Jhmf Etf Probability Of Bankruptcy
JHMF's risk of distress is under 9% at the present time. It has tiny likelihood of undergoing some form of financial trouble in the near future. JHMF's Chance of financial distress is determined by interpolating and adjusting JHMF Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population.
JHMF |
JHMF ETF chance of financial distress Analysis
JHMF'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 JHMF Probability Of Bankruptcy | Less than 9% |
Most of JHMF'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, JHMF is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of JHMF 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 JHMF 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 JHMF financial health.
The market value of JHMF is measured differently than its book value, which is the value of JHMF that is recorded on the company's balance sheet. Investors also form their own opinion of JHMF's value that differs from its market value or its book value, called intrinsic value, which is JHMF'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 JHMF's market value can be influenced by many factors that don't directly affect JHMF'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 JHMF's value and its price as these two are different measures arrived at by different means. Investors typically determine if JHMF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JHMF'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, JHMF has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the John Hancock family and significantly higher than that of the Financial category. The probability of bankruptcy for all United States etfs is notably lower than that of the firm.
JHMF Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JHMF'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 JHMF could also be used in its relative valuation, which is a method of valuing JHMF by comparing valuation metrics of similar companies.JHMF is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
JHMF Fundamentals
| Price To Earning | 15.66 X | |||
| Price To Book | 1.43 X | |||
| Price To Sales | 2.20 X | |||
| Number Of Employees | 393 | |||
| Total Asset | 16.9 M | |||
| One Year Return | (19.88) % | |||
| Three Year Return | 5.84 % | |||
| Five Year Return | 6.26 % | |||
| Net Asset | 16.9 M | |||
| Last Dividend Paid | 0.35 | |||
| Equity Positions Weight | 99.48 % |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Tools for JHMF Etf
When running JHMF's price analysis, check to measure JHMF's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JHMF is operating at the current time. Most of JHMF's value examination focuses on studying past and present price action to predict the probability of JHMF's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JHMF's price. Additionally, you may evaluate how the addition of JHMF to your portfolios can decrease your overall portfolio volatility.
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