Cymat Technologies Stock Probability Of Bankruptcy
| CYMHF Stock | USD 0.13 0.00 0.00% |
Cymat |
Cymat Technologies OTC Stock chance of financial distress Analysis
Cymat Technologies' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Cymat Technologies Probability Of Bankruptcy | Less than 21% |
Most of Cymat Technologies' fundamental indicators, such as Probability Of Bankruptcy, 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, Cymat Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Cymat Technologies probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Cymat Technologies odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Cymat Technologies financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Cymat Technologies has a Probability Of Bankruptcy of 21.0%. This is 50.68% lower than that of the Metals & Mining sector and 36.79% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 47.28% higher than that of the company.
Cymat Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cymat Technologies' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Cymat Technologies could also be used in its relative valuation, which is a method of valuing Cymat Technologies by comparing valuation metrics of similar companies.Cymat Technologies is currently under evaluation in probability of bankruptcy category among related companies.
Cymat Fundamentals
| Return On Equity | -2.41 | |||
| Return On Asset | -0.55 | |||
| Profit Margin | (1.47) % | |||
| Operating Margin | (1.35) % | |||
| Current Valuation | 14.54 M | |||
| Shares Outstanding | 59.09 M | |||
| Shares Owned By Insiders | 6.28 % | |||
| Shares Owned By Institutions | 2.38 % | |||
| Price To Earning | (2.98) X | |||
| Price To Book | 9.24 X | |||
| Price To Sales | 5.26 X | |||
| Revenue | 3.12 M | |||
| Gross Profit | 795.48 K | |||
| EBITDA | (4.23 M) | |||
| Net Income | (4.75 M) | |||
| Cash And Equivalents | 2.21 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 123.93 K | |||
| Debt To Equity | 0.88 % | |||
| Current Ratio | 2.19 X | |||
| Book Value Per Share | 0.03 X | |||
| Cash Flow From Operations | (4.32 M) | |||
| Earnings Per Share | (0.06) X | |||
| Number Of Employees | 12 | |||
| Beta | 0.7 | |||
| Market Capitalization | 19.99 M | |||
| Total Asset | 6.17 M | |||
| Z Score | 96.6 | |||
| Net Asset | 6.17 M |
About Cymat Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cymat Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cymat Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cymat Technologies 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 Cymat Technologies
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 Cymat Technologies 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 Cymat Technologies will appreciate offsetting losses from the drop in the long position's value.Moving against Cymat OTC Stock
| 0.73 | CHKEZ | Chesapeake Energy | PairCorr |
| 0.72 | CHKEL | Chesapeake Energy | PairCorr |
| 0.72 | PIFMF | PT Indofood Sukses | PairCorr |
| 0.62 | PCTTW | PureCycle Technologies | PairCorr |
| 0.48 | GCMGW | GCM Grosvenor | PairCorr |
The ability to find closely correlated positions to Cymat Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cymat Technologies 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 Cymat Technologies - 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 Cymat Technologies to buy it.
The correlation of Cymat Technologies 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 Cymat Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cymat Technologies 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 Cymat Technologies 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 Cymat Technologies. 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 rate. Note that the Cymat Technologies information on this page should be used as a complementary analysis to other Cymat Technologies' 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Cymat OTC Stock analysis
When running Cymat Technologies' price analysis, check to measure Cymat Technologies' 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 Cymat Technologies is operating at the current time. Most of Cymat Technologies' value examination focuses on studying past and present price action to predict the probability of Cymat Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cymat Technologies' price. Additionally, you may evaluate how the addition of Cymat Technologies to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |