Navigator Equity Hedged Fund Chance Of Distress
| NAVCX Fund | USD 8.21 0.11 1.36% |
Navigator |
Navigator Equity Hedged Mutual Fund chance of distress Analysis
Navigator Equity'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 Navigator Equity Probability Of Bankruptcy | Less than 21% |
Most of Navigator Equity'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, Navigator Equity Hedged is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Navigator Equity 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 Navigator Equity 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 Navigator Equity Hedged 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, Navigator Equity Hedged has a Probability Of Bankruptcy of 21.0%. This is much higher than that of the Navigator Funds family and significantly higher than that of the Long-Short Equity category. The probability of bankruptcy for all United States funds is notably lower than that of the firm.
Navigator Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Navigator Equity's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Navigator Equity could also be used in its relative valuation, which is a method of valuing Navigator Equity by comparing valuation metrics of similar companies.Navigator Equity is currently under evaluation in probability of bankruptcy among similar funds.
Navigator Fundamentals
| Price To Earning | 15.96 X | ||||
| Price To Book | 1.56 X | ||||
| Price To Sales | 1.22 X | ||||
| Total Asset | 320 K | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 0.84 % | ||||
| One Year Return | 4.43 % | ||||
| Three Year Return | (4.37) % | ||||
| Five Year Return | 4.46 % | ||||
| Net Asset | 28.41 M | ||||
| Last Dividend Paid | 0.01 | ||||
| Cash Position Weight | 11.82 % | ||||
| Equity Positions Weight | 88.15 % |
About Navigator Equity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Navigator Equity Hedged's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Navigator Equity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Navigator Equity Hedged based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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 Navigator Equity 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, Navigator Equity's short interest history, or implied volatility extrapolated from Navigator Equity options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navigator Equity Hedged. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Navigator Equity Hedged information on this page should be used as a complementary analysis to other Navigator Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.