Ankr Network Probability Of Bankruptcy

ANKR
 Crypto
  

USD 0.0483  0.0035  7.81%   

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

Ankr Network Probability Of Bankruptcy Analysis

Ankr Network'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 Ankr Network Probability Of Bankruptcy

    
  70%  
Most of Ankr Network'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, Ankr Network is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Ankr Network 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 Ankr Network 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 Ankr Network financial health.
Please note, there is a significant difference between Ankr Network's value and its price as these two are different measures arrived at by different means. Investors typically determine Ankr Network value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ankr Network'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.

Based on the latest financial disclosure, Ankr Network has a Probability Of Bankruptcy of 70%. This is much higher than that of the Blockchain sector and significantly higher than that of the Cryptocurrency industry. The probability of bankruptcy for all United States cryptos is notably lower than that of the firm.

Ankr Network Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ankr Network's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the crypto coins which would be a good addition to a portfolio. Peer analysis of Ankr Network could also be used in its relative valuation, which is a method of valuing Ankr Network by comparing valuation metrics of similar companies.
Ankr Network cannot be rated in Probability Of Bankruptcy category at this point.

About Ankr Network Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ankr Network's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ankr Network using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ankr Network based on its fundamental data. In general, a quantitative approach, as applied to this cryptocurrency, 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.
Ankr Network is peer-to-peer digital currency powered by the Blockchain technology. Ankr is a distributed computing platform that aims to leverage idle computing resources in data centers and edge devices. What Ankr enables is a Sharing Economy model where enterprises and consumers can monetize their spare computing capacities from their devices, on-premise servers, private cloud, and even public cloud. This enables Ankr to provide computing power much closer to users at a much cheaper price.The Ankr mainnet launched on July 10th, 2019The Ankr Chain and token swapAnkr native token and the current ERC 20 token will co-exist together, each with its own purposes.The Ankr native token will run on the Ankr Chain mainnet and will be used to power the network, purchase services on the Ankr platform and incentivize compute resource providers. It can also be staked

Ankr Network Investors Sentiment

The influence of Ankr Network'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 Ankr Network. 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.
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 Ankr Network 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, Ankr Network's short interest history, or implied volatility extrapolated from Ankr Network options trading.

Pair Trading with Ankr Network

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 Ankr Network 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 Ankr Network will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Ankr Network could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ankr Network 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 Ankr Network - 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 Ankr Network to buy it.
The correlation of Ankr Network 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 Ankr Network moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ankr Network 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 Ankr Network 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 Ankr Network Piotroski F Score and Ankr Network Altman Z Score analysis. Note that the Ankr Network information on this page should be used as a complementary analysis to other Ankr Network'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for Ankr Network Crypto Coin

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