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SPDR SP Probability Of Bankruptcy

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KIE -- USA Etf  

USD 37.01  1.06  2.95%

SPDR SP probability of bankruptcy fundamental analysis lookup allows you to check this and other indicators for SPDR SP Insurance ETF or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please continue to Equity Screeners to view more equity screening tools
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SPDR SP Probability Of Bankruptcy Analysis

For stocks, 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 actual probability the firm will be distressed in the next 2 fiscal years.
 2017 2018 2019 2020 (projected)
Weighted Average Shares147.27 M132.2 M118.98 M104.24 M
Revenues4.24 B4.12 B3.71 B3.26 B
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of publicly traded companies in the insurance industry. SPDR SP is traded on BATS Exchange in USA.
Weighted Average SharesRevenues
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis
SPDR SP Probability Of Bankruptcy  =  
1%
ValuationFinancialsBuy or Sell

SPDR SP Distress Driver Correlations

About Probability Of Bankruptcy

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 to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases 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, revenues patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition
Based on latest financial disclosure SPDR SP Insurance ETF has Probability Of Bankruptcy of 1.0%. This is much higher than that of the Category family, and significantly higher than that of Financial category, The Probability Of Bankruptcy for all etfs is notably lower than the firm.

SPDR SP Probability Of Bankruptcy Peer Comparison

  Probability Of Bankruptcy 
    
  SPDR SP Comparables 
SPDR SP is rated below average in probability of bankruptcy as compared to similar ETFs.

SPDR SP Fundamentals

Current Sentiment - KIE

SPDR SP Insurance Investor Sentiment

Greater number of Macroaxis users are now bullish on SPDR SP Insurance ETF. What is your outlook on investing in SPDR SP Insurance ETF? Are you bullish or bearish?
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98% Bullish
2% Bearish
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