Sparinvest Index Europa Fund Chance Of Distress
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Sparinvest INDEX Europa Fund odds of distress Analysis
Sparinvest 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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Sparinvest INDEX Probability Of Bankruptcy | 50% |
Most of Sparinvest 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, Sparinvest INDEX Europa is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Sparinvest 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 Sparinvest 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 Sparinvest INDEX Europa financial health.
Please note, there is a significant difference between Sparinvest INDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparinvest INDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparinvest 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, Sparinvest INDEX Europa has a Probability Of Bankruptcy of 50.0%. This is much higher than that of the family and significantly higher than that of the Probability Of Bankruptcy category. The probability of bankruptcy for all Denmark funds is notably lower than that of the firm.
Sparinvest Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sparinvest INDEX's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Sparinvest INDEX could also be used in its relative valuation, which is a method of valuing Sparinvest INDEX by comparing valuation metrics of similar companies.Sparinvest INDEX is currently under evaluation in probability of bankruptcy among similar funds.
About Sparinvest INDEX Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sparinvest INDEX Europa's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sparinvest INDEX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sparinvest INDEX Europa based on its fundamental data. In general, a quantitative approach, as applied to this 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.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sparinvest INDEX Europa. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Please note, there is a significant difference between Sparinvest INDEX's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sparinvest INDEX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sparinvest 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.