Acco Brands Stock Probability Of Bankruptcy
| A3B Stock | EUR 4.66 0.08 1.69% |
ACCO |
ACCO BRANDS Company probability of distress Analysis
ACCO BRANDS's 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 ACCO BRANDS Probability Of Bankruptcy | Over 69% |
Most of ACCO BRANDS's 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, ACCO BRANDS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ACCO BRANDS 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 ACCO BRANDS 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 ACCO BRANDS 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, ACCO BRANDS has a Probability Of Bankruptcy of 69%. This is much higher than that of the sector and significantly higher than that of the Other industry. The probability of bankruptcy for all Germany stocks is notably lower than that of the firm.
ACCO Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ACCO BRANDS's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ACCO BRANDS could also be used in its relative valuation, which is a method of valuing ACCO BRANDS by comparing valuation metrics of similar companies.ACCO BRANDS is currently under evaluation in probability of bankruptcy category among related companies.
ACCO Fundamentals
| Current Valuation | 1.54 B | |||
| Price To Book | 0.69 X | |||
| Price To Sales | 0.27 X | |||
| Revenue | 1.95 B | |||
| EBITDA | 139.9 M | |||
| Net Income | (13.2 M) | |||
| Total Debt | 936.5 M | |||
| Cash Flow From Operations | 77.6 M | |||
| Price To Earnings To Growth | 0.43 X | |||
| Number Of Employees | 27 | |||
| Market Capitalization | 697.63 M | |||
| Total Asset | 2.79 B | |||
| Annual Yield | 0.04 % | |||
| Net Asset | 2.79 B | |||
| Last Dividend Paid | 0.06 |
About ACCO BRANDS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ACCO BRANDS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ACCO BRANDS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ACCO BRANDS 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 ACCO BRANDS 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, ACCO BRANDS's short interest history, or implied volatility extrapolated from ACCO BRANDS options trading.
Pair Trading with ACCO BRANDS
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 ACCO BRANDS 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 ACCO BRANDS will appreciate offsetting losses from the drop in the long position's value.Moving together with ACCO Stock
| 0.79 | APC | Apple Inc | PairCorr |
| 0.8 | APC | Apple Inc | PairCorr |
| 0.8 | APC | Apple Inc | PairCorr |
| 0.8 | APC | Apple Inc | PairCorr |
Moving against ACCO Stock
| 0.89 | HX1A | HEXINDO ADIPERKASA | PairCorr |
| 0.74 | 59I | INDO RAMA SYNTHETIC | PairCorr |
| 0.74 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.66 | I41 | INDIKA ENERGY | PairCorr |
| 0.61 | AMZ | Amazon Inc Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to ACCO BRANDS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACCO BRANDS 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 ACCO BRANDS - 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 ACCO BRANDS to buy it.
The correlation of ACCO BRANDS 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 ACCO BRANDS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACCO BRANDS 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 ACCO BRANDS 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 ACCO BRANDS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade ACCO Stock refer to our How to Trade ACCO Stock guide.Note that the ACCO BRANDS information on this page should be used as a complementary analysis to other ACCO BRANDS'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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for ACCO Stock analysis
When running ACCO BRANDS's price analysis, check to measure ACCO BRANDS'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 ACCO BRANDS is operating at the current time. Most of ACCO BRANDS's value examination focuses on studying past and present price action to predict the probability of ACCO BRANDS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACCO BRANDS's price. Additionally, you may evaluate how the addition of ACCO BRANDS to your portfolios can decrease your overall portfolio volatility.
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