Ivy Cundill Global Fund Probability Of Bankruptcy
ICDAX Fund | USD 15.52 0.04 0.26% |
Ivy |
Ivy Probability Of Bankruptcy Analysis
Ivy Cundill'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 Ivy Cundill Probability Of Bankruptcy | Less than 38% |
Most of Ivy Cundill'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, Ivy Cundill Global is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Ivy Cundill 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 Ivy Cundill 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 Ivy Cundill Global financial health.
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 |
Ivy Cundill Probability Of Bankruptcy Component Assessment
Based on the latest financial disclosure, Ivy Cundill Global has a Probability Of Bankruptcy of 38.0%. This is much higher than that of the Category family and significantly higher than that of the Foreign Large Value category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.
Ivy Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ivy Cundill's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Ivy Cundill could also be used in its relative valuation, which is a method of valuing Ivy Cundill by comparing valuation metrics of similar companies.Ivy Cundill is currently under evaluation in probability of bankruptcy among similar funds.
Ivy Fundamentals
Price To Earning | 1.65 X | |||
Price To Book | 1.18 X | |||
Price To Sales | 0.84 X | |||
Total Asset | 42 M | |||
Annual Yield | 0.01 % | |||
Year To Date Return | 4.24 % | |||
One Year Return | 9.89 % | |||
Three Year Return | (1.02) % | |||
Five Year Return | 4.49 % | |||
Ten Year Return | 2.23 % | |||
Net Asset | 126.32 M | |||
Last Dividend Paid | 0.18 | |||
Cash Position Weight | 0.02 % | |||
Equity Positions Weight | 99.98 % |
About Ivy Cundill Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ivy Cundill Global's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ivy Cundill using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ivy Cundill Global based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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 fund invests at least 80 percent of its net assets in equity securities of issuers that are organized, have a majority of their assets, or generate the majority of their operating income outside the U.S. It generally invests up to 15 percent of its portfolio in emerging markets. The funds portfolio generally will consist of 60 to 80 stocks identified through a research-driven, bottom-up security selection process based on fundamental research, with relative sizing based on valuation, risk and diversification. It is non-diversified.
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Try AI Portfolio ArchitectCheck out Ivy Cundill Piotroski F Score and Ivy Cundill Altman Z Score analysis. Note that the Ivy Cundill Global information on this page should be used as a complementary analysis to other Ivy Cundill's 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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Ivy Mutual Fund analysis
When running Ivy Cundill's price analysis, check to measure Ivy Cundill'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 Ivy Cundill is operating at the current time. Most of Ivy Cundill's value examination focuses on studying past and present price action to predict the probability of Ivy Cundill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ivy Cundill's price. Additionally, you may evaluate how the addition of Ivy Cundill to your portfolios can decrease your overall portfolio volatility.
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