Blender Financial Technologies Stock Z Score
| BLND Stock | ILA 485.50 11.40 2.29% |
Blender |
Blender Financial Technologies Company Z Score Analysis
Blender Financial'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..
Current Blender Financial Z Score | 0.6 |
Most of Blender Financial'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, Blender Financial Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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, Blender Financial Technologies has a Z Score of 0.6. This is 75.1% lower than that of the Financial Services sector and 84.89% lower than that of the Credit Services industry. The z score for all Israel stocks is 93.12% higher than that of the company.
Blender Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blender Financial'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 Blender Financial could also be used in its relative valuation, which is a method of valuing Blender Financial by comparing valuation metrics of similar companies.Blender Financial is currently under evaluation in z score category among related companies.
Blender Fundamentals
| Return On Equity | -0.36 | |||
| Return On Asset | -0.17 | |||
| Profit Margin | (1.67) % | |||
| Operating Margin | (1.64) % | |||
| Shares Outstanding | 9.74 M | |||
| Shares Owned By Insiders | 25.49 % | |||
| Shares Owned By Institutions | 5.17 % | |||
| Price To Sales | 2.77 X | |||
| Revenue | 14.6 M | |||
| Gross Profit | 12.3 M | |||
| Net Income | (20.87 M) | |||
| Cash And Equivalents | 75.55 M | |||
| Cash Per Share | 10.81 X | |||
| Total Debt | 49.99 M | |||
| Book Value Per Share | 7.63 X | |||
| Cash Flow From Operations | (14.55 M) | |||
| Earnings Per Share | (2.90) X | |||
| Target Price | 26.2 | |||
| Number Of Employees | 83 | |||
| Beta | 0.14 | |||
| Market Capitalization | 55.1 M | |||
| Z Score | 0.6 |
About Blender Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blender Financial Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blender Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blender Financial Technologies 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 Blender Financial 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, Blender Financial's short interest history, or implied volatility extrapolated from Blender Financial options trading.
Pair Trading with Blender Financial
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 Blender Financial 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 Blender Financial will appreciate offsetting losses from the drop in the long position's value.Moving against Blender Stock
| 0.67 | RATI | Ratio Oil Explorations | PairCorr |
| 0.52 | LUMI | Bank Leumi Le | PairCorr |
| 0.45 | ICL | ICL Israel Chemicals | PairCorr |
| 0.43 | JCFN | Jacob Finance And | PairCorr |
The ability to find closely correlated positions to Blender Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blender Financial 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 Blender Financial - 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 Blender Financial Technologies to buy it.
The correlation of Blender Financial 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 Blender Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blender Financial 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 Blender Financial 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Blender Financial Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Blender Stock analysis
When running Blender Financial's price analysis, check to measure Blender Financial'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 Blender Financial is operating at the current time. Most of Blender Financial's value examination focuses on studying past and present price action to predict the probability of Blender Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blender Financial's price. Additionally, you may evaluate how the addition of Blender Financial to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas |