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Related to Z score: Altman Z Score
Statistical measure that quantifies the distance (measured in standard deviations) a data point is from the mean of a data set. Separately, Z score is the output from a credit-strength test that gauges the likelihood of bankruptcy.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
In statistics, the number of standard deviations a data point is from the mean value. Measuring the Z-score of a company is used to help determine a company's likelihood of bankruptcy.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved