Kensington Probability Of Bankruptcy

KADAX
 Fund
  

USD 9.26  0.02  0.22%   

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

Kensington Probability Of Bankruptcy Analysis

Kensington Active'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 Kensington Active Probability Of Bankruptcy

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

Kensington Active Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, Kensington Active Advantage 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 Family category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

Kensington Probability Of Bankruptcy Peer Comparison

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

Kensington Fundamentals

About Kensington Active Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kensington Active Advantage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kensington Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kensington Active Advantage 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 Adviser seeks to achieve the funds investment objective by employing a fund-of-funds approach that utilizes a proprietary trend-following process which seeks to benefit from longer-term trends in equity and fixed income markets. Kensington Active is traded on NASDAQ Exchange in the United States.
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 Kensington Active 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, Kensington Active's short interest history, or implied volatility extrapolated from Kensington Active options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Kensington Active using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Kensington Active Piotroski F Score and Kensington Active Altman Z Score analysis. Note that the Kensington Active information on this page should be used as a complementary analysis to other Kensington Active'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for Kensington Mutual Fund analysis

When running Kensington Active price analysis, check to measure Kensington Active'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 Kensington Active is operating at the current time. Most of Kensington Active's value examination focuses on studying past and present price action to predict the probability of Kensington Active's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Kensington Active's price. Additionally, you may evaluate how the addition of Kensington Active to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Please note, there is a significant difference between Kensington Active's value and its price as these two are different measures arrived at by different means. Investors typically determine Kensington Active value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kensington Active'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.