Achieve Life Sciences Stock Z Score
| ACHV Stock | USD 4.29 0.04 0.92% |
Achieve | Z Score |
Achieve Life Sciences Company Z Score Analysis
Achieve Life'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..
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Achieve Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Achieve Life is extremely important. It helps to project a fair market value of Achieve Stock properly, considering its historical fundamentals such as Z Score. Since Achieve Life'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 Achieve Life'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 Achieve Life's interrelated accounts and indicators.
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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.
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In accordance with the company's disclosures, Achieve Life Sciences 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.
Achieve Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Achieve Life'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 Achieve Life could also be used in its relative valuation, which is a method of valuing Achieve Life by comparing valuation metrics of similar companies.Achieve Life is currently under evaluation in z score category among its peers.
Achieve Life 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, Achieve Life's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Achieve Life's managers, analysts, and investors.Environmental | Governance | Social |
Achieve Life Institutional Holders
Institutional Holdings refers to the ownership stake in Achieve Life that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Achieve Life'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 Achieve Life's value.| Shares | Northern Trust Corp | 2024-09-30 | 373.1 K | Long Focus Capital Management, Llc | 2024-09-30 | 248.1 K | Simplify Asset Management Inc. | 2024-09-30 | 217.8 K | Altium Capital Management, Lp | 2024-06-30 | 216.3 K | Lpl Financial Corp | 2024-06-30 | 188 K | Raymond James & Associates | 2024-09-30 | 143.3 K | Bank Of New York Mellon Corp | 2024-06-30 | 102.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 89.6 K | Wells Fargo & Co | 2024-06-30 | 75.9 K | Franklin Resources Inc | 2024-06-30 | 6.1 M | Propel Bio Management Llc | 2024-06-30 | 2.5 M |
Achieve Fundamentals
| Return On Equity | -1.86 | ||||
| Return On Asset | -0.54 | ||||
| Current Valuation | 114.47 M | ||||
| Shares Outstanding | 34.39 M | ||||
| Shares Owned By Insiders | 9.72 % | ||||
| Shares Owned By Institutions | 59.64 % | ||||
| Number Of Shares Shorted | 3.32 M | ||||
| Price To Earning | (0.03) X | ||||
| Price To Book | 4.70 X | ||||
| EBITDA | (26.73 M) | ||||
| Net Income | (29.82 M) | ||||
| Cash And Equivalents | 29.38 M | ||||
| Cash Per Share | 3.03 X | ||||
| Total Debt | 16.73 M | ||||
| Debt To Equity | 1.18 % | ||||
| Current Ratio | 5.81 X | ||||
| Book Value Per Share | 0.91 X | ||||
| Cash Flow From Operations | (24.48 M) | ||||
| Short Ratio | 33.44 X | ||||
| Earnings Per Share | (1.12) X | ||||
| Target Price | 16.44 | ||||
| Number Of Employees | 22 | ||||
| Beta | 1.58 | ||||
| Market Capitalization | 147.53 M | ||||
| Total Asset | 19.37 M | ||||
| Retained Earnings | (165.75 M) | ||||
| Working Capital | (3.83 M) | ||||
| Current Asset | 22.54 M | ||||
| Current Liabilities | 9.1 M | ||||
| Net Asset | 19.37 M |
About Achieve Life Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Achieve Life Sciences's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Achieve Life using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Achieve Life Sciences 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.
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Additional Tools for Achieve Stock Analysis
When running Achieve Life's price analysis, check to measure Achieve Life'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 Achieve Life is operating at the current time. Most of Achieve Life's value examination focuses on studying past and present price action to predict the probability of Achieve Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Achieve Life's price. Additionally, you may evaluate how the addition of Achieve Life to your portfolios can decrease your overall portfolio volatility.