Source Sp 500 Etf Probability Of Bankruptcy
| E500 Etf | EUR 45.72 0.02 0.04% |
Source |
Source SP 500 ETF chance of financial distress Analysis
Source SP'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 Source SP Probability Of Bankruptcy | 50% |
Most of Source SP'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, Source SP 500 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Source SP 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 Source SP 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 Source SP 500 financial health.
Please note, there is a significant difference between Source SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Source SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Source SP'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.
Based on the latest financial disclosure, Source SP 500 has a Probability Of Bankruptcy of 50.0%. This is much higher than that of the Invesco Investment Management Limited family and significantly higher than that of the Probability Of Bankruptcy category. The probability of bankruptcy for all Germany etfs is notably lower than that of the firm.
Source Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Source SP'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 Source SP could also be used in its relative valuation, which is a method of valuing Source SP by comparing valuation metrics of similar companies.Source SP is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
Source Fundamentals
| One Year Return | 0.47 % | |||
| Three Year Return | 8.78 % | |||
| Equity Positions Weight | 100.00 % |
About Source SP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Source SP 500's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Source SP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Source SP 500 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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Other Information on Investing in Source Etf
Source SP financial ratios help investors to determine whether Source Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Source with respect to the benefits of owning Source SP security.