BANNER Z Score vs. Price To Book
| FW2N Stock | EUR 63.00 0.00 0.00% |
For BANNER profitability analysis, we use financial ratios and fundamental drivers that measure the ability of BANNER to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well BANNER utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between BANNER's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of BANNER over time as well as its relative position and ranking within its peers.
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BANNER Price To Book vs. Z Score Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining BANNER's current stock value. Our valuation model uses many indicators to compare BANNER value to that of its competitors to determine the firm's financial worth. BANNER is rated # 2 in z score category among its peers. It is rated # 4 in price to book category among its peers fabricating about 0.89 of Price To Book per Z Score. The ratio of Z Score to Price To Book for BANNER is roughly 1.13 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BANNER's earnings, one of the primary drivers of an investment's value.BANNER Price To Book vs. Z Score
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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| = | 1.8 |
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.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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| = | 1.59 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
BANNER Price To Book Comparison
BANNER is currently under evaluation in price to book category among its peers.
BANNER Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on BANNER. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of BANNER position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the BANNER's important profitability drivers and their relationship over time.
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Use BANNER in pair-trading
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 BANNER 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 BANNER will appreciate offsetting losses from the drop in the long position's value.BANNER Pair Trading
BANNER Pair Trading Analysis
The ability to find closely correlated positions to BANNER could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BANNER 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 BANNER - 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 BANNER to buy it.
The correlation of BANNER 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 BANNER moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BANNER 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 BANNER 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.Use Investing Themes to Complement your BANNER position
In addition to having BANNER in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Robots And Drones Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in BANNER Stock
When determining whether BANNER is a strong investment it is important to analyze BANNER's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BANNER's future performance. For an informed investment choice regarding BANNER Stock, refer to the following important reports:Check out Investing Opportunities. For information on how to trade BANNER Stock refer to our How to Trade BANNER Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
To fully project BANNER's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of BANNER at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include BANNER's income statement, its balance sheet, and the statement of cash flows.