Forza X1 Stock Probability Of Bankruptcy
| FRZADelisted Stock | USD 0.24 0.03 14.29% |
Forza |
Forza X1 Company chance of distress Analysis
Forza X1'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 Forza X1 Probability Of Bankruptcy | Over 100% |
Most of Forza X1'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, Forza X1 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Forza X1 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 Forza X1 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 Forza X1 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.
CompetitionBased on the latest financial disclosure, Forza X1 has a Probability Of Bankruptcy of 100%. This is 141.6% higher than that of the Textiles, Apparel & Luxury Goods sector and 218.27% higher than that of the Consumer Discretionary industry. The probability of bankruptcy for all United States stocks is 151.07% lower than that of the firm.
Forza Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forza X1's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forza X1 could also be used in its relative valuation, which is a method of valuing Forza X1 by comparing valuation metrics of similar companies.Forza X1 is currently under evaluation in probability of bankruptcy category among its peers.
Forza Fundamentals
| Return On Equity | -0.64 | ||||
| Return On Asset | -0.41 | ||||
| Current Valuation | (5.07 M) | ||||
| Shares Outstanding | 15.76 M | ||||
| Shares Owned By Insiders | 45.30 % | ||||
| Shares Owned By Institutions | 0.99 % | ||||
| Number Of Shares Shorted | 138.65 K | ||||
| Price To Book | 0.24 X | ||||
| Price To Sales | 80.71 X | ||||
| Revenue | 37.12 K | ||||
| Gross Profit | (232.74 K) | ||||
| EBITDA | (6.41 M) | ||||
| Net Income | (5.93 M) | ||||
| Cash And Equivalents | 258.39 K | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 346.41 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 5.31 X | ||||
| Book Value Per Share | 0.26 X | ||||
| Cash Flow From Operations | (4.22 M) | ||||
| Short Ratio | 0.75 X | ||||
| Earnings Per Share | (0.37) X | ||||
| Target Price | 5.0 | ||||
| Number Of Employees | 10 | ||||
| Market Capitalization | 4.1 M | ||||
| Total Asset | 16.92 M | ||||
| Retained Earnings | (10.02 M) | ||||
| Working Capital | 12.53 M | ||||
| Net Asset | 16.92 M |
About Forza X1 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forza X1's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forza X1 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forza X1 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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin |
Check out Investing Opportunities 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 nation. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Forza Stock
If you are still planning to invest in Forza X1 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 Forza X1's history and understand the potential risks before investing.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |