Eni Spa Stock Z Score
| EIPAF Stock | USD 15.08 1.01 6.28% |
Eni SpA fundamentals help investors to digest information that contributes to Eni SpA's financial success or failures. It also enables traders to predict the movement of Eni Pink Sheet. The fundamental analysis module provides a way to measure Eni SpA'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 Eni SpA pink sheet.
Eni |
Eni SpA Company Z Score Analysis
Eni SpA'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..
Current Eni SpA Z Score | 1.2 |
Most of Eni SpA's fundamental indicators, such as Z Score, 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, Eni SpA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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.
| Competition |
According to the company's disclosures, Eni SpA has a Z Score of 1.2. This is 46.19% lower than that of the Energy sector and 81.74% lower than that of the Oil & Gas Integrated industry. The z score for all United States stocks is 86.24% higher than that of the company.
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Eni Fundamentals
| Return On Equity | 0.34 | |||
| Return On Asset | 0.0988 | |||
| Profit Margin | 0.13 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 62.66 B | |||
| Shares Outstanding | 3.35 B | |||
| Shares Owned By Insiders | 30.59 % | |||
| Shares Owned By Institutions | 19.34 % | |||
| Price To Earning | 3.50 X | |||
| Price To Book | 0.82 X | |||
| Price To Sales | 0.40 X | |||
| Revenue | 76.57 B | |||
| Gross Profit | 22.6 B | |||
| EBITDA | 22.38 B | |||
| Net Income | 5.82 B | |||
| Cash And Equivalents | 17.2 B | |||
| Cash Per Share | 4.88 X | |||
| Total Debt | 23.71 B | |||
| Debt To Equity | 0.63 % | |||
| Current Ratio | 1.30 X | |||
| Book Value Per Share | 16.45 X | |||
| Cash Flow From Operations | 12.86 B | |||
| Earnings Per Share | 5.06 X | |||
| Price To Earnings To Growth | 1.90 X | |||
| Number Of Employees | 32.69 K | |||
| Beta | 1.16 | |||
| Market Capitalization | 51.42 B | |||
| Total Asset | 138.05 B | |||
| Retained Earnings | (3.24 B) | |||
| Working Capital | 13.9 B | |||
| Current Asset | 37.49 B | |||
| Current Liabilities | 23.59 B | |||
| Z Score | 1.2 | |||
| Annual Yield | 0.06 % | |||
| Five Year Return | 5.65 % | |||
| Net Asset | 138.05 B | |||
| Last Dividend Paid | 0.65 |
About Eni SpA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Eni SpA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eni SpA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eni SpA 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.
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 Eni SpA 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, Eni SpA's short interest history, or implied volatility extrapolated from Eni SpA options trading.
Pair Trading with Eni SpA
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 Eni SpA 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 Eni SpA will appreciate offsetting losses from the drop in the long position's value.Moving against Eni Pink Sheet
| 0.48 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.47 | PG | Procter Gamble Financial Report 26th of July 2024 | PairCorr |
The ability to find closely correlated positions to Eni SpA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eni SpA 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 Eni SpA - 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 Eni SpA to buy it.
The correlation of Eni SpA 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 Eni SpA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eni SpA 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 Eni SpA 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eni SpA. 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 Eni SpA information on this page should be used as a complementary analysis to other Eni SpA'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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Eni Pink Sheet analysis
When running Eni SpA's price analysis, check to measure Eni SpA'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 Eni SpA is operating at the current time. Most of Eni SpA's value examination focuses on studying past and present price action to predict the probability of Eni SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eni SpA's price. Additionally, you may evaluate how the addition of Eni SpA to your portfolios can decrease your overall portfolio volatility.
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