Anavex Probability Of Bankruptcy

AVXL
 Stock
  

USD 10.32  0.57  5.85%   

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

Anavex Probability Of Bankruptcy Analysis

Anavex Lf'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 Anavex Lf Probability Of Bankruptcy

    
  93%  
Most of Anavex Lf'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, Anavex Lf SC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Anavex Lf 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 Anavex Lf 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 Anavex Lf SC financial health.
Is Anavex Lf's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anavex Lf. If investors know Anavex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anavex Lf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Anavex Lf SC is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Lf's value that differs from its market value or its book value, called intrinsic value, which is Anavex Lf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anavex Lf's market value can be influenced by many factors that don't directly affect Anavex Lf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anavex Lf's value and its price as these two are different measures arrived at by different means. Investors typically determine Anavex Lf value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Lf'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, Anavex Lf SC has a Probability Of Bankruptcy of 93%. This is 114.83% higher than that of the Healthcare sector and 69.58% higher than that of the Biotechnology industry. The probability of bankruptcy for all United States stocks is 133.49% lower than that of the firm.

Anavex Probability Of Bankruptcy Peer Comparison

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

Anavex Fundamentals

About Anavex Lf Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Anavex Lf SC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Anavex Lf using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Anavex Lf SC based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Anavex Life Sciences Corp., a clinical stage biopharmaceutical company, engages in the development of drug candidates for the treatment of central nervous system diseases. Its lead drug candidate is ANAVEX 2-73, which is in Phase III clinical trial for the treatment of Alzheimers disease Phase III clinical trial to treat pediatric patients with Rett syndrome Phase II clinical trial for the treatment of Parkinsons disease and preclinical clinical trials to treat epilepsy, infantile spasms, Fragile X syndrome, Angelman syndrome, multiple sclerosis, and tuberous sclerosis complex. The companys drug candidate also comprises ANAVEX 3-71, which is in Phase I clinical trial for the treatment of frontotemporal dementia and other dementia indications and preclinical clinical trials for the treatment of neurodegenerative diseases, such as Alzheimers and Parkinsons diseases. Its preclinical drug candidates include ANAVEX 1-41, a sigma-1 receptor agonist for the treatment of depression, stroke, Parkinsons, and Alzheimers diseases ANAVEX 1066, a mixed sigma-1sigma-2 ligand for the potential treatment of neuropathic and visceral pain and ANAVEX 1037 to treat prostate and pancreatic cancer. The company was incorporated in 2004 and is headquartered in New York, New York.

Anavex Lf Implied Volatility

    
  131.56  
Anavex Lf's implied volatility exposes the market's sentiment of Anavex Lf SC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Anavex Lf's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Anavex Lf stock will not fluctuate a lot when Anavex Lf's options are near their expiration.
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 Anavex Lf 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, Anavex Lf's short interest history, or implied volatility extrapolated from Anavex Lf options trading.

Pair Trading with Anavex Lf

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 Anavex Lf 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 Anavex Lf will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Anavex Lf could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Anavex Lf 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 Anavex Lf - 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 Anavex Lf SC to buy it.
The correlation of Anavex Lf 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 Anavex Lf moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Anavex Lf SC 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 Anavex Lf 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 Anavex Lf Piotroski F Score and Anavex Lf Altman Z Score analysis. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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Is Anavex Lf's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anavex Lf. If investors know Anavex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Anavex Lf listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Anavex Lf SC is measured differently than its book value, which is the value of Anavex that is recorded on the company's balance sheet. Investors also form their own opinion of Anavex Lf's value that differs from its market value or its book value, called intrinsic value, which is Anavex Lf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Anavex Lf's market value can be influenced by many factors that don't directly affect Anavex Lf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Anavex Lf's value and its price as these two are different measures arrived at by different means. Investors typically determine Anavex Lf value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anavex Lf'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.