For stocks, Probability Of Bankruptcy is 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 probability of a firm or a fund going into bankruptcy or experiencing financial distress within 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. Samson Probability Of Bankruptcy = Normalized Z-Score = 2.596 % Companies or funds with Probability Of Bankruptcy above 90% are generally considered to be high risk with a good chance of bankruptcy in the next 2 years. On the other hand entities with Probability Of Bankruptcy of less than 15% will most likely experience some growth in the next 2 years. Probability Of Bankruptcy is based on Macroaxis own algorithm and can be used by auditors, accountants, money managers, financial advisers, as well as day traders to evaluate unsystematic risk of a stock, fund or ETF. Compare Samson to competition
Samson Probability Of Bankruptcy Assessment SSN Oil and Gas Drilling... Basic Materials All Equities 0 20 40 60 2.596 55.47 47.28 51.01 Based on latest financial disclosure Samson Oil Gas Limited has Probability Of Bankruptcy of 2.596%. This is 94.51% lower than that of Basic Materials sector, and 95.32% lower than that of Oil and Gas Drilling and Exploration industry, The Probability Of Bankruptcy for all stocks is 94.91% higher than the company.
SSN Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held