HIGHLAND Piotroski F Score

HHCAX Fund  USD 14.30  0.01  0.07%   
This module uses fundamental data of HIGHLAND LONGSHORT to approximate its Piotroski F score. HIGHLAND LONGSHORT F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of HIGHLAND LONGSHORT HEALTHCARE. 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 HIGHLAND LONGSHORT financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check HIGHLAND LONGSHORT Altman Z Score, HIGHLAND LONGSHORT Correlation, Portfolio Optimization, as well as analyze HIGHLAND LONGSHORT Alpha and Beta and HIGHLAND LONGSHORT Hype Analysis.
  
At this time, it appears that HIGHLAND LONGSHORT's 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
1
Current Return On AssetsN/AFocus
2
Change in Return on AssetsN/AFocus
3
Cash Flow Return on AssetsN/AFocus
4
Current Quality of Earnings (accrual)N/AFocus
5
Asset Turnover GrowthN/AFocus
6
Current Ratio ChangeN/AFocus
7
Long Term Debt Over Assets ChangeN/AFocus
8
Change In Outstending SharesN/AFocus
9
Change in Gross MarginN/AFocus

HIGHLAND LONGSHORT Piotroski F Score Drivers

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

About HIGHLAND LONGSHORT 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 HIGHLAND LONGSHORT Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze HIGHLAND LONGSHORT HEALTHCARE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HIGHLAND LONGSHORT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HIGHLAND LONGSHORT HEALTHCARE based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
The fund seeks to primarily invest in equity, debt, andor derivative securities of companies that the Adviser expects to benefit from an event catalyst. Highland LongShort is traded on NASDAQ Exchange in the United States.

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Please check HIGHLAND LONGSHORT Altman Z Score, HIGHLAND LONGSHORT Correlation, Portfolio Optimization, as well as analyze HIGHLAND LONGSHORT Alpha and Beta and HIGHLAND LONGSHORT Hype Analysis. Note that the HIGHLAND LONGSHORT information on this page should be used as a complementary analysis to other HIGHLAND LONGSHORT'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Please note, there is a significant difference between HIGHLAND LONGSHORT's value and its price as these two are different measures arrived at by different means. Investors typically determine HIGHLAND LONGSHORT value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIGHLAND LONGSHORT'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.