3edge Dynamic Fixed Etf Probability Of Bankruptcy

EDGF Etf   24.53  0.01  0.04%   
3EDGE Dynamic's risk of distress is over 50% at the present time. It has a moderate likelihood of going through some financial crunch in the next 2 years. 3EDGE Dynamic's Chance of financial distress is determined by interpolating and adjusting 3EDGE Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. Check out 3EDGE Dynamic Performance and 3EDGE Dynamic Technical Analysis analysis.
  

3EDGE Dynamic Fixed ETF chance of financial distress Analysis

3EDGE Dynamic'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

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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current 3EDGE Dynamic Probability Of Bankruptcy

    
  50%  
Most of 3EDGE Dynamic'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, 3EDGE Dynamic Fixed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of 3EDGE Dynamic 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 3EDGE Dynamic 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 3EDGE Dynamic Fixed financial health.
The market value of 3EDGE Dynamic Fixed is measured differently than its book value, which is the value of 3EDGE that is recorded on the company's balance sheet. Investors also form their own opinion of 3EDGE Dynamic's value that differs from its market value or its book value, called intrinsic value, which is 3EDGE Dynamic'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 3EDGE Dynamic's market value can be influenced by many factors that don't directly affect 3EDGE Dynamic'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 3EDGE Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3EDGE Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3EDGE Dynamic'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, 3EDGE Dynamic Fixed has a Probability Of Bankruptcy of 50.0%. This is much higher than that of the family and significantly higher than that of the Probability Of Bankruptcy category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.

3EDGE Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 3EDGE Dynamic'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 3EDGE Dynamic could also be used in its relative valuation, which is a method of valuing 3EDGE Dynamic by comparing valuation metrics of similar companies.
3EDGE Dynamic is rated # 3 ETF in probability of bankruptcy as compared to similar ETFs.

About 3EDGE Dynamic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 3EDGE Dynamic Fixed's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3EDGE Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3EDGE Dynamic Fixed 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.

Currently Active Assets on Macroaxis

When determining whether 3EDGE Dynamic Fixed is a strong investment it is important to analyze 3EDGE Dynamic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3EDGE Dynamic's future performance. For an informed investment choice regarding 3EDGE Etf, refer to the following important reports:
Check out 3EDGE Dynamic Performance and 3EDGE Dynamic Technical Analysis analysis.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of 3EDGE Dynamic Fixed is measured differently than its book value, which is the value of 3EDGE that is recorded on the company's balance sheet. Investors also form their own opinion of 3EDGE Dynamic's value that differs from its market value or its book value, called intrinsic value, which is 3EDGE Dynamic'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 3EDGE Dynamic's market value can be influenced by many factors that don't directly affect 3EDGE Dynamic'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 3EDGE Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3EDGE Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3EDGE Dynamic'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.