Encompass Holdings Stock Z Score
| ECMH Stock | USD 0.0001 0.00 0.00% |
Encompass |
Encompass Holdings Company Z Score Analysis
Encompass Holdings' 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 Encompass Holdings Z Score | -5.6 |
Most of Encompass Holdings' 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, Encompass Holdings 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.
| Competition |
According to the company's disclosures, Encompass Holdings has a Z Score of -5.6. This is 273.37% lower than that of the Consumer Cyclical sector and 228.44% lower than that of the Leisure industry. The z score for all United States stocks is 164.22% higher than that of the company.
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Encompass Fundamentals
| Return On Asset | -0.0933 | |||
| Current Valuation | 69.56 K | |||
| Shares Outstanding | 695.57 M | |||
| Price To Sales | 0.73 X | |||
| EBITDA | (1.91 M) | |||
| Net Income | (9.48 M) | |||
| Cash And Equivalents | 1.41 K | |||
| Total Debt | 3.55 M | |||
| Current Ratio | 0.05 X | |||
| Book Value Per Share | (0.58) X | |||
| Cash Flow From Operations | (2 M) | |||
| Earnings Per Share | (0.93) X | |||
| Beta | -10.83 | |||
| Market Capitalization | 69.56 K | |||
| Total Asset | 9.96 M | |||
| Retained Earnings | (44.9 M) | |||
| Working Capital | (9.32 M) | |||
| Current Asset | 441 K | |||
| Current Liabilities | 9.76 M | |||
| Z Score | -5.6 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 9.96 M |
About Encompass Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Encompass Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Encompass Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Encompass Holdings 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 Encompass Holdings
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 Encompass Holdings 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 Encompass Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Encompass Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Encompass Holdings 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 Encompass Holdings - 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 Encompass Holdings to buy it.
The correlation of Encompass Holdings 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 Encompass Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Encompass Holdings 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 Encompass Holdings 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Encompass Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Encompass Pink Sheet analysis
When running Encompass Holdings' price analysis, check to measure Encompass Holdings' 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 Encompass Holdings is operating at the current time. Most of Encompass Holdings' value examination focuses on studying past and present price action to predict the probability of Encompass Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Encompass Holdings' price. Additionally, you may evaluate how the addition of Encompass Holdings to your portfolios can decrease your overall portfolio volatility.
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