Distillate Fundamental Stability Etf Probability Of Bankruptcy
| DSTL Etf | USD 54.99 0.23 0.42% |
Distillate |
Distillate Fundamental Stability ETF odds of financial distress Analysis
Distillate Fundamental's 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 Distillate Fundamental Probability Of Bankruptcy | Less than 9% |
Most of Distillate Fundamental's 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, Distillate Fundamental Stability is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Distillate Fundamental 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 Distillate Fundamental 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 Distillate Fundamental Stability financial health.
The market value of Distillate Fundamental is measured differently than its book value, which is the value of Distillate that is recorded on the company's balance sheet. Investors also form their own opinion of Distillate Fundamental's value that differs from its market value or its book value, called intrinsic value, which is Distillate Fundamental's 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 Distillate Fundamental's market value can be influenced by many factors that don't directly affect Distillate Fundamental's 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 Distillate Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Distillate Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Distillate Fundamental's 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.
| Competition |
Based on the latest financial disclosure, Distillate Fundamental Stability has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Distillate Capital Partners family and significantly higher than that of the Large Value category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.
Distillate Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Distillate Fundamental's 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 Distillate Fundamental could also be used in its relative valuation, which is a method of valuing Distillate Fundamental by comparing valuation metrics of similar companies.Distillate Fundamental is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
Distillate Fundamentals
| Number Of Employees | 202 | |||
| Beta | 0.97 | |||
| Total Asset | 725.27 M | |||
| One Year Return | 4.40 % | |||
| Three Year Return | 8.30 % | |||
| Five Year Return | 19.80 % | |||
| Net Asset | 725.27 M | |||
| Last Dividend Paid | 0.3 | |||
| Equity Positions Weight | 99.84 % |
About Distillate Fundamental Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Distillate Fundamental Stability's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Distillate Fundamental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Distillate Fundamental Stability based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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The market value of Distillate Fundamental is measured differently than its book value, which is the value of Distillate that is recorded on the company's balance sheet. Investors also form their own opinion of Distillate Fundamental's value that differs from its market value or its book value, called intrinsic value, which is Distillate Fundamental's 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 Distillate Fundamental's market value can be influenced by many factors that don't directly affect Distillate Fundamental's 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 Distillate Fundamental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Distillate Fundamental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Distillate Fundamental's 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.