Fldm Etf Z Score
FLDM Etf | USD 3.71 0.34 8.40% |
FLDM |
FLDM Z Score Analysis
FLDM'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..
Current FLDM Z Score | -0.2 |
Most of FLDM'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, FLDM 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.
CompetitionFLDM Z Score Component Assessment
According to the company's disclosures, FLDM has a Z Score of -0.2. This is 102.96% lower than that of the Healthcare family and 106.01% lower than that of the Family category. The z score for all United States etfs is 102.29% higher than that of the company.
FLDM Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses FLDM's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of FLDM could also be used in its relative valuation, which is a method of valuing FLDM by comparing valuation metrics of similar companies.FLDM is currently under evaluation in z score as compared to similar ETFs.
FLDM Fundamentals
Return On Equity | -53.98 | |||
Return On Asset | -15.1 | |||
Profit Margin | (49.54) % | |||
Operating Margin | (53.39) % | |||
Current Valuation | 340.42 M | |||
Shares Outstanding | 76.49 M | |||
Shares Owned By Insiders | 1.91 % | |||
Shares Owned By Institutions | 91.50 % | |||
Number Of Shares Shorted | 5.43 M | |||
Price To Earning | (2.26) X | |||
Price To Book | 2.86 X | |||
Price To Sales | 2.07 X | |||
Revenue | 136.92 M | |||
Gross Profit | 46.87 M | |||
EBITDA | (69.33 M) | |||
Net Income | (67.83 M) | |||
Cash And Equivalents | 29.31 M | |||
Cash Per Share | 0.38 X | |||
Total Debt | 105.09 M | |||
Debt To Equity | 1.06 % | |||
Current Ratio | 1.55 X | |||
Book Value Per Share | 1.30 X | |||
Cash Flow From Operations | (40.79 M) | |||
Short Ratio | 8.98 X | |||
Earnings Per Share | (0.90) X | |||
Price To Earnings To Growth | 0.50 X | |||
Number Of Employees | 627 | |||
Beta | 1.22 | |||
Market Capitalization | 283.76 M | |||
Total Asset | 370.05 M | |||
Retained Earnings | (640.05 M) | |||
Working Capital | 114.01 M | |||
Current Asset | 144.09 M | |||
Current Liabilities | 30.08 M | |||
Z Score | -0.2 |
About FLDM Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FLDM's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FLDM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FLDM based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.Fluidigm Corporation creates, manufactures, and markets technologies and life sciences tools worldwide. Fluidigm Corporation was founded in 1999 and is headquartered in South San Francisco, California. Fluidigm Corp operates under Diagnostics Research classification in the United States and is traded on NASDAQ Exchange. It employs 627 people.
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Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the FLDM information on this page should be used as a complementary analysis to other FLDM'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for FLDM Etf analysis
When running FLDM's price analysis, check to measure FLDM'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 FLDM is operating at the current time. Most of FLDM's value examination focuses on studying past and present price action to predict the probability of FLDM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FLDM's price. Additionally, you may evaluate how the addition of FLDM to your portfolios can decrease your overall portfolio volatility.
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The market value of FLDM is measured differently than its book value, which is the value of FLDM that is recorded on the company's balance sheet. Investors also form their own opinion of FLDM's value that differs from its market value or its book value, called intrinsic value, which is FLDM'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 FLDM's market value can be influenced by many factors that don't directly affect FLDM'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 FLDM's value and its price as these two are different measures arrived at by different means. Investors typically determine if FLDM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FLDM'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.