Melkior Piotroski F Score

MKRIF -  USA Stock  

USD 0.25  0.01  4.17%

This module uses fundamental data of Melkior Resources to approximate its Piotroski F score. Melkior Resources F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Melkior Resources IN. 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 Melkior Resources financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see Melkior Resources Altman Z Score, Melkior Resources Correlation, Melkior Resources Valuation, as well as analyze Melkior Resources Alpha and Beta and Melkior Resources Hype Analysis.

Melkior Piotroski F Score 

 
Refresh
At this time, it appears that Melkior Resources' Piotroski F Score is Unavailable. 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 - Unavailable
1
Current Return On Assets
N/A
2
Change in Return on Assets
N/A
3
Cash Flow Return on Assets
N/A
4
Current Quality of Earnings (accrual)
N/A
5
Asset Turnover Growth
N/A
6
Current Ratio Change
N/A
7
Long Term Debt Over Assets Change
N/A
8
Change In Outstending Shares
N/A
9
Change in Gross Margin
N/A

Melkior Resources Piotroski F Score Drivers

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

About Melkior 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 Melkior Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Melkior Resources IN's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melkior Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melkior Resources IN 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.
Melkior Resources Inc., a junior mining exploration company, engages in the acquisition and exploration of mineral properties in Canada. The company was founded in 1986 and is based in Timmins, Canada. Melkior Resources operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Melkior Resources 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.

Did you try this?

Run Competition Analyzer Now

   

Competition Analyzer

Analyze and compare many basic indicators for a group of related or unrelated entities
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Melkior Resources 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
Additionally, see Melkior Resources Altman Z Score, Melkior Resources Correlation, Melkior Resources Valuation, as well as analyze Melkior Resources Alpha and Beta and Melkior Resources Hype Analysis. Note that the Melkior Resources information on this page should be used as a complementary analysis to other Melkior 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Melkior OTC Stock analysis

When running Melkior Resources price analysis, check to measure Melkior 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 Melkior Resources is operating at the current time. Most of Melkior Resources' value examination focuses on studying past and present price action to predict the probability of Melkior Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Melkior Resources' price. Additionally, you may evaluate how the addition of Melkior Resources to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Fund Screener
Find activelly-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Is Melkior Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Melkior Resources. If investors know Melkior will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Melkior Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Melkior Resources is measured differently than its book value, which is the value of Melkior that is recorded on the company's balance sheet. Investors also form their own opinion of Melkior Resources' value that differs from its market value or its book value, called intrinsic value, which is Melkior Resources' 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 Melkior Resources' market value can be influenced by many factors that don't directly affect Melkior Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Melkior Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Melkior Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melkior 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.