Diodes Incorporated Stock Probability Of Bankruptcy
| DIOD Stock | USD 73.01 0.99 1.34% |
Diodes | Probability Of Bankruptcy |
Diodes Incorporated Company probability of distress Analysis
Diodes Incorporated'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 Diodes Incorporated Probability Of Bankruptcy | Less than 3% |
Most of Diodes Incorporated'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, Diodes Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Diodes Incorporated 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 Diodes Incorporated 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 Diodes Incorporated financial health.
Is Diodes Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diodes Incorporated. If investors know Diodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diodes Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share 4.91 | Revenue Per Share 36.28 | Quarterly Revenue Growth (0.35) | Return On Assets 0.0672 |
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated'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 Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated'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 Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated'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.
Diodes Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Diodes Incorporated is extremely important. It helps to project a fair market value of Diodes Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Diodes Incorporated's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Diodes Incorporated's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Diodes Incorporated's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Diodes Incorporated has a Probability Of Bankruptcy of 3.0%. This is 92.59% lower than that of the Semiconductors & Semiconductor Equipment sector and 91.04% lower than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 92.47% higher than that of the company.
Diodes Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Diodes Incorporated'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 Diodes Incorporated could also be used in its relative valuation, which is a method of valuing Diodes Incorporated by comparing valuation metrics of similar companies.Diodes Incorporated is currently under evaluation in probability of bankruptcy category among related companies.
Diodes Incorporated Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.0681 | 0.0935 | 0.0496 | 0.1 | 0.14 | 0.096 | |
| Gross Profit Margin | 0.34 | 0.36 | 0.37 | 0.35 | 0.41 | 0.4 | |
| Net Debt | (147.5M) | 182.5M | (62.6M) | (123.1M) | (217.1M) | (206.2M) | |
| Total Current Liabilities | 285.3M | 509.8M | 471.0M | 432.5M | 393.5M | 413.2M | |
| Non Current Liabilities Total | 201.3M | 453.6M | 420.7M | 272.9M | 164.5M | 144.1M | |
| Total Assets | 1.6B | 2.0B | 2.2B | 2.3B | 2.4B | 2.5B | |
| Total Current Assets | 810.0M | 1.0B | 1.2B | 1.2B | 1.2B | 1.2B | |
| Total Cash From Operating Activities | 229.8M | 187.2M | 338.5M | 392.5M | 280.9M | 295.0M |
Diodes Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0672 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 3.24 B | ||||
| Shares Outstanding | 46.18 M | ||||
| Shares Owned By Insiders | 2.50 % | ||||
| Shares Owned By Institutions | 97.20 % | ||||
| Number Of Shares Shorted | 1.55 M | ||||
| Price To Earning | 13.95 X | ||||
| Price To Book | 1.80 X | ||||
| Price To Sales | 1.89 X | ||||
| Revenue | 1.66 B | ||||
| Gross Profit | 827.24 M | ||||
| EBITDA | 250.57 M | ||||
| Net Income | 230.65 M | ||||
| Cash And Equivalents | 385.9 M | ||||
| Cash Per Share | 8.49 X | ||||
| Total Debt | 98.36 M | ||||
| Debt To Equity | 0.22 % | ||||
| Current Ratio | 2.50 X | ||||
| Book Value Per Share | 37.89 X | ||||
| Cash Flow From Operations | 280.91 M | ||||
| Short Ratio | 5.07 X | ||||
| Earnings Per Share | 4.91 X | ||||
| Price To Earnings To Growth | 0.88 X | ||||
| Target Price | 71.6 | ||||
| Number Of Employees | 7.98 K | ||||
| Beta | 1.47 | ||||
| Market Capitalization | 3.42 B | ||||
| Total Asset | 2.37 B | ||||
| Retained Earnings | 1.68 B | ||||
| Working Capital | 793.89 M | ||||
| Current Asset | 750.55 M | ||||
| Current Liabilities | 179.66 M | ||||
| Net Asset | 2.37 B |
About Diodes Incorporated Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Diodes Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Diodes Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Diodes Incorporated 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 Diodes Incorporated
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 Diodes Incorporated 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 Diodes Incorporated will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Diodes Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Diodes Incorporated 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 Diodes Incorporated - 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 Diodes Incorporated to buy it.
The correlation of Diodes Incorporated 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 Diodes Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Diodes Incorporated 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 Diodes Incorporated 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.Check out Diodes Incorporated Piotroski F Score and Diodes Incorporated Altman Z Score analysis. For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Diodes Stock analysis
When running Diodes Incorporated's price analysis, check to measure Diodes Incorporated'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 Diodes Incorporated is operating at the current time. Most of Diodes Incorporated's value examination focuses on studying past and present price action to predict the probability of Diodes Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Diodes Incorporated's price. Additionally, you may evaluate how the addition of Diodes Incorporated to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Diodes Incorporated's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diodes Incorporated. If investors know Diodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diodes Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share 4.91 | Revenue Per Share 36.28 | Quarterly Revenue Growth (0.35) | Return On Assets 0.0672 |
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated'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 Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated'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 Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated'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.