Joey New Beneish M Score

JOEY -  USA Stock  

USD 0.0002  0.0018  90.00%

This module uses fundamental data of Joey New to approximate the value of its Beneish M Score. Joey New M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Please see Joey New Piotroski F Score and Joey New Altman Z Score analysis.

Joey New Beneish M Score 

 
Refresh
At this time, Joey New's M Score is unavailable. The earnings manipulation may begin if Joey New's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Joey New executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Joey New's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Unavailable
Elasticity of Receivables
N/A
Asset Quality
N/A
Expense Coverage
N/A
Gross Margin Strengs
N/A
Accruals Factor
N/A
Depreciation Resistance
N/A
Net Sales Growth
N/A
Financial Leverage Condition
N/A

About Joey New Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

About Joey New Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Joey New York's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Joey New using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Joey New York 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.
Joey New York, Inc., through its subsidiary, RAR Beauty, LLC, manufactures and markets natural skin care and beauty products in the United States and Internationally. The company was founded in 1993 and is headquartered in Sunny Isles Beach, Florida. Joey New operates under Household Personal Products classification in the United States and is traded on OTC Exchange. It employs 3 people.

Joey New Investors Sentiment

The influence of Joey New's 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 Joey New. 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 - JOEY

Joey New York Investor Sentiment

Macroaxis portfolio users are indifferent in their judgment towards investing in Joey New York. What is your judgment towards investing in Joey New York? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
Skip

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Joey New York using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Joey New Piotroski F Score and Joey New Altman Z Score analysis. Note that the Joey New York information on this page should be used as a complementary analysis to other Joey New'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 Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Joey New OTC Stock analysis

When running Joey New York price analysis, check to measure Joey New's 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 Joey New is operating at the current time. Most of Joey New's value examination focuses on studying past and present price action to predict the probability of Joey New's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Joey New's price. Additionally, you may evaluate how the addition of Joey New to your portfolios can decrease your overall portfolio volatility.
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
The market value of Joey New York is measured differently than its book value, which is the value of Joey New that is recorded on the company's balance sheet. Investors also form their own opinion of Joey New's value that differs from its market value or its book value, called intrinsic value, which is Joey New's 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 Joey New's market value can be influenced by many factors that don't directly affect Joey New York 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 Joey New's value and its price as these two are different measures arrived at by different means. Investors typically determine Joey New value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joey New'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.