Cms Energy Stock Z Score
CMS Stock | USD 58.25 1.36 2.39% |
CMS | Z Score |
CMS Energy Company Z Score Analysis
CMS Energy'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
CMS Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for CMS Energy is extremely important. It helps to project a fair market value of CMS Stock properly, considering its historical fundamentals such as Z Score. Since CMS Energy'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 CMS Energy'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 CMS Energy's interrelated accounts and indicators.
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, CMS Energy has a Z Score of 0.0. This is 100.0% lower than that of the Multi-Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
CMS Energy ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CMS Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CMS Energy's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
CMS Energy Institutional Holders
Institutional Holdings refers to the ownership stake in CMS Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CMS Energy'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 CMS Energy's value.Shares | T. Rowe Price Associates, Inc. | 2023-12-31 | 5.3 M | Amvescap Plc. | 2023-12-31 | 4.7 M | Pictet Asset Manangement Sa | 2023-12-31 | 4.5 M | Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 4.3 M | Amundi | 2023-12-31 | 4.1 M | Bank Of New York Mellon Corp | 2023-12-31 | 4 M | Legal & General Group Plc | 2023-12-31 | 3.9 M | Exoduspoint Capital Management, Lp | 2023-12-31 | 3.9 M | Massachusetts Financial Services Company | 2023-12-31 | 3.5 M | Vanguard Group Inc | 2023-12-31 | 37 M | Blackrock Inc | 2023-12-31 | 29.3 M |
CMS Fundamentals
Return On Equity | 0.1 | ||||
Return On Asset | 0.0273 | ||||
Profit Margin | 0.12 % | ||||
Operating Margin | 0.23 % | ||||
Current Valuation | 33 B | ||||
Shares Outstanding | 298.62 M | ||||
Shares Owned By Insiders | 0.48 % | ||||
Shares Owned By Institutions | 96.24 % | ||||
Number Of Shares Shorted | 11.66 M | ||||
Price To Earning | 20.03 X | ||||
Price To Book | 2.35 X | ||||
Price To Sales | 2.31 X | ||||
Revenue | 7.46 B | ||||
Gross Profit | 2.76 B | ||||
EBITDA | 2.78 B | ||||
Net Income | 808 M | ||||
Cash And Equivalents | 164 M | ||||
Cash Per Share | 0.58 X | ||||
Total Debt | 15.64 B | ||||
Debt To Equity | 1.83 % | ||||
Current Ratio | 2.03 X | ||||
Book Value Per Share | 24.86 X | ||||
Cash Flow From Operations | 2.31 B | ||||
Short Ratio | 4.08 X | ||||
Earnings Per Share | 3.01 X | ||||
Price To Earnings To Growth | 2.23 X | ||||
Target Price | 62.66 | ||||
Number Of Employees | 8.36 K | ||||
Beta | 0.38 | ||||
Market Capitalization | 16.99 B | ||||
Total Asset | 33.52 B | ||||
Retained Earnings | 1.66 B | ||||
Working Capital | (56 M) | ||||
Current Asset | 3 B | ||||
Current Liabilities | 1.75 B | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 2.71 % | ||||
Net Asset | 33.52 B | ||||
Last Dividend Paid | 1.95 |
About CMS Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CMS Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CMS Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CMS Energy 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 CMS Energy
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 CMS Energy 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 CMS Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with CMS Stock
0.8 | D | Dominion Energy Buyout Trend | PairCorr |
0.84 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
0.79 | FE | FirstEnergy Financial Report 25th of April 2024 | PairCorr |
Moving against CMS Stock
0.66 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
0.44 | EDN | Empresa Distribuidora Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to CMS Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CMS Energy 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 CMS Energy - 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 CMS Energy to buy it.
The correlation of CMS Energy 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 CMS Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CMS Energy 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 CMS Energy 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 CMS Energy Piotroski F Score and CMS Energy Valuation analysis. For more information on how to buy CMS Stock please use our How to Invest in CMS Energy guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for CMS Stock analysis
When running CMS Energy's price analysis, check to measure CMS Energy'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 CMS Energy is operating at the current time. Most of CMS Energy's value examination focuses on studying past and present price action to predict the probability of CMS Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CMS Energy's price. Additionally, you may evaluate how the addition of CMS Energy to your portfolios can decrease your overall portfolio volatility.
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is CMS Energy'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 CMS Energy. If investors know CMS 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 CMS Energy 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 0.805 | Dividend Share 1.95 | Earnings Share 3.01 | Revenue Per Share 25.625 | Quarterly Revenue Growth (0.14) |
The market value of CMS Energy is measured differently than its book value, which is the value of CMS that is recorded on the company's balance sheet. Investors also form their own opinion of CMS Energy's value that differs from its market value or its book value, called intrinsic value, which is CMS Energy'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 CMS Energy's market value can be influenced by many factors that don't directly affect CMS Energy'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 CMS Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if CMS Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CMS Energy'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.