Clover Health Inv Stock Z Score
7QD Stock | 0.75 0.03 3.85% |
CLOVER |
CLOVER HEALTH INV Company Z Score Analysis
CLOVER HEALTH'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.
Competition |
In accordance with the company's disclosures, CLOVER HEALTH INV has a Z Score of 0.0. This is 100.0% lower than that of the Healthcare sector and about the same as Healthcare Plans (which currently averages 0.0) industry. The z score for all Germany stocks is 100.0% higher than that of the company.
CLOVER Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CLOVER HEALTH's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CLOVER HEALTH could also be used in its relative valuation, which is a method of valuing CLOVER HEALTH by comparing valuation metrics of similar companies.CLOVER HEALTH is currently under evaluation in z score category among related companies.
CLOVER Fundamentals
Return On Equity | -1.1 | |||
Return On Asset | -0.22 | |||
Profit Margin | (0.15) % | |||
Operating Margin | (0.14) % | |||
Shares Outstanding | 383.55 M | |||
Shares Owned By Insiders | 13.15 % | |||
Shares Owned By Institutions | 32.44 % | |||
Revenue | 3.04 B | |||
Gross Profit | (189.81 M) | |||
EBITDA | (437.49 M) | |||
Book Value Per Share | 0.82 X | |||
Earnings Per Share | (1.34) X | |||
Target Price | 9.0 | |||
Number Of Employees | 680 | |||
Beta | 1.93 | |||
Market Capitalization | 548.87 M |
About CLOVER HEALTH Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CLOVER HEALTH INV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CLOVER HEALTH using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CLOVER HEALTH INV 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.
Thematic Opportunities
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Complementary Tools for CLOVER Stock analysis
When running CLOVER HEALTH's price analysis, check to measure CLOVER HEALTH'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 CLOVER HEALTH is operating at the current time. Most of CLOVER HEALTH's value examination focuses on studying past and present price action to predict the probability of CLOVER HEALTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLOVER HEALTH's price. Additionally, you may evaluate how the addition of CLOVER HEALTH to your portfolios can decrease your overall portfolio volatility.
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