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 going into bankruptcy or 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.
Companies or funds with Probability Of Bankruptcy above 90% are generally considered to be high risk with a good chance of bankruptcy in the next 2 years. On the other hand entities with Probability Of Bankruptcy of less than 15% will most likely experience some growth in the next 2 years. Probability Of Bankruptcy is based on Macroaxis own algorithm and can be used by auditors, accountants, money managers, financial advisers, as well as day traders to evaluate unsystematic risk of a stock, fund or ETF.
AXIS Probability Of Bankruptcy Assessment
Based on latest financial disclosure AXIS Capital Holdings Limited has Probability Of Bankruptcy of 39.51%. This is 27.14% lower than that of the Financial sector, and 2.38% higher than that of Property and Casualty Insurance industry, The Probability Of Bankruptcy for all stocks is 8.09% higher than the company.
Filter other Stocks by Probability Of Bankruptcy
AXIS Capital Holdings Limited has less than 39 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
Follow AXIS Probability Of Bankruptcy with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
AXIS Capital Holdings Limited Profile
AXIS Capital Holdings LimitedUSA StockCurrency: USD - US DollarTraded on New York Stock Exchange
Other AXIS Fundamentals