Bioventus Piotroski F Score

BVS
 Stock
  

USD 7.00  0.07  0.99%   

This module uses fundamental data of Bioventus Inc to approximate its Piotroski F score. Bioventus Inc F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Bioventus Inc Cl. 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 Bioventus Inc financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Bioventus Inc Altman Z Score, Bioventus Inc Correlation, Bioventus Inc Valuation, as well as analyze Bioventus Inc Alpha and Beta and Bioventus Inc Hype Analysis.
  
At this time, it appears that Bioventus Inc'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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Current Return On AssetsN/AFocus
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Change in Return on AssetsN/AFocus
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Cash Flow Return on AssetsN/AFocus
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Current Quality of Earnings (accrual)N/AFocus
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Asset Turnover GrowthN/AFocus
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Current Ratio ChangeN/AFocus
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Long Term Debt Over Assets ChangeN/AFocus
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Change In Outstending SharesN/AFocus
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Change in Gross MarginN/AFocus

Bioventus Inc Piotroski F Score Drivers

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

About Bioventus Inc 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 Bioventus Inc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bioventus Inc Cl's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bioventus Inc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bioventus Inc Cl 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.
Bioventus Inc. a medical device company, focuses on developing and commercializing clinical treatments that engage and enhance the bodys natural healing process in the United States and internationally. The company was founded in 2011 and is headquartered in Durham, North Carolina. Bioventus Inc operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 1150 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Bioventus Inc without increasing your portfolio risk or giving up the 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 Bioventus Inc

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 Bioventus Inc 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 Bioventus Inc will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bioventus Inc

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The ability to find closely correlated positions to Bioventus Inc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bioventus Inc 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 Bioventus Inc - 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 Bioventus Inc Cl to buy it.
The correlation of Bioventus Inc is a statistical measure of how it moves in relation to other equities. 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 Bioventus Inc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bioventus Inc 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 Bioventus Inc 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.
Pair CorrelationCorrelation Matching
Continue to Bioventus Inc Altman Z Score, Bioventus Inc Correlation, Bioventus Inc Valuation, as well as analyze Bioventus Inc Alpha and Beta and Bioventus Inc Hype Analysis. You can also try Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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Is Bioventus Inc'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 Bioventus Inc. If investors know Bioventus 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 Bioventus Inc 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 Bioventus Inc is measured differently than its book value, which is the value of Bioventus that is recorded on the company's balance sheet. Investors also form their own opinion of Bioventus Inc's value that differs from its market value or its book value, called intrinsic value, which is Bioventus Inc'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 Bioventus Inc's market value can be influenced by many factors that don't directly affect Bioventus Inc'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 Bioventus Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Bioventus Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bioventus Inc'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.