Altman Z score – Help Protect your Back Side
Think of this post as a Christmas present, even though this knowledge has been around for a long time. When you are slumming in the Low Book Value world you need to make sure you are protecting your down side. After all there is a reason most companies have been humbled by the market. The Altman Z-score can be a tool to help you avoid the worse of the companies in the value world.