Cybininc Stock Z Score
| CYBN Stock | USD 0.36 0.01 2.70% |
CybinInc | Z Score |
CybinInc Company Z Score Analysis
CybinInc'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..
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CybinInc Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for CybinInc is extremely important. It helps to project a fair market value of CybinInc Stock properly, considering its historical fundamentals such as Z Score. Since CybinInc'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 CybinInc'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 CybinInc'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, CybinInc has a Z Score of 0.0. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.
CybinInc Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CybinInc'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 CybinInc could also be used in its relative valuation, which is a method of valuing CybinInc by comparing valuation metrics of similar companies.CybinInc is currently under evaluation in z score category among related companies.
CybinInc Fundamentals
| Return On Equity | -0.79 | ||||
| Return On Asset | -0.44 | ||||
| Current Valuation | 242.82 M | ||||
| Shares Outstanding | 759.69 M | ||||
| Shares Owned By Insiders | 6.66 % | ||||
| Shares Owned By Institutions | 23.08 % | ||||
| Number Of Shares Shorted | 23.05 M | ||||
| Price To Book | 3.12 X | ||||
| Price To Sales | 278.25 X | ||||
| Gross Profit | (311 K) | ||||
| EBITDA | (54.69 M) | ||||
| Net Income | (47.49 M) | ||||
| Cash And Equivalents | 30.21 M | ||||
| Cash Per Share | 0.17 X | ||||
| Current Ratio | 7.84 X | ||||
| Book Value Per Share | 0.29 X | ||||
| Cash Flow From Operations | (47.43 M) | ||||
| Short Ratio | 2.73 X | ||||
| Earnings Per Share | (0.22) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 50 | ||||
| Beta | 0.96 | ||||
| Market Capitalization | 286.9 M | ||||
| Total Asset | 53.9 M | ||||
| Retained Earnings | (148.15 M) | ||||
| Working Capital | 17.52 M | ||||
| Net Asset | 53.9 M |
About CybinInc Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CybinInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CybinInc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CybinInc 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.
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 CybinInc 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, CybinInc's short interest history, or implied volatility extrapolated from CybinInc options trading.
Pair Trading with CybinInc
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 CybinInc 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 CybinInc will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to CybinInc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CybinInc 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 CybinInc - 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 CybinInc to buy it.
The correlation of CybinInc 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 CybinInc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CybinInc 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 CybinInc 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 CybinInc Piotroski F Score and CybinInc Valuation analysis. To learn how to invest in CybinInc Stock, please use our How to Invest in CybinInc guide.Note that the CybinInc information on this page should be used as a complementary analysis to other CybinInc'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for CybinInc Stock analysis
When running CybinInc's price analysis, check to measure CybinInc'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 CybinInc is operating at the current time. Most of CybinInc's value examination focuses on studying past and present price action to predict the probability of CybinInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CybinInc's price. Additionally, you may evaluate how the addition of CybinInc to your portfolios can decrease your overall portfolio volatility.
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Is CybinInc'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 CybinInc. If investors know CybinInc 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 CybinInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.22) | Return On Assets (0.44) | Return On Equity (0.79) |
The market value of CybinInc is measured differently than its book value, which is the value of CybinInc that is recorded on the company's balance sheet. Investors also form their own opinion of CybinInc's value that differs from its market value or its book value, called intrinsic value, which is CybinInc'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 CybinInc's market value can be influenced by many factors that don't directly affect CybinInc'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 CybinInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if CybinInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CybinInc'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.