Rex Volmaxx Long Etf Beneish M Score

VMAX Etf   45.86  0.05  0.11%   
This module uses fundamental data of REX VolMAXX to approximate the value of its Beneish M Score. REX VolMAXX M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out REX VolMAXX Piotroski F Score and REX VolMAXX Altman Z Score analysis.
  
At this time, REX VolMAXX's M Score is inapplicable. The earnings manipulation may begin if REX VolMAXX's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by REX VolMAXX executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of REX VolMAXX's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Focus
Asset Quality

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Expense Coverage

N/A

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Gross Margin Strengs

N/A

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Accruals Factor

N/A

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Depreciation Resistance

N/A

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Net Sales Growth

N/A

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Financial Leverage Condition

N/A

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About REX VolMAXX Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze REX VolMAXX Long's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of REX VolMAXX using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of REX VolMAXX Long based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether REX VolMAXX Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of REX VolMAXX's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rex Volmaxx Long Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Rex Volmaxx Long Etf:
Check out REX VolMAXX Piotroski F Score and REX VolMAXX Altman Z Score analysis.
Note that the REX VolMAXX Long information on this page should be used as a complementary analysis to other REX VolMAXX's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of REX VolMAXX Long is measured differently than its book value, which is the value of REX that is recorded on the company's balance sheet. Investors also form their own opinion of REX VolMAXX's value that differs from its market value or its book value, called intrinsic value, which is REX VolMAXX's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because REX VolMAXX's market value can be influenced by many factors that don't directly affect REX VolMAXX's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between REX VolMAXX's value and its price as these two are different measures arrived at by different means. Investors typically determine if REX VolMAXX is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, REX VolMAXX's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.