Danieli Z Score

DNIYY -  USA Stock  

USD 18.95  0.000001  0.00%

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. Continue to Danieli Spa Piotroski F Score and Danieli Spa Valuation analysis.

Danieli Z Score 

 
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Danieli Z Score Analysis

Danieli Spa'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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Danieli Spa Z Score

    
  1.8  
Most of Danieli Spa'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, Danieli Spa 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 )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, Danieli Spa has a Z Score of 1.8. This is 55.77% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The z score for all United States stocks is 79.36% higher than that of the company.

Danieli Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danieli Spa's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Danieli Spa could also be used in its relative valuation, which is a method of valuing Danieli Spa by comparing valuation metrics of similar companies.
Danieli Spa is currently under evaluation in z score category among related companies.

Danieli Spa Institutional Holders

Institutional Holdings refers to the ownership stake in Danieli Spa that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Danieli Spa'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 Danieli Spa's value.
Security TypeSharesValue
Weaver C Barksdale Associates IncCommon Shares43.01000
Lombardia Capital Partners LlcCommon Shares910.6 K12.2 M
Weaver C Barksdale Associates IncCommon Shares43.01000
Lombardia Capital Partners LlcCommon Shares910.6 K12.6 M
Weaver C Barksdale Associates IncCommon Shares43.01000
Lombardia Capital Partners LlcCommon Shares948.7 K14.9 M
Weaver C Barksdale Associates IncCommon Shares43.01000

Danieli Fundamentals

About Danieli Spa Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Danieli Spa's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danieli Spa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danieli Spa 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.
Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. The company was founded in 1914 and is based in Buttrio, Italy. Danieli Spa operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 8591 people.

Danieli Spa Investors Sentiment

The influence of Danieli Spa's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Danieli. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Danieli Spa 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, Danieli Spa's short interest history, or implied volatility extrapolated from Danieli Spa options trading.

Current Sentiment - DNIYY

Danieli Spa Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Danieli Spa. What is your opinion about investing in Danieli Spa? Are you bullish or bearish?
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Pair Trading with Danieli Spa

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 Danieli Spa 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 Danieli Spa will appreciate offsetting losses from the drop in the long position's value.

Danieli Spa Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Danieli Spa and General Electric. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Danieli Spa Piotroski F Score and Danieli Spa Valuation analysis. Note that the Danieli Spa information on this page should be used as a complementary analysis to other Danieli Spa'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Danieli Spa price analysis, check to measure Danieli Spa'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 Danieli Spa is operating at the current time. Most of Danieli Spa's value examination focuses on studying past and present price action to predict the probability of Danieli Spa's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Danieli Spa's price. Additionally, you may evaluate how the addition of Danieli Spa to your portfolios can decrease your overall portfolio volatility.
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Is Danieli Spa'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 Danieli Spa. If investors know Danieli 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 Danieli Spa listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Danieli Spa is measured differently than its book value, which is the value of Danieli that is recorded on the company's balance sheet. Investors also form their own opinion of Danieli Spa's value that differs from its market value or its book value, called intrinsic value, which is Danieli Spa'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 Danieli Spa's market value can be influenced by many factors that don't directly affect Danieli Spa'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 Danieli Spa's value and its price as these two are different measures arrived at by different means. Investors typically determine Danieli Spa value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danieli Spa'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.