| ILLLX Fund | | | USD 16.08 0.28 1.71% |
This module uses fundamental data of Transamerica Capital to approximate its Piotroski F score. Transamerica Capital F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Transamerica Capital Growth. 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 Transamerica Capital financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Transamerica Capital Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
At this time, it appears that Transamerica Capital'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
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | |
| Change In Outstending Shares | |
Transamerica Capital Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Transamerica Capital is to make sure Transamerica is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Transamerica Capital'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 Transamerica Capital's financial numbers are properly reported.
About Transamerica Capital 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 Transamerica Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Transamerica Capital Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Transamerica Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Transamerica Capital Growth 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Transamerica Capital Growth. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
You can also try the
Bonds Directory module to find actively traded corporate debentures issued by US companies.
Please note, there is a significant difference between Transamerica Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transamerica Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transamerica Capital'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.