The Daskapital risk rating (Iberinform Score) uses mathematical models to predict the probability of a company defaulting within 12 months, assessing the risk on a scale of 10 risk levels, translated into letters for ease of reading. On this scale, credits marked with the letter ‘A’ represent very low-risk credits, credits marked with the letter “B” are low to moderate-risk credits, and credits marked with the letter ‘C’ are the riskiest and should require greater attention from investors.
The probability of default for each of the scoring notes is statistically estimated and demonstrated in the following table:
Iberinform's Risk Assessment Model identifies factors that predict a company's payment behaviour for the next 12 months. The definition of default used here includes not only insolvency actions but also payment incidents. Default is modelled as exceeding a critical point through a combination of a set of factors related to the company.
If we differentiate between a company that has suffered a risk of default by a customer and another company that has used the Score to segment and monitor customers, the success rate would be 85% of cases, which confirms the predictive capacity of the Model.
To limit the risk that investors incur, Daskapital, with certain exceptions, does not publish investment opportunities rated 3 (CCC) or lower.
If you need further clarification, please get in touch with us at support@daskapital.eu.
