HAREL Probability Of Bankruptcy

HRL-F73 -  Israel Etf  

ILA 2,517  19.00  0.75%

HAREL INDEX FUNDS 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. HAREL INDEX FUNDS Probability Of Bankruptcy is determined by interpolating and adjusting HAREL 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 HAREL balance sheet as well as cash flow and income statements available from the company's most recent filings. Please check Risk vs Return Analysis.

HAREL Probability Of Bankruptcy 

 
Refresh

HAREL Probability Of Bankruptcy Analysis

HAREL INDEX'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 HAREL INDEX Probability Of Bankruptcy

    
  50%  
Most of HAREL INDEX'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, HAREL INDEX FUNDS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of HAREL INDEX 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 HAREL INDEX 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 HAREL INDEX FUNDS financial health.
Please note, there is a significant difference between HAREL INDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine HAREL INDEX value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HAREL INDEX'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.
Based on the latest financial disclosure, HAREL INDEX FUNDS has a Probability Of Bankruptcy of 50.0%. This is much higher than that of the Category family and significantly higher than that of the Family category. The probability of bankruptcy for all Israel etfs is notably lower than that of the firm.
  Chance Of Financial Distress
Less than 50
HAREL INDEX FUNDS has    50 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for HAREL INDEX 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

About HAREL INDEX Fundamental Analysis

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in HAREL INDEX 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.

Did you try this?

Run Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as HAREL INDEX FUNDS using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Risk vs Return Analysis. Note that the HAREL INDEX FUNDS information on this page should be used as a complementary analysis to other HAREL INDEX'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for HAREL Etf

When running HAREL INDEX FUNDS price analysis, check to measure HAREL INDEX'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 HAREL INDEX is operating at the current time. Most of HAREL INDEX's value examination focuses on studying past and present price action to predict the probability of HAREL INDEX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HAREL INDEX's price. Additionally, you may evaluate how the addition of HAREL INDEX to your portfolios can decrease your overall portfolio volatility.
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go