Freeport Probability Of Bankruptcy

FEERF -  USA Stock  

USD 0.14  0.01  7.69%

Freeport Resources 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. Freeport Resources Probability Of Bankruptcy is determined by interpolating and adjusting Freeport 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 Freeport balance sheet as well as cash flow and income statements available from the company's most recent filings. Please check Freeport Resources Piotroski F Score and Freeport Resources Altman Z Score analysis.

Freeport Probability Of Bankruptcy 

 
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Freeport Probability Of Bankruptcy Analysis

Freeport Resources' 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 Freeport Resources Probability Of Bankruptcy

    
  73%  
Most of Freeport Resources' 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, Freeport Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Freeport Resources 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 Freeport Resources 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 Freeport Resources financial health.
Is Freeport Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport Resources. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freeport Resources is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport Resources' value that differs from its market value or its book value, called intrinsic value, which is Freeport Resources' 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 Freeport Resources' market value can be influenced by many factors that don't directly affect Freeport Resources' 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 Freeport Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Freeport Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport Resources' 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, Freeport Resources has a Probability Of Bankruptcy of 73%. This is 64.64% higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The probability of bankruptcy for all United States stocks is 83.28% lower than that of the firm.

Freeport Probability Of Bankruptcy Peer Comparison

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

Freeport Fundamentals

About Freeport Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Freeport Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freeport Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freeport Resources 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.
Freeport Resources Inc., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Papua New Guinea and Canada. Freeport Resources Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada. Freeport Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

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Our tools can tell you how much better you can do entering a position in Freeport Resources 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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Please check Freeport Resources Piotroski F Score and Freeport Resources Altman Z Score analysis. Note that the Freeport Resources information on this page should be used as a complementary analysis to other Freeport Resources' 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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Is Freeport Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport Resources. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Freeport Resources is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport Resources' value that differs from its market value or its book value, called intrinsic value, which is Freeport Resources' 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 Freeport Resources' market value can be influenced by many factors that don't directly affect Freeport Resources' 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 Freeport Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Freeport Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport Resources' 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.