ETF Opportunities Probability Of Bankruptcy

UBCB Etf  USD 18.16  0.37  2.08%   
ETF Opportunities Trust 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. ETF Opportunities Trust Probability Of Bankruptcy is determined by interpolating and adjusting ETF Opportunities 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 ETF Opportunities balance sheet as well as cash flow and income statements available from the company's most recent filings. Also, please take a look at ETF Opportunities Piotroski F Score and ETF Opportunities Altman Z Score analysis.
  

ETF Opportunities Probability Of Bankruptcy Analysis

ETF Opportunities' 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 ETF Opportunities Probability Of Bankruptcy

    
  41%  
Most of ETF Opportunities' 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, ETF Opportunities Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ETF Opportunities 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 ETF Opportunities 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 ETF Opportunities Trust financial health.
The market value of ETF Opportunities Trust is measured differently than its book value, which is the value of ETF Opportunities that is recorded on the company's balance sheet. Investors also form their own opinion of ETF Opportunities' value that differs from its market value or its book value, called intrinsic value, which is ETF Opportunities' 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 ETF Opportunities' market value can be influenced by many factors that don't directly affect ETF Opportunities' 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 ETF Opportunities' value and its price as these two are different measures arrived at by different means. Investors typically determine ETF Opportunities value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ETF Opportunities' 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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ETF Opportunities Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, ETF Opportunities Trust has a Probability Of Bankruptcy of 41.0%. This is much higher than that of the Ultra Blue Capital family and significantly higher than that of the Large Growth category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.

ETF Opportunities Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ETF Opportunities' 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 ETF Opportunities could also be used in its relative valuation, which is a method of valuing ETF Opportunities by comparing valuation metrics of similar companies.
ETF Opportunities is currently under evaluation in probability of bankruptcy as compared to similar ETFs.

ETF Opportunities Fundamentals

About ETF Opportunities Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ETF Opportunities Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ETF Opportunities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ETF Opportunities Trust 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 is actively managed by proprietary artificial intelligence algorithms. ETF Opportunities is traded on NYSEARCA Exchange in the United States.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ETF Opportunities in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ETF Opportunities' short interest history, or implied volatility extrapolated from ETF Opportunities options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Also, please take a look at ETF Opportunities Piotroski F Score and ETF Opportunities Altman Z Score analysis. Note that the ETF Opportunities Trust information on this page should be used as a complementary analysis to other ETF Opportunities' 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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