Valuation uncertainty is not to be confused with distressed or impaired businesses. Distressed or impaired businesses have unique characteristics impacting asset value; whereas, valuation uncertainty is concerned only with uncertainties that arise as part of the process of estimating value on a specific date.[1] Distress may be a temporary operating characteristic of the subject company whereas impairment normally coincides with permanent adjustment.
World events can often result in unpredictable and significant market disruption which is an example of a valuation