Alfi Z Score

ALF
 Stock
  

USD 0.97  0.10  9.35%   

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 Alfi Piotroski F Score and Alfi Valuation analysis.
  

Alfi Z Score Analysis

Alfi's 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
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, Alfi Inc has a Z Score of 0.0. This is 100.0% lower than that of the Technology sector and about the same as Software—Infrastructure (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Alfi Institutional Holders

Institutional Holdings refers to the ownership stake in Alfi that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alfi's 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 Alfi's value.
Security TypeSharesValue
Vanguard Group IncCommon Shares292.3 K342 K
Geode Capital Management LlcCommon Shares73 K84 K
Virtu Financial LlcCommon Shares16.2 K19 K
State Street CorpCommon Shares12.8 K15 K
Morgan StanleyCommon Shares11.9 K14 K
Bank Of New York Mellon CorpCommon Shares11.9 K14 K
Ubs Group AgCommon Shares5.9 KK
Ubs Group AgWarrants1.8 K1000

Alfi Fundamentals

About Alfi Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Alfi Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alfi using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alfi Inc 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.
Alfi, Inc. provides Software as a Service solution for the digital out of home smart advertising segment in the United States. Alfi, Inc. was founded in 2018 and is based in Miami Beach, Florida. Alfi operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 33 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 Alfi 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, Alfi's short interest history, or implied volatility extrapolated from Alfi options trading.

Pair Trading with Alfi

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 Alfi 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 Alfi will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alfi

+0.85ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
+0.74SNPSSynopsys Fiscal Year End 7th of December 2022 PairCorr
The ability to find closely correlated positions to Alfi could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alfi 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 Alfi - 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 Alfi Inc to buy it.
The correlation of Alfi 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 Alfi moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alfi Inc 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 Alfi 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 Alfi Piotroski F Score and Alfi Valuation analysis. You can also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Alfi Inc price analysis, check to measure Alfi'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 Alfi is operating at the current time. Most of Alfi's value examination focuses on studying past and present price action to predict the probability of Alfi's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alfi's price. Additionally, you may evaluate how the addition of Alfi to your portfolios can decrease your overall portfolio volatility.
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Is Alfi's 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 Alfi. If investors know Alfi 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 Alfi 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 Alfi Inc is measured differently than its book value, which is the value of Alfi that is recorded on the company's balance sheet. Investors also form their own opinion of Alfi's value that differs from its market value or its book value, called intrinsic value, which is Alfi's 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 Alfi's market value can be influenced by many factors that don't directly affect Alfi's 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 Alfi's value and its price as these two are different measures arrived at by different means. Investors typically determine Alfi value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alfi's 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.