Etf Securities Etf Probability Of Bankruptcy
ETF Securities' risk of distress is under 9% at the present time. It has tiny likelihood of undergoing some form of financial hardship in the near future. ETF Securities' Chance of financial distress is determined by interpolating and adjusting ETF Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
ETF |
ETF Securities ETF chance of financial distress Analysis
ETF Securities' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current ETF Securities Probability Of Bankruptcy | Less than 9% |
Most of ETF Securities' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, ETF Securities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ETF Securities probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting ETF Securities odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of ETF Securities financial health.
The market value of ETF Securities is measured differently than its book value, which is the value of ETF that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Securities' value that differs from its market value or its book value, called intrinsic value, which is ETF Securities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ETF Securities' market value can be influenced by many factors that don't directly affect ETF Securities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ETF Securities' value and its price as these two are different measures arrived at by different means. Investors typically determine if ETF Securities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Securities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
CompetitionBased on the latest financial disclosure, ETF Securities has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Aberdeen Standard Investments family and significantly higher than that of the Probability Of Bankruptcy category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.
ETF Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETF Securities' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of ETF Securities could also be used in its relative valuation, which is a method of valuing ETF Securities by comparing valuation metrics of similar companies.ETF Securities is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
ETF Fundamentals
| Number Of Employees | 527 | |||
| Total Asset | 3.84 M | |||
| One Year Return | (0.13) % | |||
| Net Asset | 3.84 M | |||
| Last Dividend Paid | 1.27 | |||
| Equity Positions Weight | 24.57 % | |||
| Bond Positions Weight | 5.16 % |
Currently Active Assets on Macroaxis
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Tools for ETF Etf
When running ETF Securities' price analysis, check to measure ETF Securities' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ETF Securities is operating at the current time. Most of ETF Securities' value examination focuses on studying past and present price action to predict the probability of ETF Securities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ETF Securities' price. Additionally, you may evaluate how the addition of ETF Securities to your portfolios can decrease your overall portfolio volatility.
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