Blue Hat Interactive Stock Probability Of Bankruptcy
| BHAT Stock | USD 1.11 0.02 1.83% |
Blue | Probability Of Bankruptcy |
Blue Hat Interactive Company probability of financial unrest Analysis
Blue Hat'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 Blue Hat Probability Of Bankruptcy | Less than 10% |
Most of Blue Hat'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, Blue Hat Interactive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Blue Hat 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 Blue Hat 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 Blue Hat Interactive financial health.
Is Blue Hat'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 Blue Hat. If investors know Blue 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 Blue Hat 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 (0.15) | Earnings Share (1.55) | Revenue Per Share 4.963 | Quarterly Revenue Growth 12.693 | Return On Assets (0.18) |
The market value of Blue Hat Interactive is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Hat's value that differs from its market value or its book value, called intrinsic value, which is Blue Hat'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 Blue Hat's market value can be influenced by many factors that don't directly affect Blue Hat'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 Blue Hat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Hat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Hat'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.
Blue Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Blue Hat is extremely important. It helps to project a fair market value of Blue Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Blue Hat'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 Blue Hat'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 Blue Hat's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Blue Hat Interactive has a Probability Of Bankruptcy of 10.0%. This is 80.63% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The probability of bankruptcy for all United States stocks is 74.89% higher than that of the company.
Blue Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Hat'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 Blue Hat could also be used in its relative valuation, which is a method of valuing Blue Hat by comparing valuation metrics of similar companies.Blue Hat is currently under evaluation in probability of bankruptcy category among related companies.
Blue Hat Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Gross Profit Margin | 0.67 | 0.68 | 0.46 | 0.43 | 0.54 | 0.62 | |
| Net Debt | (3.8M) | (9.6M) | 1.4M | 3.5M | 4.1M | 4.3M | |
| Total Current Liabilities | 13.2M | 16.7M | 18.3M | 17.4M | 15.7M | 12.3M | |
| Non Current Liabilities Total | 741.9K | 300.5K | 579.6K | 2.3M | 2.7M | 2.8M | |
| Total Assets | 59.3M | 75.7M | 36.5M | 34.3M | 39.4M | 46.5M | |
| Total Current Assets | 43.2M | 50.7M | 21.7M | 21.5M | 19.4M | 25.0M | |
| Total Cash From Operating Activities | (867.4K) | 4.5M | (22.3M) | (1.6M) | (1.4M) | (1.5M) |
Blue Fundamentals
| Return On Equity | -0.87 | |||
| Return On Asset | -0.18 | |||
| Profit Margin | (0.16) % | |||
| Operating Margin | (0.09) % | |||
| Current Valuation | 19.86 M | |||
| Shares Outstanding | 58.4 M | |||
| Shares Owned By Insiders | 29.68 % | |||
| Shares Owned By Institutions | 2.80 % | |||
| Number Of Shares Shorted | 37.62 K | |||
| Price To Earning | 4.14 X | |||
| Price To Book | 5.36 X | |||
| Price To Sales | 1.20 X | |||
| Revenue | 7.38 M | |||
| Gross Profit | 6.48 M | |||
| EBITDA | (5.98 M) | |||
| Net Income | (9.41 M) | |||
| Cash And Equivalents | 135.56 K | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 3.61 M | |||
| Debt To Equity | 0.09 % | |||
| Current Ratio | 1.19 X | |||
| Book Value Per Share | 0.81 X | |||
| Cash Flow From Operations | (1.6 M) | |||
| Short Ratio | 0.29 X | |||
| Earnings Per Share | (1.55) X | |||
| Number Of Employees | 40 | |||
| Beta | 1.3 | |||
| Market Capitalization | 63.65 M | |||
| Total Asset | 34.28 M | |||
| Retained Earnings | (35.11 M) | |||
| Working Capital | 4.12 M | |||
| Current Asset | 41.32 M | |||
| Current Liabilities | 13.45 M | |||
| Net Asset | 34.28 M |
About Blue Hat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Hat Interactive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Hat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Hat Interactive 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 Blue Hat 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, Blue Hat's short interest history, or implied volatility extrapolated from Blue Hat options trading.
Pair Trading with Blue Hat
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 Blue Hat 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 Blue Hat will appreciate offsetting losses from the drop in the long position's value.Moving against Blue Stock
| 0.41 | TTWO | Take Two Interactive Financial Report 15th of May 2024 | PairCorr |
The ability to find closely correlated positions to Blue Hat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blue Hat 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 Blue Hat - 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 Blue Hat Interactive to buy it.
The correlation of Blue Hat 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 Blue Hat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Hat Interactive 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 Blue Hat 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 Blue Hat Piotroski F Score and Blue Hat Altman Z Score analysis. Note that the Blue Hat Interactive information on this page should be used as a complementary analysis to other Blue Hat'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Blue Stock analysis
When running Blue Hat's price analysis, check to measure Blue Hat'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 Blue Hat is operating at the current time. Most of Blue Hat's value examination focuses on studying past and present price action to predict the probability of Blue Hat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Hat's price. Additionally, you may evaluate how the addition of Blue Hat to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Transaction History View history of all your transactions and understand their impact on performance |
Is Blue Hat'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 Blue Hat. If investors know Blue 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 Blue Hat 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 (0.15) | Earnings Share (1.55) | Revenue Per Share 4.963 | Quarterly Revenue Growth 12.693 | Return On Assets (0.18) |
The market value of Blue Hat Interactive is measured differently than its book value, which is the value of Blue that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Hat's value that differs from its market value or its book value, called intrinsic value, which is Blue Hat'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 Blue Hat's market value can be influenced by many factors that don't directly affect Blue Hat'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 Blue Hat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blue Hat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Hat'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.