Apartment Investment And Stock Z Score

AIV Stock

USD 8.04 0.02 0.25%

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 Apartment Investment Piotroski F Score and Apartment Investment Valuation analysis.

At this time, Apartment Investment's Additional Paid In Capital is fairly stable compared to the past year. Capital Lease Obligations is likely to climb to about 169.2 M in 2024, whereas Capital Stock is likely to drop slightly above 1.3 M in 2024. At this time, Apartment Investment's Selling General Administrative is fairly stable compared to the past year. Non Recurring is likely to climb to about 20.7 M in 2024, whereas Interest Expense is likely to drop slightly above 35.8 M in 2024.

Apartment Investment and Company Z Score Analysis

Apartment Investment'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

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 )

Apartment Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Apartment Investment is extremely important. It helps to project a fair market value of Apartment Stock properly, considering its historical fundamentals such as Z Score. Since Apartment Investment'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 Apartment Investment'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 Apartment Investment's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Accounts Payable	Long Term Debt	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Deferred Long Term Liab	Property Plant Equipment	Capital Surpluse	Long Term Investments	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.83	0.82	-0.89	-0.17	0.99	-0.23	0.18	-0.1	-0.59	0.64	0.66	-0.16	-0.04	0.4	0.06	0.29	0.72	-0.4	0.61	0.65	-0.72	-0.63	-0.62
Total Stockholder Equity	0.83		0.54	-0.62	-0.27	0.74	-0.28	0.34	0.36	-0.38	0.68	0.31	-0.33	-0.19	0.69	-0.05	0.48	0.7	-0.29	0.67	0.46	-0.65	-0.61	-0.57
Net Debt	0.82	0.54		-0.97	-0.05	0.86	-0.08	-0.39	-0.33	-0.44	0.6	0.57	0.0	0.13	0.19	0.05	0.16	0.56	-0.32	0.58	0.53	-0.6	-0.52	-0.52
Retained Earnings	-0.89	-0.62	-0.97		0.18	-0.92	0.15	0.24	0.34	0.52	-0.61	-0.68	-0.04	-0.13	-0.22	-0.1	-0.27	-0.65	0.45	-0.59	-0.68	0.68	0.61	0.58
Net Receivables	-0.17	-0.27	-0.05	0.18		-0.15	0.68	-0.19	0.09	-0.14	-0.38	-0.32	-0.3	-0.13	-0.39	-0.07	-0.74	-0.67	0.05	-0.4	-0.64	0.52	0.65	0.6
Total Liab	0.99	0.74	0.86	-0.92	-0.15		-0.23	0.13	-0.23	-0.59	0.6	0.73	-0.08	0.02	0.3	0.1	0.24	0.71	-0.41	0.58	0.68	-0.71	-0.62	-0.61
Total Current Assets	-0.23	-0.28	-0.08	0.15	0.68	-0.23		-0.31	0.21	-0.46	-0.58	-0.24	-0.37	-0.37	-0.41	0.14	-0.71	-0.76	0.01	-0.59	-0.51	0.67	0.79	0.83
