VICTORY Probability Of Bankruptcy

SBFCX
 Fund
  

USD 16.41  0.02  0.12%   

VICTORY INCORE INVESTMENT 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. VICTORY INCORE INVESTMENT Probability Of Bankruptcy is determined by interpolating and adjusting VICTORY 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 VICTORY balance sheet as well as cash flow and income statements available from the company's most recent filings. Additionally, take a look at VICTORY INCORE Piotroski F Score and VICTORY INCORE Altman Z Score analysis.
  

VICTORY Probability Of Bankruptcy Analysis

VICTORY INCORE'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 VICTORY INCORE Probability Of Bankruptcy

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

VICTORY INCORE Probability Of Bankruptcy Component Assessment

Based on the latest financial disclosure, VICTORY INCORE INVESTMENT has a Probability Of Bankruptcy of 1.0%. This is much higher than that of the Victory Capital family and significantly higher than that of the Convertibles category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.

VICTORY Probability Of Bankruptcy Peer Comparison

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

VICTORY Fundamentals

About VICTORY INCORE Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze VICTORY INCORE INVESTMENT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VICTORY INCORE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VICTORY INCORE INVESTMENT 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.
Under normal circumstances, the fund will invest at least 80 percent of its assets in investment grade securities convertible into common stock and synthetic convertible securities, which are derivative positions composed of two or more securities with investment characteristics that, when taken together, resemble those of traditional convertible securities. Victory Incore 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 VICTORY INCORE 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, VICTORY INCORE's short interest history, or implied volatility extrapolated from VICTORY INCORE options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at VICTORY INCORE Piotroski F Score and VICTORY INCORE Altman Z Score analysis. Note that the VICTORY INCORE INVESTMENT information on this page should be used as a complementary analysis to other VICTORY INCORE'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for VICTORY Mutual Fund analysis

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