Asian Pay Television Stock Piotroski F Score
| APTTF Stock | USD 0.05 0.00 0.00% |
Asian |
At this time, it appears that Asian Pay's Piotroski F Score is Inapplicable. 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..
0.0
Piotroski F Score - Inapplicable
| Current Return On Assets | N/A |
| Change in Return on Assets | N/A |
| Cash Flow Return on Assets | N/A |
| Current Quality of Earnings (accrual) | N/A |
| Asset Turnover Growth | N/A |
| Current Ratio Change | N/A |
| Long Term Debt Over Assets Change | N/A |
| Change In Outstending Shares | N/A |
| Change in Gross Margin | N/A |
Asian Pay Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Asian Pay is to make sure Asian is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Asian Pay'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 Asian Pay's financial numbers are properly reported.
About Asian Pay 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.About Asian Pay Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asian Pay Television's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asian Pay using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asian Pay Television 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 Asian Pay
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 Asian Pay 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 Asian Pay will appreciate offsetting losses from the drop in the long position's value.Moving together with Asian Pink Sheet
| 0.67 | DIS | Walt Disney Sell-off Trend | PairCorr |
Moving against Asian Pink Sheet
| 0.8 | CHHE | China Health Industries | PairCorr |
| 0.68 | SRBBF | VPN Technologies | PairCorr |
| 0.65 | WBD | Warner Bros Discovery Financial Report 3rd of May 2024 | PairCorr |
| 0.61 | IRNRF | Iron Road Limited | PairCorr |
| 0.49 | GSTX | Graphene Solar Techn | PairCorr |
The ability to find closely correlated positions to Asian Pay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asian Pay 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 Asian Pay - 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 Asian Pay Television to buy it.
The correlation of Asian Pay 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 Asian Pay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asian Pay Television 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 Asian Pay 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Asian Pay Television. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Asian Pink Sheet analysis
When running Asian Pay's price analysis, check to measure Asian Pay'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 Asian Pay is operating at the current time. Most of Asian Pay's value examination focuses on studying past and present price action to predict the probability of Asian Pay's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asian Pay's price. Additionally, you may evaluate how the addition of Asian Pay to your portfolios can decrease your overall portfolio volatility.
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