AAAJX Probability Of Bankruptcy

AAAJX -  USA Fund  

USD 9.19  0.02  0.22%

One Choice Blend 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. One Choice Blend Probability Of Bankruptcy is determined by interpolating and adjusting AAAJX 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 AAAJX balance sheet as well as cash flow and income statements available from the company's most recent filings. Please continue to One Choice Piotroski F Score and One Choice Altman Z Score analysis.
  
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AAAJX Probability Of Bankruptcy Analysis

One Choice'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 
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Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current One Choice Probability Of Bankruptcy

    
  1%  
Most of One Choice'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, One Choice Blend is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of One Choice 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 One Choice 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 One Choice Blend financial health.
Please note, there is a significant difference between One Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine One Choice value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, One Choice'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

One Choice Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, One Choice Blend has a Probability Of Bankruptcy of 1.0%. This is much higher than that of the Category family and significantly higher than that of the Target-Date 2015 category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

AAAJX Probability Of Bankruptcy Peer Comparison

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

AAAJX Fundamentals

About One Choice Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze One Choice Blend's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of One Choice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of One Choice Blend 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 investment seeks the highest total return consistent with its asset mix. One Choice is traded on NASDAQ Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in One Choice without increasing your portfolio risk or giving up 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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Pair Trading with One Choice

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if One Choice position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in One Choice will appreciate offsetting losses from the drop in the long position's value.

One Choice Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to One Choice could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace One Choice when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back One Choice - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling One Choice Blend to buy it.
The correlation of One Choice is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as One Choice moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if One Choice Blend moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for One Choice can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to One Choice Piotroski F Score and One Choice Altman Z Score analysis. Note that the One Choice Blend information on this page should be used as a complementary analysis to other One Choice'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 CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for AAAJX Mutual Fund analysis

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