Autogrill SpA Cash And Equivalents vs. Z Score
| ATGSYDelisted Stock | USD 8.25 0.00 0.00% |
For Autogrill SpA profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Autogrill SpA to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Autogrill SpA ADR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Autogrill SpA's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Autogrill SpA ADR over time as well as its relative position and ranking within its peers.
Autogrill |
Autogrill SpA ADR Z Score vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Autogrill SpA's current stock value. Our valuation model uses many indicators to compare Autogrill SpA value to that of its competitors to determine the firm's financial worth. Autogrill SpA ADR is rated below average in cash and equivalents category among its peers. It is rated third in z score category among its peers . The ratio of Cash And Equivalents to Z Score for Autogrill SpA ADR is about 186,591,667 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Autogrill SpA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Autogrill SpA's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Autogrill Z Score vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Autogrill SpA |
| = | 447.82 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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..
Autogrill SpA |
| = | 2.4 |
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.
Autogrill Z Score Comparison
Autogrill SpA is currently under evaluation in z score category among its peers.
Autogrill SpA Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Autogrill SpA, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Autogrill SpA will eventually generate negative long term returns. The profitability progress is the general direction of Autogrill SpA's change in net profit over the period of time. It can combine multiple indicators of Autogrill SpA, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Autogrill S.p.A., through its subsidiaries, provides food and beverage services for travelers in North America, Italy, and other European countries. Autogrill S.p.A. is a subsidiary of Schematrentaquattro S.p.A. Autogrill SPA operates under Restaurants classification in the United States and is traded on OTC Exchange. It employs 34000 people.
Autogrill Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Autogrill SpA. 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 Autogrill SpA 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 Autogrill SpA's important profitability drivers and their relationship over time.
Use Autogrill SpA 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 Autogrill SpA 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 Autogrill SpA will appreciate offsetting losses from the drop in the long position's value.Autogrill SpA Pair Trading
Autogrill SpA ADR Pair Trading Analysis
The ability to find closely correlated positions to Autogrill SpA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autogrill SpA 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 Autogrill SpA - 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 Autogrill SpA ADR to buy it.
The correlation of Autogrill SpA 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 Autogrill SpA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autogrill SpA ADR 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 Autogrill SpA 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 Autogrill SpA position
In addition to having Autogrill SpA 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 Restaraunts Hotels Motels Thematic Idea Now
Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 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 Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Check out Trending Equities 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 state. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Autogrill Pink Sheet
If you are still planning to invest in Autogrill SpA ADR 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 Autogrill SpA's history and understand the potential risks before investing.
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