Astarta Holding Nv Stock Probability Of Bankruptcy
| AST Stock | 40.80 0.95 2.38% |
Astarta |
Astarta Holding NV Company probability of distress Analysis
Astarta Holding'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 Astarta Holding Probability Of Bankruptcy | Less than 9% |
Most of Astarta Holding'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, Astarta Holding NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Astarta Holding 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 Astarta Holding 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 Astarta Holding NV 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, Astarta Holding NV has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the sector and significantly higher than that of the Farm Products industry. The probability of bankruptcy for all Poland stocks is notably lower than that of the firm.
Astarta Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Astarta Holding'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 Astarta Holding could also be used in its relative valuation, which is a method of valuing Astarta Holding by comparing valuation metrics of similar companies.Astarta Holding is rated fifth in probability of bankruptcy category among its peers.
Astarta Fundamentals
| Return On Equity | 0.17 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.16 % | |||
| Current Valuation | 1.38 B | |||
| Shares Outstanding | 24.25 M | |||
| Shares Owned By Insiders | 69.91 % | |||
| Shares Owned By Institutions | 5.72 % | |||
| Price To Book | 0.22 X | |||
| Price To Sales | 0.20 X | |||
| Revenue | 491.36 M | |||
| Gross Profit | 7.13 B | |||
| EBITDA | 203.95 M | |||
| Net Income | 128.77 M | |||
| Total Debt | 20.86 M | |||
| Cash Flow From Operations | 57.29 M | |||
| Earnings Per Share | 15.89 X | |||
| Target Price | 405.34 | |||
| Number Of Employees | 4.05 K | |||
| Beta | 1.18 | |||
| Market Capitalization | 540.77 M | |||
| Total Asset | 690.56 M | |||
| Z Score | 15.0 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 690.56 M |
About Astarta Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Astarta Holding NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Astarta Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Astarta Holding NV 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 Astarta Holding
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 Astarta Holding 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 Astarta Holding will appreciate offsetting losses from the drop in the long position's value.Moving together with Astarta Stock
Moving against Astarta Stock
| 0.85 | BNP | BNP Paribas Bank | PairCorr |
| 0.77 | PKN | Polski Koncern Naftowy | PairCorr |
| 0.75 | MBK | mBank SA | PairCorr |
| 0.67 | ING | ING Bank lski | PairCorr |
| 0.37 | PEO | Bank Polska Kasa | PairCorr |
The ability to find closely correlated positions to Astarta Holding could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astarta Holding 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 Astarta Holding - 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 Astarta Holding NV to buy it.
The correlation of Astarta Holding 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 Astarta Holding moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astarta Holding NV 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 Astarta Holding 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 Astarta Stock Analysis
When running Astarta Holding's price analysis, check to measure Astarta Holding'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 Astarta Holding is operating at the current time. Most of Astarta Holding's value examination focuses on studying past and present price action to predict the probability of Astarta Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Astarta Holding's price. Additionally, you may evaluate how the addition of Astarta Holding to your portfolios can decrease your overall portfolio volatility.