| ARDC Fund | | | USD 13.92 0.05 0.36% |
This module uses fundamental data of Ares Dynamic to approximate its Piotroski F score. Ares Dynamic F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Ares Dynamic Credit. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Ares Dynamic financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ares Dynamic Credit. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as
signals in unemployment.
At this time, it appears that Ares Dynamic'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..
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Piotroski F Score - Inapplicable
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Ares Dynamic Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Ares Dynamic is to make sure Ares is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Ares Dynamic'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 Ares Dynamic's financial numbers are properly reported.
About Ares Dynamic 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 Ares Dynamic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ares Dynamic Credit's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ares Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Ares Dynamic Credit based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as
technical analysis,
investor sentiment usually refers to the aggregate attitude towards Ares Dynamic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge
market sentiment could be utilized using contrarian indexes, Ares Dynamic's short interest history, or implied volatility extrapolated from Ares Dynamic options trading.
Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Ares Dynamic Credit. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as
signals in unemployment.
Note that the Ares Dynamic Credit information on this page should be used as a complementary analysis to other Ares Dynamic'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
Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Please note, there is a significant difference between Ares Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ares Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ares Dynamic'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.