Cirtek Holdings Net Income vs. Z Score

TCB2A Stock   0.56  0.00  0.00%   
Based on Cirtek Holdings' profitability indicators, Cirtek Holdings Philippines may not be well positioned to generate adequate gross income at the moment. It has a very high risk of underperforming in January. Profitability indicators assess Cirtek Holdings' ability to earn profits and add value for shareholders.
For Cirtek Holdings profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Cirtek Holdings to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Cirtek Holdings Philippines utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Cirtek Holdings's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Cirtek Holdings Philippines over time as well as its relative position and ranking within its peers.
  
Check out World Market Map 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 nation.
Please note, there is a significant difference between Cirtek Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cirtek Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cirtek Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Cirtek Holdings Phil Z Score vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Cirtek Holdings's current stock value. Our valuation model uses many indicators to compare Cirtek Holdings value to that of its competitors to determine the firm's financial worth.
Cirtek Holdings Philippines is currently regarded as top stock in net income category among its peers. It also is currently regarded as top stock in z score category among its peers . The ratio of Net Income to Z Score for Cirtek Holdings Philippines is about  91,720 . 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 Cirtek Holdings' earnings, one of the primary drivers of an investment's value.

Cirtek Z Score vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Cirtek Holdings

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
7.04 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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..

Cirtek Holdings

Z Score

 = 

Sum Of

5 Factors

 = 
76.8
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.

Cirtek Z Score Comparison

Cirtek Holdings is currently under evaluation in z score category among its peers.

Cirtek Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Cirtek Holdings. 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 Cirtek Holdings 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 Cirtek Holdings' important profitability drivers and their relationship over time.

Use Cirtek Holdings 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 Cirtek Holdings 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 Cirtek Holdings will appreciate offsetting losses from the drop in the long position's value.

Cirtek Holdings Pair Trading

Cirtek Holdings Philippines Pair Trading Analysis

The ability to find closely correlated positions to Cirtek Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cirtek Holdings 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 Cirtek Holdings - 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 Cirtek Holdings Philippines to buy it.
The correlation of Cirtek Holdings 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 Cirtek Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cirtek Holdings Phil 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 Cirtek Holdings 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Cirtek Holdings position

In addition to having Cirtek Holdings 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.

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Run Financials ETFs Thematic Idea Now

Financials ETFs
Financials ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Financials ETFs theme has 45 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 Financials ETFs Theme or any other thematic opportunities.
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Additional Tools for Cirtek Stock Analysis

When running Cirtek Holdings' price analysis, check to measure Cirtek Holdings' 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 Cirtek Holdings is operating at the current time. Most of Cirtek Holdings' value examination focuses on studying past and present price action to predict the probability of Cirtek Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cirtek Holdings' price. Additionally, you may evaluate how the addition of Cirtek Holdings to your portfolios can decrease your overall portfolio volatility.