Short Term Debt	0.18	0.34	-0.39	0.24	-0.19	0.13	-0.31		0.27	-0.15	0.03	0.11	-0.11	-0.17	0.23	0.06	0.18	0.22	-0.04	0.03	0.19	-0.17	-0.14	-0.16
Common Stock	-0.1	0.36	-0.33	0.34	0.09	-0.23	0.21	0.27		-0.03	-0.09	-0.48	-0.73	-0.65	0.44	-0.13	0.0	-0.18	0.3	-0.09	-0.43	0.32	0.25	0.27
Accounts Payable	-0.59	-0.38	-0.44	0.52	-0.14	-0.59	-0.46	-0.15	-0.03		0.12	-0.48	0.31	0.31	0.15	-0.21	0.31	-0.02	0.36	0.14	-0.4	0.03	-0.09	-0.12
Long Term Debt	0.64	0.68	0.6	-0.61	-0.38	0.6	-0.58	0.03	-0.09	0.12		0.2	0.14	0.3	0.62	-0.2	0.65	0.83	-0.25	1.0	0.49	-0.81	-0.83	-0.8
Current Deferred Revenue	0.66	0.31	0.57	-0.68	-0.32	0.73	-0.24	0.11	-0.48	-0.48	0.2		0.08	0.01	0.01	0.47	0.31	0.53	-0.34	0.19	0.66	-0.52	-0.49	-0.47
Good Will	-0.16	-0.33	0.0	-0.04	-0.3	-0.08	-0.37	-0.11	-0.73	0.31	0.14	0.08		0.88	-0.31	-0.02	0.24	0.21	-0.29	0.16	0.46	-0.37	-0.29	-0.3
Intangible Assets	-0.04	-0.19	0.13	-0.13	-0.13	0.02	-0.37	-0.17	-0.65	0.31	0.3	0.01	0.88		-0.2	-0.17	0.2	0.28	-0.31	0.31	0.41	-0.4	-0.37	-0.36
Net Tangible Assets	0.4	0.69	0.19	-0.22	-0.39	0.3	-0.41	0.23	0.44	0.15	0.62	0.01	-0.31	-0.2		-0.36	0.57	0.63	0.06	0.61	0.15	-0.54	-0.57	-0.58
Deferred Long Term Liab	0.06	-0.05	0.05	-0.1	-0.07	0.1	0.14	0.06	-0.13	-0.21	-0.2	0.47	-0.02	-0.17	-0.36		0.12	-0.05	-0.02	-0.19	0.09	0.15	0.07	0.21
Property Plant Equipment	0.29	0.48	0.16	-0.27	-0.74	0.24	-0.71	0.18	0.0	0.31	0.65	0.31	0.24	0.2	0.57	0.12		0.75	-0.14	0.69	0.5	-0.7	-0.75	-0.74
Capital Surpluse	0.72	0.7	0.56	-0.65	-0.67	0.71	-0.76	0.22	-0.18	-0.02	0.83	0.53	0.21	0.28	0.63	-0.05	0.75		-0.31	0.83	0.77	-0.91	-0.97	-0.93
Long Term Investments	-0.4	-0.29	-0.32	0.45	0.05	-0.41	0.01	-0.04	0.3	0.36	-0.25	-0.34	-0.29	-0.31	0.06	-0.02	-0.14	-0.31		-0.25	-0.51	0.35	0.42	0.14
Long Term Debt Total	0.61	0.67	0.58	-0.59	-0.4	0.58	-0.59	0.03	-0.09	0.14	1.0	0.19	0.16	0.31	0.61	-0.19	0.69	0.83	-0.25		0.49	-0.81	-0.83	-0.8
Short Long Term Debt	0.65	0.46	0.53	-0.68	-0.64	0.68	-0.51	0.19	-0.43	-0.4	0.49	0.66	0.46	0.41	0.15	0.09	0.5	0.77	-0.51	0.49		-0.76	-0.74	-0.7
Cash And Equivalents	-0.72	-0.65	-0.6	0.68	0.52	-0.71	0.67	-0.17	0.32	0.03	-0.81	-0.52	-0.37	-0.4	-0.54	0.15	-0.7	-0.91	0.35	-0.81	-0.76		0.87	0.93
Net Invested Capital	-0.63	-0.61	-0.52	0.61	0.65	-0.62	0.79	-0.14	0.25	-0.09	-0.83	-0.49	-0.29	-0.37	-0.57	0.07	-0.75	-0.97	0.42	-0.83	-0.74	0.87		0.89
Net Working Capital	-0.62	-0.57	-0.52	0.58	0.6	-0.61	0.83	-0.16	0.27	-0.12	-0.8	-0.47	-0.3	-0.36	-0.58	0.21	-0.74	-0.93	0.14	-0.8	-0.7	0.93	0.89

