Discipline Fund Etf Beneish M Score

DSCF Etf  USD 22.00  0.08  0.36%   
This module uses fundamental data of Discipline Fund to approximate the value of its Beneish M Score. Discipline Fund M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Discipline Fund Piotroski F Score and Discipline Fund Altman Z Score analysis.
  
At this time, Discipline Fund's M Score is inapplicable. The earnings manipulation may begin if Discipline Fund's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Discipline Fund executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Discipline Fund's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

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Expense Coverage

N/A

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Gross Margin Strengs

N/A

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Accruals Factor

N/A

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Depreciation Resistance

N/A

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Net Sales Growth

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Financial Leverage Condition

N/A

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Piotroski F Score

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About Discipline Fund Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Discipline Fund ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Discipline Fund using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Discipline Fund ETF based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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 Discipline Fund

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 Discipline Fund 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 Discipline Fund will appreciate offsetting losses from the drop in the long position's value.

Moving together with Discipline Etf

  0.93AOM iShares Core ModeratePairCorr
  0.93HNDL Strategy Shares NasdaqPairCorr
  0.86RPAR RPAR Risk ParityPairCorr
  0.96AOK iShares Core ConservativePairCorr
  0.77RPHS Regents Park HedgedPairCorr
The ability to find closely correlated positions to Discipline Fund could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Discipline Fund 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 Discipline Fund - 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 Discipline Fund ETF to buy it.
The correlation of Discipline Fund 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 Discipline Fund moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Discipline Fund ETF 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 Discipline Fund 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
When determining whether Discipline Fund ETF is a strong investment it is important to analyze Discipline Fund's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Discipline Fund's future performance. For an informed investment choice regarding Discipline Etf, refer to the following important reports:
Check out Discipline Fund Piotroski F Score and Discipline Fund Altman Z Score analysis.
Note that the Discipline Fund ETF information on this page should be used as a complementary analysis to other Discipline Fund'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of Discipline Fund ETF is measured differently than its book value, which is the value of Discipline that is recorded on the company's balance sheet. Investors also form their own opinion of Discipline Fund's value that differs from its market value or its book value, called intrinsic value, which is Discipline Fund'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 Discipline Fund's market value can be influenced by many factors that don't directly affect Discipline Fund'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 Discipline Fund's value and its price as these two are different measures arrived at by different means. Investors typically determine if Discipline Fund is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Discipline Fund'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.