OCA Acquisition Z Score

OCAX
 Stock
  

USD 10.20  0.02  0.20%   

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 check OCA Acquisition Piotroski F Score and OCA Acquisition Valuation analysis.
  

OCA Acquisition Z Score Analysis

OCA Acquisition'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

Current OCA Acquisition Z Score

    
  75.6  
Most of OCA Acquisition'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, OCA Acquisition Corp 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

Based on the company's disclosures, OCA Acquisition Corp has a Z Score of 75. This is much higher than that of the Financial Services sector and significantly higher than that of the Shell Companies industry. The z score for all United States stocks is notably lower than that of the firm.

OCA Acquisition Z Score Peer Comparison

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

OCA Acquisition Institutional Holders

Institutional Holdings refers to the ownership stake in OCA Acquisition that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of OCA Acquisition'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 OCA Acquisition's value.
Security TypeSharesValue
Yakira Capital Management IncCommon Shares10 K101 K
Yakira Capital Management IncCommon Shares10 K101 K
Yakira Capital Management IncCommon Shares10 K101 K
Yakira Capital Management IncCommon Shares10 K102 K
Yakira Capital Management IncCommon Shares10 K101 K
Yakira Capital Management IncCommon Shares10 K102 K
Yakira Capital Management IncCommon Shares10 K100 K
Wolverine Asset Management LlcWarrants1.7 K0.0

OCA Acquisition Fundamentals

About OCA Acquisition Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze OCA Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OCA Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OCA Acquisition Corp 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.
The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. OCA Acquisition Corp. was incorporated in 2020 and is based in New York, New York. OCA Acquisition operates under Shell Companies classification in the United States and is traded on NASDAQ Exchange.

Be your own money manager

Our tools can tell you how much better you can do entering a position in OCA Acquisition 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 risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check OCA Acquisition Piotroski F Score and OCA Acquisition Valuation analysis. Note that the OCA Acquisition Corp information on this page should be used as a complementary analysis to other OCA Acquisition'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running OCA Acquisition Corp price analysis, check to measure OCA Acquisition'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 OCA Acquisition is operating at the current time. Most of OCA Acquisition's value examination focuses on studying past and present price action to predict the probability of OCA Acquisition's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OCA Acquisition's price. Additionally, you may evaluate how the addition of OCA Acquisition to your portfolios can decrease your overall portfolio volatility.
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Is OCA Acquisition'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 OCA Acquisition. If investors know OCA Acquisition 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 OCA Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.91
Market Capitalization
190.6 M
The market value of OCA Acquisition Corp is measured differently than its book value, which is the value of OCA Acquisition that is recorded on the company's balance sheet. Investors also form their own opinion of OCA Acquisition's value that differs from its market value or its book value, called intrinsic value, which is OCA Acquisition'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 OCA Acquisition's market value can be influenced by many factors that don't directly affect OCA Acquisition'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 OCA Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine OCA Acquisition value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OCA Acquisition'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.