Blue Hat Z Score
BHAT  Stock  USD 0.92 0.03 3.37% 
Blue Hat 
Blue Hat Z Score Analysis
Blue Hat's ZScore is a simple linear, multifactor 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..Current Blue Hat Z Score  2.4 
Most of Blue Hat's 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, Blue Hat Interactive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

To calculate ZScore 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. ZScore 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 ZScores 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 socalled '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, Blue Hat Interactive has a Z Score of 2.4. This is 225.0% lower than that of the Communication Services sector and significantly higher than that of the Electronic Gaming & Multimedia industry. The z score for all United States stocks is 72.48% higher than that of the company.
Blue Hat Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blue Hat's 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 Blue Hat could also be used in its relative valuation, which is a method of valuing Blue Hat by comparing valuation metrics of similar companies.Blue Hat is currently under evaluation in z score category among related companies.
Blue Hat Institutional Holders
Institutional Holdings refers to the ownership stake in Blue Hat that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Blue Hat'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 highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Blue Hat's value.Security Type  Shares  Value  
Citadel Advisors Llc  Common Shares  47.2 K  135 K  
Jane Street Group Llc  Common Shares  27.6 K  79 K  
Renaissance Technologies Llc  Common Shares  25.5 K  73 K  
Ubs Group Ag  Common Shares  10.3 K  29 K  
Tower Research Capital Llc Trc  Common Shares  7.3 K  21 K  
Citigroup Inc  Common Shares  3 K  9 K  
Wells Fargo Company  Common Shares  200  1000 
Blue Hat Fundamentals
Return On Equity  (160.70) %  
Return On Asset  (47.37) %  
Operating Margin  (280.55) %  
Current Valuation  8.61 M  
Shares Outstanding  7.53 M  
Shares Owned by Insiders  33.11 %  
Shares Owned by Institutions  7.21 %  
Number of Shares Shorted  484.99 K  
Price to Earning  7.20 X  
Price to Book  0.32 X  
Price to Sales  0.45 X  
Revenue  15.16 M  
Gross Profit  6.48 M  
EBITDA  (38.66 M)  
Net Income  (58.63 M)  
Cash and Equivalents  135.56 K  
Cash per Share  0.03 X  
Total Debt  1.57 M  
Debt to Equity  0.09 %  
Current Ratio  1.19 X  
Book Value Per Share  2.82 X  
Cash Flow from Operations  (19.81 M)  
Short Ratio  0.86 X  
Earnings Per Share  (11.31) X  
Number of Employees  80  
Beta  0.83  
Market Capitalization  6.78 M  
Total Asset  55.63 M  
Retained Earnings  21.74 M  
Working Capital  27.87 M  
Current Asset  41.32 M  
Current Liabilities  13.45 M  
Z Score  2.4 
About Blue Hat Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blue Hat Interactive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Hat using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Hat Interactive 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.Fujian Blue Hat Interactive Entertainment Technology Ltd. engages in the designing, producing, promoting, and selling animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. Fujian Blue Hat Interactive Entertainment Technology Ltd. was incorporated in 2010 and is based in Xiamen, China. Blue Hat operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. It employs 80 people.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blue Hat without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and riskadjusted market performance 
All Next  Launch Module 
Pair Trading with Blue Hat
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 Blue Hat 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 Blue Hat will appreciate offsetting losses from the drop in the long position's value.Moving together with Blue Hat
+  0.71  HPQ  Hp Inc  Fiscal Year End 22nd of November 2022  PairCorr 
Moving against Blue Hat
  0.7  SBUX  Starbucks Corp  Fiscal Year End 27th of October 2022  PairCorr 
The ability to find closely correlated positions to Blue Hat could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Blue Hat 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 Blue Hat  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 Blue Hat Interactive to buy it.
The correlation of Blue Hat 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 Blue Hat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blue Hat Interactive 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 Blue Hat can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to Blue Hat Piotroski F Score and Blue Hat Valuation analysis. Note that the Blue Hat Interactive information on this page should be used as a complementary analysis to other Blue Hat's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Blue Hat Stock analysis
When running Blue Hat Interactive price analysis, check to measure Blue Hat'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 Blue Hat is operating at the current time. Most of Blue Hat's value examination focuses on studying past and present price action to predict the probability of Blue Hat's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blue Hat's price. Additionally, you may evaluate how the addition of Blue Hat to your portfolios can decrease your overall portfolio volatility.
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Is Blue Hat'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 Blue Hat. If investors know Blue Hat 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 Blue Hat 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 Blue Hat Interactive is measured differently than its book value, which is the value of Blue Hat that is recorded on the company's balance sheet. Investors also form their own opinion of Blue Hat's value that differs from its market value or its book value, called intrinsic value, which is Blue Hat'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 Blue Hat's market value can be influenced by many factors that don't directly affect Blue Hat'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 Blue Hat's value and its price as these two are different measures arrived at by different means. Investors typically determine Blue Hat value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blue Hat'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.