HIMS HERS Probability Of Bankruptcy

HIMS HERS HEALTH Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. HIMS HERS HEALTH Probability Of Bankruptcy is determined by interpolating and adjusting HIMS HERS Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the HIMS HERS balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center.
  
Refresh

HIMS HERS Probability Of Bankruptcy Analysis

HIMS HERS's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current HIMS HERS Probability Of Bankruptcy

    
  75%  
Most of HIMS HERS's fundamental indicators, such as Probability Of Bankruptcy, 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, HIMS HERS HEALTH is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of HIMS HERS probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting HIMS HERS odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of HIMS HERS HEALTH financial health.
Is HIMS HERS'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 HIMS HERS. If investors know HIMS HERS 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 HIMS HERS 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 HIMS HERS HEALTH is measured differently than its book value, which is the value of HIMS HERS that is recorded on the company's balance sheet. Investors also form their own opinion of HIMS HERS's value that differs from its market value or its book value, called intrinsic value, which is HIMS HERS'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 HIMS HERS's market value can be influenced by many factors that don't directly affect HIMS HERS'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 HIMS HERS's value and its price as these two are different measures arrived at by different means. Investors typically determine HIMS HERS value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIMS HERS'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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, HIMS HERS HEALTH has a Probability Of Bankruptcy of 75%. This is 50.21% higher than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The probability of bankruptcy for all United States stocks is 88.3% lower than that of the firm.
Chance Of Financial Distress
Over 75
HIMS HERS HEALTH has more than 75 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for HIMS HERS stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

HIMS HERS Fundamentals

HIMS HERS Investors Sentiment

The influence of HIMS HERS's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in HIMS HERS. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 HIMS HERS 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, HIMS HERS's short interest history, or implied volatility extrapolated from HIMS HERS options trading.

Current Sentiment - OAC

HIMS HERS HEALTH Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in HIMS HERS HEALTH. What is your judgment towards investing in HIMS HERS HEALTH? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as HIMS HERS HEALTH using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Your Equity Center. Note that the HIMS HERS HEALTH information on this page should be used as a complementary analysis to other HIMS HERS'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Other Tools for HIMS HERS Stock

When running HIMS HERS HEALTH price analysis, check to measure HIMS HERS'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 HIMS HERS is operating at the current time. Most of HIMS HERS's value examination focuses on studying past and present price action to predict the probability of HIMS HERS's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HIMS HERS's price. Additionally, you may evaluate how the addition of HIMS HERS to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go