Forecasting fiscal stability in municipalities is increasingly critical as public entities face unprecedented financial challenges. Recent research has adapted Altman's renowned Z-Score model — ...

Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial ...

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, ...