CorporateBonds_PredictingDefault

00483538 12747627497 11856468916 123020482

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Unformatted text preview: 0.4661935866 0.60687901 -0.001776326 -0.026806464 -0.017822521 -0.0154684 0.2701475322 0.1549369693 0.1699874401 0.19835731 0.4617560208 0.3189757764 0.0458950698 0.27554229 1.5620867014 1.1228839159 1.5401009984 1.4759836561 1.4503998682 1.470942415 1.4039651432 1.3987148221 1.3732788809 1.3085709744 1.2551058015 1.31 1.33 1.26 1.32 1.28 1.27 1.25 1.19 1.13 Event Year -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 Average 1.54 1.48 1.45 1.47 1.40 1.40 1.37 1.31 1.26 1.30 Median 1.31 1.33 1.26 1.32 1.28 1.27 1.25 1.19 1.13 1.17 1.5620867 1.12288392 1.29842827 1.37843609 1.17 "Average" Ratios Before Corporate Default Event Year -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 LEVm 0.38 0.37 0.38 0.38 0.38 0.38 0.41 0.44 0.50 0.61 LEVb 0.31 0.31 0.31 0.32 0.32 0.33 0.36 0.38 0.40 0.49 ALTz 1.54 1.48 1.45 1.47 1.40 1.40 1.37 1.31 1.26 1.30 MKTCAP 525.11 475.49 457.07 449.84 554.08 558.47 738.58 779.78 429.68 272.94 "Median" Ratios Before Corporate Default CASH 0.13 0.13 0.13 0.14 0.13 0.13 0.13 0.12 0.11 0.10 Event Year -10 -9 -8 -7 -6 -5 -4 -3 -2 -1 0.65 LEVm 0.37 0.34 0.35 0.36 0.36 0.38 0.42 0.45 0.55 0.69 LEVb 0.30 0.28 0.29 0.30 0.29 0.31 0.35 0.36 0.39 0.48 ALTz 1.31 1.33 1.26 1.32 1.28 1.27 1.25 1.19 1.13 1.17 MKTCAP 56.55 65.83 61.00 70.04 70.81 76.57 67.49 61.90 41.98 19.38 CASH 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.05 0.04 0.04 0.80 0.60 0.70 0.55 0.50 0.60 0.45 0.50 0.40 0.40 0.35 0.30 0.30 0.25 0.20 0.20 -10 -9 -8 -7 -6 LEVm -5 LEVb -4 -3 -2 -1 -10 -9 -8 -7 -6 LEVm -5 LEVb -4 -3 -2 -1 -6 -5 -4 -3 -2 -1 -5 -4 -3 -2 -1 1.60 1.35 1.55 1.50 1.30 1.45 1.40 1.25 1.35 1.20 1.30 1.25 1.15 1.20 1.10 1.15 -10 1.10 -10 -9 -8 -7 -6 -5 ALTz -4 -3 -2 -9 -8 -7 -1 ALTz 900 90 80 70 60 50 40 30 20 10 0 800 700 600 500 400 300 200 100 -10 0 -10 -9 -8 -7 -6 -5 MKTCAP -4 -3 -2 -9 -8 -7 -1 0.15 -6 MKTCAP 0.070 0.15 0.065 0.14 0.14 0.060 0.13 0.055 0.13 0.12 0.050 0.12 0.11 0.045 0.11 0.040 0.10 -10 -9 -8 -7 -6 -5 CASH -4 -3 -2 -1 -10 -9 -8 -7 -6 -5 CASH -4 -3 -2 -1 ln_MKTCAPfis LEVm ALTz Event Time Default 0.709 5125309 0.16 0.87 -4 0 1.889 1508124 0.04 1.08 -3 0 2.309 8089 6 08 0.18 1.19 -2 0 2.74 28219 4 73 0.24 0.73 -1 1 1.209 59 37 0.75 1.6 1 -10 0 0.6 79 300729 4 0.76 2.32 -9 0 0.14 030516 11 0.85 1.9 9 -8 0 1.0276 0776 5 0.75 1.9 4 -7 0 1.9 78584 4 388 0.27 2.2 -6 0 1.85156 0076 2 0.35 1.88 -5 0 1.59 4 22274 4 3 0.6 2 1.37 -4 0 1.81736 6 276 3 0.59 1.15 -3 0 1.35306 07051 0.6 4 1.31 -2 0 0.74 6 9 24 9 323 0.6 5 1.77 -1 1 1.9 719 4 334 6 8 0.4 2 -6 0 2.59 134 7809 6 0.25 -5 0 2.84 74 4 9 7 0.25 -4 0 3.6 117756 4 54 0.2 -3 0 2.5726 12259 3 0.4 6 0.86 -2 0 1.0303334 6 4 3 0.31 1.8 -10 0 1.12776 6 4 4 13 0.33 1.78 -9 0 2.04 11229 503 0.06 2.15 -8 0 2.6 24 86 78211 0.14 1.34 -7 0 3.0306 106 4 4 8 0.27 1.35 -6 0 3.29 4 0574 9 36 0.39 0.9 1 -5 0 2.9 9 39 8074 82 0.6 0.89 -4 0 2.6 718270152 0.7 0.9 6 -3 0 2.0251008732 0.81 1.18 -2 0 3.29 15773159 0.4 2 1.31 -9 0 5.0824 718155 0.17 1.86 -8 0 5.79 36 556 6 7 0.5 0.6 8 -7 0 6 .036 4 4 9 0577 0.4 3 1.09 -6 0 5.714 51809 81 0.4 6...
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