Advantis Z Score

Stocks . USA . 
Stock . Advantis Corp
ADVT Stock  USD 0.0001  0.00  0.00%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Advantis Corp Piotroski F Score and Advantis Corp Valuation analysis. For more information on how to buy Advantis Stock please use our How to Invest in Advantis Corp guide.
  

Advantis Z Score Analysis

Advantis Corp'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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Advantis Corp Z Score

    
  -9.39  
Most of Advantis Corp'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, Advantis Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
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, Advantis Corp has a Z Score of -9.39. This is 239.11% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The z score for all United States stocks is notably higher than that of the company.

Advantis Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Advantis Corp'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 Advantis Corp could also be used in its relative valuation, which is a method of valuing Advantis Corp by comparing valuation metrics of similar companies.
Advantis Corp is currently under evaluation in z score category among related companies.

Advantis Fundamentals

Current Valuation270.42 K
Price to Earning(10.20) X
Price to Sales1.47 X
Revenue406.2 K
Net Income(113.69 K)
Cash and Equivalents130.04 K
Total Debt721.12 K
Book Value Per Share(0.003) X
Cash Flow from Operations92.21 K
Beta29.77
Market Capitalization37.14 K
Total Asset268.98 K
Retained Earnings(1.65 M)
Working Capital(530 K)
Current Asset24 K
Current Liabilities554 K
Z Score-9.39
Net Asset268.98 K

About Advantis Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Advantis Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Advantis Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Advantis Corp 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.
Advantis Corp. develops and markets products focusing on medical cannabis, research, and pharmaceutical sectors. Advantis Corp. was formerly known as Ramoil Management, Ltd. and changed its name to Advantis Corp. in December 2015. Advantis Corp operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 5 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Advantis Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Advantis Corp

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 Advantis Corp 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 Advantis Corp will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Advantis Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advantis Corp 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 Advantis Corp - 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 Advantis Corp to buy it.
The correlation of Advantis Corp is a statistical measure of how it moves in relation to other equities. 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 Advantis Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advantis Corp 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 Advantis Corp 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.
Pair CorrelationCorrelation Matching
Check out Advantis Corp Piotroski F Score and Advantis Corp Valuation analysis. For more information on how to buy Advantis Stock please use our How to Invest in Advantis Corp guide. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Advantis Stock analysis

When running Advantis Corp's price analysis, check to measure Advantis Corp'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 Advantis Corp is operating at the current time. Most of Advantis Corp's value examination focuses on studying past and present price action to predict the probability of Advantis Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advantis Corp's price. Additionally, you may evaluate how the addition of Advantis Corp to your portfolios can decrease your overall portfolio volatility.
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Is Advantis Corp'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 Advantis Corp. If investors know Advantis 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 Advantis Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Advantis Corp is measured differently than its book value, which is the value of Advantis that is recorded on the company's balance sheet. Investors also form their own opinion of Advantis Corp's value that differs from its market value or its book value, called intrinsic value, which is Advantis Corp'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 Advantis Corp's market value can be influenced by many factors that don't directly affect Advantis Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Advantis Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advantis Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advantis Corp'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. Check out Advantis Corp Piotroski F Score and Advantis Corp Valuation analysis. For more information on how to buy Advantis Stock please use our How to Invest in Advantis Corp guide.


 
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