Amesite Operatingco Stock Piotroski F Score
AMST Stock | USD 1.96 0.04 2.00% |
Amesite | Piotroski F Score |
At this time, it appears that Amesite OperatingCo's Piotroski F Score is Unavailable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
6.0
Piotroski F Score - Unavailable
Current Return On Assets | Negative | Focus |
Change in Return on Assets | Decreased | Focus |
Cash Flow Return on Assets | Negative | Focus |
Current Quality of Earnings (accrual) | Improving | Focus |
Asset Turnover Growth | Increase | Focus |
Current Ratio Change | Increase | Focus |
Long Term Debt Over Assets Change | N/A | Focus |
Change In Outstending Shares | Decrease | Focus |
Change in Gross Margin | Increase | Focus |
Amesite OperatingCo Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Amesite OperatingCo is to make sure Amesite is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Amesite OperatingCo's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Amesite OperatingCo's financial numbers are properly reported.
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Asset Turnover | 0.13 | 0.12 |
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Total Current Liabilities | 226.9 K | 238.8 K |
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Total Assets | 7.8 M | 7.3 M |
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Total Current Assets | 6.3 M | 6.3 M |
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Amesite OperatingCo F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Amesite OperatingCo's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Amesite OperatingCo in a much-optimized way.
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About Amesite OperatingCo Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Book Value Per Share |
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About Amesite OperatingCo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Amesite OperatingCo's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amesite OperatingCo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amesite OperatingCo based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Pair Trading with Amesite OperatingCo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amesite OperatingCo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amesite OperatingCo will appreciate offsetting losses from the drop in the long position's value.Moving together with Amesite Stock
0.66 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
Moving against Amesite Stock
0.57 | VERX | Vertex Financial Report 8th of May 2024 | PairCorr |
0.55 | DPSI | DecisionPoint Systems Financial Report 20th of May 2024 | PairCorr |
0.5 | DJCO | Daily Journal Corp | PairCorr |
0.46 | ML | MoneyLion Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Amesite OperatingCo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amesite OperatingCo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amesite OperatingCo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amesite OperatingCo to buy it.
The correlation of Amesite OperatingCo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amesite OperatingCo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amesite OperatingCo moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amesite OperatingCo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Amesite OperatingCo Altman Z Score, Amesite OperatingCo Correlation, Amesite OperatingCo Valuation, as well as analyze Amesite OperatingCo Alpha and Beta and Amesite OperatingCo Hype Analysis. For more information on how to buy Amesite Stock please use our How to Invest in Amesite OperatingCo guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Amesite Stock analysis
When running Amesite OperatingCo's price analysis, check to measure Amesite OperatingCo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Amesite OperatingCo is operating at the current time. Most of Amesite OperatingCo's value examination focuses on studying past and present price action to predict the probability of Amesite OperatingCo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amesite OperatingCo's price. Additionally, you may evaluate how the addition of Amesite OperatingCo to your portfolios can decrease your overall portfolio volatility.
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Is Amesite OperatingCo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Amesite OperatingCo. If investors know Amesite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Amesite OperatingCo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.44) | Revenue Per Share 0.17 | Quarterly Revenue Growth (0.82) | Return On Assets (0.37) | Return On Equity (0.60) |
The market value of Amesite OperatingCo is measured differently than its book value, which is the value of Amesite that is recorded on the company's balance sheet. Investors also form their own opinion of Amesite OperatingCo's value that differs from its market value or its book value, called intrinsic value, which is Amesite OperatingCo'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 Amesite OperatingCo's market value can be influenced by many factors that don't directly affect Amesite OperatingCo'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 Amesite OperatingCo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amesite OperatingCo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amesite OperatingCo'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.