City Office Stock Z Score
| CIO Stock | USD 5.29 0.11 2.12% |
City |
City Office Company Z Score Analysis
City Office'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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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 |
In accordance with the company's disclosures, City Office has a Z Score of 0.0. This is 100.0% lower than that of the Diversified REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
City Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses City Office'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 City Office could also be used in its relative valuation, which is a method of valuing City Office by comparing valuation metrics of similar companies.City Office is currently under evaluation in z score category among its peers.
City Office 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, City Office's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to City Office's managers, analysts, and investors.Environmental | Governance | Social |
City Office Institutional Holders
Institutional Holdings refers to the ownership stake in City Office that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of City Office'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 City Office's value.| Shares | Goldman Sachs Group Inc | 2024-06-30 | 498.3 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 384.4 K | Northern Trust Corp | 2024-09-30 | 365.4 K | D. E. Shaw & Co Lp | 2024-09-30 | 347.9 K | Jpmorgan Chase & Co | 2024-06-30 | 347.3 K | Charles Schwab Investment Management Inc | 2024-09-30 | 341.4 K | Amvescap Plc. | 2024-06-30 | 287.1 K | Citadel Advisors Llc | 2024-09-30 | 286.5 K | Group One Trading, Lp | 2024-06-30 | 245.3 K | Newtyn Management Llc | 2024-09-30 | 3.9 M | Vanguard Group Inc | 3.9 M |
City Fundamentals
| Return On Equity | -0.0119 | ||||
| Return On Asset | 0.0109 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 942.26 M | ||||
| Shares Outstanding | 40.15 M | ||||
| Shares Owned By Insiders | 3.98 % | ||||
| Shares Owned By Institutions | 66.70 % | ||||
| Number Of Shares Shorted | 275.39 K | ||||
| Price To Earning | 0.99 X | ||||
| Price To Book | 0.33 X | ||||
| Price To Sales | 1.20 X | ||||
| Revenue | 179.1 M | ||||
| Gross Profit | 112.75 M | ||||
| EBITDA | 94.26 M | ||||
| Net Income | (2.04 M) | ||||
| Cash And Equivalents | 28.19 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 669.51 M | ||||
| Debt To Equity | 0.76 % | ||||
| Current Ratio | 3.25 X | ||||
| Book Value Per Share | 15.82 X | ||||
| Cash Flow From Operations | 57.22 M | ||||
| Short Ratio | 1.17 X | ||||
| Earnings Per Share | (0.42) X | ||||
| Price To Earnings To Growth | (7.88) X | ||||
| Target Price | 7.0 | ||||
| Number Of Employees | 20 | ||||
| Beta | 1.96 | ||||
| Market Capitalization | 208 M | ||||
| Total Asset | 1.51 B | ||||
| Retained Earnings | 221.21 M | ||||
| Working Capital | (139.9 M) | ||||
| Current Asset | 47.96 M | ||||
| Current Liabilities | 33.59 M | ||||
| Annual Yield | 0.08 % | ||||
| Five Year Return | 6.98 % | ||||
| Net Asset | 1.51 B | ||||
| Last Dividend Paid | 0.4 |
About City Office Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze City Office's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of City Office using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of City Office 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 City Office
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 City Office 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 City Office will appreciate offsetting losses from the drop in the long position's value.Moving together with City Stock
Moving against City Stock
| 0.73 | UE | Urban Edge Properties | PairCorr |
| 0.73 | SKT | Tanger Factory Outlet | PairCorr |
| 0.73 | SPG | Simon Property Group | PairCorr |
| 0.69 | ROIC | Retail Opportunity | PairCorr |
| 0.65 | KIM | Kimco Realty | PairCorr |
The ability to find closely correlated positions to City Office could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace City Office 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 City Office - 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 City Office to buy it.
The correlation of City Office 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 City Office moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if City Office 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 City Office 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.Check out City Office Piotroski F Score and City Office Valuation analysis. To learn how to invest in City Stock, please use our How to Invest in City Office guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Diversified REITs space 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 City Office. If investors know City 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 City Office 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 (0.52) | Dividend Share 0.4 | Earnings Share (0.42) | Revenue Per Share 4.329 | Quarterly Revenue Growth (0.04) |
The market value of City Office is measured differently than its book value, which is the value of City that is recorded on the company's balance sheet. Investors also form their own opinion of City Office's value that differs from its market value or its book value, called intrinsic value, which is City Office'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 City Office's market value can be influenced by many factors that don't directly affect City Office'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 City Office's value and its price as these two are different measures arrived at by different means. Investors typically determine if City Office is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, City Office'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.