Empresa Nacional De Stock Probability Of Bankruptcy

ENTEL Stock  CLP 3,043  52.00  1.74%   
Empresa Nacional's likelihood of distress is under 9% at this time. It has tiny risk of undergoing some form of financial straits in the near future. Empresa Nacional's Probability of financial unrest is determined by interpolating and adjusting Empresa Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Empresa balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Empresa Nacional de. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
  

Empresa Nacional de Company probability of financial unrest Analysis

Empresa Nacional'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.

Probability Of Bankruptcy

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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Empresa Nacional Probability Of Bankruptcy

    
  Less than 9%  
Most of Empresa Nacional'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, Empresa Nacional de is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Empresa Nacional 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 Empresa Nacional 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 Empresa Nacional de financial health.
Please note, there is a significant difference between Empresa Nacional's value and its price as these two are different measures arrived at by different means. Investors typically determine if Empresa Nacional is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Empresa Nacional'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, Empresa Nacional de has a Probability Of Bankruptcy of 9.0%. This is 82.56% lower than that of the Communication Services sector and 81.7% lower than that of the Telecom Services industry. The probability of bankruptcy for all Chile stocks is 77.4% higher than that of the company.

Empresa Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Empresa Nacional's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Empresa Nacional could also be used in its relative valuation, which is a method of valuing Empresa Nacional by comparing valuation metrics of similar companies.
Empresa Nacional is currently under evaluation in probability of bankruptcy category among its peers.

Empresa Fundamentals

About Empresa Nacional Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Empresa Nacional de's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Empresa Nacional using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Empresa Nacional de based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.

Pair Trading with Empresa Nacional

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Empresa Nacional position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Empresa Nacional will appreciate offsetting losses from the drop in the long position's value.

Moving together with Empresa Stock

  0.72COPEC Empresas Copec SAPairCorr
The ability to find closely correlated positions to Empresa Nacional could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Empresa Nacional when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Empresa Nacional - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Empresa Nacional de to buy it.
The correlation of Empresa Nacional is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Empresa Nacional moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Empresa Nacional moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Empresa Nacional can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Empresa Stock Analysis

When running Empresa Nacional's price analysis, check to measure Empresa Nacional's 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 Empresa Nacional is operating at the current time. Most of Empresa Nacional's value examination focuses on studying past and present price action to predict the probability of Empresa Nacional's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Empresa Nacional's price. Additionally, you may evaluate how the addition of Empresa Nacional to your portfolios can decrease your overall portfolio volatility.