Brenmiller Energy Ltd Stock Z Score
| BNRG Stock | USD 2.25 0.07 3.02% |
Brenmiller | Z Score |
Brenmiller Energy Ltd Company Z Score Analysis
Brenmiller Energy'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
Brenmiller Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Brenmiller Energy is extremely important. It helps to project a fair market value of Brenmiller Stock properly, considering its historical fundamentals such as Z Score. Since Brenmiller Energy'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 Brenmiller Energy'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 Brenmiller Energy's interrelated accounts and indicators.
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 |
In accordance with the company's disclosures, Brenmiller Energy Ltd has a Z Score of 0.0. This is 100.0% lower than that of the Electric Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Brenmiller Energy Institutional Holders
Institutional Holdings refers to the ownership stake in Brenmiller Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Brenmiller Energy'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 Brenmiller Energy's value.| Shares | Migdal Insurance & Financial Holdings Ltd | 2023-12-31 | 96.7 K | Two Sigma Securities, Llc | 2023-09-30 | 0.0 |
Brenmiller Fundamentals
| Return On Equity | -2.57 | ||||
| Return On Asset | -0.53 | ||||
| Operating Margin | (111.34) % | ||||
| Current Valuation | 7.41 M | ||||
| Shares Outstanding | 2.46 M | ||||
| Shares Owned By Insiders | 59.28 % | ||||
| Shares Owned By Institutions | 15.22 % | ||||
| Number Of Shares Shorted | 3.38 K | ||||
| Price To Book | 2.11 X | ||||
| Price To Sales | 9.79 X | ||||
| Revenue | 621 K | ||||
| Gross Profit | (3.66 M) | ||||
| EBITDA | (9.71 M) | ||||
| Net Income | (9.65 M) | ||||
| Cash And Equivalents | 9.14 M | ||||
| Cash Per Share | 0.64 X | ||||
| Total Debt | 5.85 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 3.99 X | ||||
| Book Value Per Share | 1.34 X | ||||
| Cash Flow From Operations | (6.92 M) | ||||
| Short Ratio | 0.47 X | ||||
| Earnings Per Share | (4.99) X | ||||
| Number Of Employees | 50 | ||||
| Beta | 0.32 | ||||
| Market Capitalization | 5.72 M | ||||
| Total Asset | 10.59 M | ||||
| Retained Earnings | (95.43 M) | ||||
| Working Capital | 1.85 M | ||||
| Net Asset | 10.59 M |
About Brenmiller Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Brenmiller Energy Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brenmiller Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brenmiller Energy Ltd 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 Brenmiller Energy
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 Brenmiller Energy 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 Brenmiller Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Brenmiller Stock
| 0.89 | RNWWW | ReNew Energy Global | PairCorr |
| 0.88 | ELIQ | Electriq Power Holdings Symbol Change | PairCorr |
Moving against Brenmiller Stock
| 0.93 | CEG | Constellation Energy Corp Financial Report 2nd of May 2024 | PairCorr |
| 0.69 | VGASW | Verde Clean Fuels | PairCorr |
| 0.55 | AQN | Algonquin Power Utilities Financial Report 9th of May 2024 | PairCorr |
| 0.55 | BEP-PA | Brookfield Renewable | PairCorr |
| 0.51 | VGAS | Verde Clean Fuels | PairCorr |
The ability to find closely correlated positions to Brenmiller Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brenmiller Energy 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 Brenmiller Energy - 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 Brenmiller Energy Ltd to buy it.
The correlation of Brenmiller Energy 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 Brenmiller Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brenmiller Energy 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 Brenmiller Energy 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 Brenmiller Energy Piotroski F Score and Brenmiller Energy Valuation analysis. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Brenmiller Stock analysis
When running Brenmiller Energy's price analysis, check to measure Brenmiller Energy'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 Brenmiller Energy is operating at the current time. Most of Brenmiller Energy's value examination focuses on studying past and present price action to predict the probability of Brenmiller Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brenmiller Energy's price. Additionally, you may evaluate how the addition of Brenmiller Energy to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Brenmiller Energy'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 Brenmiller Energy. If investors know Brenmiller 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 Brenmiller Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.99) | Revenue Per Share 0.318 | Quarterly Revenue Growth (0.61) | Return On Assets (0.53) | Return On Equity (2.57) |
The market value of Brenmiller Energy is measured differently than its book value, which is the value of Brenmiller that is recorded on the company's balance sheet. Investors also form their own opinion of Brenmiller Energy's value that differs from its market value or its book value, called intrinsic value, which is Brenmiller Energy'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 Brenmiller Energy's market value can be influenced by many factors that don't directly affect Brenmiller Energy'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 Brenmiller Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brenmiller Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brenmiller Energy'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.