Read in-depth how crowdsourcing the wisdom of our uniquely positioned subscribers has enabled a significant enhancement of the CreditRiskMonitor FRISK® score, more accurately predicting corporate financial stress.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how credit manager crowdsourcing play a role.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. The first of a five-part look at these inputs, here’s how the stock market plays a role.
CreditRiskMonitor delivers a highly accurate gauge of U.S. public company bankruptcy risk. During the preceding three calendar years from 2020 to 2022, out of 352 occurrences of bankruptcy, our proprietary FRISK® score only missed predicting 17 bankruptcies. That amounts to a 96% rate of success during that time.