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

Predict Apartment Investment

In accordance with the company's disclosures, Apartment Investment and has a Z Score of 0.0. This is 100.0% lower than that of the Diversified REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Apartment Investment ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Apartment Investment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Apartment Investment's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Apartment Investment Institutional Holders

Institutional Holdings refers to the ownership stake in Apartment Investment that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Apartment Investment'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 Apartment Investment's value.

		Shares
Daiwa Securities Group Inc	2023-12-31	2.5 M
Duff & Phelps Inv Mgmt Co (il)	2023-12-31	2.4 M
Nuveen Asset Management, Llc	2023-12-31	2.4 M
Dimensional Fund Advisors, Inc.	2023-12-31	2.2 M
Charles Schwab Investment Management Inc	2023-12-31	2.1 M
Lasalle Investment Management Securities Llc	2023-12-31	1.9 M
Bank Of New York Mellon Corp	2023-12-31	1.9 M
Millennium Management Llc	2023-12-31	1.8 M
Ci Investments Inc	2023-12-31	1.7 M
Vanguard Group Inc	2023-12-31	21.2 M
Blackrock Inc	2023-12-31	17.4 M

Apartment Fundamentals

	Return On Equity	-0.23
	Return On Asset	0.0037
	Profit Margin	(0.88) %
	Operating Margin	0.09 %
	Current Valuation	2.56 B
	Shares Outstanding	144.81 M
	Shares Owned By Insiders	8.84 %
	Shares Owned By Institutions	85.57 %
	Number Of Shares Shorted	3.94 M
	Price To Earning	4.73 X
	Price To Book	3.36 X
	Price To Sales	6.25 X
	Revenue	187 M
	Gross Profit	119.13 M
	EBITDA	76.62 M
	Net Income	(166.2 M)
	Cash And Equivalents	206.46 M
	Cash Per Share	0.88 X
	Total Debt	1.28 B
	Debt To Equity	1.46 %
	Current Ratio	3.61 X
	Book Value Per Share	2.49 X
	Cash Flow From Operations	54.68 M
	Short Ratio	3.67 X
	Earnings Per Share	(1.16) X
	Price To Earnings To Growth	839.32 X
	Target Price	11.5
	Number Of Employees	61
	Beta	1.57
	Market Capitalization	1.17 B
	Total Asset	2.09 B
	Retained Earnings	(116.29 M)
	Working Capital	125.56 M
	Current Asset	137.75 M
	Current Liabilities	36.12 M
	Five Year Return	3.40 %
	Net Asset	2.09 B

About Apartment Investment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Apartment Investment and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Apartment Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Apartment Investment and 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.

Pair Trading with Apartment Investment

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 Apartment Investment 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 Apartment Investment will appreciate offsetting losses from the drop in the long position's value.

Moving against Apartment Stock

0.58	EQIX	Equinix Earnings Call This Week	Pair Corr
0.53	ADC-PA	Agree Realty	Pair Corr
0.5	CCI	Crown Castle Sell-off Trend	Pair Corr
0.45	REXR	Rexford Industrial Realty	Pair Corr

The ability to find closely correlated positions to Apartment Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Apartment Investment 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 Apartment Investment - 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 Apartment Investment and to buy it.

The correlation of Apartment Investment 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 Apartment Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Apartment Investment and 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 Apartment Investment 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 Correlation Correlation Matching

When determining whether Apartment Investment and is a strong investment it is important to analyze Apartment Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apartment Investment's future performance. For an informed investment choice regarding Apartment Stock, refer to the following important reports:

How To Invest In Apartment

Details

Is Apartment Stock a good investment?

Details

What is Apartment Investment's Net Worth?

Details

Largest Diversified REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Check out Apartment Investment Piotroski F Score and Apartment Investment Valuation analysis.

You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Apartment Stock analysis

When running Apartment Investment's price analysis, check to measure Apartment Investment'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 Apartment Investment is operating at the current time. Most of Apartment Investment's value examination focuses on studying past and present price action to predict the probability of Apartment Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apartment Investment's price. Additionally, you may evaluate how the addition of Apartment Investment to your portfolios can decrease your overall portfolio volatility.

	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
	Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges
	Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
	Commodity Directory Find actively traded commodities issued by global exchanges
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Global Correlations Find global opportunities by holding instruments from different markets
	Fundamental Analysis View fundamental data based on most recent published financial statements
	Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites

Is Apartment Investment'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 Apartment Investment. If investors know Apartment 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 Apartment Investment 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

(0.63)

Earnings Share

(1.16)

Revenue Per Share

1.308

Quarterly Revenue Growth

0.179

Return On Assets

0.0037

The market value of Apartment Investment and is measured differently than its book value, which is the value of Apartment that is recorded on the company's balance sheet. Investors also form their own opinion of Apartment Investment's value that differs from its market value or its book value, called intrinsic value, which is Apartment Investment'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 Apartment Investment's market value can be influenced by many factors that don't directly affect Apartment Investment'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 Apartment Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apartment Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apartment Investment'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Apartment Investment And Stock Z Score

Apartment Investment and Company Z Score Analysis

Z Score

Sum Of

5 Factors

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 )

Apartment Z Score Driver Correlations

Apartment Investment ESG Sustainability

Apartment Investment Institutional Holders

Apartment Fundamentals

About Apartment Investment Fundamental Analysis

Pair Trading with Apartment Investment

Moving against Apartment Stock

Complementary Tools for Apartment Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY