Zk International Z Score

ZKIN
 Stock
  

USD 0.95  0.08  7.77%   

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 Zk International Piotroski F Score and Zk International Valuation analysis.
  
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Zk International Z Score Analysis

Zk International'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, Zk International Group has a Z Score of 0.0. This is 100.0% lower than that of the Basic Materials sector and 100.0% lower than that of the Steel industry. The z score for all United States stocks is 100.0% higher than that of the company.

Zk International Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Zk International'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 Zk International could also be used in its relative valuation, which is a method of valuing Zk International by comparing valuation metrics of similar companies.
Zk International is currently under evaluation in z score category among related companies.

Zk International Institutional Holders

Institutional Holdings refers to the ownership stake in Zk International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Zk International'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 Zk International's value.
Security TypeSharesValue
Renaissance Technologies LlcCommon Shares159.4 K212 K
Group One Trading LpCommon Shares48.3 K65 K
Susquehanna International Group LlpCommon Shares25.9 K35 K
Millennium Management LlcCommon Shares20.1 K27 K
Citadel Advisors LlcCommon Shares18 K24 K
Susquehanna Fundamental Investments LlcCommon Shares14.6 K20 K
Ipg Investment Advisors LlcCommon Shares13 K17 K
Simplex Trading LlcPut OptionsKK
Concourse Financial Group Securities IncCall Options0.00.0

Zk International Fundamentals

About Zk International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Zk International Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zk International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zk International Group 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.
ZK International Group Co., Ltd., through its subsidiaries, engages in the designing, producing, and selling double-press thin-walled stainless steel, carbon steel, and single-press tubes and fittings in the Peoples Republic of China. ZK International Group Co., Ltd. was incorporated in 2015 and is based in Wenzhou, the Peoples Republic of China. Zk International operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 271 people.

Zk International Investors Sentiment

The influence of Zk International'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 Zk International. 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.

Zk International Implied Volatility

    
  0.0  
Zk International's implied volatility exposes the market's sentiment of Zk International Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zk International's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Zk International stock will not fluctuate a lot when Zk International's options are near their expiration.
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 Zk International 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, Zk International's short interest history, or implied volatility extrapolated from Zk International options trading.

Current Sentiment - ZKIN

Zk International Investor Sentiment

Macroaxis portfolio users are unemotional in their take regarding investing in Zk International Group. What is your take regarding investing in Zk International Group? Are you bullish or bearish?
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Check out Zk International Piotroski F Score and Zk International Valuation analysis. Note that the Zk International information on this page should be used as a complementary analysis to other Zk International'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Zk International'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 Zk International. If investors know Zk International 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 Zk International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.98
Market Capitalization
27.6 M
Quarterly Revenue Growth YOY
0.23
Return On Assets
-0.0208
Return On Equity
-0.0566
The market value of Zk International is measured differently than its book value, which is the value of Zk International that is recorded on the company's balance sheet. Investors also form their own opinion of Zk International's value that differs from its market value or its book value, called intrinsic value, which is Zk International'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 Zk International's market value can be influenced by many factors that don't directly affect Zk International'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 Zk International's value and its price as these two are different measures arrived at by different means. Investors typically determine Zk International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zk International'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.