Home Loan Financial Stock Z Score
| HLFNDelisted Stock | USD 29.50 0.00 0.00% |
Home |
Home Loan Financial Company Z Score Analysis
Home Loan'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..
Current Home Loan Z Score | 5.4 |
Most of Home Loan's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Home Loan Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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, Home Loan Financial has a Z Score of 5.4. This is 124.07% higher than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The z score for all United States stocks is 38.07% higher than that of the company.
Home Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Home Loan's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Home Loan could also be used in its relative valuation, which is a method of valuing Home Loan by comparing valuation metrics of similar companies.Home Loan is currently under evaluation in z score category among its peers.
Home Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0164 | ||||
| Profit Margin | 0.37 % | ||||
| Operating Margin | 0.46 % | ||||
| Current Valuation | 14.66 M | ||||
| Shares Outstanding | 1.4 M | ||||
| Price To Earning | 12.39 X | ||||
| Price To Sales | 3.71 X | ||||
| Revenue | 11.69 M | ||||
| Gross Profit | 11.32 M | ||||
| Net Income | 4.16 M | ||||
| Cash And Equivalents | 13.46 M | ||||
| Cash Per Share | 9.62 X | ||||
| Total Debt | 4.56 M | ||||
| Book Value Per Share | 23.25 X | ||||
| Cash Flow From Operations | 6.53 M | ||||
| Earnings Per Share | 2.79 X | ||||
| Beta | 0.36 | ||||
| Market Capitalization | 41.29 M | ||||
| Total Asset | 160.34 M | ||||
| Retained Earnings | 14.63 M | ||||
| Z Score | 5.4 | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 3.60 % |
About Home Loan Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Home Loan Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Home Loan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Home Loan Financial 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 Home Loan
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 Home Loan 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 Home Loan will appreciate offsetting losses from the drop in the long position's value.Moving against Home Pink Sheet
| 0.47 | VABK | Virginia National | PairCorr |
| 0.46 | MBCN | Middlefield Banc Normal Trading | PairCorr |
| 0.42 | VBTX | Veritex Holdings | PairCorr |
| 0.4 | RF-PE | Regions Financial | PairCorr |
| 0.37 | MBWM | Mercantile Bank | PairCorr |
The ability to find closely correlated positions to Home Loan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Home Loan 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 Home Loan - 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 Home Loan Financial to buy it.
The correlation of Home Loan 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 Home Loan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Home Loan Financial 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 Home Loan 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 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in Home Pink Sheet
If you are still planning to invest in Home Loan Financial 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 Home Loan's history and understand the potential risks before investing.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |