Ipower Inc Etf Z Score

IPW Etf  USD 0.57  0.05  9.62%   
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 IPower Piotroski F Score and Portfolio Optimization analysis.
  

IPower Z Score Analysis

IPower'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 IPower Z Score

    
  1.57  
Most of IPower'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, IPower Inc 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

IPower Z Score Component Assessment

According to the company's disclosures, IPower Inc has a Z Score of 1.57. This is much higher than that of the Category family and significantly higher than that of the Family category. The z score for all United States etfs is notably lower than that of the firm.

IPower Z Score Peer Comparison

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

IPower Institutional Holders

Institutional Holdings refers to the ownership stake in IPower that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of IPower's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing IPower's value.
Shares
Vanguard Group Inc2023-12-31
433.3 K
Geode Capital Management, Llc2023-12-31
94.1 K
Renaissance Technologies Corp2023-12-31
12.1 K
Tower Research Capital Llc2023-12-31
6.2 K
Ubs Group Ag2023-12-31
796
Royal Bank Of Canada2023-12-31
135
Wells Fargo & Co2023-12-31
105
Jpmorgan Chase & Co2023-12-31
21.0
Bank Of America Corp2023-12-31
8.0
Blackrock Inc2023-09-30
0.0
Two Sigma Securities, Llc2023-09-30
0.0

Fund Asset Allocation for IPower

The fund consists of 97.41% investments in stocks, with the rest of investments allocated between various types of exotic instruments.
Asset allocation divides IPower's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

IPower Fundamentals

About IPower Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze IPower Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IPower using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of IPower Inc 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.
iPower Inc. operates as an online retailer and supplier of hydroponics equipment and accessories for commercial businesses and individuals in the United States. Ipower is listed under Internet Retail in the United States and is traded on NASDAQ Exchange 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 IPower 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, IPower's short interest history, or implied volatility extrapolated from IPower options trading.

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Check out IPower Piotroski F Score and Portfolio Optimization analysis.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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When running IPower's price analysis, check to measure IPower'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 IPower is operating at the current time. Most of IPower's value examination focuses on studying past and present price action to predict the probability of IPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IPower's price. Additionally, you may evaluate how the addition of IPower to your portfolios can decrease your overall portfolio volatility.
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The market value of IPower Inc is measured differently than its book value, which is the value of IPower that is recorded on the company's balance sheet. Investors also form their own opinion of IPower's value that differs from its market value or its book value, called intrinsic value, which is IPower'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 IPower's market value can be influenced by many factors that don't directly affect IPower'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 IPower's value and its price as these two are different measures arrived at by different means. Investors typically determine if IPower is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IPower'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.