Career College Holding Stock Probability Of Bankruptcy
| CCHZ Stock | USD 0.0003 0.00 0.00% |
Career | Probability Of Bankruptcy |
Career College Holding Company probability of bankruptcy Analysis
Career College'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 Career College Probability Of Bankruptcy | Over 58% |
Most of Career College'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, Career College Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Career College 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 Career College 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 Career College Holding financial health.
Is Career College'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 Career College. If investors know Career 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 Career College listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Career College Holding is measured differently than its book value, which is the value of Career that is recorded on the company's balance sheet. Investors also form their own opinion of Career College's value that differs from its market value or its book value, called intrinsic value, which is Career College'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 Career College's market value can be influenced by many factors that don't directly affect Career College'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 Career College's value and its price as these two are different measures arrived at by different means. Investors typically determine if Career College is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Career College'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.
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, Career College Holding has a Probability Of Bankruptcy of 58%. This is 60.31% higher than that of the Diversified Consumer Services sector and 77.75% higher than that of the Consumer Discretionary industry. The probability of bankruptcy for all United States stocks is 45.62% lower than that of the firm.
Career Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Career College'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 Career College could also be used in its relative valuation, which is a method of valuing Career College by comparing valuation metrics of similar companies.Career College is currently under evaluation in probability of bankruptcy category among related companies.
Career Fundamentals
| Current Valuation | 148.2 K | ||||
| Shares Outstanding | 98.8 K | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 486.71 K | ||||
| Net Income | (14.91 M) | ||||
| Total Debt | 67.62 K | ||||
| Cash Flow From Operations | (12.64 M) | ||||
| Beta | -0.09 | ||||
| Market Capitalization | 148.2 K | ||||
| Total Asset | 17.47 M | ||||
| Retained Earnings | (21.6 M) | ||||
| Working Capital | 400 K | ||||
| Current Asset | 3.28 M | ||||
| Current Liabilities | 2.88 M | ||||
| Net Asset | 17.47 M |
About Career College Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Career College Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Career College using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Career College Holding 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 Career College
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 Career College 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 Career College will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Career College could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Career College 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 Career College - 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 Career College Holding to buy it.
The correlation of Career College 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 Career College moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Career College Holding 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 Career College 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 Career College Piotroski F Score and Career College Altman Z Score analysis. Note that the Career College Holding information on this page should be used as a complementary analysis to other Career College'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Career Stock analysis
When running Career College's price analysis, check to measure Career College'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 Career College is operating at the current time. Most of Career College's value examination focuses on studying past and present price action to predict the probability of Career College's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Career College's price. Additionally, you may evaluate how the addition of Career College to your portfolios can decrease your overall portfolio volatility.
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Is Career College'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 Career College. If investors know Career 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 Career College listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Career College Holding is measured differently than its book value, which is the value of Career that is recorded on the company's balance sheet. Investors also form their own opinion of Career College's value that differs from its market value or its book value, called intrinsic value, which is Career College'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 Career College's market value can be influenced by many factors that don't directly affect Career College'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 Career College's value and its price as these two are different measures arrived at by different means. Investors typically determine if Career College is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Career College'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.