Hemp Inc Stock Z Score
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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemp Inc. 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.
Hemp |
Hemp Inc Company Z Score Analysis
Hemp'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 Hemp Z Score | -5.6 |
Most of Hemp'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, Hemp Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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, Hemp Inc has a Z Score of -5.6. This is 182.96% lower than that of the Healthcare sector and significantly lower than that of the Drug Manufacturers—Specialty & Generic industry. The z score for all United States stocks is 164.22% higher than that of the company.
Hemp Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hemp's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Hemp could also be used in its relative valuation, which is a method of valuing Hemp by comparing valuation metrics of similar companies.Hemp is currently under evaluation in z score category among related companies.
Hemp Fundamentals
| Return On Equity | -0.74 | |||
| Return On Asset | -0.0558 | |||
| Operating Margin | (34.40) % | |||
| Current Valuation | 58.4 M | |||
| Shares Outstanding | 17.66 B | |||
| Price To Earning | (2.32) X | |||
| Price To Sales | 53.18 X | |||
| Revenue | 116.22 K | |||
| Gross Profit | 20.45 K | |||
| Net Income | (25.36 M) | |||
| Cash And Equivalents | 115.74 K | |||
| Total Debt | 30.22 M | |||
| Debt To Equity | 2.18 % | |||
| Current Ratio | 31.20 X | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (15.14 M) | |||
| Earnings Per Share | (0) X | |||
| Number Of Employees | 12 | |||
| Beta | 1.84 | |||
| Market Capitalization | 7.06 M | |||
| Total Asset | 7.32 M | |||
| Retained Earnings | (31.97 M) | |||
| Working Capital | 944 K | |||
| Current Asset | 1.12 M | |||
| Current Liabilities | 173 K | |||
| Z Score | -5.6 |
About Hemp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hemp Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hemp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hemp Inc 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.
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 Hemp 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, Hemp's short interest history, or implied volatility extrapolated from Hemp options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hemp Inc. 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Hemp Pink Sheet analysis
When running Hemp's price analysis, check to measure Hemp'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 Hemp is operating at the current time. Most of Hemp's value examination focuses on studying past and present price action to predict the probability of Hemp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hemp's price. Additionally, you may evaluate how the addition of Hemp to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |