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Showing posts from January, 2022

CTI BioPharma Corp. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sat Jan 22 2022 05:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model In this scenario, we would still include the existing debt maturity as a use of liquidity in our A/B and A-B calculations, if the debt matures within the corresponding liquidity horizon. The rationale is that our liquidity assessment is essentially a stress test against a sudden and severe loss of capital markets access availability. For companies with an anchor of at least 'bbb-' that meet certain characteristics, as outlined in paragraphs 38 and 39 of the criteria, we may use a shorter three- to six-month time horizon when assessing upcoming maturities. Rating Model for CTI BioPharma Corp.: We estimate the credit risk parameters by Modified (Smoothed) Moving Average and Wilcoxon Rank-Sum Test Credit Ratings for CTI BioPharma Corp. as of 22 Jan 2022 Credit Rating Sho

NASDAQ:CRNC Stock Forecast, Price Targets (Buy or Sell) | CRNC Cerence Inc. Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Rating and ANOVA. Machine Learning based stock forecast (n+3m) for CRNC Cerence Inc. as below: CRNC Cerence Inc. Stock Forecast (Buy or Sell) as of 22 Jan 2022 for (n+3m) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NASDAQ:CRNC Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 22 Jan 2022 for (n+3m) The EBITDA declines companies would have to withstand and still have defined sources cover defined uses are as follows for each liquidity descriptor: Adequate: Positive A-B, even if forecasted EBITDA declines by 30%.Weak: A/B or A-B reflecting a material deficit over the next 12 months. We estimate CRNC Cerence Inc. stock forecast parameters by: Rating with ANOVA

NASDAQ:LSAC Stock Forecast, Price Targets (Buy or Sell) | LSAC LifeSci Acquisition Corp. Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Adaptive Moving Average and Sign Test. Machine Learning based stock forecast (n+30) for LSAC LifeSci Acquisition Corp. as below: LSAC LifeSci Acquisition Corp. Stock Forecast (Buy or Sell) as of 22 Jan 2022 for (n+30) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NASDAQ:LSAC Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 22 Jan 2022 for (n+30) Shared facilities with captive finance entities. When an issuer has a shared revolving credit facility with a captive finance entity, for purposes of calculating the issuer's liquidity sources, we net outstanding commercial paper at the captive from the revolver's borrowing availability. In these cases, we generally use an estimat

Meadowbrook Insurance Group, Inc. Common Stock Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sat Jan 22 2022 01:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Under times of stress, such actions could include dividend cuts, suspension of share repurchases, or maintenance of minimum cash balances. This is particularly relevant for exceptional and strong assessments, where issuers are required to carry higher levels of excess liquidity even during times of stress. For example, when assessing liquidity, we would generally expect companies to be able to cover the full amount of dividends and share repurchases included in our base-case forecast, while still maintaining excess liquidity and achieving the required A/B and A-B measures under a stress case. Rating Model for Meadowbrook Insurance Group, Inc. Common Stock: We estimate the credit risk parameters by Robinson Oscillators and Paired T-Test Credit Ratings for Meadowbrook Insurance Group, Inc.

NASDAQ:LOGM Stock Forecast, Price Targets (Buy or Sell) | LOGM LogMeIn Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Keltner Channels and Wilcoxon Rank-Sum Test. Machine Learning based stock forecast (n+30) for LOGM LogMeIn as below: LOGM LogMeIn Stock Forecast (Buy or Sell) as of 22 Jan 2022 for (n+30) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NASDAQ:LOGM Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 22 Jan 2022 for (n+30) To assess forecasted working capital outflows for companies with material intra-year working capital requirements (for example, companies in seasonal businesses), we use forecasted peak working capital outflows, per paragraph 32 of the liquidity criteria. For seasonal businesses, in many cases the annual projection might indicate a working capital inflow or neutral wor

SAWYER SAVINGS BANK Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Sat Jan 22 2022 00:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Given that we exclude proposed "best efforts" or potential financings as a source of liquidity, we also exclude from uses of liquidity acquisitions and other discretionary spending that are contingent on the successful issuance of new financing to support the proposed transaction. Rating Model for SAWYER SAVINGS BANK: We estimate the credit risk parameters by Bollinger Bands and Simple Regression Credit Ratings for SAWYER SAVINGS BANK as of 22 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba3 B2 Semantic Signals 70 51 Financial Signals 57 61 Risk Signals 65 39 Substantial Risks 89 57 Speculative Signals 39 61 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize mach

Sac's Bar Holdings Inc Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 23:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not treat repayments of leases as debt maturities (even if International Financial Reporting Standard 16 shows them as such in the cash flow statement) because we already have reduced FFO by such lease cash outflow. Rating Model for Sac's Bar Holdings Inc: We estimate the credit risk parameters by RC Phase Shift Oscillator and ElasticNet Regression Credit Ratings for Sac's Bar Holdings Inc as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 B3 Semantic Signals 31 53 Financial Signals 77 45 Risk Signals 35 31 Substantial Risks 63 65 Speculative Signals 84 34 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from th

NASDAQ:HAS Stock Forecast, Price Targets (Buy or Sell) | HAS Hasbro Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Anomaly and Simple Regression. Machine Learning based stock forecast (n+1y) for HAS Hasbro as below: HAS Hasbro Stock Forecast (Buy or Sell) as of 21 Jan 2022 for (n+1y) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NASDAQ:HAS Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 21 Jan 2022 for (n+1y) For companies in more volatile sectors, we assess the resiliency of liquidity through a cycle. If we do not believe the resulting descriptor reflects sustainable liquidity characteristics, we could adjust our liquidity assessment downward. For example, we could lower our liquidity assessment on a volatile company to strong from exceptional if we believe key quantitative measures typical

CIVISTA BANK Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 22:42:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model We do not treat repayments of leases as debt maturities (even if International Financial Reporting Standard 16 shows them as such in the cash flow statement) because we already have reduced FFO by such lease cash outflow. Rating Model for CIVISTA BANK: We estimate the credit risk parameters by Ratiocator (RAT) and Polynomial Regression Credit Ratings for CIVISTA BANK as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Caa2 Baa2 Semantic Signals 46 53 Financial Signals 46 60 Risk Signals 31 74 Substantial Risks 70 87 Speculative Signals 30 90 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network and Support Vect

Uranium Resources, Inc. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 21:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model Our view of a company's financial policy is an important input when assessing its current and future liquidity position. For instance, we assess whether a company has historically had a higher risk appetite and an aggressive acquisition strategy that has strained its liquidity position, or whether it has taken actions to preserve liquidity in past downturns. Rating Model for Uranium Resources, Inc.: We estimate the credit risk parameters by Price Oscillator (PPO) and Independent T-Test Credit Ratings for Uranium Resources, Inc. as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 B3 Semantic Signals 65 31 Financial Signals 56 46 Risk Signals 66 55 Substantial Risks 51 43 Speculative Signals 51 33 *Machine Learning utilizes multiple

ELMOS SEMICONDUCTOR AG Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 20:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model In these cases, the level of capital expenditures will be lower than estimates in our base-case forecast to determine an issuer's financial risk profile, particularly for companies that are pursuing discrete growth projects that have not been committed or can be easily curtailed in case of a need to preserve cash. Rating Model for ELMOS SEMICONDUCTOR AG: We estimate the credit risk parameters by Tuned Collector Oscillator and Factor Credit Ratings for ELMOS SEMICONDUCTOR AG as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B2 B3 Semantic Signals 85 60 Financial Signals 35 46 Risk Signals 37 35 Substantial Risks 53 43 Speculative Signals 64 49 *Machine Learning utilizes multiple learning algorithms to obtain better predictive powers.

People's Insurance Group of China Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 19:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For companies that engage in reverse factoring--where accounts payable (AP) days are extended beyond the term customary for the industry and supply chain--we assess the likelihood and potential impact on liquidity of these arrangements ceasing to exist. In such a scenario, a company could be subject to material working capital outflows if AP days with its suppliers revert back to industry norms. Accordingly, we exclude these arrangements from sources of liquidity. Rating Model for People's Insurance Group of China Co Ltd: We estimate the credit risk parameters by Gunn Oscillator and Stepwise Regression Credit Ratings for People's Insurance Group of China Co Ltd as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba2 Baa2 Semantic Signal

