Atac Credit Beneish M Score

JOJO -  USA Etf  

USD 19.81  0.17  0.87%

This module uses fundamental data of Atac Credit to approximate the value of its Beneish M Score. Atac Credit 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 Atac Credit Performance and Atac Credit Technical Analysis analysis.

Atac Credit Beneish M Score 

 
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At this time, Atac Credit's M Score is inapplicable. The earnings manipulation may begin if Atac Credit'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 Atac Credit 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 Atac Credit'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 - Inapplicable
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 Atac Credit 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 Atac Credit Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Atac Credit Rotation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atac Credit using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atac Credit Rotation based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.

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Our tools can tell you how much better you can do entering a position in Atac Credit without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please see Atac Credit Performance and Atac Credit Technical Analysis analysis. Note that the Atac Credit Rotation information on this page should be used as a complementary analysis to other Atac Credit'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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