Born Inc Stock Z Score
| BRRN Stock | USD 0 0.00 0.00% |
Born |
Born Inc Company Z Score Analysis
Born'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..
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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.
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In accordance with the company's disclosures, Born Inc has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Specialty Industrial Machinery (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
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Born Fundamentals
| Profit Margin | (2.50) % | |||
| Operating Margin | (2.30) % | |||
| Current Valuation | 24.86 K | |||
| Shares Outstanding | 2.49 M | |||
| Shares Owned By Insiders | 42.47 % | |||
| Price To Sales | 0.04 X | |||
| Gross Profit | 479.73 K | |||
| EBITDA | (21.04 M) | |||
| Net Income | (1.03 M) | |||
| Cash And Equivalents | 3.69 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 5.61 M | |||
| Current Ratio | 0.60 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (753.12 K) | |||
| Earnings Per Share | (0.36) X | |||
| Number Of Employees | 15 | |||
| Beta | 0.25 | |||
| Market Capitalization | 24.86 K |
About Born Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Born Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Born using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Born Inc 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 Born 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, Born's short interest history, or implied volatility extrapolated from Born options trading.
Pair Trading with Born
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 Born 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 Born will appreciate offsetting losses from the drop in the long position's value.Moving together with Born Pink Sheet
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Moving against Born Pink Sheet
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The ability to find closely correlated positions to Born could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Born 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 Born - 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 Born Inc to buy it.
The correlation of Born 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 Born moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Born Inc 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 Born 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 Born Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Born Pink Sheet analysis
When running Born's price analysis, check to measure Born'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 Born is operating at the current time. Most of Born's value examination focuses on studying past and present price action to predict the probability of Born's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Born's price. Additionally, you may evaluate how the addition of Born to your portfolios can decrease your overall portfolio volatility.
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