OBBK08 Probability Of Bankruptcy

OBBK08 PRO 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. OBBK08 PRO Probability Of Bankruptcy is determined by interpolating and adjusting OBBK08 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 OBBK08 balance sheet as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center.
  

OBBK08 Probability Of Bankruptcy Analysis

OBBK08 PRO'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 OBBK08 PRO Probability Of Bankruptcy

    
  50%  
Most of OBBK08 PRO'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, OBBK08 PRO is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of OBBK08 PRO 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 OBBK08 PRO 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 OBBK08 PRO financial health.
Please note, there is a significant difference between OBBK08 PRO's value and its price as these two are different measures arrived at by different means. Investors typically determine OBBK08 PRO value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OBBK08 PRO'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, OBBK08 PRO has a Probability Of Bankruptcy of 50.0%. This is much higher than that of the sector and significantly higher than that of the Probability Of Bankruptcy industry. The probability of bankruptcy for all Norway stocks is notably lower than that of the firm.
Chance Of Financial Distress
Less than 50
OBBK08 PRO has    50 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for OBBK08 PRO stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

OBBK08 PRO Investors Sentiment

The influence of OBBK08 PRO'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 OBBK08. 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 OBBK08 PRO 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, OBBK08 PRO's short interest history, or implied volatility extrapolated from OBBK08 PRO options trading.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as OBBK08 PRO 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.

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Check out Your Equity Center. Note that the OBBK08 PRO information on this page should be used as a complementary analysis to other OBBK08 PRO'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 OBBK08 Stock

When running OBBK08 PRO price analysis, check to measure OBBK08 PRO'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 OBBK08 PRO is operating at the current time. Most of OBBK08 PRO's value examination focuses on studying past and present price action to predict the probability of OBBK08 PRO's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move OBBK08 PRO's price. Additionally, you may evaluate how the addition of OBBK08 PRO to your portfolios can decrease your overall portfolio volatility.
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