Eastnine Ab Stock Probability Of Bankruptcy

EAST Stock  SEK 178.00  2.00  1.14%   
Eastnine's likelihood of distress is under 9% at this time. It has tiny risk of undergoing some form of financial crunch in the near future. Bankruptcy prediction helps decision makers evaluate Eastnine's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the Eastnine balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Eastnine Piotroski F Score and Eastnine Altman Z Score analysis.
  

Eastnine Probability Of Bankruptcy Analysis

Eastnine'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.

Probability Of Bankruptcy

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Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Eastnine Probability Of Bankruptcy

    
  Less than 9%  
Most of Eastnine'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, Eastnine AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Eastnine 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 Eastnine 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 Eastnine AB financial health.
Please note, there is a significant difference between Eastnine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastnine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastnine'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

Based on the latest financial disclosure, Eastnine AB has a Probability Of Bankruptcy of 9.0%. This is 81.97% lower than that of the Financial Services sector and 77.61% lower than that of the Asset Management industry. The probability of bankruptcy for all Sweden stocks is 77.4% higher than that of the company.

Eastnine Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Eastnine's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Eastnine could also be used in its relative valuation, which is a method of valuing Eastnine by comparing valuation metrics of similar companies.
Eastnine is currently under evaluation in probability of bankruptcy category among related companies.

Eastnine Fundamentals

About Eastnine Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Eastnine AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Eastnine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Eastnine AB based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Eastnine AB is a private equity firm specializing in direct investments in private and public companies. Eastnine AB was founded in November 2007 and is based in Stockholm, Sweden with additional office in Tallinn, Estonia. Eastnine operates under Asset Management classification in Sweden and is traded on Stockholm Stock Exchange. It employs 16 people.
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 Eastnine 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, Eastnine's short interest history, or implied volatility extrapolated from Eastnine options trading.

Pair Trading with Eastnine

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 Eastnine 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 Eastnine will appreciate offsetting losses from the drop in the long position's value.

Moving against Eastnine Stock

  0.47SEB-C Skandinaviska EnskildaPairCorr
The ability to find closely correlated positions to Eastnine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eastnine 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 Eastnine - 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 Eastnine AB to buy it.
The correlation of Eastnine 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 Eastnine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eastnine AB 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 Eastnine 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.
Pair CorrelationCorrelation Matching
Check out Eastnine Piotroski F Score and Eastnine Altman Z Score analysis.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Eastnine's price analysis, check to measure Eastnine'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 Eastnine is operating at the current time. Most of Eastnine's value examination focuses on studying past and present price action to predict the probability of Eastnine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eastnine's price. Additionally, you may evaluate how the addition of Eastnine to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Eastnine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastnine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastnine'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.