Danimer Scientific Stock Probability Of Bankruptcy
| DNMR Stock | USD 0.35 0.78 69.03% |
Danimer |
Danimer Scientific OTC Stock probability of distress Analysis
Danimer Scientific's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Danimer Scientific Probability Of Bankruptcy | Over 88% |
Most of Danimer Scientific's fundamental indicators, such as Probability Of Bankruptcy, 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, Danimer Scientific is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Danimer Scientific probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Danimer Scientific odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Danimer Scientific financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Danimer Scientific has a Probability Of Bankruptcy of 88%. This is 98.47% higher than that of the Chemicals sector and 110.58% higher than that of the Materials industry. The probability of bankruptcy for all United States stocks is 120.94% lower than that of the firm.
Danimer Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Danimer Scientific's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Danimer Scientific could also be used in its relative valuation, which is a method of valuing Danimer Scientific by comparing valuation metrics of similar companies.Danimer Scientific is currently under evaluation in probability of bankruptcy category among its peers.
Danimer Fundamentals
| Return On Equity | -0.46 | |||
| Return On Asset | -0.088 | |||
| Current Valuation | 397.19 M | |||
| Shares Outstanding | 3.02 M | |||
| Shares Owned By Insiders | 9.25 % | |||
| Shares Owned By Institutions | 21.70 % | |||
| Number Of Shares Shorted | 494.21 K | |||
| Price To Earning | 12.41 X | |||
| Price To Book | 0.03 X | |||
| Price To Sales | 0.16 X | |||
| Revenue | 46.68 M | |||
| Gross Profit | 2.8 M | |||
| EBITDA | (96.13 M) | |||
| Net Income | (155.47 M) | |||
| Cash And Equivalents | 140.39 M | |||
| Cash Per Share | 1.39 X | |||
| Total Debt | 408.07 M | |||
| Debt To Equity | 0.61 % | |||
| Current Ratio | 6.60 X | |||
| Book Value Per Share | 108.14 X | |||
| Cash Flow From Operations | (47.26 M) | |||
| Short Ratio | 4.96 X | |||
| Earnings Per Share | (40.40) X | |||
| Target Price | 4.67 | |||
| Number Of Employees | 257 | |||
| Beta | 1.63 | |||
| Market Capitalization | 12.47 M | |||
| Total Asset | 698.13 M | |||
| Retained Earnings | (454.12 M) | |||
| Working Capital | 92.31 M | |||
| Net Asset | 698.13 M |
About Danimer Scientific Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Danimer Scientific's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danimer Scientific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danimer Scientific based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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 Danimer Scientific
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 Danimer Scientific 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 Danimer Scientific will appreciate offsetting losses from the drop in the long position's value.Moving together with Danimer OTC Stock
Moving against Danimer OTC Stock
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| 0.78 | MMM | 3M Company | PairCorr |
| 0.75 | ATCOL | Atlas Corp | PairCorr |
| 0.73 | WM | Waste Management | PairCorr |
| 0.65 | T | ATT Inc Aggressive Push | PairCorr |
The ability to find closely correlated positions to Danimer Scientific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danimer Scientific 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 Danimer Scientific - 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 Danimer Scientific to buy it.
The correlation of Danimer Scientific 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 Danimer Scientific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danimer Scientific 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 Danimer Scientific 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.Additional Tools for Danimer OTC Stock Analysis
When running Danimer Scientific's price analysis, check to measure Danimer Scientific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danimer Scientific is operating at the current time. Most of Danimer Scientific's value examination focuses on studying past and present price action to predict the probability of Danimer Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danimer Scientific's price. Additionally, you may evaluate how the addition of Danimer Scientific to your portfolios can decrease your overall portfolio volatility.