Aielyn on 30 December 2013
| DirtyP2002 said: “Based on latest financial disclosure Sony Corporation has Probability Of Bankruptcy of 78%. This is 182.34% higher than that of Consumer Goods sector, and 163.57% higher than that of Electronic Equipment industry, The Probability Of Bankruptcy for all stocks is 122.48% lower than the firm.” |
The numbers provided here are meaningless, and thus I distrust the claim being made. The probability of bankruptcy of all stocks can't possibly be 122.48% lower, because that would make the probability negative, and probabilities can't be negative. Furthermore, one cannot talk of a probability of an event being "182% higher" than that of another event - anybody with even a meagre grasp on statistics knows that this is a meaningless thing to say.
As much as I think Sony is in financial trouble, I don't think this supposed analysis is meaningful. And, just as with any other case of analysis being released for free, I find it to be highly suspicious.
