Rezolute Stock Z Score

RZLT Stock  USD 3.95  1.21  23.45%   
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 Rezolute Piotroski F Score and Rezolute Valuation analysis.
For more information on how to buy Rezolute Stock please use our How to Invest in Rezolute guide.
  
At this time, Rezolute's Capital Lease Obligations is comparatively stable compared to the past year. Net Invested Capital is likely to gain to about 140.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 13.5 M in 2024. At this time, Rezolute's Interest Expense is comparatively stable compared to the past year. Other Operating Expenses is likely to gain to about 67.6 M in 2024, whereas Gross Profit is likely to drop (461.3 K) in 2024.

Rezolute Company Z Score Analysis

Rezolute'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

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 )

Rezolute Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Rezolute is extremely important. It helps to project a fair market value of Rezolute Stock properly, considering its historical fundamentals such as Z Score. Since Rezolute'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 Rezolute'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 Rezolute's interrelated accounts and indicators.
1.0-0.57-0.860.760.270.99-0.010.230.47-0.370.13-0.061.0-0.21-0.390.79-0.341.00.99-0.74-0.63-0.63
1.0-0.58-0.840.750.20.99-0.040.210.45-0.360.12-0.051.0-0.22-0.430.78-0.31.00.99-0.71-0.62-0.62
-0.57-0.580.43-0.02-0.03-0.640.02-0.15-0.210.31-0.010.22-0.580.150.160.050.23-0.58-0.650.45-0.04-0.04
-0.86-0.840.43-0.78-0.57-0.86-0.16-0.31-0.640.49-0.20.12-0.820.07-0.01-0.710.71-0.83-0.840.860.480.48
0.760.75-0.02-0.780.340.70.14-0.070.66-0.410.480.310.730.04-0.090.9-0.420.720.68-0.52-0.73-0.73
0.270.2-0.03-0.570.340.270.360.320.41-0.260.08-0.230.190.070.370.26-0.590.230.25-0.49-0.14-0.14
0.990.99-0.64-0.860.70.27-0.010.270.45-0.360.1-0.120.99-0.21-0.390.73-0.350.991.0-0.75-0.58-0.58
-0.01-0.040.02-0.160.140.36-0.010.060.23-0.210.14-0.08-0.050.10.350.01-0.47-0.07-0.050.23-0.04-0.04
0.230.21-0.15-0.31-0.070.320.270.06-0.370.53-0.66-0.860.240.11-0.20.19-0.340.260.28-0.37-0.13-0.13
0.470.45-0.21-0.640.660.410.450.23-0.37-0.790.560.320.410.080.310.39-0.580.410.41-0.46-0.26-0.26
-0.37-0.360.310.49-0.41-0.26-0.36-0.210.53-0.79-0.51-0.41-0.320.41-0.26-0.190.32-0.31-0.330.410.140.14
0.130.12-0.01-0.20.480.080.10.14-0.660.56-0.510.780.090.140.370.12-0.210.080.07-0.04-0.16-0.16
-0.06-0.050.220.120.31-0.23-0.12-0.08-0.860.32-0.410.78-0.06-0.150.210.060.26-0.09-0.120.23-0.01-0.01
1.01.0-0.58-0.820.730.190.99-0.050.240.41-0.320.09-0.06-0.23-0.460.78-0.271.00.99-0.71-0.63-0.63
-0.21-0.220.150.070.040.07-0.210.10.110.080.410.14-0.15-0.230.31-0.15-0.35-0.23-0.230.240.110.11
-0.39-0.430.16-0.01-0.090.37-0.390.35-0.20.31-0.260.370.21-0.460.31-0.39-0.55-0.45-0.420.030.290.29
0.790.780.05-0.710.90.260.730.010.190.39-0.190.120.060.78-0.15-0.39-0.230.770.71-0.54-0.79-0.79
-0.34-0.30.230.71-0.42-0.59-0.35-0.47-0.34-0.580.32-0.210.26-0.27-0.35-0.55-0.23-0.28-0.310.540.150.15
1.01.0-0.58-0.830.720.230.99-0.070.260.41-0.310.08-0.091.0-0.23-0.450.77-0.281.0-0.73-0.62-0.62
0.990.99-0.65-0.840.680.251.0-0.050.280.41-0.330.07-0.120.99-0.23-0.420.71-0.311.0-0.74-0.57-0.57
-0.74-0.710.450.86-0.52-0.49-0.750.23-0.37-0.460.41-0.040.23-0.710.240.03-0.540.54-0.73-0.740.390.39
-0.63-0.62-0.040.48-0.73-0.14-0.58-0.04-0.13-0.260.14-0.16-0.01-0.630.110.29-0.790.15-0.62-0.570.391.0
-0.63-0.62-0.040.48-0.73-0.14-0.58-0.04-0.13-0.260.14-0.16-0.01-0.630.110.29-0.790.15-0.62-0.570.391.0
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

Based on the company's disclosures, Rezolute has a Z Score of 0.0. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.

Rezolute ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Rezolute's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Rezolute's managers, analysts, and investors.
Environmental
Governance
Social

Rezolute Institutional Holders

Institutional Holdings refers to the ownership stake in Rezolute that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Rezolute'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 Rezolute's value.
Shares
Blackrock Inc2024-03-31
354.9 K
Geode Capital Management, Llc2024-03-31
337.2 K
Renaissance Technologies Corp2024-03-31
330.1 K
Rosalind Advisors, Inc.2024-03-31
200 K
Bvf Inc2024-03-31
190.8 K
Silverarc Capital Management, Llc2024-03-31
152 K
Stonepine Capital Management Llc2024-03-31
121.5 K
Acadian Asset Management Llc2024-03-31
90.3 K
Northern Trust Corp2024-03-31
67.2 K
Federated Hermes Inc2024-03-31
10.2 M
Nantahala Capital Management, Llc2024-03-31
M

Rezolute Fundamentals

About Rezolute Fundamental Analysis

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

Pair Trading with Rezolute

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Rezolute position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Rezolute will appreciate offsetting losses from the drop in the long position's value.

Moving against Rezolute Stock

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The ability to find closely correlated positions to Rezolute could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Rezolute when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Rezolute - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Rezolute to buy it.
The correlation of Rezolute is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Rezolute moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Rezolute moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Rezolute can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Rezolute Stock Analysis

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