Tax-Managed Piotroski F Score

RTLCX -  USA Fund  

USD 63.86  1.15  1.83%

This module uses fundamental data of Tax-Managed to approximate its Piotroski F score. Tax-Managed F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Tax-Managed US Large. 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 Tax-Managed financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at Tax-Managed Altman Z Score, Tax-Managed Correlation, Portfolio Optimization, as well as analyze Tax-Managed Alpha and Beta and Tax-Managed Hype Analysis.

Tax-Managed Piotroski F Score 

 
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At this time, it appears that Tax-Managed'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..
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Piotroski F Score - Inapplicable
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Current Quality of Earnings (accrual)
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Long Term Debt Over Assets Change
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Change in Gross Margin
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Tax-Managed Piotroski F Score Drivers

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

About Tax-Managed 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 Tax-Managed Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tax-Managed US Large's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tax-Managed using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tax-Managed US Large 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.
The investment seeks to provide long term capital growth on an after-tax basis. Tax-Managed is traded on NASDAQ Exchange in the United States.

Tax-Managed Investors Sentiment

The influence of Tax-Managed'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 Tax-Managed. 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tax-Managed in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tax-Managed's short interest history, or implied volatility extrapolated from Tax-Managed options trading.

Current Sentiment - RTLCX

Tax-Managed US Large Investor Sentiment

Macroaxis portfolio users are evenly split in their perspective on investing in Tax-Managed US Large. What is your outlook on investing in Tax-Managed US Large? Are you bullish or bearish?
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Additionally, take a look at Tax-Managed Altman Z Score, Tax-Managed Correlation, Portfolio Optimization, as well as analyze Tax-Managed Alpha and Beta and Tax-Managed Hype Analysis. Note that the Tax-Managed US Large information on this page should be used as a complementary analysis to other Tax-Managed'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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Please note, there is a significant difference between Tax-Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine Tax-Managed value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tax-Managed'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.