Eastern Z Score

EATR -  USA Stock  

USD 0.0001  0.00  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 Eastern Asteria Piotroski F Score and Eastern Asteria Valuation analysis.

Eastern Z Score 

 
Refresh

Eastern Z Score Analysis

Eastern Asteria'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
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, Eastern Asteria has a Z Score of 0.0. This is 100.0% lower than that of the Consumer Cyclical sector and 100.0% lower than that of the Luxury Goods industry. The z score for all United States stocks is 100.0% higher than that of the company.

Eastern Z Score Peer Comparison

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

Eastern Fundamentals

About Eastern Asteria Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastern Asteria's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastern Asteria using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastern Asteria 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.
Eastern Asteria, Inc., through its subsidiaries, engages in the wholesale and retail of gemstones, jewelry, minerals, and accessories in the United States and internationally. Eastern Asteria, Inc. was incorporated in 1996 and is headquartered in Boca Raton, Florida. Eastern Asteria operates under Luxury Goods classification in the United States and is traded on OTC Exchange. It employs 2 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Eastern Asteria without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Exposure Probability Now

   

Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
All  Next Launch Module

Pair Trading with Eastern Asteria

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 Eastern Asteria 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 Eastern Asteria will appreciate offsetting losses from the drop in the long position's value.

Eastern Asteria Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Eastern Asteria and Lvmh Moet Henn. 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 Eastern Asteria Piotroski F Score and Eastern Asteria Valuation analysis. Note that the Eastern Asteria information on this page should be used as a complementary analysis to other Eastern Asteria'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Eastern OTC Stock analysis

When running Eastern Asteria price analysis, check to measure Eastern Asteria'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 Eastern Asteria is operating at the current time. Most of Eastern Asteria's value examination focuses on studying past and present price action to predict the probability of Eastern Asteria's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Eastern Asteria's price. Additionally, you may evaluate how the addition of Eastern Asteria to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Is Eastern Asteria'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 Eastern Asteria. If investors know Eastern 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 Eastern Asteria 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 Eastern Asteria is measured differently than its book value, which is the value of Eastern that is recorded on the company's balance sheet. Investors also form their own opinion of Eastern Asteria's value that differs from its market value or its book value, called intrinsic value, which is Eastern Asteria'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 Eastern Asteria's market value can be influenced by many factors that don't directly affect Eastern Asteria'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 Eastern Asteria's value and its price as these two are different measures arrived at by different means. Investors typically determine Eastern Asteria value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastern Asteria'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.