Oxe Marine Ab Stock Probability Of Bankruptcy
| OXE Stock | SEK 0.53 0.02 3.64% |
OXE |
OXE Marine AB Company probability of financial unrest Analysis
OXE Marine'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 OXE Marine Probability Of Bankruptcy | Over 62% |
Most of OXE Marine'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, OXE Marine AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of OXE Marine 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 OXE Marine 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 OXE Marine AB 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, OXE Marine AB has a Probability Of Bankruptcy of 62%. This is 49.79% higher than that of the Consumer Cyclical sector and 83.22% higher than that of the Auto Parts industry. The probability of bankruptcy for all Sweden stocks is 55.66% lower than that of the firm.
OXE Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OXE Marine'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 OXE Marine could also be used in its relative valuation, which is a method of valuing OXE Marine by comparing valuation metrics of similar companies.OXE Marine is currently under evaluation in probability of bankruptcy category among related companies.
OXE Fundamentals
| Return On Equity | -1.14 | |||
| Return On Asset | -0.12 | |||
| Profit Margin | (0.48) % | |||
| Operating Margin | (0.42) % | |||
| Current Valuation | 621.87 M | |||
| Shares Outstanding | 304.07 M | |||
| Shares Owned By Insiders | 56.90 % | |||
| Price To Book | 4.92 X | |||
| Price To Sales | 2.32 X | |||
| Revenue | 99.8 M | |||
| Gross Profit | 37.53 M | |||
| EBITDA | (43.57 M) | |||
| Net Income | (71.83 M) | |||
| Cash And Equivalents | 27.63 M | |||
| Cash Per Share | 0.14 X | |||
| Total Debt | 211.69 M | |||
| Debt To Equity | 2.92 % | |||
| Current Ratio | 2.44 X | |||
| Book Value Per Share | 0.31 X | |||
| Cash Flow From Operations | (25.8 M) | |||
| Earnings Per Share | (0.34) X | |||
| Target Price | 2.6 | |||
| Number Of Employees | 51 | |||
| Beta | 1.39 | |||
| Market Capitalization | 441.51 M | |||
| Total Asset | 330.34 M | |||
| Z Score | 1.2 | |||
| Net Asset | 330.34 M |
About OXE Marine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OXE Marine AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OXE Marine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OXE Marine AB 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 OXE Marine
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 OXE Marine 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 OXE Marine will appreciate offsetting losses from the drop in the long position's value.Moving against OXE Stock
| 0.75 | VBG-B | VBG Group AB | PairCorr |
| 0.73 | BULTEN | Bulten AB | PairCorr |
| 0.68 | CLAV | Clavister Holding | PairCorr |
| 0.66 | ALIV-SDB | Autoliv | PairCorr |
| 0.61 | EWRK | eWork Group AB | PairCorr |
The ability to find closely correlated positions to OXE Marine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OXE Marine 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 OXE Marine - 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 OXE Marine AB to buy it.
The correlation of OXE Marine 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 OXE Marine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OXE Marine AB 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 OXE Marine 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in OXE Marine AB. 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. Note that the OXE Marine AB information on this page should be used as a complementary analysis to other OXE Marine'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 the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for OXE Stock analysis
When running OXE Marine's price analysis, check to measure OXE Marine'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 OXE Marine is operating at the current time. Most of OXE Marine's value examination focuses on studying past and present price action to predict the probability of OXE Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OXE Marine's price. Additionally, you may evaluate how the addition of OXE Marine to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |