Easier way to read, thanks Chrysipp37.For stocks, Probability Of...

Easier way to read, thanks Chrysipp37.

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.