Royce Small Cap Leaders Fund Chance Of Distress
Royce Small's odds of distress is above 80% at this time. It has very high probability of going through financial straits in the upcoming years. Chance of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry.
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Royce Small Cap Leaders Mutual Fund chance of distress Analysis
Royce Small'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 Royce Small Probability Of Bankruptcy | Over 100% |
Most of Royce Small'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, Royce Small Cap Leaders is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Royce Small 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 Royce Small 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 Royce Small Cap Leaders financial health.
Please note, there is a significant difference between Royce Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royce Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royce Small'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.
CompetitionBased on the latest financial disclosure, Royce Small Cap Leaders has a Probability Of Bankruptcy of 100%. 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 funds is notably lower than that of the firm.
Royce Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Royce Small'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 Royce Small could also be used in its relative valuation, which is a method of valuing Royce Small by comparing valuation metrics of similar companies.Royce Small is currently under evaluation in probability of bankruptcy among similar funds.
Royce Fundamentals
| Price To Earning | 17.79 X | |||
| Price To Book | 2.06 X | |||
| Price To Sales | 1.25 X | |||
| Annual Yield | 0.29 % | |||
| Year To Date Return | 20.79 % | |||
| One Year Return | (6.75) % | |||
| Three Year Return | 17.00 % | |||
| Five Year Return | 3.99 % | |||
| Ten Year Return | 10.67 % | |||
| Net Asset | 99.84 M | |||
| Last Dividend Paid | 0.04 | |||
| Holdings Turnover | 64.00 % | |||
| Cash Position Weight | 12.46 % | |||
| Equity Positions Weight | 93.52 % |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Royce Mutual Fund
If you are still planning to invest in Royce Small Cap check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Royce Small's history and understand the potential risks before investing.
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