ASPIRE Piotroski F Score

ASPGF -  USA Stock  

USD 11.88  2.53  27.06%

This module uses fundamental data of ASPIRE GLOBAL to approximate its Piotroski F score. ASPIRE GLOBAL F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ASPIRE GLOBAL PLC. 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 ASPIRE GLOBAL financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please continue to ASPIRE GLOBAL Altman Z Score, ASPIRE GLOBAL Correlation, ASPIRE GLOBAL Valuation, as well as analyze ASPIRE GLOBAL Alpha and Beta and ASPIRE GLOBAL Hype Analysis.

ASPIRE Piotroski F Score 

 
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At this time, it appears that ASPIRE GLOBAL'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..
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Piotroski F Score - Unavailable
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ASPIRE GLOBAL Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to ASPIRE GLOBAL is to make sure ASPIRE is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ASPIRE GLOBAL'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 ASPIRE GLOBAL's financial numbers are properly reported.

About ASPIRE GLOBAL 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 ASPIRE GLOBAL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASPIRE GLOBAL PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASPIRE GLOBAL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASPIRE GLOBAL PLC 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.
Aspire Global plc provides managed online gaming solutions to operators and white labels in the Nordic countries, the United Kingdom, Ireland, rest of Europe, and internationally. Aspire Global plc was incorporated in 2003 and is headquartered in Silema, Malta. ASPIRE GLOBAL is traded on OTC Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in ASPIRE GLOBAL without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with ASPIRE GLOBAL

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 ASPIRE GLOBAL 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 ASPIRE GLOBAL will appreciate offsetting losses from the drop in the long position's value.

ASPIRE GLOBAL Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for ASPIRE GLOBAL and Draftkings. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Please continue to ASPIRE GLOBAL Altman Z Score, ASPIRE GLOBAL Correlation, ASPIRE GLOBAL Valuation, as well as analyze ASPIRE GLOBAL Alpha and Beta and ASPIRE GLOBAL Hype Analysis. Note that the ASPIRE GLOBAL PLC information on this page should be used as a complementary analysis to other ASPIRE GLOBAL'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running ASPIRE GLOBAL PLC price analysis, check to measure ASPIRE GLOBAL'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 ASPIRE GLOBAL is operating at the current time. Most of ASPIRE GLOBAL's value examination focuses on studying past and present price action to predict the probability of ASPIRE GLOBAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASPIRE GLOBAL's price. Additionally, you may evaluate how the addition of ASPIRE GLOBAL to your portfolios can decrease your overall portfolio volatility.
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Is ASPIRE GLOBAL'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 ASPIRE GLOBAL. If investors know ASPIRE 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 ASPIRE GLOBAL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ASPIRE GLOBAL PLC is measured differently than its book value, which is the value of ASPIRE that is recorded on the company's balance sheet. Investors also form their own opinion of ASPIRE GLOBAL's value that differs from its market value or its book value, called intrinsic value, which is ASPIRE GLOBAL'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 ASPIRE GLOBAL's market value can be influenced by many factors that don't directly affect ASPIRE GLOBAL'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 ASPIRE GLOBAL's value and its price as these two are different measures arrived at by different means. Investors typically determine ASPIRE GLOBAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASPIRE GLOBAL'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.