Givot Olam Oil Stock Z Score

GIVO-L Stock   29.70  0.60  1.98%   
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. Check out GIVOT OLAM Piotroski F Score and GIVOT OLAM Valuation analysis.
  

GIVOT Z Score Analysis

GIVOT OLAM'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 GIVOT OLAM Z Score

    
  -9.9  
Most of GIVOT OLAM'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, GIVOT OLAM OIL 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 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, GIVOT OLAM OIL has a Z Score of -9.9. This is 543.95% lower than that of the Energy sector and notably lower than that of the Oil & Gas E&P industry. The z score for all Israel stocks is notably higher than that of the company.

GIVOT Z Score Peer Comparison

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

GIVOT Fundamentals

About GIVOT OLAM Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GIVOT OLAM OIL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GIVOT OLAM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GIVOT OLAM OIL 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.
Givot Olam Oil Exploration - Limited Partnership operates as an oil and gas exploration company in Israel. Givot Olam Oil Exploration - Limited Partnership was founded in 1992 and is based in Jerusalem, Israel. GIVOT OLAM operates under Oil Gas EP classification in Israel and is traded on Tel Aviv Stock Exchange.
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 GIVOT OLAM 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, GIVOT OLAM's short interest history, or implied volatility extrapolated from GIVOT OLAM options trading.

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Check out GIVOT OLAM Piotroski F Score and GIVOT OLAM Valuation analysis.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for GIVOT Stock analysis

When running GIVOT OLAM's price analysis, check to measure GIVOT OLAM'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 GIVOT OLAM is operating at the current time. Most of GIVOT OLAM's value examination focuses on studying past and present price action to predict the probability of GIVOT OLAM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GIVOT OLAM's price. Additionally, you may evaluate how the addition of GIVOT OLAM to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between GIVOT OLAM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GIVOT OLAM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GIVOT OLAM'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.