Chimera Investment Stock Z Score

CIM Stock  USD 4.54  0.12  2.71%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Chimera Investment Piotroski F Score and Chimera Investment Valuation analysis.
To learn how to invest in Chimera Stock, please use our How to Invest in Chimera Investment guide.
  
As of the 28th of March 2024, Capital Stock is likely to grow to about 2.8 M, while Capital Surpluse is likely to drop about 4.3 B. At this time, Chimera Investment's Net Income From Continuing Ops is very stable compared to the past year. As of the 28th of March 2024, Non Operating Income Net Other is likely to grow to about 151 M, while Interest Expense is likely to drop about 316 M.

Chimera Z Score Analysis

Chimera Investment'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..
 2021 2022 2023 2024 (projected)
Interest Income937.5M773.1M769.0M821.7M
Net Interest Income610.9M439.8M279.1M423.3M

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Chimera Investment Z Score

    
  -0.67  
Most of Chimera Investment'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, Chimera Investment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Chimera Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Chimera Investment is extremely important. It helps to project a fair market value of Chimera Stock properly, considering its historical fundamentals such as Z Score. Since Chimera Investment'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 Chimera Investment'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 Chimera Investment's interrelated accounts and indicators.
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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, Chimera Investment has a Z Score of -0.67. This is 148.91% lower than that of the Mortgage Real Estate Investment Trusts (REITs) sector and significantly lower than that of the Financials industry. The z score for all United States stocks is 107.68% higher than that of the company.

Chimera Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chimera Investment'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 Chimera Investment could also be used in its relative valuation, which is a method of valuing Chimera Investment by comparing valuation metrics of similar companies.
Chimera Investment is currently under evaluation in z score category among related companies.

Chimera Investment Institutional Holders

Institutional Holdings refers to the ownership stake in Chimera Investment that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Chimera Investment'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 Chimera Investment's value.
Shares
Goldman Sachs Group Inc2023-12-31
1.6 M
Norges Bank2023-12-31
1.6 M
Mirae Asset Global Investments (korea) Co Ltd2023-12-31
1.4 M
Van Eck Associates Corporation2023-12-31
1.4 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.4 M
Jpmorgan Chase & Co2023-12-31
1.1 M
Wolverine Asset Management Llc2023-12-31
1.1 M
Bank Of New York Mellon Corp2023-12-31
1.1 M
Citadel Advisors Llc2023-09-30
990.8 K
Vanguard Group Inc2023-12-31
22.6 M
Blackrock Inc2023-12-31
20.9 M

Chimera Fundamentals

About Chimera Investment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Chimera Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chimera Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chimera Investment 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.
Chimera Investment Corporation operates as a real estate investment trust in the United States. The company was incorporated in 2007 and is based in New York, New York. Chimera Investment operates under REITMortgage classification in the United States and is traded on New York Stock Exchange. It employs 38 people.
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 Chimera Investment 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, Chimera Investment's short interest history, or implied volatility extrapolated from Chimera Investment options trading.

Pair Trading with Chimera Investment

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 Chimera Investment 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 Chimera Investment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chimera Stock

  0.86DHIL Diamond Hill InvestmentPairCorr

Moving against Chimera Stock

  0.84CG Carlyle Group Financial Report 2nd of May 2024 PairCorr
  0.84IX Orix Corp Ads Financial Report 8th of May 2024 PairCorr
  0.82V Visa Class A Sell-off TrendPairCorr
  0.74MCAA Mountain I AcquisitionPairCorr
  0.67MCAG Mountain Crest AcquiPairCorr
The ability to find closely correlated positions to Chimera Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chimera Investment 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 Chimera Investment - 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 Chimera Investment to buy it.
The correlation of Chimera Investment 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 Chimera Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chimera Investment 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 Chimera Investment 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.
Pair CorrelationCorrelation Matching
When determining whether Chimera Investment is a strong investment it is important to analyze Chimera Investment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chimera Investment's future performance. For an informed investment choice regarding Chimera Stock, refer to the following important reports:
Check out Chimera Investment Piotroski F Score and Chimera Investment Valuation analysis.
To learn how to invest in Chimera Stock, please use our How to Invest in Chimera Investment guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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Is Chimera Investment'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 Chimera Investment. If investors know Chimera 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 Chimera Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.84)
Dividend Share
0.7
Earnings Share
0.23
Revenue Per Share
0.982
Quarterly Revenue Growth
(0.60)
The market value of Chimera Investment is measured differently than its book value, which is the value of Chimera that is recorded on the company's balance sheet. Investors also form their own opinion of Chimera Investment's value that differs from its market value or its book value, called intrinsic value, which is Chimera Investment'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 Chimera Investment's market value can be influenced by many factors that don't directly affect Chimera Investment'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 Chimera Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chimera Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chimera Investment'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.