Vetanove Z Score

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 World Market Map.

Vetanove Z Score 

 
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Vetanove Z Score Analysis

Vetanove'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 )
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

As per the company's disclosures, Vetanove has a Z Score of 0.0. This is 100.0% lower than that of the Real Estate sector and 100.0% lower than that of the Real Estate Services industry. The z score for all United States stocks is 100.0% higher than that of the company.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Vetanove Fundamentals

About Vetanove Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Vetanove's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vetanove using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vetanove 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.
VetaNova Inc. engages in the process of identifying properties to purchase, rehabilitate, and lease to tenants. As of June 19, 2020, VetaNova Inc. operates as a subsidiary of VitaNova Partners, LLC. Vetanove is traded on OTC Exchange in the United States.

Vetanove Investors Sentiment

The influence of Vetanove'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 Vetanove. 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 Vetanove 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, Vetanove's short interest history, or implied volatility extrapolated from Vetanove options trading.

Current Sentiment - VTNA

Vetanove Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in Vetanove. What is your outlook on investing in Vetanove? Are you bullish or bearish?
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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..
Also, please take a look at World Market Map. Note that the Vetanove information on this page should be used as a complementary analysis to other Vetanove'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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Vetanove price analysis, check to measure Vetanove'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 Vetanove is operating at the current time. Most of Vetanove's value examination focuses on studying past and present price action to predict the probability of Vetanove's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Vetanove's price. Additionally, you may evaluate how the addition of Vetanove to your portfolios can decrease your overall portfolio volatility.
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Is Vetanove'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 Vetanove. If investors know Vetanove 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 Vetanove 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 Vetanove is measured differently than its book value, which is the value of Vetanove that is recorded on the company's balance sheet. Investors also form their own opinion of Vetanove's value that differs from its market value or its book value, called intrinsic value, which is Vetanove'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 Vetanove's market value can be influenced by many factors that don't directly affect Vetanove'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 Vetanove's value and its price as these two are different measures arrived at by different means. Investors typically determine Vetanove value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vetanove'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.