ERVFF Piotroski F Score

ERVFF -  USA Stock  

USD 0.09  0.0002  0.24%

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

ERVFF Piotroski F Score 

 
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At this time, it appears that Erin Ventures' 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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Erin Ventures Piotroski F Score Drivers

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

About Erin Ventures 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 Erin Ventures Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Erin Ventures's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Erin Ventures using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Erin Ventures 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.
Erin Ventures Inc. engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 1993 and is based in Victoria, Canada. Erin Ventures operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Erin Ventures Investors Sentiment

The influence of Erin Ventures' 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 ERVFF. 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.

Current Sentiment - ERVFF

Erin Ventures Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Erin Ventures. What is your opinion about investing in Erin Ventures? Are you bullish or bearish?
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Pair Trading with Erin Ventures

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 Erin Ventures 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 Erin Ventures will appreciate offsetting losses from the drop in the long position's value.

Erin Ventures Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Erin Ventures and Bhp Billiton. 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
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Continue to Erin Ventures Altman Z Score, Erin Ventures Correlation, Erin Ventures Valuation, as well as analyze Erin Ventures Alpha and Beta and Erin Ventures Hype Analysis. Note that the Erin Ventures information on this page should be used as a complementary analysis to other Erin Ventures' 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Erin Ventures price analysis, check to measure Erin Ventures' 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 Erin Ventures is operating at the current time. Most of Erin Ventures' value examination focuses on studying past and present price action to predict the probability of Erin Ventures' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Erin Ventures' price. Additionally, you may evaluate how the addition of Erin Ventures to your portfolios can decrease your overall portfolio volatility.
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The market value of Erin Ventures is measured differently than its book value, which is the value of ERVFF that is recorded on the company's balance sheet. Investors also form their own opinion of Erin Ventures' value that differs from its market value or its book value, called intrinsic value, which is Erin Ventures' 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 Erin Ventures' market value can be influenced by many factors that don't directly affect Erin Ventures underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Erin Ventures' value and its price as these two are different measures arrived at by different means. Investors typically determine Erin Ventures value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Erin Ventures' 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.