Select Fund Y Fund Probability Of Bankruptcy
ASLWX Fund | USD 115.13 0.44 0.38% |
Select |
Select Probability Of Bankruptcy Analysis
Select Fund'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 Select Fund Probability Of Bankruptcy | Less than 36% |
Most of Select Fund'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, Select Fund Y is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Select Fund 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 Select Fund 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 Select Fund Y 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 |
Select Fund Probability Of Bankruptcy Component Assessment
Based on the latest financial disclosure, Select Fund Y has a Probability Of Bankruptcy of 36.0%. This is much higher than that of the Category family and significantly higher than that of the Large Growth category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.
Select Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Select Fund'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 Select Fund could also be used in its relative valuation, which is a method of valuing Select Fund by comparing valuation metrics of similar companies.Select Fund is currently under evaluation in probability of bankruptcy among similar funds.
Select Fundamentals
Total Asset | 3.68 B | ||||
Year To Date Return | 10.43 % | ||||
One Year Return | 39.65 % | ||||
Three Year Return | 11.35 % | ||||
Five Year Return | 17.44 % | ||||
Ten Year Return | 15.13 % | ||||
Net Asset | 3.27 B | ||||
Cash Position Weight | 1.34 % | ||||
Equity Positions Weight | 98.22 % |
About Select Fund Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Select Fund Y's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Select Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Select Fund Y 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 normally invests in stocks of companies that the adviser believes will increase in value over time. The portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. The portfolio managers use a variety of analytical research tools and techniques to identify the stocks of larger-sized companies that meet their investment criteria. Under normal market conditions, the portfolio managers seek securities of companies whose earnings or revenues are not only growing, but growing at an accelerated pace.
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 Select Fund 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, Select Fund's short interest history, or implied volatility extrapolated from Select Fund options trading.
Pair Trading with Select Fund
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 Select Fund 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 Select Fund will appreciate offsetting losses from the drop in the long position's value.Moving together with Select Mutual Fund
0.99 | AMEIX | Equity Growth Fund | PairCorr |
0.92 | AMGIX | Income Growth Fund | PairCorr |
0.81 | AMKIX | Emerging Markets Fund | PairCorr |
Moving against Select Mutual Fund
0.55 | CDBCX | Diversified Bond Fund | PairCorr |
0.54 | ADVRX | Diversified Bond Fund | PairCorr |
0.48 | ADVYX | Diversified Bond Fund | PairCorr |
0.47 | ADRVX | Diversified Bond Fund | PairCorr |
0.45 | TWACX | Short-term Government | PairCorr |
The ability to find closely correlated positions to Select Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Select Fund 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 Select Fund - 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 Select Fund Y to buy it.
The correlation of Select Fund 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 Select Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Select Fund Y 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 Select Fund 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.Check out Select Fund Piotroski F Score and Select Fund Altman Z Score analysis. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Select Mutual Fund analysis
When running Select Fund's price analysis, check to measure Select Fund'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 Select Fund is operating at the current time. Most of Select Fund's value examination focuses on studying past and present price action to predict the probability of Select Fund's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Select Fund's price. Additionally, you may evaluate how the addition of Select Fund to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume |