Ibcd Etf Probability Of Bankruptcy
IBCD's risk of distress is under 9% at the present time. It has tiny likelihood of undergoing some form of financial crunch in the near future. IBCD's Probability of distress is determined by interpolating and adjusting IBCD Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. Check out Risk vs Return Analysis 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 main economic indicators.
IBCD |
IBCD ETF probability of distress Analysis
IBCD'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 IBCD Probability Of Bankruptcy | Less than 9% |
Most of IBCD'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, IBCD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of IBCD 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 IBCD 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 IBCD financial health.
The market value of IBCD is measured differently than its book value, which is the value of IBCD that is recorded on the company's balance sheet. Investors also form their own opinion of IBCD's value that differs from its market value or its book value, called intrinsic value, which is IBCD'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 IBCD's market value can be influenced by many factors that don't directly affect IBCD'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 IBCD's value and its price as these two are different measures arrived at by different means. Investors typically determine if IBCD is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IBCD'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.
CompetitionBased on the latest financial disclosure, IBCD has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the iShares family and significantly higher than that of the Short-Term Bond category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.
IBCD Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses IBCD'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 IBCD could also be used in its relative valuation, which is a method of valuing IBCD by comparing valuation metrics of similar companies.IBCD is rated below average in probability of bankruptcy as compared to similar ETFs.
IBCD Fundamentals
| Number Of Employees | 242 | |||
| Total Asset | 76.25 M | |||
| One Year Return | 2.12 % | |||
| Three Year Return | 1.72 % | |||
| Five Year Return | 1.80 % | |||
| Net Asset | 76.25 M | |||
| Last Dividend Paid | 0.032 |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis 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 main economic indicators. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Tools for IBCD Etf
When running IBCD's price analysis, check to measure IBCD'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 IBCD is operating at the current time. Most of IBCD's value examination focuses on studying past and present price action to predict the probability of IBCD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IBCD's price. Additionally, you may evaluate how the addition of IBCD to your portfolios can decrease your overall portfolio volatility.
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