AMERITRUST Z Score

ATCC -  USA Stock  

USD 0.001  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. Please continue to AMERITRUST CORP Piotroski F Score and AMERITRUST CORP Valuation analysis.
  
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AMERITRUST Z Score Analysis

AMERITRUST 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
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 Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, AMERITRUST CORP has a Z Score of 0.0. This is 100.0% lower than that of the Financial Services sector and 100.0% lower than that of the Capital Markets industry. The z score for all United States stocks is 100.0% higher than that of the company.

AMERITRUST Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AMERITRUST CORP's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of AMERITRUST CORP could also be used in its relative valuation, which is a method of valuing AMERITRUST CORP by comparing valuation metrics of similar companies.
AMERITRUST CORP is currently under evaluation in z score category among related companies.

AMERITRUST Fundamentals

About AMERITRUST CORP Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AMERITRUST CORP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AMERITRUST CORP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AMERITRUST 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.
Ameritrust Corporation does not have significant operations. Ameritrust Corporation is a subsidiary of Tourmeline Ventures, Inc. AMERITRUST CORP operates under Capital Markets classification in the United States and is traded on OTC Exchange.

AMERITRUST CORP Investors Sentiment

The influence of AMERITRUST CORP'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 AMERITRUST. 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 markets does not have a solid backing from leading economists and market statisticians.
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 AMERITRUST CORP 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, AMERITRUST CORP's short interest history, or implied volatility extrapolated from AMERITRUST CORP options trading.

Current Sentiment - ATCC

AMERITRUST CORP Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in AMERITRUST CORP. What is your sentiment towards investing in AMERITRUST CORP? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Pair Trading with AMERITRUST 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 AMERITRUST 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 AMERITRUST CORP will appreciate offsetting losses from the drop in the long position's value.

AMERITRUST CORP Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to AMERITRUST 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 AMERITRUST 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 AMERITRUST 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 AMERITRUST CORP to buy it.
The correlation of AMERITRUST 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 AMERITRUST CORP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMERITRUST 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 AMERITRUST 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
Please continue to AMERITRUST CORP Piotroski F Score and AMERITRUST CORP Valuation analysis. Note that the AMERITRUST CORP information on this page should be used as a complementary analysis to other AMERITRUST CORP'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is AMERITRUST 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 AMERITRUST CORP. If investors know AMERITRUST 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 AMERITRUST CORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
34.8 K
Quarterly Revenue Growth YOY
0.32
Return On Equity
-0.36
The market value of AMERITRUST CORP is measured differently than its book value, which is the value of AMERITRUST that is recorded on the company's balance sheet. Investors also form their own opinion of AMERITRUST CORP's value that differs from its market value or its book value, called intrinsic value, which is AMERITRUST 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 AMERITRUST CORP's market value can be influenced by many factors that don't directly affect AMERITRUST CORP'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 AMERITRUST CORP's value and its price as these two are different measures arrived at by different means. Investors typically determine AMERITRUST CORP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AMERITRUST 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.