VARDHMAN Probability Of Bankruptcy

VARDHMAN POLYTEX 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. VARDHMAN POLYTEX Probability Of Bankruptcy is determined by interpolating and adjusting VARDHMAN 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 VARDHMAN balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out World Market Map.

VARDHMAN Probability Of Bankruptcy 

 
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VARDHMAN Probability Of Bankruptcy Analysis

VARDHMAN POLYTEX'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 VARDHMAN POLYTEX Probability Of Bankruptcy

    
  73%  
Most of VARDHMAN POLYTEX'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, VARDHMAN POLYTEX is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of VARDHMAN POLYTEX 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 VARDHMAN POLYTEX 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 VARDHMAN POLYTEX financial health.
Please note, there is a significant difference between VARDHMAN POLYTEX's value and its price as these two are different measures arrived at by different means. Investors typically determine VARDHMAN POLYTEX value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VARDHMAN POLYTEX'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

Based on the latest financial disclosure, VARDHMAN POLYTEX has a Probability Of Bankruptcy of 73%. This is 76.37% higher than that of the Consumer Cyclical sector and 6.73% higher than that of the Textile Manufacturing industry. The probability of bankruptcy for all India stocks is 83.28% lower than that of the firm.
  Chance Of Financial Distress
Over 73
VARDHMAN POLYTEX has more than 73 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for VARDHMAN POLYTEX stock 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. More Info

VARDHMAN Fundamentals

VARDHMAN POLYTEX Investors Sentiment

The influence of VARDHMAN POLYTEX's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in VARDHMAN. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - VARDMNPOLY

VARDHMAN POLYTEX Investor Sentiment

Macroaxis portfolio users are unemotional in their outlook on investing in VARDHMAN POLYTEX. What is your outlook on investing in VARDHMAN POLYTEX? Are you bullish or bearish?
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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..
Check out World Market Map. Note that the VARDHMAN POLYTEX information on this page should be used as a complementary analysis to other VARDHMAN POLYTEX'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Other Tools for VARDHMAN Stock

When running VARDHMAN POLYTEX price analysis, check to measure VARDHMAN POLYTEX'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 VARDHMAN POLYTEX is operating at the current time. Most of VARDHMAN POLYTEX's value examination focuses on studying past and present price action to predict the probability of VARDHMAN POLYTEX's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move VARDHMAN POLYTEX's price. Additionally, you may evaluate how the addition of VARDHMAN POLYTEX to your portfolios can decrease your overall portfolio volatility.
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