Aetherium Acquisition Corp Stock Z Score
GMFIDelisted Stock | USD 11.04 0.00 0.00% |
Aetherium |
Aetherium Acquisition Corp Company Z Score Analysis
Aetherium Acquisition'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
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.
CompetitionAccording to the company's disclosures, Aetherium Acquisition Corp has a Z Score of 0.0. This is 100.0% lower than that of the Capital Markets sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Aetherium Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aetherium Acquisition'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 Aetherium Acquisition could also be used in its relative valuation, which is a method of valuing Aetherium Acquisition by comparing valuation metrics of similar companies.Aetherium Acquisition is currently under evaluation in z score category among its peers.
Aetherium Fundamentals
Return On Asset | -0.0107 | ||||
Current Valuation | 58.71 M | ||||
Shares Outstanding | 2.23 M | ||||
Shares Owned By Institutions | 92.91 % | ||||
Number Of Shares Shorted | 650 | ||||
Price To Book | 2.79 X | ||||
EBITDA | (1.1 M) | ||||
Net Income | 726.04 K | ||||
Cash And Equivalents | 55.51 K | ||||
Total Debt | 1.42 M | ||||
Debt To Equity | 4.98 % | ||||
Current Ratio | 0.08 X | ||||
Book Value Per Share | (1.32) X | ||||
Cash Flow From Operations | (385.45 K) | ||||
Short Ratio | 0.36 X | ||||
Earnings Per Share | 0.03 X | ||||
Beta | 0.039 | ||||
Market Capitalization | 56.37 M | ||||
Total Asset | 32.93 M | ||||
Retained Earnings | (7.25 M) | ||||
Working Capital | 24.41 M | ||||
Net Asset | 32.93 M |
About Aetherium Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aetherium Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aetherium Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aetherium Acquisition 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.
Currently Active Assets on Macroaxis
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Consideration for investing in Aetherium Stock
If you are still planning to invest in Aetherium Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Aetherium Acquisition's history and understand the potential risks before investing.
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |