Emmis Communications Corp Stock Piotroski F Score
EMMSDelisted Stock | USD 3.90 0.00 0.00% |
Emmis |
At this time, it appears that Emmis Communications' Piotroski F Score is Inapplicable. 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..
0.0
Piotroski F Score - Inapplicable
Current Return On Assets | N/A | Focus |
Change in Return on Assets | N/A | Focus |
Cash Flow Return on Assets | N/A | Focus |
Current Quality of Earnings (accrual) | N/A | Focus |
Asset Turnover Growth | N/A | Focus |
Current Ratio Change | N/A | Focus |
Long Term Debt Over Assets Change | N/A | Focus |
Change In Outstending Shares | N/A | Focus |
Change in Gross Margin | N/A | Focus |
Emmis Communications Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Emmis Communications is to make sure Emmis is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Emmis Communications' 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 Emmis Communications' financial numbers are properly reported.
About Emmis Communications 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 Emmis Communications Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Emmis Communications Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Emmis Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Emmis Communications Corp 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.Emmis Corporation, a diversified media company, engages in radio broadcasting activities in the United States. Emmis Corporation was founded in 1980 and is headquartered in Indianapolis, Indiana. EMMIS COMMUNICATIONS operates under Broadcasting classification in the United States and is traded on OTC Exchange. It employs 234 people.
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 Emmis Communications 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, Emmis Communications' short interest history, or implied volatility extrapolated from Emmis Communications options trading.
Pair Trading with Emmis Communications
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 Emmis Communications 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 Emmis Communications will appreciate offsetting losses from the drop in the long position's value.Moving against Emmis Pink Sheet
0.66 | TGNA | Tegna Inc Financial Report 8th of May 2024 | PairCorr |
0.64 | SJ | Scienjoy Holding Corp Report 26th of April 2024 | PairCorr |
0.44 | CMLS | Cumulus Media Class Upward Rally | PairCorr |
0.43 | SSP | E W Scripps Financial Report 3rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Emmis Communications could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Emmis Communications 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 Emmis Communications - 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 Emmis Communications Corp to buy it.
The correlation of Emmis Communications 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 Emmis Communications moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Emmis Communications Corp 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 Emmis Communications 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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Emmis Pink Sheet
If you are still planning to invest in Emmis Communications Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Emmis Communications' history and understand the potential risks before investing.
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