Joey New York Stock Z Score

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.

According to the company's disclosures, Joey New York has a Z Score of -24.4. This is 369.32% lower than that of the Personal Products sector and notably lower than that of the Consumer Staples industry. The z score for all United States stocks is notably higher than that of the company.

The Macroaxis Fundamental Analysis modules help investors analyze Joey New York's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Joey New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Joey New York 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.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joey New York. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Joey New York information on this page should be used as a complementary analysis to other Joey New'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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

When running Joey New's price analysis, check to measure Joey New'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 Joey New is operating at the current time. Most of Joey New's value examination focuses on studying past and present price action to predict the probability of Joey New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joey New's price. Additionally, you may evaluate how the addition of Joey New to your portfolios can decrease your overall portfolio volatility.