Dynaresource Stock Probability Of Bankruptcy

DYNR Stock  USD 1.89  0.08  4.06%   
Dynaresource's odds of distress is under 16% at this time. It has tiny probability of undergoing some form of financial crunch in the near future. Dynaresource's Probability Of Bankruptcy is determined by interpolating and adjusting Dynaresource 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 Dynaresource balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Dynaresource Piotroski F Score and Dynaresource Altman Z Score analysis.
  

Dynaresource Probability Of Bankruptcy Analysis

Dynaresource'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.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Dynaresource Probability Of Bankruptcy

    
  Less than 16%  
Most of Dynaresource'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, Dynaresource is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Dynaresource 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 Dynaresource 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 Dynaresource financial health.
Please note, there is a significant difference between Dynaresource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynaresource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynaresource'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, Dynaresource has a Probability Of Bankruptcy of 16.0%. This is 63.92% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The probability of bankruptcy for all United States stocks is 59.83% higher than that of the company.

Dynaresource Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dynaresource's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Dynaresource could also be used in its relative valuation, which is a method of valuing Dynaresource by comparing valuation metrics of similar companies.
Dynaresource is currently under evaluation in probability of bankruptcy category among related companies.

Dynaresource Fundamentals

About Dynaresource Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Dynaresource's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dynaresource using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dynaresource 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.
DynaResource, Inc. acquires, invests in, explores, and develops precious and base metal properties in the United States. DynaResource, Inc. was incorporated in 1937 and is headquartered in Irving, Texas. Dynaresource operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange. It employs 186 people.
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 Dynaresource 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, Dynaresource's short interest history, or implied volatility extrapolated from Dynaresource options trading.

Pair Trading with Dynaresource

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 Dynaresource 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 Dynaresource will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Dynaresource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dynaresource 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 Dynaresource - 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 Dynaresource to buy it.
The correlation of Dynaresource 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 Dynaresource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dynaresource 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 Dynaresource 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.
Pair CorrelationCorrelation Matching
Check out Dynaresource Piotroski F Score and Dynaresource Altman Z Score analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

Complementary Tools for Dynaresource Pink Sheet analysis

When running Dynaresource's price analysis, check to measure Dynaresource'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 Dynaresource is operating at the current time. Most of Dynaresource's value examination focuses on studying past and present price action to predict the probability of Dynaresource's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynaresource's price. Additionally, you may evaluate how the addition of Dynaresource to your portfolios can decrease your overall portfolio volatility.
Global Correlations
Find global opportunities by holding instruments from different markets
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Commodity Directory
Find actively traded commodities issued by global exchanges
Please note, there is a significant difference between Dynaresource's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dynaresource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dynaresource'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.