Cerner Corp Stock Probability Of Bankruptcy
| CERNDelisted Stock | USD 94.92 0.00 0.00% |
Cerner |
Cerner Corp Company odds of distress Analysis
Cerner Corp'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 Cerner Corp Probability Of Bankruptcy | Over 100% |
Most of Cerner Corp'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, Cerner Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Cerner Corp 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 Cerner Corp 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 Cerner Corp financial health.
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.
CompetitionBased on the latest financial disclosure, Cerner Corp has a Probability Of Bankruptcy of 100%. This is 131.0% higher than that of the Healthcare sector and significantly higher than that of the Health Information Services industry. The probability of bankruptcy for all United States stocks is 151.07% lower than that of the firm.
Cerner Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cerner Corp'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 Cerner Corp could also be used in its relative valuation, which is a method of valuing Cerner Corp by comparing valuation metrics of similar companies.Cerner Corp is currently under evaluation in probability of bankruptcy category among related companies.
Cerner Fundamentals
| Return On Equity | 13.61 | |||
| Return On Asset | 9.09 | |||
| Profit Margin | 9.64 % | |||
| Operating Margin | 26.80 % | |||
| Current Valuation | 28.57 B | |||
| Shares Outstanding | 292.21 M | |||
| Shares Owned By Insiders | 0.13 % | |||
| Shares Owned By Institutions | 82.42 % | |||
| Number Of Shares Shorted | 11.04 M | |||
| Price To Earning | 55.84 X | |||
| Price To Book | 7.33 X | |||
| Price To Sales | 4.81 X | |||
| Revenue | 5.76 B | |||
| Gross Profit | 4.76 B | |||
| EBITDA | 1.55 B | |||
| Net Income | 555.6 M | |||
| Cash And Equivalents | 842.47 M | |||
| Cash Per Share | 2.87 X | |||
| Total Debt | 1.95 B | |||
| Debt To Equity | 0.53 % | |||
| Current Ratio | 1.51 X | |||
| Book Value Per Share | 12.96 X | |||
| Cash Flow From Operations | 1.77 B | |||
| Short Ratio | 4.68 X | |||
| Earnings Per Share | 1.70 X | |||
| Price To Earnings To Growth | 1.91 X | |||
| Number Of Employees | 25.15 K | |||
| Beta | 0.81 | |||
| Market Capitalization | 27.74 B | |||
| Total Asset | 789.14 M | |||
| Retained Earnings | 4.01 B | |||
| Working Capital | 282.13 M | |||
| Current Asset | 457.55 M | |||
| Current Liabilities | 175.41 M | |||
| Z Score | 25.69 | |||
| Last Dividend Paid | 1.08 |
About Cerner Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cerner Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cerner Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cerner Corp 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 Cerner Corp
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 Cerner Corp 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 Cerner Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Cerner Stock
| 0.67 | MTHRF | M3 Inc | PairCorr |
Moving against Cerner Stock
| 0.82 | KEP | Korea Electric Power | PairCorr |
| 0.74 | GEHC | GE HealthCare Techno | PairCorr |
| 0.68 | VEEV | Veeva Systems Class Financial Report 29th of May 2024 | PairCorr |
| 0.68 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
| 0.63 | TM | Toyota Motor Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Cerner Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cerner Corp 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 Cerner Corp - 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 Cerner Corp to buy it.
The correlation of Cerner Corp 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 Cerner Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cerner Corp 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 Cerner Corp 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. 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Cerner Stock
If you are still planning to invest in Cerner Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cerner Corp's history and understand the potential risks before investing.
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