Iluka Resources Limited Stock Piotroski F Score

ILKAF Stock  USD 4.47  0.16  3.71%   
This module uses fundamental data of Iluka Resources to approximate its Piotroski F score. Iluka Resources F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Iluka Resources Limited. 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 Iluka Resources financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Iluka Resources Altman Z Score, Iluka Resources Correlation, Iluka Resources Valuation, as well as analyze Iluka Resources Alpha and Beta and Iluka Resources Hype Analysis.
  
At this time, it appears that Iluka Resources' 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..
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Piotroski F Score - Inapplicable
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Iluka Resources Piotroski F Score Drivers

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

About Iluka Resources 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 Iluka Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Iluka Resources Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Iluka Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Iluka Resources Limited 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.
Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands. Iluka Resources Limited was incorporated in 1954 and is headquartered in Perth, Australia. Iluka Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 3252 people.

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Check out Iluka Resources Altman Z Score, Iluka Resources Correlation, Iluka Resources Valuation, as well as analyze Iluka Resources Alpha and Beta and Iluka Resources Hype Analysis.
Note that the Iluka Resources information on this page should be used as a complementary analysis to other Iluka Resources' 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Iluka Resources' price analysis, check to measure Iluka Resources' 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 Iluka Resources is operating at the current time. Most of Iluka Resources' value examination focuses on studying past and present price action to predict the probability of Iluka Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Iluka Resources' price. Additionally, you may evaluate how the addition of Iluka Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Iluka Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Iluka Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Iluka Resources' 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.