Nyxio Tech Corp Stock Piotroski F Score
| NYXO Stock | USD 0.0001 0.00 0.00% |
Nyxio | Piotroski F Score |
At this time, it appears that Nyxio Tech's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
| Current Return On Assets | Negative |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Negative |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Decrease |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | N/A |
| Change In Outstending Shares | N/A |
| Change in Gross Margin | Increase |
Nyxio Tech Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Nyxio Tech is to make sure Nyxio is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Nyxio Tech'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 Nyxio Tech's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.12 | 0.13 |
|
| |||||
| Total Current Liabilities | 1 M | 2 M |
|
| |||||
| Total Assets | 36.4 K | 38.4 K |
|
| |||||
| Total Current Assets | 23.3 K | 24.6 K |
|
|
Nyxio Tech Corp F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Nyxio Tech's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Nyxio Tech in a much-optimized way.
| 0.35 | -0.82 | -0.84 | 0.63 | 0.6 | -0.69 | ||
| 0.35 | -0.8 | 0.01 | -0.1 | -0.15 | -0.32 | ||
| -0.82 | -0.8 | 0.54 | -0.34 | -0.29 | 0.63 | ||
| -0.84 | 0.01 | 0.54 | -0.55 | -0.54 | 0.49 | ||
| 0.63 | -0.1 | -0.34 | -0.55 | 1.0 | -0.9 | ||
| 0.6 | -0.15 | -0.29 | -0.54 | 1.0 | -0.88 | ||
| -0.69 | -0.32 | 0.63 | 0.49 | -0.9 | -0.88 |
Click cells to compare fundamentals
About Nyxio Tech 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.Book Value Per Share |
|
About Nyxio Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nyxio Tech Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nyxio Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nyxio Tech Corp 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.
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 Nyxio Tech Altman Z Score, Nyxio Tech Correlation, Nyxio Tech Valuation, as well as analyze Nyxio Tech Alpha and Beta and Nyxio Tech Hype Analysis. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Nyxio Stock analysis
When running Nyxio Tech's price analysis, check to measure Nyxio Tech'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 Nyxio Tech is operating at the current time. Most of Nyxio Tech's value examination focuses on studying past and present price action to predict the probability of Nyxio Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nyxio Tech's price. Additionally, you may evaluate how the addition of Nyxio Tech to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Nyxio Tech's 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 Nyxio Tech. If investors know Nyxio 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 Nyxio Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.07) | Revenue Per Share 0.007 | Return On Assets (155.74) |
The market value of Nyxio Tech Corp is measured differently than its book value, which is the value of Nyxio that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxio Tech's value that differs from its market value or its book value, called intrinsic value, which is Nyxio Tech'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 Nyxio Tech's market value can be influenced by many factors that don't directly affect Nyxio Tech's 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 Nyxio Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxio Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxio Tech'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.