Asuransi Dayin Mitra Stock Probability Of Bankruptcy

ASDM Stock  IDR 510.00  5.00  0.99%   
Asuransi Dayin's likelihood of distress is under 9% at the moment. It has tiny risk of undergoing some form of financial distress in the near future. Bankruptcy prediction helps decision makers evaluate Asuransi Dayin's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Asuransi balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Asuransi Dayin Piotroski F Score and Asuransi Dayin Altman Z Score analysis.
  

Asuransi Probability Of Bankruptcy Analysis

Asuransi Dayin'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

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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Asuransi Dayin Probability Of Bankruptcy

    
  Less than 9%  
Most of Asuransi Dayin'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, Asuransi Dayin Mitra is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Asuransi Dayin 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 Asuransi Dayin 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 Asuransi Dayin Mitra financial health.
Please note, there is a significant difference between Asuransi Dayin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asuransi Dayin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asuransi Dayin'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, Asuransi Dayin Mitra has a Probability Of Bankruptcy of 9.0%. This is 81.97% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all Indonesia stocks is 77.4% higher than that of the company.

Asuransi Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asuransi Dayin's 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 Asuransi Dayin could also be used in its relative valuation, which is a method of valuing Asuransi Dayin by comparing valuation metrics of similar companies.
Asuransi Dayin is currently under evaluation in probability of bankruptcy category among related companies.

Asuransi Fundamentals

About Asuransi Dayin Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Asuransi Dayin Mitra's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asuransi Dayin using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asuransi Dayin Mitra 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.
PT Asuransi Dayin Mitra Tbk provides general insurance products and services. PT Asuransi Dayin Mitra Tbk is a subsidiary of PT Equity Development Investment Tbk. Asuransi Dayin operates under InsuranceProperty Casualty classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 276 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 Asuransi Dayin 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, Asuransi Dayin's short interest history, or implied volatility extrapolated from Asuransi Dayin options trading.

Pair Trading with Asuransi Dayin

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 Asuransi Dayin 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 Asuransi Dayin will appreciate offsetting losses from the drop in the long position's value.

Moving together with Asuransi Stock

  0.61MASA Multistrada Arah SaranaPairCorr

Moving against Asuransi Stock

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The ability to find closely correlated positions to Asuransi Dayin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asuransi Dayin 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 Asuransi Dayin - 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 Asuransi Dayin Mitra to buy it.
The correlation of Asuransi Dayin 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 Asuransi Dayin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asuransi Dayin Mitra 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 Asuransi Dayin 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 Asuransi Dayin Piotroski F Score and Asuransi Dayin Altman Z Score analysis.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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Please note, there is a significant difference between Asuransi Dayin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asuransi Dayin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asuransi Dayin'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.