This project is to be used by a
buy side analyst looking to take a short position in a company. Short sellers
make their money off of other companies ill fortune. Bankruptcy is one of those
ill fortunes that can beset a company. The Altman Z-Score is a model developed
by a scholar, which takes into account various financial measures and computes
a z score or measure of whether or not bankruptcy is likely. This tool takes as
its input a stock ticker, and from that ticker looks up all of the various
financial measures necessary and then gives you the z score as the final result
so that you can know whether or not a specified company is on the road to
financial destruction.
- http://files.gove.net/shares/files/15f/lakes09/Lake_Stuart_Altman_Z-Score_VBA_Final_Project.pdf
- http://files.gove.net/shares/files/15f/lakes09/Lake_Stuart_Altman_Z-Score_VBA_Final_Project.xlsm
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