Letzer Abschnitt: Probability Of Bankruptcy
For stocks, Probability Of Bankruptcy is 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 probability of a firm or a fund going into bankruptcy or experiencing financial distress within next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years. 82.8% All Equities Basic Materials Industrial Metals an PRW.AX Companies or funds with Probability Of Bankruptcy above 90% are generally considered to be high risk with a good chance of bankruptcy in the next 2 years. On the other hand entities with Probability Of Bankruptcy of less than 15% will most likely experience some growth in the next 2 years. Probability Of Bankruptcy is based on Macroaxis own algorithm and can be used by auditors, accountants, money managers, financial advisers, as well as day traders to evaluate unsystematic risk of a stock, fund or ETF. Based on latest financial disclosure Proto Resources and Investments Limited has Probability Of Bankruptcy of 82%. This is 141.4% higher than that of Basic Materials sector, and 132.58% higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is 138.48% lower than Proto Resources and Investments Limited.
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