MMODAL Probability Of Bankruptcy

    Macroaxis Equity Filters allow users to customize the simple screener criteria below or select from a set of available quick indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations

    Probability Of Bankruptcy Analysis

    For stocks, Probability Of Bankruptcy is 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 probability of a firm or a fund experiencing financial distress within next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years.
    MMODAL 
    Probability Of Bankruptcy 
     = 
    Normalized 
     
    Z-Score 
     = 
    50 %

    About Probability Of Bankruptcy

    Probability of Bankruptcy SHOULD NOT be confused with 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 to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases 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, revenues patterns, RND expenses, as well as public headlines and social sentiment.
    Based on latest financial disclosure MMODAL has Probability Of Bankruptcy of 50.0%. This is much higher than that of the sector, and significantly higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm.
    ETFsFundsStocks

    Filter other Stocks by Probability Of Bankruptcy

    Probability Of Bankruptcy Input Range 
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    Found 10 equities by Probability Of Bankruptcy
    AHLA GERAlibaba Group Holding Limited
    2 %
    DNQA GERStatoil ASA
    2 %
    BOY GERBanco Bilbao Vizcaya Argentaria SA
    3 %
    GFIN GERGeorg Fischer AG
    1 %
    7AA GERAperam
    2 %
    TQIR GERTelecom Italia SpA
    2 %
    NT5 STUNTT Data Corporation
    2 %
    APC GERApple Inc
    33 %
    APC FRAApple Inc
    34 %
    NNNC GERTencent Holdings Ltd
    2 %
    You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
    Peer Comparison
    MMODAL Probability Of Bankruptcy Comparison
    MMODAL is currently under evaluation in probability of bankruptcy category among related companies.
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