Ambev Sa Adr Stock Z Score
| ABEV Stock | USD 2.28 0.02 0.88% |
Ambev | Z Score |
Ambev SA ADR Company Z Score Analysis
Ambev SA'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
Ambev Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Ambev SA is extremely important. It helps to project a fair market value of Ambev Stock properly, considering its historical fundamentals such as Z Score. Since Ambev SA's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ambev SA's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ambev SA's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Ambev SA ADR has a Z Score of 0.0. This is 100.0% lower than that of the Beverages sector and about the same as Consumer Staples (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Ambev Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ambev SA'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 Ambev SA could also be used in its relative valuation, which is a method of valuing Ambev SA by comparing valuation metrics of similar companies.Ambev SA is currently under evaluation in z score category among related companies.
Ambev SA Current Valuation Drivers
We derive many important indicators used in calculating different scores of Ambev SA from analyzing Ambev SA's financial statements. These drivers represent accounts that assess Ambev SA's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ambev SA's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 294.5B | 250.0B | 245.4B | 229.6B | 213.9B | 124.5B | |
| Enterprise Value | 285.7B | 237.7B | 231.9B | 218.6B | 201.4B | 123.0B |
Ambev SA Institutional Holders
Institutional Holdings refers to the ownership stake in Ambev SA that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ambev SA's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ambev SA's value.| Shares | Renaissance Technologies Corp | 2023-12-31 | 20.5 M | Loomis, Sayles & Company Lp | 2023-12-31 | 19.8 M | Seafarer Capital Partners, Llc | 2023-12-31 | 19.4 M | Citigroup Inc | 2023-12-31 | 16.1 M | Bank Of America Corp | 2023-12-31 | 16 M | Ninety One North America, Inc. | 2023-12-31 | 15.7 M | Pzena Investment Management, Llc | 2023-12-31 | 14.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 11.4 M | Rwc Asset Management Llp | 2023-12-31 | 10.3 M | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 313 M | Goldman Sachs Group Inc | 2023-12-31 | 123 M |
Ambev Fundamentals
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.087 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 23.93 B | ||||
| Shares Outstanding | 15.74 B | ||||
| Shares Owned By Institutions | 8.67 % | ||||
| Number Of Shares Shorted | 4.06 M | ||||
| Price To Earning | 22.12 X | ||||
| Price To Book | 2.38 X | ||||
| Price To Sales | 0.48 X | ||||
| Revenue | 79.74 B | ||||
| Gross Profit | 39.29 B | ||||
| EBITDA | 23.56 B | ||||
| Net Income | 14.5 B | ||||
| Cash And Equivalents | 19.06 B | ||||
| Cash Per Share | 1.21 X | ||||
| Total Debt | 3.5 B | ||||
| Debt To Equity | 0.04 % | ||||
| Current Ratio | 1.19 X | ||||
| Book Value Per Share | 5.01 X | ||||
| Cash Flow From Operations | 24.71 B | ||||
| Short Ratio | 0.26 X | ||||
| Earnings Per Share | 0.18 X | ||||
| Price To Earnings To Growth | 1.91 X | ||||
| Target Price | 3.35 | ||||
| Number Of Employees | 43 K | ||||
| Beta | 0.53 | ||||
| Market Capitalization | 36.56 B | ||||
| Total Asset | 135.14 B | ||||
| Retained Earnings | 17.4 B | ||||
| Working Capital | (4.44 B) | ||||
| Current Asset | 28.31 B | ||||
| Current Liabilities | 30.14 B | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 2.97 % | ||||
| Net Asset | 135.14 B | ||||
| Last Dividend Paid | 0.73 |
About Ambev SA Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ambev SA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ambev SA using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ambev SA ADR 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.
Ambev SA Investors Sentiment
The influence of Ambev SA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ambev. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Ambev SA's public news can be used to forecast risks associated with an investment in Ambev. The trend in average sentiment can be used to explain how an investor holding Ambev can time the market purely based on public headlines and social activities around Ambev SA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ambev SA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ambev SA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Ambev SA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Ambev SA.
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 Ambev SA 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, Ambev SA's short interest history, or implied volatility extrapolated from Ambev SA options trading.
Pair Trading with Ambev SA
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 Ambev SA 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 Ambev SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Ambev Stock
| 0.79 | BUD | Anheuser Busch Inbev Financial Report 2nd of May 2024 | PairCorr |
Moving against Ambev Stock
| 0.83 | BG | Bunge Limited Financial Report 1st of May 2024 | PairCorr |
| 0.76 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.74 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.63 | VDKB | Vodka Brands Corp | PairCorr |
| 0.61 | CL | Colgate Palmolive Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Ambev SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ambev SA 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 Ambev SA - 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 Ambev SA ADR to buy it.
The correlation of Ambev SA 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 Ambev SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ambev SA ADR 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 Ambev SA 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 Ambev SA Piotroski F Score and Ambev SA Valuation analysis. Note that the Ambev SA ADR information on this page should be used as a complementary analysis to other Ambev SA'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Ambev Stock analysis
When running Ambev SA's price analysis, check to measure Ambev SA'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 Ambev SA is operating at the current time. Most of Ambev SA's value examination focuses on studying past and present price action to predict the probability of Ambev SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ambev SA's price. Additionally, you may evaluate how the addition of Ambev SA to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Is Ambev SA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ambev SA. If investors know Ambev will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ambev SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 0.73 | Earnings Share 0.18 | Revenue Per Share 5.064 | Quarterly Revenue Growth (0.12) |
The market value of Ambev SA ADR is measured differently than its book value, which is the value of Ambev that is recorded on the company's balance sheet. Investors also form their own opinion of Ambev SA's value that differs from its market value or its book value, called intrinsic value, which is Ambev SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ambev SA's market value can be influenced by many factors that don't directly affect Ambev SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ambev SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ambev SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ambev SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.