Performance Sports Group Stock Probability Of Bankruptcy
Performance Sports Group fundamentals help investors to digest information that contributes to Performance Sports' financial success or failures. It also enables traders to predict the movement of Performance Stock. The fundamental analysis module provides a way to measure Performance Sports' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Performance Sports stock.
Performance |
Performance Sports Group Company chance of financial distress Analysis
Performance Sports' 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 Performance Sports Probability Of Bankruptcy | Over 100% |
Most of Performance Sports' 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, Performance Sports Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Performance Sports 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 Performance Sports 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 Performance Sports Group financial health.
Please note, there is a significant difference between Performance Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Performance Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Performance Sports' 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.
CompetitionBased on the latest financial disclosure, Performance Sports Group has a Probability Of Bankruptcy of 100%. This is much higher than that of the sector and significantly higher than that of the Probability Of Bankruptcy industry. The probability of bankruptcy for all United States stocks is notably lower than that of the firm.
Performance Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Performance Sports' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Performance Sports could also be used in its relative valuation, which is a method of valuing Performance Sports by comparing valuation metrics of similar companies.Performance Sports is currently under evaluation in probability of bankruptcy category among related companies.
Performance Fundamentals
| Return On Asset | 0.004 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 635 M | |||
| Shares Outstanding | 44.03 M | |||
| Shares Owned By Insiders | 0.33 % | |||
| Shares Owned By Institutions | 92.60 % | |||
| Number Of Shares Shorted | 4.43 M | |||
| Price To Earning | 186.71 X | |||
| Price To Book | 1.43 X | |||
| Price To Sales | 0.26 X | |||
| Revenue | 654.69 M | |||
| Gross Profit | 206.39 M | |||
| Net Income | 3.28 M | |||
| Cash And Equivalents | 2.93 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 425.41 M | |||
| Debt To Equity | 4.21 % | |||
| Current Ratio | 1.73 X | |||
| Cash Flow From Operations | 11.61 M | |||
| Earnings Per Share | (4.24) X | |||
| Price To Earnings To Growth | (10.83) X | |||
| Number Of Employees | 872 | |||
| Beta | 0.7 | |||
| Total Asset | 844.92 M | |||
| Retained Earnings | 56.02 M | |||
| Working Capital | 226.37 M | |||
| Current Asset | 404.7 M | |||
| Current Liabilities | 178.32 M |
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 Performance Sports 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, Performance Sports' short interest history, or implied volatility extrapolated from Performance Sports options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Performance Sports using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Other Consideration for investing in Performance Stock
If you are still planning to invest in Performance Sports check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Performance Sports' history and understand the potential risks before investing.
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