About

This application leverages a diverse set of powerful machine learning models to accurately predict the insolvency for businesses, taking into account a comprehensive range of financial indicators. With our user-friendly interface, you can easily explore the prediction functionality and gain valuable insights into the financial health of businesses.

It's important to note that while our application offers powerful predictive capabilities, it is primarily intended for educational and informational purposes. The models used in this application have been trained on real-life sample data and their accuracy may vary in real-world scenarios. Therefore, it is always advisable to exercise caution and employ independent judgment when interpreting the results generated by our application.

Whether you're conducting academic research, seeking insights for business purposes, or simply exploring the world of insolvency prediction, we are committed to providing a reliable and user-friendly platform.

The data used in our application was extracted from the SABI database. It was made available by the Applied Management Research Unit (UNIAG), through an agreement protocol between UNIAG and COFACE.

Our models include:

Adaboost

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Decision Tree

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Neural Network

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Monte Carlo

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Random Forest

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Logistic Regression

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Disclaimer: Riskit is an educational tool that utilizes academic models to provide predictions based on the provided data. Riskit is free, and it is not associated with any financial costs or obligations. It is important to note that these predictions should not be taken as definitive or guaranteed outcomes. The models used in this predictor were trained with sample data, and their accuracy may vary depending on various factors. The predictions generated by Riskit are intended for informational purposes only and should not be considered as financial, legal, or professional advice. Users should exercise caution and independent judgment when interpreting the results. It is always recommended to consult with qualified professionals or seek expert advice before making any financial or business decisions. Riskit and its developers do not assume any responsibility for the accuracy, completeness, or reliability of the predictions. The tool is provided on an "as-is" basis without any warranties or representations, express or implied. By using Riskit, you acknowledge and agree that the predictions should be used at your own risk. The developers of Riskit shall not be liable for any damages or losses arising from the use or reliance on the predictions generated by the tool. Remember that financial forecasting and insolvency prediction are complex topics, and no tool can provide a foolproof prediction. Always consider multiple factors, seek professional advice, and use your judgment when making important business decisions.

Developed by: Miguel Pereira
Supervised by: PhD Ana Paula Monte
Supervised by: PhD Rui Pedro Lopes