Ea Bridgeway Omni Etf Probability Of Bankruptcy
| BSVO Etf | 22.15 0.09 0.41% |
BSVO |
EA Bridgeway Omni ETF odds of distress Analysis
EA Bridgeway'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current EA Bridgeway Probability Of Bankruptcy | Less than 9% |
Most of EA Bridgeway'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, EA Bridgeway Omni is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of EA Bridgeway 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 EA Bridgeway 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 EA Bridgeway Omni financial health.
The market value of EA Bridgeway Omni is measured differently than its book value, which is the value of BSVO that is recorded on the company's balance sheet. Investors also form their own opinion of EA Bridgeway's value that differs from its market value or its book value, called intrinsic value, which is EA Bridgeway'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 EA Bridgeway's market value can be influenced by many factors that don't directly affect EA Bridgeway'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 EA Bridgeway's value and its price as these two are different measures arrived at by different means. Investors typically determine if EA Bridgeway is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EA Bridgeway'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.
| Competition |
Based on the latest financial disclosure, EA Bridgeway Omni has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the family and significantly higher than that of the Small Value category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.
BSVO Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses EA Bridgeway's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of EA Bridgeway could also be used in its relative valuation, which is a method of valuing EA Bridgeway by comparing valuation metrics of similar companies.EA Bridgeway is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
BSVO Fundamentals
| Beta | 1.03 | |||
| One Year Return | 8.10 % | |||
| Three Year Return | 7.20 % | |||
| Five Year Return | 12.70 % | |||
| Ten Year Return | 8.70 % |
About EA Bridgeway Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze EA Bridgeway Omni's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EA Bridgeway using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EA Bridgeway Omni based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Pair Trading with EA Bridgeway
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 EA Bridgeway 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 EA Bridgeway will appreciate offsetting losses from the drop in the long position's value.Moving together with BSVO Etf
| 0.97 | VBR | Vanguard Small Cap | PairCorr |
| 0.98 | IWN | iShares Russell 2000 | PairCorr |
| 0.99 | DFAT | Dimensional Targeted | PairCorr |
| 0.9 | IJS | iShares SP Small | PairCorr |
| 0.98 | SLYV | SPDR SP 600 | PairCorr |
Moving against BSVO Etf
The ability to find closely correlated positions to EA Bridgeway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EA Bridgeway 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 EA Bridgeway - 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 EA Bridgeway Omni to buy it.
The correlation of EA Bridgeway is a statistical measure of how it moves in relation to other instruments. 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 EA Bridgeway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EA Bridgeway Omni 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 EA Bridgeway 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.Check out EA Bridgeway Piotroski F Score and EA Bridgeway Altman Z Score analysis. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
The market value of EA Bridgeway Omni is measured differently than its book value, which is the value of BSVO that is recorded on the company's balance sheet. Investors also form their own opinion of EA Bridgeway's value that differs from its market value or its book value, called intrinsic value, which is EA Bridgeway'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 EA Bridgeway's market value can be influenced by many factors that don't directly affect EA Bridgeway'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 EA Bridgeway's value and its price as these two are different measures arrived at by different means. Investors typically determine if EA Bridgeway is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EA Bridgeway'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.