Oncolytics Biotech Stock Z Score
| ONCY Stock | USD 0.72 0.02 2.46% |
Oncolytics | Z Score |
Oncolytics Biotech Company Z Score Analysis
Oncolytics Biotech'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..
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Oncolytics Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Oncolytics Biotech is extremely important. It helps to project a fair market value of Oncolytics Stock properly, considering its historical fundamentals such as Z Score. Since Oncolytics Biotech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Oncolytics Biotech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Oncolytics Biotech's interrelated accounts and indicators.
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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.
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Based on the company's disclosures, Oncolytics Biotech has a Z Score of 0.0. This is 100.0% lower than that of the Biotechnology sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.
Oncolytics Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oncolytics Biotech's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oncolytics Biotech could also be used in its relative valuation, which is a method of valuing Oncolytics Biotech by comparing valuation metrics of similar companies.Oncolytics Biotech is currently under evaluation in z score category among its peers.
Oncolytics Biotech Current Valuation Drivers
We derive many important indicators used in calculating different scores of Oncolytics Biotech from analyzing Oncolytics Biotech's financial statements. These drivers represent accounts that assess Oncolytics Biotech's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Oncolytics Biotech's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 122.5M | 94.0M | 128.1M | 118.2M | 135.9M | 137.3M | |
| Enterprise Value | 91.6M | 53.4M | 116.8M | 83.7M | 96.2M | 118.0M |
Oncolytics Biotech Institutional Holders
Institutional Holdings refers to the ownership stake in Oncolytics Biotech that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Oncolytics Biotech's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Oncolytics Biotech's value.| Shares | Vantage Point Financial Llc | 2024-12-31 | 29.7 K | Seacrest Wealth Management, Llc | 2024-12-31 | 26 K | Brave Asset Management Inc | 2024-12-31 | 25 K | Newman Dignan & Sheerar Inc | 2024-12-31 | 22.9 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 22.9 K | Ubs Group Ag | 2024-12-31 | 20.9 K | Financial Advisory Corp /ut/ /adv | 2024-12-31 | 20.6 K | Head & Associates, Llc | 2024-12-31 | 19.8 K | Lpl Financial Corp | 2024-12-31 | 16 K | Seeds Investor Llc | 2024-12-31 | 189.9 K | International Assets Investment Management, Llc | 2024-09-30 | 174.3 K |
Oncolytics Fundamentals
| Return On Equity | -1.45 | ||||
| Return On Asset | -0.63 | ||||
| Current Valuation | 42.27 M | ||||
| Shares Outstanding | 77.07 M | ||||
| Shares Owned By Insiders | 3.67 % | ||||
| Shares Owned By Institutions | 1.64 % | ||||
| Number Of Shares Shorted | 3.55 M | ||||
| Price To Earning | (2.06) X | ||||
| Price To Book | 8.63 X | ||||
| EBITDA | (33.71 M) | ||||
| Net Income | (27.75 M) | ||||
| Cash And Equivalents | 32.36 M | ||||
| Cash Per Share | 0.55 X | ||||
| Total Debt | 423 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 10.42 X | ||||
| Book Value Per Share | 0.12 X | ||||
| Cash Flow From Operations | (28.45 M) | ||||
| Short Ratio | 1.43 X | ||||
| Earnings Per Share | (0.25) X | ||||
| Target Price | 4.93 | ||||
| Beta | 1.54 | ||||
| Market Capitalization | 54.37 M | ||||
| Total Asset | 38.82 M | ||||
| Retained Earnings | (446 M) | ||||
| Working Capital | 33.94 M | ||||
| Current Asset | 14.39 M | ||||
| Current Liabilities | 2.91 M | ||||
| Net Asset | 38.82 M |
About Oncolytics Biotech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Oncolytics Biotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oncolytics Biotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oncolytics Biotech 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.
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When running Oncolytics Biotech's price analysis, check to measure Oncolytics Biotech'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 Oncolytics Biotech is operating at the current time. Most of Oncolytics Biotech's value examination focuses on studying past and present price action to predict the probability of Oncolytics Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oncolytics Biotech's price. Additionally, you may evaluate how the addition of Oncolytics Biotech to your portfolios can decrease your overall portfolio volatility.