Pgal Etf Probability Of Bankruptcy

PGAL Etf  USD 10.32  0.00  0.00%   
PGAL's risk of distress is under 9% at the moment. It has tiny likelihood of undergoing some form of financial straits in the near future. PGAL's Probability Of Bankruptcy is determined by interpolating and adjusting PGAL 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 PGAL balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
  

PGAL Probability Of Bankruptcy Analysis

PGAL'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 PGAL Probability Of Bankruptcy

    
  Less than 9%  
Most of PGAL'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, PGAL is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of PGAL 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 PGAL 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 PGAL financial health.
The market value of PGAL is measured differently than its book value, which is the value of PGAL that is recorded on the company's balance sheet. Investors also form their own opinion of PGAL's value that differs from its market value or its book value, called intrinsic value, which is PGAL'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 PGAL's market value can be influenced by many factors that don't directly affect PGAL's 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 PGAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGAL'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.
Competition

PGAL Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, PGAL has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Global X Funds family and significantly higher than that of the Miscellaneous Region category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
PGAL has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for PGAL 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.
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PGAL Fundamentals

About PGAL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PGAL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PGAL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PGAL 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 fund will invest at least 80 percent of its total assets in the securities of the underlying index and in American Depositary Receipts and Global Depositary Receipts based on the securities in the underlying index. Gx MSCI is traded on NYSEARCA Exchange in the United States.

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When determining whether PGAL is a strong investment it is important to analyze PGAL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PGAL's future performance. For an informed investment choice regarding PGAL Etf, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the PGAL information on this page should be used as a complementary analysis to other PGAL'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 the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

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