Aeroclean Z Score

AERC
 Stock
  

USD 2.92  0.33  10.15%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please continue to Aeroclean Technologies Piotroski F Score and Aeroclean Technologies Valuation analysis.
  

Aeroclean Z Score Analysis

Aeroclean Technologies' 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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Aeroclean Technologies Z Score

    
  54.0  
Most of Aeroclean Technologies' fundamental indicators, such as Z Score, 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, Aeroclean Technologies LLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, Aeroclean Technologies LLC has a Z Score of 54. This is much higher than that of the Industrials sector and notably higher than that of the Pollution & Treatment Controls industry. The z score for all United States stocks is notably lower than that of the firm.

Aeroclean Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aeroclean Technologies' 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 Aeroclean Technologies could also be used in its relative valuation, which is a method of valuing Aeroclean Technologies by comparing valuation metrics of similar companies.
Aeroclean Technologies is currently under evaluation in z score category among related companies.

Aeroclean Technologies Institutional Holders

Institutional Holdings refers to the ownership stake in Aeroclean Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aeroclean Technologies' 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 Aeroclean Technologies' value.
Security TypeSharesValue
Wells Fargo CompanyCommon Shares56.00.0
Wells Fargo CompanyCommon Shares20.00.0
Wells Fargo CompanyCommon Shares19.00.0
Vanguard Group IncCommon Shares114.6 K331 K
Vanguard Group IncCommon Shares150 KM
Ubs Group AgCommon Shares849K
Ubs Group AgCommon Shares414K

Aeroclean Fundamentals

About Aeroclean Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Aeroclean Technologies LLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aeroclean Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aeroclean Technologies LLC 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.
AeroClean Technologies, Inc., an interior space air purification technology company, provides air purification solutions for hospitals and other healthcare facilities. AeroClean Technologies, Inc. was founded in 2011 and is headquartered in Palm Beach Gardens, Florida. Aeroclean Technologies operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 7 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aeroclean Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aeroclean Technologies' short interest history, or implied volatility extrapolated from Aeroclean Technologies options trading.

Pair Trading with Aeroclean Technologies

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 Aeroclean Technologies 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 Aeroclean Technologies will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Aeroclean Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeroclean Technologies 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 Aeroclean Technologies - 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 Aeroclean Technologies LLC to buy it.
The correlation of Aeroclean Technologies is a statistical measure of how it moves in relation to other equities. 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 Aeroclean Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aeroclean Technologies 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 Aeroclean Technologies 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
Please continue to Aeroclean Technologies Piotroski F Score and Aeroclean Technologies Valuation analysis. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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Is Aeroclean Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aeroclean Technologies. If investors know Aeroclean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aeroclean Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Aeroclean Technologies is measured differently than its book value, which is the value of Aeroclean that is recorded on the company's balance sheet. Investors also form their own opinion of Aeroclean Technologies' value that differs from its market value or its book value, called intrinsic value, which is Aeroclean Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aeroclean Technologies' market value can be influenced by many factors that don't directly affect Aeroclean Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aeroclean Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Aeroclean Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeroclean Technologies' 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.