NASDAQ:GMAB Stock Forecast, Price Targets (Buy or Sell) | GMAB Genmab A/S Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Crystal Oscillators and Polynomial Regression. Machine Learning based stock forecast (n+6m) for GMAB Genmab A/S as below: GMAB Genmab A/S Stock Forecast (Buy or Sell) as of 21 Jan 2022 for (n+6m) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NASDAQ:GMAB Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 21 Jan 2022 for (n+6m) Given that we exclude proposed "best efforts" or potential financings as a source of liquidity, we also exclude from uses of liquidity acquisitions and other discretionary spending that are contingent on the successful issuance of new financing to support the proposed transaction. We estimate GMAB Genmab A/S stock forecast parameters by: Crystal Oscil

Cutera, Inc. Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 18:42:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model To assess an issuer's standing in the credit markets, we may look at factors such as equity, debt, and credit default swaps (CDS) trading levels, where available, relative to peers and market averages. For example, lower-than-average debt trading levels or widening rating-adjusted spreads relative to market averages may indicate decreasing market confidence about a company's prospects and ability to meet its debt maturities. As a result, the company could have increased difficulty accessing the capital markets. Rating Model for Cutera, Inc.: We estimate the credit risk parameters by Ring Oscillators and Pearson Correlation Credit Ratings for Cutera, Inc. as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba2 Ba3 Semantic Signals 72 51

NASDAQ:SSTI Stock Forecast, Price Targets (Buy or Sell) | SSTI ShotSpotter Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with RRS and ANOVA. Machine Learning based stock forecast (n+3m) for SSTI ShotSpotter as below: SSTI ShotSpotter Stock Forecast (Buy or Sell) as of 21 Jan 2022 for (n+3m) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NASDAQ:SSTI Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 21 Jan 2022 for (n+3m) When determining the cash to be included under sources (A), we use cash that will be available to cover monetary outflows. As a result, we may make haircuts to account for cash trapped overseas (for example, haircut for taxes payable upon repatriation of cash held abroad), apply a discount to lower-quality marketable securities, and exclude restricted cash held for specific purposes. We est

Suzhou New District Hi-Tech Indsl Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 17:42:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When determining the cash to be included under sources (A), we use cash that will be available to cover monetary outflows. As a result, we may make haircuts to account for cash trapped overseas (for example, haircut for taxes payable upon repatriation of cash held abroad), apply a discount to lower-quality marketable securities, and exclude restricted cash held for specific purposes. Rating Model for Suzhou New District Hi-Tech Indsl Co Ltd: We estimate the credit risk parameters by On Balance Volume (OBV) and Linear Regression Credit Ratings for Suzhou New District Hi-Tech Indsl Co Ltd as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* Ba1 B2 Semantic Signals 81 30 Financial Signals 63 58 Risk Signals 87 57 Substantial Risks 65 69 Specula

NYSE:STK Stock Forecast, Price Targets (Buy or Sell) | STK Columbia Seligman Premium Technology Growth Fund Inc Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Running Moving Average (RMA) and Simple Regression. Machine Learning based stock forecast (n+1y) for STK Columbia Seligman Premium Technology Growth Fund Inc as below: STK Columbia Seligman Premium Technology Growth Fund Inc Stock Forecast (Buy or Sell) as of 21 Jan 2022 for (n+1y) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NYSE:STK Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 21 Jan 2022 for (n+1y) For example, if a company incurred a large working capital inflow in the fourth quarter, which more than offset working capital outflows during the first three quarters, we would use the peak working capital outflows within our A/B and A-B calculation. However, we avoid double-c

China Greenfresh Group Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 16:42:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model For these reasons, although the criteria establish no rating threshold for liquidity, we typically expect: Instances of 'B+' and below rated issuers achieving liquidity descriptors higher than adequate to be rare and Few companies to qualify for the exceptional category, and these entities to typically have issuer credit ratings of 'BBB-' or above. Rating Model for China Greenfresh Group Co Ltd: We estimate the credit risk parameters by Stochastic Oscillator and Wilcoxon Rank-Sum Test Credit Ratings for China Greenfresh Group Co Ltd as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B3 Ba2 Semantic Signals 44 48 Financial Signals 43 46 Risk Signals 51 75 Substantial Risks 77 76 Speculative Signals 35 90 *Machine Learnin

