Cmoney Inc Stock Z Score
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 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 income.
CMoney |
CMoney Inc Company Z Score Analysis
CMoney'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..
Current CMoney Z Score | 0.03 |
Most of CMoney'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, CMoney Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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.
CompetitionIn accordance with the company's disclosures, CMoney Inc has a Z Score of 0.03. This is much higher than that of the sector and significantly higher than that of the Z Score industry. The z score for all United States stocks is notably lower than that of the firm.
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CMoney Fundamentals
Current Valuation | 13.4 K | |||
Shares Outstanding | 125.18 M | |||
Net Income | (1.47 M) | |||
Cash And Equivalents | 4.16 K | |||
Total Debt | 2.92 K | |||
Current Ratio | 0.02 X | |||
Cash Flow From Operations | (49.89 K) | |||
Beta | 12.95 | |||
Market Capitalization | 125 | |||
Retained Earnings | (2.18 M) | |||
Working Capital | (29 K) | |||
Current Liabilities | 29 K | |||
Z Score | 0.03 |
About CMoney Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CMoney Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CMoney using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CMoney 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.
Pair Trading with CMoney
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 CMoney 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 CMoney will appreciate offsetting losses from the drop in the long position's value.Moving together with CMoney Stock
0.65 | NVDA | NVIDIA Aggressive Push | PairCorr |
Moving against CMoney Stock
0.74 | AAPL | Apple Inc Report 2nd of May 2024 | PairCorr |
0.44 | PTAIF | PT Astra International | PairCorr |
The ability to find closely correlated positions to CMoney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CMoney 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 CMoney - 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 CMoney Inc to buy it.
The correlation of CMoney 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 CMoney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CMoney 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 CMoney 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 income. Note that the CMoney Inc information on this page should be used as a complementary analysis to other CMoney'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in CMoney Stock
If you are still planning to invest in CMoney Inc 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 CMoney's history and understand the potential risks before investing.
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