Mogo Inc Stock Probability Of Bankruptcy
| MOGO Stock | CAD 1.70 0.03 1.80% |
Mogo | Probability Of Bankruptcy |
Mogo Inc Company odds of distress Analysis
Mogo'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 Mogo Probability Of Bankruptcy | Over 84% |
Most of Mogo'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, Mogo Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Mogo 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 Mogo 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 Mogo Inc financial health.
Mogo Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Mogo is extremely important. It helps to project a fair market value of Mogo Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Mogo's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Mogo's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Mogo's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Mogo Inc has a Probability Of Bankruptcy of 84%. This is 107.61% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all Canada stocks is 110.9% lower than that of the firm.
Mogo Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Mogo'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 Mogo could also be used in its relative valuation, which is a method of valuing Mogo by comparing valuation metrics of similar companies.Mogo is currently under evaluation in probability of bankruptcy category among its peers.
Mogo Main Bankruptcy Drivers
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Asset Turnover | 0.46 | 0.4 | 0.42 | 0.15 | 0.31 | 0.38 | |
| Net Debt | 79.3M | 19.5M | 58.5M | 72.8M | 77.1M | 54.2M | |
| Total Current Liabilities | 45.5M | 65.8M | 67.2M | 73.5M | 71.0M | 57.1M | |
| Non Current Liabilities Total | 53.7M | 58.3M | 43.4M | 40.6M | 37.5M | 49.6M | |
| Total Assets | 104.5M | 393.9M | 221.5M | 207.8M | 189.6M | 153.7M | |
| Total Current Assets | 62.3M | 135.3M | 100.1M | 92.7M | 106.8M | 89.0M | |
| Total Cash From Operating Activities | 43.8M | (29.6M) | (27.0M) | (9.2M) | (1.3M) | (1.3M) |
Mogo Fundamentals
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0415 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | (0.29) % | ||||
| Current Valuation | 91.44 M | ||||
| Shares Outstanding | 23.78 M | ||||
| Shares Owned By Insiders | 1.00 % | ||||
| Shares Owned By Institutions | 10.61 % | ||||
| Number Of Shares Shorted | 21.8 K | ||||
| Price To Book | 0.55 X | ||||
| Price To Sales | 0.99 X | ||||
| Revenue | 71.15 M | ||||
| Gross Profit | 26.66 M | ||||
| EBITDA | 7.12 M | ||||
| Net Income | (13.68 M) | ||||
| Cash And Equivalents | 8.53 M | ||||
| Cash Per Share | 0.26 X | ||||
| Total Debt | 85.62 M | ||||
| Current Ratio | 6.62 X | ||||
| Book Value Per Share | 3.26 X | ||||
| Cash Flow From Operations | (1.27 M) | ||||
| Short Ratio | 0.31 X | ||||
| Earnings Per Share | 0.31 X | ||||
| Target Price | 3.5 | ||||
| Beta | 3.51 | ||||
| Market Capitalization | 40.42 M | ||||
| Total Asset | 189.65 M | ||||
| Retained Earnings | (345.51 M) | ||||
| Working Capital | 35.81 M | ||||
| Net Asset | 189.65 M |
About Mogo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Mogo Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Mogo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Mogo Inc 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 Mogo
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 Mogo 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 Mogo will appreciate offsetting losses from the drop in the long position's value.Moving together with Mogo Stock
Moving against Mogo Stock
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The ability to find closely correlated positions to Mogo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mogo 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 Mogo - 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 Mogo Inc to buy it.
The correlation of Mogo 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 Mogo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mogo Inc 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 Mogo 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 Mogo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.