Games Workshop Cash Flow from Operations vs. Z Score

GMWKF Stock  USD 125.00  2.00  1.57%   
Considering Games Workshop's profitability and operating efficiency indicators, Games Workshop Group may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in April. Profitability indicators assess Games Workshop's ability to earn profits and add value for shareholders.
For Games Workshop profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Games Workshop to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Games Workshop Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Games Workshop's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Games Workshop Group over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between Games Workshop's value and its price as these two are different measures arrived at by different means. Investors typically determine if Games Workshop is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Games Workshop'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.

Games Workshop Group Z Score vs. Cash Flow from Operations Fundamental Analysis

Games Z Score vs. Cash Flow from Operations

Games Workshop

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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..

Games Workshop

Z Score

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Sum Of

5 Factors

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1.0
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.

Games Z Score Comparison

Games Workshop is currently under evaluation in z score category among related companies.

Use Games Workshop in pair-trading

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 Games Workshop 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 Games Workshop will appreciate offsetting losses from the drop in the long position's value.

Games Workshop Pair Trading

Games Workshop Group Pair Trading Analysis

The ability to find closely correlated positions to Games Workshop could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Games Workshop 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 Games Workshop - 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 Games Workshop Group to buy it.
The correlation of Games Workshop 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 Games Workshop moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Games Workshop Group 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 Games Workshop 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.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Games Workshop position

In addition to having Games Workshop in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Real Estate ETFs
Real Estate ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Real Estate ETFs theme has 66 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate ETFs Theme or any other thematic opportunities.
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Check out Risk vs Return Analysis.
You can also try the Positions Ratings module to 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.

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When running Games Workshop's price analysis, check to measure Games Workshop'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 Games Workshop is operating at the current time. Most of Games Workshop's value examination focuses on studying past and present price action to predict the probability of Games Workshop's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Games Workshop's price. Additionally, you may evaluate how the addition of Games Workshop to your portfolios can decrease your overall portfolio volatility.
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To fully project Games Workshop's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Games Workshop Group at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Games Workshop's income statement, its balance sheet, and the statement of cash flows.
Potential Games Workshop investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Games Workshop investors may work on each financial statement separately, they are all related. The changes in Games Workshop's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Games Workshop's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.