WILLISTON Probability Of Bankruptcy

ICPAX
 Fund
  

USD 5.49  0.13  2.31%   

WILLISTON BASINMID-NORTH 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. WILLISTON BASINMID-NORTH Probability Of Bankruptcy is determined by interpolating and adjusting WILLISTON 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 WILLISTON balance sheet as well as cash flow and income statements available from the company's most recent filings. Please see WILLISTON BASINMID-NORTH Piotroski F Score and WILLISTON BASINMID-NORTH Altman Z Score analysis.
  

WILLISTON Probability Of Bankruptcy Analysis

WILLISTON BASINMID-NORTH'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 
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Current WILLISTON BASINMID-NORTH Probability Of Bankruptcy

    
  52%  
Most of WILLISTON BASINMID-NORTH'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, WILLISTON BASINMID-NORTH AMERICA is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of WILLISTON BASINMID-NORTH 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 WILLISTON BASINMID-NORTH 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 WILLISTON BASINMID-NORTH AMERICA financial health.
Please note, there is a significant difference between WILLISTON BASINMID-NORTH's value and its price as these two are different measures arrived at by different means. Investors typically determine WILLISTON BASINMID-NORTH value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WILLISTON BASINMID-NORTH'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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WILLISTON BASINMID-NORTH Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, WILLISTON BASINMID-NORTH AMERICA has a Probability Of Bankruptcy of 52%. This is much higher than that of the IntegrityVikingFunds family and significantly higher than that of the Equity Energy category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

WILLISTON Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses WILLISTON BASINMID-NORTH'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 WILLISTON BASINMID-NORTH could also be used in its relative valuation, which is a method of valuing WILLISTON BASINMID-NORTH by comparing valuation metrics of similar companies.
WILLISTON BASINMID-NORTH is currently under evaluation in probability of bankruptcy among similar funds.

WILLISTON Fundamentals

About WILLISTON BASINMID-NORTH Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze WILLISTON BASINMID-NORTH AMERICA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WILLISTON BASINMID-NORTH using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of WILLISTON BASINMID-NORTH AMERICA 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 normally invests at least 80 percent of its net assets in the stock of domestic and foreign issuers that are participating or benefitting from the development of the resources in the Mid-North America area. Williston BasinMid-North is traded on NASDAQ Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in WILLISTON BASINMID-NORTH without increasing your portfolio risk or giving up the 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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Please see WILLISTON BASINMID-NORTH Piotroski F Score and WILLISTON BASINMID-NORTH Altman Z Score analysis. Note that the WILLISTON BASINMID-NORTH information on this page should be used as a complementary analysis to other WILLISTON BASINMID-NORTH'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Complementary Tools for WILLISTON Mutual Fund analysis

When running WILLISTON BASINMID-NORTH price analysis, check to measure WILLISTON BASINMID-NORTH'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 WILLISTON BASINMID-NORTH is operating at the current time. Most of WILLISTON BASINMID-NORTH's value examination focuses on studying past and present price action to predict the probability of WILLISTON BASINMID-NORTH's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move WILLISTON BASINMID-NORTH's price. Additionally, you may evaluate how the addition of WILLISTON BASINMID-NORTH to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between WILLISTON BASINMID-NORTH's value and its price as these two are different measures arrived at by different means. Investors typically determine WILLISTON BASINMID-NORTH value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WILLISTON BASINMID-NORTH'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.