Valore Metals Corp Stock Probability Of Bankruptcy
| VO Stock | CAD 0.07 0.01 7.14% |
ValOre | Probability Of Bankruptcy |
ValOre Metals Corp Company odds of financial turmoil Analysis
ValOre Metals' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current ValOre Metals Probability Of Bankruptcy | Over 72% |
Most of ValOre Metals' fundamental indicators, such as Probability Of Bankruptcy, 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, ValOre Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ValOre Metals probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting ValOre Metals odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of ValOre Metals Corp financial health.
ValOre Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for ValOre Metals is extremely important. It helps to project a fair market value of ValOre Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since ValOre Metals' 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 ValOre Metals' 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 ValOre Metals' interrelated accounts and indicators.
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The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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Based on the latest financial disclosure, ValOre Metals Corp has a Probability Of Bankruptcy of 72%. This is 62.38% higher than that of the Oil, Gas & Consumable Fuels sector and 63.23% higher than that of the Energy industry. The probability of bankruptcy for all Canada stocks is 80.77% lower than that of the firm.
ValOre Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ValOre Metals' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of ValOre Metals could also be used in its relative valuation, which is a method of valuing ValOre Metals by comparing valuation metrics of similar companies.ValOre Metals is currently under evaluation in probability of bankruptcy category among related companies.
ValOre Metals Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | (0.35) | (0.45) | (1.48) | 2.33 | 2.1 | 2.2 | |
| Net Debt | 771.6K | (2.5M) | (993.8K) | (1.2M) | (1.4M) | (1.5M) | |
| Total Current Liabilities | 1.9M | 316.9K | 1.8M | 1.1M | 967.6K | 1.0M | |
| Non Current Liabilities Total | 3.2M | 508.0K | 466.2K | 1.3M | 1.5M | 0.0 | |
| Total Assets | 10.7M | 12.6M | 12.4M | 10.3M | 9.3M | 8.8M | |
| Total Current Assets | 675.3K | 2.6M | 2.4M | 1.3M | 1.2M | 2.2M | |
| Total Cash From Operating Activities | (2.9M) | (5.1M) | (17.0M) | (6.5M) | (5.8M) | (5.5M) |
ValOre Fundamentals
| Return On Equity | 0.3 | ||||
| Return On Asset | -0.44 | ||||
| Current Valuation | 12.15 M | ||||
| Shares Outstanding | 173.84 M | ||||
| Shares Owned By Insiders | 21.34 % | ||||
| Shares Owned By Institutions | 11.86 % | ||||
| Number Of Shares Shorted | 30.52 K | ||||
| Price To Book | 1.66 X | ||||
| Gross Profit | (1.68 K) | ||||
| EBITDA | (7.46 M) | ||||
| Net Income | 24 M | ||||
| Cash And Equivalents | 1.23 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 600 K | ||||
| Current Ratio | 38.60 X | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (6.46 M) | ||||
| Short Ratio | 3.00 X | ||||
| Earnings Per Share | 0.15 X | ||||
| Target Price | 0.82 | ||||
| Beta | 1.35 | ||||
| Market Capitalization | 12.17 M | ||||
| Total Asset | 10.3 M | ||||
| Retained Earnings | (79.78 M) | ||||
| Working Capital | 272.03 K | ||||
| Net Asset | 10.3 M |
About ValOre Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ValOre Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ValOre Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ValOre Metals Corp 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.
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 ValOre Metals 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, ValOre Metals' short interest history, or implied volatility extrapolated from ValOre Metals options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ValOre Metals Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for ValOre Stock analysis
When running ValOre Metals' price analysis, check to measure ValOre Metals' 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 ValOre Metals is operating at the current time. Most of ValOre Metals' value examination focuses on studying past and present price action to predict the probability of ValOre Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ValOre Metals' price. Additionally, you may evaluate how the addition of ValOre Metals to your portfolios can decrease your overall portfolio volatility.
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