Juggernaut Exploration Stock Z Score
JUGR Stock | CAD 0.07 0.01 7.14% |
Juggernaut | Z Score |
Juggernaut Z Score Analysis
Juggernaut Exploration'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..
More About Z Score | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Cash | 1.9M | 468.7K | 539.0K | 1.1M | Accounts Payable | 143.9K | 350.3K | 402.8K | 423.0K |
Z Score | = | Sum Of | | 5 Factors |
Current Juggernaut Exploration Z Score | -2.82 |
Most of Juggernaut Exploration'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, Juggernaut Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
Juggernaut Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Juggernaut Exploration is extremely important. It helps to project a fair market value of Juggernaut Stock properly, considering its historical fundamentals such as Z Score. Since Juggernaut Exploration's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Juggernaut Exploration's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Juggernaut Exploration's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Juggernaut Exploration has a Z Score of -2.82. This is 212.35% lower than that of the Metals & Mining sector and 226.46% lower than that of the Materials industry. The z score for all Canada stocks is 132.34% higher than that of the company.
Juggernaut Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Juggernaut Exploration'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 Juggernaut Exploration could also be used in its relative valuation, which is a method of valuing Juggernaut Exploration by comparing valuation metrics of similar companies.Juggernaut Exploration is currently under evaluation in z score category among related companies.
Juggernaut Fundamentals
Return On Equity | -0.49 | ||||
Return On Asset | -0.34 | ||||
Current Valuation | 4.56 M | ||||
Shares Outstanding | 79.04 M | ||||
Shares Owned By Insiders | 0.68 % | ||||
Shares Owned By Institutions | 20.25 % | ||||
Number Of Shares Shorted | 403 | ||||
Price To Book | 0.43 X | ||||
Gross Profit | (154.47 K) | ||||
EBITDA | (1.51 M) | ||||
Net Income | (6.6 M) | ||||
Cash And Equivalents | 1.54 M | ||||
Cash Per Share | 0.02 X | ||||
Current Ratio | 7.30 X | ||||
Book Value Per Share | 0.16 X | ||||
Cash Flow From Operations | (923.65 K) | ||||
Short Ratio | 0.73 X | ||||
Earnings Per Share | (0.14) X | ||||
Beta | 1.02 | ||||
Market Capitalization | 5.53 M | ||||
Total Asset | 11.59 M | ||||
Retained Earnings | (20.44 M) | ||||
Working Capital | 758.96 K | ||||
Z Score | -2.82 | ||||
Net Asset | 11.59 M |
About Juggernaut Exploration Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Juggernaut Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Juggernaut Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Juggernaut Exploration 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.Juggernaut Exploration Ltd. acquires, explores, and evaluates mineral resource properties in Canada. Juggernaut Exploration Ltd. was incorporated in 2006 and is based in Vancouver, Canada. JUGGERNAUT EXPLORATION operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture 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 Juggernaut Exploration 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, Juggernaut Exploration's short interest history, or implied volatility extrapolated from Juggernaut Exploration 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 Juggernaut Exploration Piotroski F Score and Juggernaut Exploration Valuation analysis. Note that the Juggernaut Exploration information on this page should be used as a complementary analysis to other Juggernaut Exploration'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 CEOs Directory module to screen CEOs from public companies around the world.
Complementary Tools for Juggernaut Stock analysis
When running Juggernaut Exploration's price analysis, check to measure Juggernaut Exploration'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 Juggernaut Exploration is operating at the current time. Most of Juggernaut Exploration's value examination focuses on studying past and present price action to predict the probability of Juggernaut Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Juggernaut Exploration's price. Additionally, you may evaluate how the addition of Juggernaut Exploration to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |