Bmo Msci China Etf Probability Of Bankruptcy
| ZCH Etf | CAD 14.06 0.02 0.14% |
BMO |
BMO MSCI China ETF odds of distress Analysis
BMO MSCI'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 BMO MSCI Probability Of Bankruptcy | Less than 9% |
Most of BMO MSCI'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, BMO MSCI China is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of BMO MSCI 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 BMO MSCI 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 BMO MSCI China 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, BMO MSCI China has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the BMO Asset Management Inc family and significantly higher than that of the Greater China Equity category. The probability of bankruptcy for all Canada etfs is notably lower than that of the firm.
BMO Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BMO MSCI's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of BMO MSCI could also be used in its relative valuation, which is a method of valuing BMO MSCI by comparing valuation metrics of similar companies.BMO MSCI is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
BMO Fundamentals
| Beta | 1.2 | |||
| Total Asset | 67.04 M | |||
| Annual Yield | 0.01 % | |||
| One Year Return | (3.10) % | |||
| Three Year Return | (21.90) % | |||
| Five Year Return | (10.20) % | |||
| Net Asset | 67.04 M | |||
| Last Dividend Paid | 0.28 | |||
| Holdings Turnover | 41.05 % | |||
| Equity Positions Weight | 99.52 % |
About BMO MSCI Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BMO MSCI China's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BMO MSCI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BMO MSCI China based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
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 BMO MSCI 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, BMO MSCI's short interest history, or implied volatility extrapolated from BMO MSCI options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in BMO MSCI China. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the BMO MSCI China information on this page should be used as a complementary analysis to other BMO MSCI'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.