Westcore Orado Tax Exempt Fund Chance Of Distress
| WTCOX Fund | USD 10.35 0.02 0.19% |
Westcore |
Westcore Orado Tax Exempt Mutual Fund chance of distress Analysis
Westcore Colorado'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 Westcore Colorado Probability Of Bankruptcy | Less than 22% |
Most of Westcore Colorado'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, Westcore Orado Tax Exempt is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Westcore Colorado 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 Westcore Colorado 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 Westcore Orado Tax Exempt 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 |
Based on the latest financial disclosure, Westcore Orado Tax Exempt has a Probability Of Bankruptcy of 22.0%. This is much higher than that of the Segall Bryant & Hamill family and significantly higher than that of the Muni Single State Interm category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.
Westcore Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westcore Colorado'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 Westcore Colorado could also be used in its relative valuation, which is a method of valuing Westcore Colorado by comparing valuation metrics of similar companies.Westcore Orado is currently under evaluation in probability of bankruptcy among similar funds.
Westcore Fundamentals
| Total Asset | 135.24 M | |||
| Annual Yield | 0 % | |||
| Year To Date Return | 0.34 % |