PFRNX Probability Of Bankruptcy

PFRNX -  USA Fund  

USD 9.62  0.01  0.10%

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

PFRNX Probability Of Bankruptcy 

 
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PFRNX Probability Of Bankruptcy Analysis

Penn Capital'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 
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Normalized 
 
Z-Score 
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Current Penn Capital Probability Of Bankruptcy

    
  1%  
Most of Penn Capital'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, Penn Capital Defensive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Penn Capital 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 Penn Capital 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 Penn Capital Defensive financial health.
Please note, there is a significant difference between Penn Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine Penn Capital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn Capital'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

Penn Capital Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, Penn Capital Defensive has a Probability Of Bankruptcy of 1.0%. This is much higher than that of the Penn Capital Management family and significantly higher than that of the Bank Loan category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

PFRNX Probability Of Bankruptcy Peer Comparison

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

PFRNX Fundamentals

About Penn Capital Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Penn Capital Defensive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Penn Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Penn Capital Defensive based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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 fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets in floating rate senior secured loans, floating rate senior corporate debt and other floating rate senior instruments. Penn Capital is traded on NASDAQ Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in Penn Capital 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 Penn Capital Piotroski F Score and Penn Capital Altman Z Score analysis. Note that the Penn Capital Defensive information on this page should be used as a complementary analysis to other Penn Capital'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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Please note, there is a significant difference between Penn Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine Penn Capital value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Penn Capital'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.