SCOTT TECHNOLOGY Z Score vs. Number Of Employees
| RZH Stock | EUR 1.02 0.03 3.03% |
For SCOTT TECHNOLOGY profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SCOTT TECHNOLOGY to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SCOTT TECHNOLOGY utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SCOTT TECHNOLOGY's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SCOTT TECHNOLOGY over time as well as its relative position and ranking within its peers.
SCOTT |
SCOTT TECHNOLOGY Number Of Employees vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SCOTT TECHNOLOGY's current stock value. Our valuation model uses many indicators to compare SCOTT TECHNOLOGY value to that of its competitors to determine the firm's financial worth. SCOTT TECHNOLOGY is rated below average in z score category among its peers. It is rated second in number of employees category among its peers creating about 1.56 of Number Of Employees per Z Score. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SCOTT TECHNOLOGY's earnings, one of the primary drivers of an investment's value.SCOTT Number Of Employees vs. Z Score
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..
SCOTT TECHNOLOGY |
| = | 9.6 |
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.
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
SCOTT TECHNOLOGY |
| = | 15 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
SCOTT Number Of Employees vs Competition
SCOTT TECHNOLOGY is rated second in number of employees category among its peers. The total workforce of Other industry is at this time estimated at about 44.0. SCOTT TECHNOLOGY totals roughly 15.0 in number of employees claiming about 34% of all equities under Other industry.
SCOTT Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SCOTT TECHNOLOGY. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SCOTT TECHNOLOGY position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SCOTT TECHNOLOGY's important profitability drivers and their relationship over time.
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Use SCOTT TECHNOLOGY in pair-trading
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 SCOTT TECHNOLOGY 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 SCOTT TECHNOLOGY will appreciate offsetting losses from the drop in the long position's value.SCOTT TECHNOLOGY Pair Trading
SCOTT TECHNOLOGY Pair Trading Analysis
The ability to find closely correlated positions to SCOTT TECHNOLOGY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SCOTT TECHNOLOGY 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 SCOTT TECHNOLOGY - 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 SCOTT TECHNOLOGY to buy it.
The correlation of SCOTT TECHNOLOGY 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 SCOTT TECHNOLOGY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SCOTT TECHNOLOGY 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 SCOTT TECHNOLOGY 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.Use Investing Themes to Complement your SCOTT TECHNOLOGY position
In addition to having SCOTT TECHNOLOGY in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Medical Equipment Thematic Idea Now
Medical Equipment
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Medical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in SCOTT Stock
To fully project SCOTT TECHNOLOGY's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of SCOTT TECHNOLOGY at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include SCOTT TECHNOLOGY's income statement, its balance sheet, and the statement of cash flows.