Vaneck Sustainable World Etf Probability Of Bankruptcy
| TSWE Etf | EUR 33.52 0.24 0.72% |
VanEck |
VanEck Sustainable World ETF probability of financial unrest Analysis
VanEck Sustainable'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.
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Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current VanEck Sustainable Probability Of Bankruptcy | Less than 9% |
Most of VanEck Sustainable'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, VanEck Sustainable World is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of VanEck Sustainable 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 VanEck Sustainable 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 VanEck Sustainable World financial health.
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 |
Based on the latest financial disclosure, VanEck Sustainable World has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Think ETF Asset Management BV family and significantly higher than that of the Probability Of Bankruptcy category. The probability of bankruptcy for all Netherlands etfs is notably lower than that of the firm.
VanEck Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses VanEck Sustainable'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 VanEck Sustainable could also be used in its relative valuation, which is a method of valuing VanEck Sustainable by comparing valuation metrics of similar companies.VanEck Sustainable is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
VanEck Fundamentals
| Total Asset | 269.74 M | |||
| One Year Return | 5.80 % | |||
| Three Year Return | 11.28 % | |||
| Five Year Return | 9.27 % | |||
| Net Asset | 269.74 M | |||
| Last Dividend Paid | 1.1 | |||
| Equity Positions Weight | 100.00 % |
About VanEck Sustainable Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze VanEck Sustainable World's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of VanEck Sustainable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of VanEck Sustainable World 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.
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VanEck Sustainable financial ratios help investors to determine whether VanEck Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in VanEck with respect to the benefits of owning VanEck Sustainable security.