Vox Royalty Corp Stock Z Score
| VOXR Stock | USD 2.65 0.07 2.71% |
Vox | Z Score |
Vox Royalty Corp Company Z Score Analysis
Vox Royalty'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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Vox Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Vox Royalty is extremely important. It helps to project a fair market value of Vox Stock properly, considering its historical fundamentals such as Z Score. Since Vox Royalty'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 Vox Royalty'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 Vox Royalty's interrelated accounts and indicators.
Click cells to compare fundamentals
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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As per the company's disclosures, Vox Royalty Corp has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and about the same as Materials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Vox Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vox Royalty'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 Vox Royalty could also be used in its relative valuation, which is a method of valuing Vox Royalty by comparing valuation metrics of similar companies.Vox Royalty is currently under evaluation in z score category among its peers.
Vox Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vox Royalty from analyzing Vox Royalty's financial statements. These drivers represent accounts that assess Vox Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vox Royalty's important valuation drivers and their relationship over time.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Market Cap | 69.0M | 104.5M | 99.2M | 97.1M | 87.4M | 49.8M | |
| Enterprise Value | 65.8M | 99.5M | 95.0M | 87.8M | 79.0M | 47.5M |
Vox Royalty ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Vox Royalty's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Vox Royalty's managers, analysts, and investors.Environmental | Governance | Social |
Vox Royalty Institutional Holders
Institutional Holdings refers to the ownership stake in Vox Royalty that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Vox Royalty'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 Vox Royalty's value.| Shares | Acadian Asset Management Llc | 2024-12-31 | 209.4 K | Total Wealth Planning & Management, Inc. | 2024-12-31 | 95.4 K | Eschler Asset Management Llp | 2024-12-31 | 85 K | Goldman Sachs Group Inc | 2024-12-31 | 49.4 K | Sprott Inc. | 2024-12-31 | 30.5 K | Bard Associates Inc | 2024-12-31 | 18 K | Royal Bank Of Canada | 2024-12-31 | 17 K | Quadrature Capital Llp | 2024-12-31 | 13.9 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 2.4 K | Org Partners Llc | 2024-12-31 | 12.2 M | Us Global Investors Inc | 2024-12-31 | 1.6 M |
Vox Fundamentals
| Return On Equity | -0.0375 | ||||
| Return On Asset | 0.0131 | ||||
| Profit Margin | (0.15) % | ||||
| Operating Margin | (0.0005) % | ||||
| Current Valuation | 121.58 M | ||||
| Shares Outstanding | 50.73 M | ||||
| Shares Owned By Insiders | 17.72 % | ||||
| Shares Owned By Institutions | 47.17 % | ||||
| Number Of Shares Shorted | 59.73 K | ||||
| Price To Book | 3.04 X | ||||
| Price To Sales | 11.85 X | ||||
| Revenue | 12.31 M | ||||
| Gross Profit | 10.88 M | ||||
| EBITDA | 5.58 M | ||||
| Net Income | (102.97 K) | ||||
| Cash And Equivalents | 1.53 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 7.78 M | ||||
| Current Ratio | 2.37 X | ||||
| Book Value Per Share | 0.85 X | ||||
| Cash Flow From Operations | 5.37 M | ||||
| Short Ratio | 0.46 X | ||||
| Earnings Per Share | (0.03) X | ||||
| Target Price | 4.41 | ||||
| Beta | 0.29 | ||||
| Market Capitalization | 130.89 M | ||||
| Total Asset | 52.71 M | ||||
| Retained Earnings | (26.98 M) | ||||
| Working Capital | 10.38 M | ||||
| Annual Yield | 0.02 % | ||||
| Net Asset | 52.71 M | ||||
| Last Dividend Paid | 0.048 |
About Vox Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vox Royalty Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vox Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vox Royalty Corp 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.
Pair Trading with Vox Royalty
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 Vox Royalty 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 Vox Royalty will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Vox Royalty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vox Royalty 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 Vox Royalty - 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 Vox Royalty Corp to buy it.
The correlation of Vox Royalty 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 Vox Royalty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vox Royalty Corp 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 Vox Royalty 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 Vox Stock Analysis
When running Vox Royalty's price analysis, check to measure Vox Royalty'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 Vox Royalty is operating at the current time. Most of Vox Royalty's value examination focuses on studying past and present price action to predict the probability of Vox Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vox Royalty's price. Additionally, you may evaluate how the addition of Vox Royalty to your portfolios can decrease your overall portfolio volatility.