Swp Growth Income Etf Probability Of Bankruptcy
| SWP Etf | USD 26.21 0.16 0.61% |
SWP |
SWP Growth Income ETF probability of distress Analysis
SWP Growth'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 SWP Growth Probability Of Bankruptcy | Less than 9% |
Most of SWP Growth'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, SWP Growth Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of SWP Growth 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 SWP Growth 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 SWP Growth Income financial health.
The market value of SWP Growth Income is measured differently than its book value, which is the value of SWP that is recorded on the company's balance sheet. Investors also form their own opinion of SWP Growth's value that differs from its market value or its book value, called intrinsic value, which is SWP Growth'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 SWP Growth's market value can be influenced by many factors that don't directly affect SWP Growth'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 SWP Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if SWP Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SWP Growth'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 |
SWP Growth Probability Of Bankruptcy Component Assessment
Based on the latest financial disclosure, SWP Growth Income has a Probability Of Bankruptcy of 9.0%. This is 78.86% lower than that of the Industrials family and 69.18% lower than that of the Tools & Accessories category. The probability of bankruptcy for all United States etfs is 77.4% higher than that of the company.
SWP Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SWP Growth'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 SWP Growth could also be used in its relative valuation, which is a method of valuing SWP Growth by comparing valuation metrics of similar companies.SWP Growth is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
SWP Fundamentals
| Return On Equity | 13.13 | |||
| Return On Asset | 5.3 | |||
| Profit Margin | 7.66 % | |||
| Operating Margin | 12.40 % | |||
| Shares Outstanding | 153.15 M | |||
| Shares Owned By Institutions | 5.73 % | |||
| Price To Earning | 11.75 X | |||
| Price To Book | 2.02 X | |||
| Price To Sales | 1.18 X | |||
| Revenue | 13.1 B | |||
| Gross Profit | 4.78 B | |||
| EBITDA | 2.11 B | |||
| Net Income | 1000 M | |||
| Cash And Equivalents | 408 M | |||
| Cash Per Share | 2.64 X | |||
| Total Debt | 4.25 B | |||
| Debt To Equity | 50.20 % | |||
| Current Ratio | 1.06 X | |||
| Book Value Per Share | 49.83 X | |||
| Cash Flow From Operations | 1.38 B | |||
| Earnings Per Share | 6.55 X | |||
| Number Of Employees | 57.77 K | |||
| Beta | 0.97 | |||
| Market Capitalization | 11.79 B | |||
| Z Score | 1.2 | |||
| Last Dividend Paid | 1.34 |
About SWP Growth Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze SWP Growth Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SWP Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SWP Growth Income 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 SWP Growth
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 SWP Growth 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 SWP Growth will appreciate offsetting losses from the drop in the long position's value.Moving together with SWP Etf
| 0.77 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
Moving against SWP Etf
| 0.73 | EMC | Global X Funds | PairCorr |
| 0.59 | VXX | iPath Series B | PairCorr |
| 0.58 | INTL | Main International ETF | PairCorr |
| 0.53 | IDU | iShares Utilities ETF | PairCorr |
| 0.53 | IDGT | iShares Trust Symbol Change | PairCorr |
The ability to find closely correlated positions to SWP Growth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SWP Growth 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 SWP Growth - 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 SWP Growth Income to buy it.
The correlation of SWP Growth 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 SWP Growth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SWP Growth Income 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 SWP Growth 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 SWP Growth Piotroski F Score and SWP Growth Altman Z Score analysis. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
The market value of SWP Growth Income is measured differently than its book value, which is the value of SWP that is recorded on the company's balance sheet. Investors also form their own opinion of SWP Growth's value that differs from its market value or its book value, called intrinsic value, which is SWP Growth'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 SWP Growth's market value can be influenced by many factors that don't directly affect SWP Growth'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 SWP Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if SWP Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SWP Growth'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.