Amada Co Stock Z Score
| AMDLY Stock | USD 44.54 0.00 0.00% |
Amada |
Amada Co OTC Stock Z Score Analysis
Amada Co'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..
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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.
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In accordance with the company's disclosures, Amada Co has a Z Score of 0.0. This indicator is about the same for the average (which is currently at 0.0) sector and about the same as Z Score (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Amada Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Amada Co's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Amada Co could also be used in its relative valuation, which is a method of valuing Amada Co by comparing valuation metrics of similar companies.Amada is currently under evaluation in z score category among related companies.
Amada Fundamentals
| Return On Equity | 0.0663 | |||
| Return On Asset | 0.0501 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.14 % | |||
| Current Valuation | (86.98 B) | |||
| Shares Outstanding | 365.81 M | |||
| Price To Earning | 13.76 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 354.4 B | |||
| Gross Profit | 133.64 B | |||
| EBITDA | 66.39 B | |||
| Net Income | 27.77 B | |||
| Cash And Equivalents | 129.32 B | |||
| Total Debt | 7.25 B | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 3.29 X | |||
| Book Value Per Share | 5,645 X | |||
| Cash Flow From Operations | 56.87 B | |||
| Earnings Per Share | 2.34 X | |||
| Number Of Employees | 8.77 K | |||
| Beta | 1.17 | |||
| Market Capitalization | 3.01 B | |||
| Annual Yield | 0.03 % | |||
| Last Dividend Paid | 21.0 |
About Amada Co Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amada Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amada Co using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amada Co based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Amada Co
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 Amada Co 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 Amada Co will appreciate offsetting losses from the drop in the long position's value.Moving together with Amada OTC Stock
| 0.87 | NVDA | NVIDIA Buyout Trend | PairCorr |
| 0.69 | AMZN | Amazon Inc Aggressive Push | PairCorr |
Moving against Amada OTC Stock
| 0.78 | AAPL | Apple Inc Earnings Call This Week | PairCorr |
| 0.56 | MSB | Mesabi Trust | PairCorr |
| 0.56 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.45 | MCD | McDonalds Financial Report 25th of July 2024 | PairCorr |
The ability to find closely correlated positions to Amada Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amada Co 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 Amada Co - 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 Amada Co to buy it.
The correlation of Amada Co 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 Amada Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amada Co 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 Amada Co 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 Amada Co. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Amada OTC Stock analysis
When running Amada Co's price analysis, check to measure Amada Co'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 Amada Co is operating at the current time. Most of Amada Co's value examination focuses on studying past and present price action to predict the probability of Amada Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amada Co's price. Additionally, you may evaluate how the addition of Amada Co to your portfolios can decrease your overall portfolio volatility.
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