Dingdong Adr Stock Piotroski F Score
| DDL Stock | USD 1.08 0.05 4.42% |
Dingdong | Piotroski F Score |
At this time, it appears that Dingdong ADR's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
| Current Return On Assets | Negative |
| Change in Return on Assets | Decreased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Decrease |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | N/A |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Dingdong ADR Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Dingdong ADR is to make sure Dingdong is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Dingdong ADR'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 Dingdong ADR's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.77 | 2.32 |
|
| |||||
| Gross Profit Margin | 0.18 | 0.28 |
|
| |||||
| Net Debt | 2.8 B | 4.3 B |
|
| |||||
| Total Current Liabilities | 6.2 B | 9.4 B |
|
| |||||
| Non Current Liabilities Total | 945.2 M | 866 M |
|
| |||||
| Total Assets | 7.1 B | 10.8 B |
|
| |||||
| Total Current Assets | 5.1 B | 8.6 B |
|
|
Dingdong ADR 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 Dingdong ADR's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Dingdong ADR in a much-optimized way.
Click cells to compare fundamentals
About Dingdong ADR 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.Common Stock Shares Outstanding |
|
About Dingdong ADR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dingdong ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dingdong ADR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dingdong ADR 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.
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 Dingdong ADR 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, Dingdong ADR's short interest history, or implied volatility extrapolated from Dingdong ADR options trading.
Pair Trading with Dingdong ADR
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 Dingdong ADR 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 Dingdong ADR will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Dingdong ADR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dingdong ADR 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 Dingdong ADR - 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 Dingdong ADR to buy it.
The correlation of Dingdong ADR 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 Dingdong ADR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dingdong ADR 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 Dingdong ADR 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 Dingdong ADR Altman Z Score, Dingdong ADR Correlation, Dingdong ADR Valuation, as well as analyze Dingdong ADR Alpha and Beta and Dingdong ADR Hype Analysis. For more information on how to buy Dingdong Stock please use our How to buy in Dingdong Stock guide.Note that the Dingdong ADR information on this page should be used as a complementary analysis to other Dingdong ADR'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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Dingdong Stock analysis
When running Dingdong ADR's price analysis, check to measure Dingdong ADR'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 Dingdong ADR is operating at the current time. Most of Dingdong ADR's value examination focuses on studying past and present price action to predict the probability of Dingdong ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dingdong ADR's price. Additionally, you may evaluate how the addition of Dingdong ADR to your portfolios can decrease your overall portfolio volatility.
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Dingdong ADR'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 Dingdong ADR. If investors know Dingdong 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 Dingdong ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.25) | Revenue Per Share 97.85 | Quarterly Revenue Growth (0.20) | Return On Assets (0.0001) | Return On Equity (0.09) |
The market value of Dingdong ADR is measured differently than its book value, which is the value of Dingdong that is recorded on the company's balance sheet. Investors also form their own opinion of Dingdong ADR's value that differs from its market value or its book value, called intrinsic value, which is Dingdong ADR'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 Dingdong ADR's market value can be influenced by many factors that don't directly affect Dingdong ADR'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 Dingdong ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dingdong ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dingdong ADR'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.