Dionics Stock Z Score
| DION Stock | USD 0.0002 0.00 0.00% |
Dionics |
Dionics Company Z Score Analysis
Dionics' 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..
Current Dionics Z Score | 2.0 |
Most of Dionics' 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, Dionics is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores 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 highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
According to the company's disclosures, Dionics has a Z Score of 2.0. This is 85.13% lower than that of the Commercial Services & Supplies sector and 50.38% higher than that of the Industrials industry. The z score for all United States stocks is 77.06% higher than that of the company.
Dionics Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dionics' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Dionics could also be used in its relative valuation, which is a method of valuing Dionics by comparing valuation metrics of similar companies.Dionics is currently under evaluation in z score category among related companies.
Dionics Fundamentals
| Profit Margin | 0.61 % | |||
| Operating Margin | 0.61 % | |||
| Current Valuation | 927.6 K | |||
| Shares Outstanding | 47.88 M | |||
| Price To Book | 0.03 X | |||
| Price To Sales | 0.05 X | |||
| Revenue | 18.9 M | |||
| Gross Profit | 13.09 M | |||
| EBITDA | 12.43 M | |||
| Net Income | 11.87 M | |||
| Cash And Equivalents | 618.59 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 667.32 K | |||
| Debt To Equity | 0.02 % | |||
| Current Ratio | 5.70 X | |||
| Book Value Per Share | 0.69 X | |||
| Cash Flow From Operations | 15.04 M | |||
| Earnings Per Share | 0.25 X | |||
| Number Of Employees | 47 | |||
| Beta | 16.45 | |||
| Market Capitalization | 957.67 K | |||
| Total Asset | 27.24 M | |||
| Retained Earnings | 29 M | |||
| Working Capital | 5 M | |||
| Current Asset | 6 M | |||
| Current Liabilities | 1000 K | |||
| Z Score | 2.0 | |||
| Net Asset | 27.24 M |
About Dionics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dionics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dionics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dionics 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.
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 Dionics 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, Dionics' short interest history, or implied volatility extrapolated from Dionics options trading.
Pair Trading with Dionics
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 Dionics 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 Dionics will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dionics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dionics 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 Dionics - 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 Dionics to buy it.
The correlation of Dionics is a statistical measure of how it moves in relation to other instruments. 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 Dionics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dionics 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 Dionics 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.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dionics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for Dionics Pink Sheet analysis
When running Dionics' price analysis, check to measure Dionics' 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 Dionics is operating at the current time. Most of Dionics' value examination focuses on studying past and present price action to predict the probability of Dionics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dionics' price. Additionally, you may evaluate how the addition of Dionics to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |