Build Funds Trust Etf Probability Of Bankruptcy

BFIX Etf  USD 23.17  0.03  0.13%   
Build Funds' risk of distress is under 9% at this time. It has tiny likelihood of undergoing some form of financial hardship in the near future. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions. Check out Build Funds Piotroski F Score and Build Funds Altman Z Score analysis.
  

Build Funds Trust ETF probability of bankruptcy Analysis

Build Funds' 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 Build Funds Probability Of Bankruptcy

    
  Less than 9%  
Most of Build Funds' 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, Build Funds Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Build Funds 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 Build Funds 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 Build Funds Trust financial health.
The market value of Build Funds Trust is measured differently than its book value, which is the value of Build that is recorded on the company's balance sheet. Investors also form their own opinion of Build Funds' value that differs from its market value or its book value, called intrinsic value, which is Build Funds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Build Funds' market value can be influenced by many factors that don't directly affect Build Funds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Build Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Build Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Build Funds' 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, Build Funds Trust has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Metals & Mining family and significantly higher than that of the Materials category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.

Build Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Build Funds' 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 Build Funds could also be used in its relative valuation, which is a method of valuing Build Funds by comparing valuation metrics of similar companies.
Build Funds is currently under evaluation in probability of bankruptcy as compared to similar ETFs.

Build Fundamentals

About Build Funds Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Build Funds Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Build Funds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Build Funds Trust 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.

Pair Trading with Build Funds

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 Build Funds 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 Build Funds will appreciate offsetting losses from the drop in the long position's value.

Moving together with Build Etf

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Moving against Build Etf

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The ability to find closely correlated positions to Build Funds could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Build Funds 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 Build Funds - 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 Build Funds Trust to buy it.
The correlation of Build Funds 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 Build Funds moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Build Funds Trust 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 Build Funds 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 Build Funds Piotroski F Score and Build Funds Altman Z Score analysis.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
The market value of Build Funds Trust is measured differently than its book value, which is the value of Build that is recorded on the company's balance sheet. Investors also form their own opinion of Build Funds' value that differs from its market value or its book value, called intrinsic value, which is Build Funds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Build Funds' market value can be influenced by many factors that don't directly affect Build Funds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Build Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if Build Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Build Funds' 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.