Z-scores measure how far a closed-end fund's current discount status is from its average premium or discount. Writers will often highlight the probability of a given Z-score, usually to bolster an ...

Devised in the 1960s by Edward Altman, a Z score indicates the probability of a company entering bankruptcy within the next two years. The higher the Z score, the lower the probability of bankruptcy.

Since its debut in 1968, the Altman Z-Score has been followed religiously by analysts worldwide due to its ease of calculation and relative accuracy at predicting bankruptcies (72% in its initial test ...

In light of the recent surge in coronavirus cases, there is a growing risk that a prolonged economic downturn could result in more business failures this year. Last year, we have discussed in this ...