Atlas Mara Limited Stock Z Score
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Mara Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Atlas |
Atlas Mara Limited Company Z Score Analysis
Atlas Mara's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
| |||||||
| |||||||
| |||||||
| |||||||
|
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
In accordance with the company's disclosures, Atlas Mara Limited has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and about the same as Banks—Regional (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Did you try this?
Run ETFs Now
ETFsFind actively traded Exchange Traded Funds (ETF) from around the world |
| All Next | Launch Module |
Atlas Fundamentals
| Return On Equity | -0.04 | |||
| Return On Asset | -0.0075 | |||
| Profit Margin | (0.74) % | |||
| Operating Margin | (0.36) % | |||
| Current Valuation | 359.38 M | |||
| Shares Outstanding | 147.96 M | |||
| Shares Owned By Insiders | 53.43 % | |||
| Shares Owned By Institutions | 13.08 % | |||
| Price To Earning | 4.78 X | |||
| Price To Book | 0.05 X | |||
| Price To Sales | 0.21 X | |||
| Revenue | 67.54 M | |||
| Gross Profit | 67.54 M | |||
| Net Income | (50.23 M) | |||
| Cash And Equivalents | 162.14 M | |||
| Cash Per Share | 1.12 X | |||
| Total Debt | 420.89 M | |||
| Debt To Equity | 0.45 % | |||
| Current Ratio | 2.96 X | |||
| Book Value Per Share | 1.90 X | |||
| Cash Flow From Operations | 109.32 M | |||
| Earnings Per Share | (0.30) X | |||
| Number Of Employees | 5.1 K | |||
| Beta | 0.86 | |||
| Market Capitalization | 147 | |||
| Total Asset | 2.83 B | |||
| Working Capital | (1.24 B) | |||
| Current Asset | 563 M | |||
| Current Liabilities | 1.81 B |
About Atlas Mara Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Atlas Mara Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlas Mara using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlas Mara Limited 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 Atlas Mara
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 Atlas Mara 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 Atlas Mara will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Atlas Mara could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlas Mara 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 Atlas Mara - 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 Atlas Mara Limited to buy it.
The correlation of Atlas Mara 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 Atlas Mara moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlas Mara Limited 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 Atlas Mara 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Mara Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Atlas Mara Limited information on this page should be used as a complementary analysis to other Atlas Mara's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Atlas Pink Sheet analysis
When running Atlas Mara's price analysis, check to measure Atlas Mara'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 Atlas Mara is operating at the current time. Most of Atlas Mara's value examination focuses on studying past and present price action to predict the probability of Atlas Mara's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Mara's price. Additionally, you may evaluate how the addition of Atlas Mara to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |