Among companies trading on the New York Stock Exchange and the Nasdaq, consumer cyclical, consumer defensive and industrial companies generally have strong Altman Z-scores. This suggests that these ...

Z-score is an extremely useful technique not only for screening, but also for stock picking and portfolio structuring. A backtest shows that using a composite Z-score, based on PC, PTBV and PE ratios, ...

Altman's Z-score has been used for several decades to calculate bankruptcy probability. However, the conventional Z-score fails to consider possible earnings manipulations that could change the ...

Could you please explain the purpose of Z-scores, as featured on page 43 of the investors chronicle last week (30 August)? There are two types of Z-score widely used in finance. Z-scores are often ...