Microsectors Us Big Etf Probability Of Bankruptcy

NRGD Etf  USD 151.22  3.33  2.15%   
MicroSectors' risk of distress is under 10% at the present time. It has tiny likelihood of undergoing some form of financial hardship in the near future. MicroSectors' Probability Of Bankruptcy is determined by interpolating and adjusting MicroSectors 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 MicroSectors balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out MicroSectors Piotroski F Score and MicroSectors Altman Z Score analysis.
  

MicroSectors Probability Of Bankruptcy Analysis

MicroSectors' 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 MicroSectors Probability Of Bankruptcy

    
  Less than 10%  
Most of MicroSectors' 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, MicroSectors US Big is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of MicroSectors 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 MicroSectors 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 MicroSectors US Big financial health.
The market value of MicroSectors US Big is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors' value that differs from its market value or its book value, called intrinsic value, which is MicroSectors' 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 MicroSectors' market value can be influenced by many factors that don't directly affect MicroSectors' 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 MicroSectors' value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors' 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

MicroSectors Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, MicroSectors US Big has a Probability Of Bankruptcy of 10.0%. This is much higher than that of the BMO Capital Markets family and significantly higher than that of the Family category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.

MicroSectors Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MicroSectors' 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 MicroSectors could also be used in its relative valuation, which is a method of valuing MicroSectors by comparing valuation metrics of similar companies.
MicroSectors is currently under evaluation in probability of bankruptcy as compared to similar ETFs.

MicroSectors Fundamentals

About MicroSectors Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MicroSectors US Big's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MicroSectors using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MicroSectors US Big 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.
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. Microsectors -3X is traded on NYSEARCA Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MicroSectors in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MicroSectors' short interest history, or implied volatility extrapolated from MicroSectors options trading.

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When determining whether MicroSectors US Big is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MicroSectors Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microsectors Us Big Etf. Highlighted below are key reports to facilitate an investment decision about Microsectors Us Big Etf:
Check out MicroSectors Piotroski F Score and MicroSectors Altman Z Score analysis.
Note that the MicroSectors US Big information on this page should be used as a complementary analysis to other MicroSectors' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running MicroSectors' price analysis, check to measure MicroSectors' 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 MicroSectors is operating at the current time. Most of MicroSectors' value examination focuses on studying past and present price action to predict the probability of MicroSectors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MicroSectors' price. Additionally, you may evaluate how the addition of MicroSectors to your portfolios can decrease your overall portfolio volatility.
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The market value of MicroSectors US Big is measured differently than its book value, which is the value of MicroSectors that is recorded on the company's balance sheet. Investors also form their own opinion of MicroSectors' value that differs from its market value or its book value, called intrinsic value, which is MicroSectors' 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 MicroSectors' market value can be influenced by many factors that don't directly affect MicroSectors' 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 MicroSectors' value and its price as these two are different measures arrived at by different means. Investors typically determine if MicroSectors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MicroSectors' 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.