Vanguard Intermediate Term Tax Exempt Fund Probability Of Bankruptcy

VWIUX Fund  USD 13.65  0.01  0.07%   
Vanguard Intermediate's odds of distress is below 50% at this time. It has small probability of experiencing financial crunch in the next few years. Chance Of Bankruptcy shows the probability of financial distress over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Vanguard balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Vanguard Intermediate Piotroski F Score and Vanguard Intermediate Altman Z Score analysis.
  

Vanguard Probability Of Bankruptcy Analysis

Vanguard Intermediate'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 Vanguard Intermediate Probability Of Bankruptcy

    
  Less than 44%  
Most of Vanguard Intermediate'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, Vanguard Intermediate Term Tax Exempt is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Vanguard Intermediate 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 Vanguard Intermediate 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 Vanguard Intermediate Term Tax Exempt financial health.
Please note, there is a significant difference between Vanguard Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Intermediate'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

Vanguard Intermediate Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, Vanguard Intermediate Term Tax Exempt has a Probability Of Bankruptcy of 44.0%. This is much higher than that of the Vanguard family and significantly higher than that of the Muni National Interm category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

Vanguard Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vanguard Intermediate's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Vanguard Intermediate could also be used in its relative valuation, which is a method of valuing Vanguard Intermediate by comparing valuation metrics of similar companies.
Vanguard Intermediate is rated second in probability of bankruptcy among similar funds.

Vanguard Fundamentals

About Vanguard Intermediate Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Vanguard Intermediate Term Tax Exempt's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vanguard Intermediate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vanguard Intermediate Term Tax Exempt based on its fundamental data. In general, a quantitative approach, as applied to this mutual 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.
The fund has no limitations on the maturity of individual securities but is expected to maintain a dollar-weighted average maturity of 6 to 12 years. At least 75 percent of the securities held by the fund are municipal bonds in the top three credit-rating categories as determined by a nationally recognized statistical rating organization or, if unrated, determined to be of comparable quality by the advisor.
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 Vanguard Intermediate 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, Vanguard Intermediate's short interest history, or implied volatility extrapolated from Vanguard Intermediate options trading.

Also Currently Popular

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 Vanguard Intermediate Piotroski F Score and Vanguard Intermediate Altman Z Score analysis.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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Please note, there is a significant difference between Vanguard Intermediate's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Intermediate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Intermediate'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.