Japan Probability Of Bankruptcy

FJP -  USA Etf  

USD 51.47  0.27  0.53%

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

Japan Probability Of Bankruptcy 

 
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Japan Probability Of Bankruptcy Analysis

Japan Alphadex'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 Japan Alphadex Probability Of Bankruptcy

    
  2%  
Most of Japan Alphadex'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, Japan Alphadex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Japan Alphadex 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 Japan Alphadex 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 Japan Alphadex financial health.
The market value of Japan Alphadex is measured differently than its book value, which is the value of Japan that is recorded on the company's balance sheet. Investors also form their own opinion of Japan Alphadex's value that differs from its market value or its book value, called intrinsic value, which is Japan Alphadex'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 Japan Alphadex's market value can be influenced by many factors that don't directly affect Japan Alphadex 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 Japan Alphadex's value and its price as these two are different measures arrived at by different means. Investors typically determine Japan Alphadex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Japan Alphadex'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.
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Japan Alphadex Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, Japan Alphadex has a Probability Of Bankruptcy of 2.0%. This is much higher than that of the First Trust family and significantly higher than that of the Japan Stock category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.
  Chance Of Financial Distress
Less than 2
Japan Alphadex has less than 2 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Japan Alphadex etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

Japan Fundamentals

About Japan Alphadex Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Japan Alphadex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Japan Alphadex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Japan Alphadex 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.
The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEX Japan Index. The fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. The index is designed to select stocks from the NASDAQ Japan Index that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX selection methodology.

Japan Alphadex Investors Sentiment

The influence of Japan Alphadex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Japan. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - FJP

Japan Alphadex Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Japan Alphadex. What is your judgment towards investing in Japan Alphadex? Are you bullish or bearish?
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Please check Japan Alphadex Piotroski F Score and Japan Alphadex Altman Z Score analysis. Note that the Japan Alphadex information on this page should be used as a complementary analysis to other Japan Alphadex'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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