Ultrashort Probability Of Bankruptcy

SDD -  USA Etf  

USD 22.92  0.09  0.39%

Ultrashort Smallcap600 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. Ultrashort Smallcap600 Probability Of Bankruptcy is determined by interpolating and adjusting Ultrashort 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 Ultrashort balance sheet as well as cash flow and income statements available from the company's most recent filings. Additionally, take a look at Ultrashort Smallcap600 Piotroski F Score and Ultrashort Smallcap600 Altman Z Score analysis.

Ultrashort Probability Of Bankruptcy 

 
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Ultrashort Probability Of Bankruptcy Analysis

Ultrashort Smallcap600'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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Current Ultrashort Smallcap600 Probability Of Bankruptcy

    
  35%  
Most of Ultrashort Smallcap600'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, Ultrashort Smallcap600 ETF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Ultrashort Smallcap600 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 Ultrashort Smallcap600 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 Ultrashort Smallcap600 ETF financial health.
The market value of Ultrashort Smallcap600 is measured differently than its book value, which is the value of Ultrashort that is recorded on the company's balance sheet. Investors also form their own opinion of Ultrashort Smallcap600's value that differs from its market value or its book value, called intrinsic value, which is Ultrashort Smallcap600'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 Ultrashort Smallcap600's market value can be influenced by many factors that don't directly affect Ultrashort Smallcap600 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 Ultrashort Smallcap600's value and its price as these two are different measures arrived at by different means. Investors typically determine Ultrashort Smallcap600 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultrashort Smallcap600'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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Ultrashort Smallcap600 Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, Ultrashort Smallcap600 ETF has a Probability Of Bankruptcy of 35.0%. This is much higher than that of the ProShares family and significantly higher than that of the Family category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.

Ultrashort Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ultrashort Smallcap600's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Ultrashort Smallcap600 could also be used in its relative valuation, which is a method of valuing Ultrashort Smallcap600 by comparing valuation metrics of similar companies.
Ultrashort Smallcap600 is currently under evaluation in probability of bankruptcy as compared to similar ETFs.

Ultrashort Fundamentals

About Ultrashort Smallcap600 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ultrashort Smallcap600 ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultrashort Smallcap600 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ultrashort Smallcap600 ETF 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 daily investment results before fees and expenses that correspond to two times the inverse of the daily performance of the SP SmallCap 600 Index. Ultrashort Smallcap600 is traded on NYSEArca Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in Ultrashort Smallcap600 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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Additionally, take a look at Ultrashort Smallcap600 Piotroski F Score and Ultrashort Smallcap600 Altman Z Score analysis. Note that the Ultrashort Smallcap600 information on this page should be used as a complementary analysis to other Ultrashort Smallcap600'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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Ultrashort Smallcap600 price analysis, check to measure Ultrashort Smallcap600'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 Ultrashort Smallcap600 is operating at the current time. Most of Ultrashort Smallcap600's value examination focuses on studying past and present price action to predict the probability of Ultrashort Smallcap600's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ultrashort Smallcap600's price. Additionally, you may evaluate how the addition of Ultrashort Smallcap600 to your portfolios can decrease your overall portfolio volatility.
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The market value of Ultrashort Smallcap600 is measured differently than its book value, which is the value of Ultrashort that is recorded on the company's balance sheet. Investors also form their own opinion of Ultrashort Smallcap600's value that differs from its market value or its book value, called intrinsic value, which is Ultrashort Smallcap600'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 Ultrashort Smallcap600's market value can be influenced by many factors that don't directly affect Ultrashort Smallcap600 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 Ultrashort Smallcap600's value and its price as these two are different measures arrived at by different means. Investors typically determine Ultrashort Smallcap600 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultrashort Smallcap600'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.