ABNOVA Probability Of Bankruptcy

ABNOVA CORPORATION 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. ABNOVA CORPORATION Probability Of Bankruptcy is determined by interpolating and adjusting ABNOVA 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 ABNOVA balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Trending Equities.
  

ABNOVA Probability Of Bankruptcy Analysis

ABNOVA CORPORATION'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 ABNOVA CORPORATION Probability Of Bankruptcy

    
  1%  
Most of ABNOVA CORPORATION'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, ABNOVA CORPORATION is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of ABNOVA CORPORATION 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 ABNOVA CORPORATION 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 ABNOVA CORPORATION financial health.
Please note, there is a significant difference between ABNOVA CORPORATION's value and its price as these two are different measures arrived at by different means. Investors typically determine ABNOVA CORPORATION value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABNOVA CORPORATION'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, ABNOVA CORPORATION has a Probability Of Bankruptcy of 1.0%. This is 97.69% lower than that of the Healthcare sector and 98.18% lower than that of the Biotechnology industry. The probability of bankruptcy for all Taiwan stocks is 97.49% higher than that of the company.

ABNOVA Probability Of Bankruptcy Peer Comparison

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

ABNOVA Fundamentals

Be your own money manager

Our tools can tell you how much better you can do entering a position in ABNOVA CORPORATION 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.

Did you try this?

Run Sync Your Broker Now

   

Sync Your Broker

Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
All  Next Launch Module

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Check out Trending Equities. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for ABNOVA Stock

When running ABNOVA CORPORATION price analysis, check to measure ABNOVA CORPORATION'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 ABNOVA CORPORATION is operating at the current time. Most of ABNOVA CORPORATION's value examination focuses on studying past and present price action to predict the probability of ABNOVA CORPORATION's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ABNOVA CORPORATION's price. Additionally, you may evaluate how the addition of ABNOVA CORPORATION to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go