HINDUSTAN Probability Of Bankruptcy

HINDUSTAN COMPOSITES LTD 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. HINDUSTAN COMPOSITES LTD Probability Of Bankruptcy is determined by interpolating and adjusting HINDUSTAN 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 HINDUSTAN balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Risk vs Return Analysis.

HINDUSTAN Probability Of Bankruptcy 

 
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HINDUSTAN Probability Of Bankruptcy Analysis

HINDUSTAN COMPOSITES'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 HINDUSTAN COMPOSITES Probability Of Bankruptcy

    
  26%  
Most of HINDUSTAN COMPOSITES'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, HINDUSTAN COMPOSITES LTD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of HINDUSTAN COMPOSITES 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 HINDUSTAN COMPOSITES 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 HINDUSTAN COMPOSITES LTD financial health.
Please note, there is a significant difference between HINDUSTAN COMPOSITES's value and its price as these two are different measures arrived at by different means. Investors typically determine HINDUSTAN COMPOSITES value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HINDUSTAN COMPOSITES'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, HINDUSTAN COMPOSITES LTD has a Probability Of Bankruptcy of 26.0%. This is 37.18% lower than that of the Consumer Cyclical sector and 23.17% lower than that of the Auto Parts industry. The probability of bankruptcy for all India stocks is 34.72% higher than that of the company.
Chance Of Financial Distress
Less than 26
HINDUSTAN COMPOSITES LTD has less than 26 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for HINDUSTAN COMPOSITES stock 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

HINDUSTAN Fundamentals

HINDUSTAN COMPOSITES Investors Sentiment

The influence of HINDUSTAN COMPOSITES'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 HINDUSTAN. 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.
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 HINDUSTAN COMPOSITES 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, HINDUSTAN COMPOSITES's short interest history, or implied volatility extrapolated from HINDUSTAN COMPOSITES options trading.

Current Sentiment - HINDCOMPOS

HINDUSTAN COMPOSITES LTD Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in HINDUSTAN COMPOSITES LTD. What is your judgment towards investing in HINDUSTAN COMPOSITES LTD? Are you bullish or bearish?
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Check out Risk vs Return Analysis. Note that the HINDUSTAN COMPOSITES LTD information on this page should be used as a complementary analysis to other HINDUSTAN COMPOSITES'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for HINDUSTAN Stock

When running HINDUSTAN COMPOSITES LTD price analysis, check to measure HINDUSTAN COMPOSITES'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 HINDUSTAN COMPOSITES is operating at the current time. Most of HINDUSTAN COMPOSITES's value examination focuses on studying past and present price action to predict the probability of HINDUSTAN COMPOSITES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HINDUSTAN COMPOSITES's price. Additionally, you may evaluate how the addition of HINDUSTAN COMPOSITES to your portfolios can decrease your overall portfolio volatility.
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