Natcore Z Score

NTCXF -  USA Stock  

USD 0.0011  0.00  0.00%

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. Additionally, see Natcore Technology Piotroski F Score and Natcore Technology Valuation analysis.

Natcore Z Score 

 
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Natcore Z Score Analysis

Natcore Technology'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 Natcore Technology Z Score

    
  -29.7  
Most of Natcore Technology'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, Natcore Technology 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 Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

Based on the company's disclosures, Natcore Technology has a Z Score of -29.7. This is 320.82% lower than that of the Technology sector and notably lower than that of the Solar industry. The z score for all United States stocks is notably higher than that of the company.

Natcore Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Natcore Technology's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Natcore Technology could also be used in its relative valuation, which is a method of valuing Natcore Technology by comparing valuation metrics of similar companies.
Natcore Technology is currently under evaluation in z score category among related companies.

Natcore Technology Institutional Holders

Institutional Holdings refers to the ownership stake in Natcore Technology that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Natcore Technology'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 Natcore Technology's value.
Security TypeSharesValue
Associated BanccorpCommon Shares25 KK
Associated BanccorpCommon Shares25 KK
Associated BanccorpCommon Shares25 KK
Associated BanccorpCommon Shares25 KK
Reliance Trust Co Of DelawareCommon Shares46.8 K15 K
Reliance Trust Co Of DelawareCommon Shares46.8 K23 K
Reliance Trust Co Of DelawareCommon Shares46.8 K15 K

Natcore Fundamentals

About Natcore Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Natcore Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Natcore Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Natcore Technology 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.
Natcore Technology Inc., a research and development company, develops and owns technology for the manufacturing of solar cells. Natcore Technology Inc. was founded in 2007 and is headquartered in Delray Beach, Florida. Natcore Technology operates under Solar classification in the United States and is traded on OTC Exchange.

Natcore Technology Investors Sentiment

The influence of Natcore Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Natcore. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Natcore Technology 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, Natcore Technology's short interest history, or implied volatility extrapolated from Natcore Technology options trading.

Current Sentiment - NTCXF

Natcore Technology Investor Sentiment

Most of Macroaxis users are now bullish on Natcore Technology. What is your trading attitude regarding investing in Natcore Technology? Are you bullish or bearish?
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2% Bearish
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Additionally, see Natcore Technology Piotroski F Score and Natcore Technology Valuation analysis. Note that the Natcore Technology information on this page should be used as a complementary analysis to other Natcore Technology'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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Natcore Technology price analysis, check to measure Natcore Technology'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 Natcore Technology is operating at the current time. Most of Natcore Technology's value examination focuses on studying past and present price action to predict the probability of Natcore Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Natcore Technology's price. Additionally, you may evaluate how the addition of Natcore Technology to your portfolios can decrease your overall portfolio volatility.
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Is Natcore Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Natcore Technology. If investors know Natcore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Natcore Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Natcore Technology is measured differently than its book value, which is the value of Natcore that is recorded on the company's balance sheet. Investors also form their own opinion of Natcore Technology's value that differs from its market value or its book value, called intrinsic value, which is Natcore Technology'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 Natcore Technology's market value can be influenced by many factors that don't directly affect Natcore Technology'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 Natcore Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Natcore Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natcore Technology'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.