Oshares Quality Dividend Etf Probability Of Bankruptcy
| OUSA Etf | USD 54.05 0.54 1.01% |
OShares |
OShares Quality Dividend ETF chance of distress Analysis
OShares Quality'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 OShares Quality Probability Of Bankruptcy | Less than 9% |
Most of OShares Quality'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, OShares Quality Dividend is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of OShares Quality 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 OShares Quality 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 OShares Quality Dividend financial health.
The market value of OShares Quality Dividend is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Quality's value that differs from its market value or its book value, called intrinsic value, which is OShares Quality'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 OShares Quality's market value can be influenced by many factors that don't directly affect OShares Quality'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 OShares Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Quality'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, OShares Quality Dividend has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the ALPS 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.
OShares Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses OShares Quality'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 OShares Quality could also be used in its relative valuation, which is a method of valuing OShares Quality by comparing valuation metrics of similar companies.OShares Quality is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
OShares Fundamentals
| Price To Earning | 19.67 X | |||
| Price To Book | 4.15 X | |||
| Price To Sales | 2.19 X | |||
| Number Of Employees | 384 | |||
| Beta | 0.78 | |||
| Total Asset | 698.41 M | |||
| One Year Return | 19.80 % | |||
| Three Year Return | 7.80 % | |||
| Five Year Return | 9.90 % | |||
| Net Asset | 698.41 M | |||
| Last Dividend Paid | 0.0581 | |||
| Equity Positions Weight | 99.97 % |
About OShares Quality Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze OShares Quality Dividend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OShares Quality using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OShares Quality Dividend 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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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.When determining whether OShares Quality Dividend offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OShares Quality's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Oshares Quality Dividend Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Oshares Quality Dividend Etf:Check out OShares Quality Piotroski F Score and OShares Quality Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of OShares Quality Dividend is measured differently than its book value, which is the value of OShares that is recorded on the company's balance sheet. Investors also form their own opinion of OShares Quality's value that differs from its market value or its book value, called intrinsic value, which is OShares Quality'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 OShares Quality's market value can be influenced by many factors that don't directly affect OShares Quality'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 OShares Quality's value and its price as these two are different measures arrived at by different means. Investors typically determine if OShares Quality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OShares Quality'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.