Atmchain Crypto Z Score

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.

In accordance with the company's disclosures, ATMCHAIN has a Z Score of 0.0. This indicator is about the same for the Blockchain average (which is currently at 0.0) sector and about the same as Cryptocurrency (which currently averages 0.0) industry. This indicator is about the same for all United States cryptos average (which is currently at 0.0).

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

When running ATMCHAIN's price analysis, check to measure ATMCHAIN's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy ATMCHAIN is operating at the current time. Most of ATMCHAIN's value examination focuses on studying past and present price actions to predict the probability of ATMCHAIN's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move ATMCHAIN's coin price. Additionally, you may evaluate how adding ATMCHAIN to your portfolios can decrease your overall portfolio volatility.