Masterbeat Stock Z Score
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 Correlation 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 estimate.
Masterbeat |
Masterbeat Company Z Score Analysis
Masterbeat'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 Masterbeat Z Score | -16.6 |
Most of Masterbeat'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, Masterbeat is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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.
CompetitionBased on the company's disclosures, Masterbeat has a Z Score of -16.6. This is 1311.68% lower than that of the Real Estate sector and notably lower than that of the Real Estate Services industry. The z score for all United States stocks is notably higher than that of the company.
Masterbeat Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Masterbeat'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 Masterbeat could also be used in its relative valuation, which is a method of valuing Masterbeat by comparing valuation metrics of similar companies.Masterbeat is currently under evaluation in z score category among its peers.
Masterbeat Fundamentals
| Profit Margin | 1.23 % | |||
| Operating Margin | (1.98) % | |||
| Current Valuation | 236.73 K | |||
| Shares Outstanding | 19.64 M | |||
| Price To Sales | 1.29 X | |||
| Revenue | 74.69 K | |||
| Gross Profit | 18.77 K | |||
| EBITDA | (127.36 K) | |||
| Net Income | 832.08 K | |||
| Cash And Equivalents | 40.45 K | |||
| Total Debt | 1.89 M | |||
| Current Ratio | 0.01 X | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | (130.02 K) | |||
| Beta | 6.65 | |||
| Market Capitalization | 144.38 K | |||
| Total Asset | 379 K | |||
| Retained Earnings | (4.53 M) | |||
| Working Capital | (618 K) | |||
| Current Asset | 78 K | |||
| Current Liabilities | 696 K | |||
| Z Score | -16.6 |
About Masterbeat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Masterbeat's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Masterbeat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Masterbeat 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 Masterbeat
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 Masterbeat 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 Masterbeat will appreciate offsetting losses from the drop in the long position's value.Moving against Masterbeat Pink Sheet
| 0.66 | CBRE | CBRE Group Class | PairCorr |
| 0.59 | T | ATT Inc Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.54 | MSB | Mesabi Trust | PairCorr |
| 0.45 | FTNT | Fortinet | PairCorr |
| 0.43 | JXN-PA | Jackson Financial | PairCorr |
The ability to find closely correlated positions to Masterbeat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Masterbeat 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 Masterbeat - 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 Masterbeat to buy it.
The correlation of Masterbeat 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 Masterbeat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Masterbeat 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 Masterbeat 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 Correlation 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 estimate. You can also try the Positions Ratings module to 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.
Other Consideration for investing in Masterbeat Pink Sheet
If you are still planning to invest in Masterbeat 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 Masterbeat's history and understand the potential risks before investing.
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