Orsted Probability Of Bankruptcy

DNNGY -  USA Stock  

USD 47.65  0.17  0.36%

Orsted ADR Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Orsted ADR Probability Of Bankruptcy is determined by interpolating and adjusting Orsted Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Orsted balance sheet as well as cash flow and income statements available from the company's most recent filings. Continue to Orsted ADR Piotroski F Score and Orsted ADR Altman Z Score analysis.

Orsted Probability Of Bankruptcy 

 
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Orsted Probability Of Bankruptcy Analysis

Orsted ADR'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 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Orsted ADR Probability Of Bankruptcy

    
  72%  
Most of Orsted ADR'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, Orsted ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Orsted ADR 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 Orsted ADR 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 Orsted ADR financial health.
The market value of Orsted ADR is measured differently than its book value, which is the value of Orsted that is recorded on the company's balance sheet. Investors also form their own opinion of Orsted ADR's value that differs from its market value or its book value, called intrinsic value, which is Orsted ADR's 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 Orsted ADR's market value can be influenced by many factors that don't directly affect Orsted ADR underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orsted ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine Orsted ADR value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orsted ADR'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.
Compare to competition

Based on the latest financial disclosure, Orsted ADR has a Probability Of Bankruptcy of 72%. This is 52.16% higher than that of the Utilities sector and significantly higher than that of the Utilities—Renewable industry. The probability of bankruptcy for all United States stocks is 80.77% lower than that of the firm.

Orsted Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Orsted ADR's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Orsted ADR could also be used in its relative valuation, which is a method of valuing Orsted ADR by comparing valuation metrics of similar companies.
Orsted ADR is currently under evaluation in probability of bankruptcy category among related companies.

Orsted Fundamentals

About Orsted ADR Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Orsted ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orsted ADR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orsted ADR 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.
rsted AS, together with its subsidiaries, develops, constructs, owns, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. rsted AS was founded in 1972 and is headquartered in Fredericia, Denmark. Orsted ADR operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 6311 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Orsted ADR without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Orsted ADR

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 Orsted ADR 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 Orsted ADR will appreciate offsetting losses from the drop in the long position's value.

Orsted ADR Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Orsted ADR and EDP RENOVAVEIS SA. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to Orsted ADR Piotroski F Score and Orsted ADR Altman Z Score analysis. Note that the Orsted ADR information on this page should be used as a complementary analysis to other Orsted ADR'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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Orsted ADR price analysis, check to measure Orsted ADR'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 Orsted ADR is operating at the current time. Most of Orsted ADR's value examination focuses on studying past and present price action to predict the probability of Orsted ADR's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Orsted ADR's price. Additionally, you may evaluate how the addition of Orsted ADR to your portfolios can decrease your overall portfolio volatility.
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The market value of Orsted ADR is measured differently than its book value, which is the value of Orsted that is recorded on the company's balance sheet. Investors also form their own opinion of Orsted ADR's value that differs from its market value or its book value, called intrinsic value, which is Orsted ADR's 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 Orsted ADR's market value can be influenced by many factors that don't directly affect Orsted ADR underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Orsted ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine Orsted ADR value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orsted ADR'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.