Lorne Park Capital Stock Probability Of Bankruptcy
| LPC Stock | CAD 1.25 0.00 0.00% |
Lorne |
Lorne Park Capital Company odds of financial turmoil Analysis
Lorne Park'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Lorne Park Probability Of Bankruptcy | Less than 31% |
Most of Lorne Park'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, Lorne Park Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Lorne Park 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 Lorne Park 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 Lorne Park Capital financial health.
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.
| Competition |
Based on the latest financial disclosure, Lorne Park Capital has a Probability Of Bankruptcy of 31.0%. This is 37.91% lower than that of the Capital Markets sector and 22.89% lower than that of the Financials industry. The probability of bankruptcy for all Canada stocks is 22.17% higher than that of the company.
Lorne Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lorne Park's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lorne Park could also be used in its relative valuation, which is a method of valuing Lorne Park by comparing valuation metrics of similar companies.Lorne Park is currently under evaluation in probability of bankruptcy category among related companies.
Lorne Fundamentals
| Return On Equity | 0.0169 | |||
| Return On Asset | 0.0468 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.11 % | |||
| Current Valuation | 95.61 M | |||
| Shares Outstanding | 54.47 M | |||
| Shares Owned By Insiders | 57.62 % | |||
| Number Of Shares Shorted | 10.16 K | |||
| Price To Earning | 41.76 X | |||
| Price To Book | 5.67 X | |||
| Price To Sales | 2.19 X | |||
| Revenue | 29.4 M | |||
| Gross Profit | 7.99 M | |||
| EBITDA | 6.47 M | |||
| Net Income | 1.84 M | |||
| Cash And Equivalents | 4.26 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 10.64 M | |||
| Debt To Equity | 0.40 % | |||
| Current Ratio | 2.35 X | |||
| Book Value Per Share | 0.21 X | |||
| Cash Flow From Operations | 3.9 M | |||
| Short Ratio | 28.70 X | |||
| Earnings Per Share | 0.04 X | |||
| Beta | -0.013 | |||
| Market Capitalization | 68.09 M | |||
| Total Asset | 51.24 M | |||
| Retained Earnings | (2.44 M) | |||
| Working Capital | (3.22 M) | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 51.24 M | |||
| Last Dividend Paid | 0.028 |
About Lorne Park Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lorne Park Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lorne Park using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lorne Park Capital 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.
Pair Trading with Lorne Park
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 Lorne Park 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 Lorne Park will appreciate offsetting losses from the drop in the long position's value.Moving against Lorne Stock
| 0.52 | SGR-U | Slate Grocery REIT | PairCorr |
| 0.43 | SEC | Senvest Capital | PairCorr |
The ability to find closely correlated positions to Lorne Park could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lorne Park 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 Lorne Park - 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 Lorne Park Capital to buy it.
The correlation of Lorne Park 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 Lorne Park moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lorne Park Capital 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 Lorne Park 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lorne Park Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Lorne Stock analysis
When running Lorne Park's price analysis, check to measure Lorne Park'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 Lorne Park is operating at the current time. Most of Lorne Park's value examination focuses on studying past and present price action to predict the probability of Lorne Park's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lorne Park's price. Additionally, you may evaluate how the addition of Lorne Park to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| 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 | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |