value. More Info.
Aaon Inc is number one stock in net income category among related companies. It is the top company in revenue category among related companies totaling about  9.95  of Revenue per Net Income. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Aaon by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Aaon's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Aaon's earnings, one of the primary drivers of an investment's value.

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.
Security TypeSharesValue
Blackrock IncCommon Shares6.4 M352 M
Vanguard Group IncCommon Shares4.5 M247.7 M
Kayne Anderson Rudnick Investment Management LlcCommon Shares3.7 M200.1 M
Conestoga Capital Advisors LlcCommon Shares2.5 M139.2 M
Neuberger Berman Group LlcCommon Shares2.4 M129.3 M
State Street CorpCommon Shares1.4 M78 M
Dimensional Fund Advisors LpCommon Shares1.3 M73.6 M

Aaon Fundamentals

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, Inc., together with its subsidiaries, engages in engineering, manufacturing, marketing, and selling air conditioning and heating equipment in the United States and Canada. The company was incorporated in 1987 and is based in Tulsa, Oklahoma. Aaon operates under Building Products Equipment classification in the United States and is traded on NASDAQ Exchange. It employs 2881 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aaon without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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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

+0.82JCIJohnson Controls Intl Fiscal Year End 4th of November 2022 PairCorr
+0.76FDSFactset Research Systems Fiscal Year End 27th of September 2022 PairCorr
+0.83DISWalt Disney Fiscal Year End 9th of November 2022 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 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 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.
Pair CorrelationCorrelation Matching
Please continue to Aaon Piotroski F Score and Aaon Altman Z Score analysis. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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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.
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 Aaon value 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.