NYSE:MMU Stock Forecast, Price Targets (Buy or Sell) | MMU Western Asset Managed Municipals Fund Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with On Balance Volume (OBV) and Beta. Machine Learning based stock forecast (n+6m) for MMU Western Asset Managed Municipals Fund as below: MMU Western Asset Managed Municipals Fund Stock Forecast (Buy or Sell) as of 21 Jan 2022 for (n+6m) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NYSE:MMU Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 21 Jan 2022 for (n+6m) When determining the cash to be included under sources (A), we use cash that will be available to cover monetary outflows. As a result, we may make haircuts to account for cash trapped overseas (for example, haircut for taxes payable upon repatriation of cash held abroad), apply a discount to lower-quality marketable securiti

Jiangsu Beiren Robot System Co Ltd Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 14:42:03 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model While we only include contractual acquisitions when calculating A/B and A-B, when evaluating qualitative factors, we focus more on a company's track record and our expectation for financial management. In this respect, the quantitative and qualitative factors under the liquidity criteria are meant to complement each other and produce a more comprehensive view of a company's future liquidity position. Rating Model for Jiangsu Beiren Robot System Co Ltd: We estimate the credit risk parameters by Bollinger Bands Width and Paired T-Test Credit Ratings for Jiangsu Beiren Robot System Co Ltd as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B1 Ba3 Semantic Signals 78 71 Financial Signals 78 74 Risk Signals 88 50 Substantial Risks 37 63

NASDAQ:LANC Stock Forecast, Price Targets (Buy or Sell) | LANC Lancaster Colony Corporation Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Rank Correlation Index (RCI) and ElasticNet Regression. Machine Learning based stock forecast (n+1y) for LANC Lancaster Colony Corporation as below: LANC Lancaster Colony Corporation Stock Forecast (Buy or Sell) as of 21 Jan 2022 for (n+1y) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NASDAQ:LANC Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 21 Jan 2022 for (n+1y) We do not include potential future debt issuances as a source of liquidity because of the uncertainty of a company's ability to access debt markets in times of financial stress, even for investment-grade issuers. For instance, in the case of a proposed financing, with the intended use of proceeds to repay existin

First-Corporation Inc Credit Rating & Financial Statements Analysis

BOSTON (AC Invest Credit Rating Terminal) Fri Jan 21 2022 13:42:02 GMT+0000 (Coordinated Universal Time) AI Credit Ratings today took the rating actions below: Credit Rating Rationales & Model When determining the cash to be included under sources (A), we use cash that will be available to cover monetary outflows. As a result, we may make haircuts to account for cash trapped overseas (for example, haircut for taxes payable upon repatriation of cash held abroad), apply a discount to lower-quality marketable securities, and exclude restricted cash held for specific purposes. Rating Model for First-Corporation Inc: We estimate the credit risk parameters by Clapp Oscillators and Beta Credit Ratings for First-Corporation Inc as of 21 Jan 2022 Credit Rating Short-Term Long-Term Senior AI Rating Class* B3 B1 Semantic Signals 68 53 Financial Signals 32 69 Risk Signals 59 32 Substantial Risks 37 78 Speculative Signals 49 61 *Machine Learning utilizes multiple l

NYSE:HMC Stock Forecast, Price Targets (Buy or Sell) | HMC Honda Motor Company Analyst Ratings

Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Chaikin Money Flow and Multiple Regression. Machine Learning based stock forecast (n+6m) for HMC Honda Motor Company as below: HMC Honda Motor Company Stock Forecast (Buy or Sell) as of 21 Jan 2022 for (n+6m) How Does Forecast Model Work? x axis:Likelihood % y axis:Potential Impact % z axis:Color (yellow to green) Technical Analysis % NYSE:HMC Stock Forecast Rationales & Analyst Ratings Time series to forecast n: 21 Jan 2022 for (n+6m) Given that it can be difficult to identify outstanding CP at any point in time, when considering coverage, we may include our expectations for peak outstanding CP during the year as opposed to CP balances as of the last filing date, especially if we believe reported balances are not reflective of typical borrowing patterns. We estimate HMC Honda Motor

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