TERIX Z Score

TERIX
 Fund
  

USD 23.56  0.02  0.09%   

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. Additionally, take a look at ALL TERRAIN Piotroski F Score and Portfolio Optimization analysis.
  

TERIX Z Score Analysis

ALL TERRAIN'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

ALL TERRAIN Z Score Component Assessment

Based on the company's disclosures, ALL TERRAIN OPPORTUNITY has a Z Score of 0.0. This indicator is about the same for the AXS average (which is currently at 0.0) family and about the same as Macro Trading (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).

TERIX Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ALL TERRAIN's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of ALL TERRAIN could also be used in its relative valuation, which is a method of valuing ALL TERRAIN by comparing valuation metrics of similar companies.
ALL TERRAIN is currently under evaluation in z score among similar funds.

Fund Asset Allocation for ALL TERRAIN

The fund invests 17.03% of asset under management in tradable equity instruments, with the rest of investments concentrated in bonds (40.79%) , cash (41.05%) and various exotic instruments.
   Value   
       Instrument Type  

TERIX Fundamentals

About ALL TERRAIN Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ALL TERRAIN OPPORTUNITY's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALL TERRAIN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ALL TERRAIN OPPORTUNITY based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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 fund will make investments that the funds advisors believe offer a high probability of return, or, alternatively, a high degree of safety during uncertain market conditions. All Terrain is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ALL TERRAIN 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.

Did you try this?

Run Sync Your Broker Now

   

Sync Your Broker

Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at ALL TERRAIN Piotroski F Score and Portfolio Optimization analysis. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for analysis

When running ALL TERRAIN OPPORTUNITY price analysis, check to measure ALL TERRAIN'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 ALL TERRAIN is operating at the current time. Most of ALL TERRAIN's value examination focuses on studying past and present price action to predict the probability of ALL TERRAIN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ALL TERRAIN's price. Additionally, you may evaluate how the addition of ALL TERRAIN to your portfolios can decrease your overall portfolio volatility.
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Please note, there is a significant difference between ALL TERRAIN's value and its price as these two are different measures arrived at by different means. Investors typically determine ALL TERRAIN value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALL TERRAIN'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.