Lyxor Ucits Cac Etf Probability Of Bankruptcy
CACM Etf | EUR 204.15 2.00 0.99% |
Lyxor |
Lyxor UCITS CAC ETF chance of distress Analysis
Lyxor UCITS'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 Lyxor UCITS Probability Of Bankruptcy | Less than 9% |
Most of Lyxor UCITS'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, Lyxor UCITS CAC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Lyxor UCITS 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 Lyxor UCITS 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 Lyxor UCITS CAC 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, Lyxor UCITS CAC has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Lyxor International Asset Management S.A.S. family and significantly higher than that of the Probability Of Bankruptcy category. The probability of bankruptcy for all France etfs is notably lower than that of the firm.
Lyxor Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lyxor UCITS'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 Lyxor UCITS could also be used in its relative valuation, which is a method of valuing Lyxor UCITS by comparing valuation metrics of similar companies.Lyxor UCITS is currently under evaluation in probability of bankruptcy as compared to similar ETFs.
Lyxor Fundamentals
Price To Earning | 18.46 X | |||
Price To Book | 1.79 X | |||
Price To Sales | 0.82 X | |||
Total Asset | 23 M | |||
One Year Return | (4.66) % | |||
Three Year Return | 10.98 % | |||
Five Year Return | 9.53 % | |||
Net Asset | 23 M | |||
Last Dividend Paid | 4.05 | |||
Equity Positions Weight | 100.00 % |
About Lyxor UCITS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lyxor UCITS CAC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lyxor UCITS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lyxor UCITS CAC 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Lyxor UCITS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Lyxor UCITS's short interest history, or implied volatility extrapolated from Lyxor UCITS options trading.
Pair Trading with Lyxor UCITS
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 Lyxor UCITS 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 Lyxor UCITS will appreciate offsetting losses from the drop in the long position's value.Moving together with Lyxor Etf
0.79 | JPNH | Lyxor UCITS Japan | PairCorr |
0.84 | MSE | Lyxor UCITS Stoxx | PairCorr |
0.75 | CAC | Lyxor UCITS CAC | PairCorr |
Moving against Lyxor Etf
0.45 | EMLD | SSgA SPDR ETFs | PairCorr |
The ability to find closely correlated positions to Lyxor UCITS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lyxor UCITS 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 Lyxor UCITS - 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 Lyxor UCITS CAC to buy it.
The correlation of Lyxor UCITS 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 Lyxor UCITS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lyxor UCITS CAC 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 Lyxor UCITS 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Lyxor UCITS CAC. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.