Ebang Piotroski F Score

EBON -  USA Stock  

USD 1.44  0.03  2.04%

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

Ebang Piotroski F Score 

 
Refresh
Ebang International Total Debt is quite stable at the moment as compared to the past year. The company's current value of Total Debt is estimated at 2.72 Million. Debt Current is expected to rise to about 2.6 M this year, although the value of Issuance Repayment of Debt Securities will most likely fall to (22.7 M).
At this time, it appears that Ebang International's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
1
Current Return On Assets
Negative
2
Change in Return on Assets
Decreased
3
Cash Flow Return on Assets
Negative
4
Current Quality of Earnings (accrual)
Improving
5
Asset Turnover Growth
Increase
6
Current Ratio Change
Decrease
7
Long Term Debt Over Assets Change
Higher Leverage
8
Change In Outstending Shares
Decrease
9
Change in Gross Margin
No Change

Ebang International Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Ebang International is to make sure Ebang is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Ebang International'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 Ebang International's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares115.8 M121.9 M
Notably Down
Increasing
Slightly volatile
Weighted Average Shares Diluted115.8 M121.9 M
Notably Down
Increasing
Slightly volatile
Total Assets128.7 M144.2 M
Fairly Down
Decreasing
Slightly volatile
Total Liabilities42.4 M34.4 M
Fairly Up
Decreasing
Slightly volatile
Current Assets67.3 M68.6 M
Fairly Down
Decreasing
Slightly volatile
Current Liabilities39.1 M34.3 M
Fairly Up
Decreasing
Slightly volatile
Total Debt2.7 M2.6 M
Fairly Up
Decreasing
Slightly volatile
Gross Margin(0.16)(0.153)
Sufficiently Down
Decreasing
Slightly volatile
Asset Turnover0.170.168
Fairly Up
Decreasing
Slightly volatile

Ebang International 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 Ebang International's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Ebang International in a much-optimized way.

About Ebang International 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.

Book Value per Share

0.84Share
Ebang International Book Value per Share is quite stable at the moment as compared to the past year. The company's current value of Book Value per Share is estimated at 0.84

About Ebang International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ebang International Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ebang International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ebang International Holdings 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.
Ebang International Holdings Inc., through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines in China, the United States, Hong Kong, and internationally. Ebang International Holdings Inc. was incorporated in 2018 and is headquartered in Hangzhou, China. Ebang International operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 205 people.

Ebang International Investors Sentiment

The influence of Ebang International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Ebang. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Ebang International Implied Volatility

    
  189.62  
Ebang International's implied volatility exposes the market's sentiment of Ebang International Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ebang International's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ebang International stock will not fluctuate a lot when Ebang International's options are near their expiration.
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 Ebang International 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, Ebang International's short interest history, or implied volatility extrapolated from Ebang International options trading.

Current Sentiment - EBON

Ebang International Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Ebang International Holdings. What is your opinion about investing in Ebang International Holdings? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Pair Trading with Ebang International

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 Ebang International 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 Ebang International will appreciate offsetting losses from the drop in the long position's value.

Ebang International Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Ebang International and Applied Optoelect. 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
Run Pair Correlation  
Continue to Ebang International Altman Z Score, Ebang International Correlation, Ebang International Valuation, as well as analyze Ebang International Alpha and Beta and Ebang International Hype Analysis. Note that the Ebang International information on this page should be used as a complementary analysis to other Ebang International'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for Ebang Stock analysis

When running Ebang International price analysis, check to measure Ebang International'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 Ebang International is operating at the current time. Most of Ebang International's value examination focuses on studying past and present price action to predict the probability of Ebang International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ebang International's price. Additionally, you may evaluate how the addition of Ebang International to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Is Ebang International'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 Ebang International. If investors know Ebang 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 Ebang International 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 Ebang International is measured differently than its book value, which is the value of Ebang that is recorded on the company's balance sheet. Investors also form their own opinion of Ebang International's value that differs from its market value or its book value, called intrinsic value, which is Ebang International'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 Ebang International's market value can be influenced by many factors that don't directly affect Ebang International'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 Ebang International's value and its price as these two are different measures arrived at by different means. Investors typically determine Ebang International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ebang International'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.