Ultrashort Piotroski F Score

SDS -  USA Etf  

USD 7.91  0.01  0.13%

This module uses fundamental data of Ultrashort SP500 to approximate its Piotroski F score. Ultrashort SP500 F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Ultrashort SP500 ETF. 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 Ultrashort SP500 financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at Ultrashort SP500 Altman Z Score, Ultrashort SP500 Correlation, Portfolio Optimization, as well as analyze Ultrashort SP500 Alpha and Beta and Ultrashort SP500 Hype Analysis.

Ultrashort Piotroski F Score 

 
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At this time, it appears that Ultrashort SP500'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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Asset Turnover Growth
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Long Term Debt Over Assets Change
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Change In Outstending Shares
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Change in Gross Margin
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Ultrashort SP500 Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Ultrashort SP500 is to make sure Ultrashort is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Ultrashort SP500'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 Ultrashort SP500's financial numbers are properly reported.

About Ultrashort SP500 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 Ultrashort SP500 Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ultrashort SP500 ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultrashort SP500 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ultrashort SP500 ETF 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.
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse of the daily performance of the SP 500 Index. Ultrashort SP500 is traded on NYSEArca Exchange in the United States.

Ultrashort SP500 Investors Sentiment

The influence of Ultrashort SP500'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 Ultrashort. 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 - SDS

Ultrashort SP500 ETF Investor Sentiment

Greater number of Macroaxis users are at this time bullish on Ultrashort SP500 ETF. What is your outlook on investing in Ultrashort SP500 ETF? Are you bullish or bearish?
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98% Bullish
2% Bearish
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Additionally, take a look at Ultrashort SP500 Altman Z Score, Ultrashort SP500 Correlation, Portfolio Optimization, as well as analyze Ultrashort SP500 Alpha and Beta and Ultrashort SP500 Hype Analysis. Note that the Ultrashort SP500 ETF information on this page should be used as a complementary analysis to other Ultrashort SP500'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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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When running Ultrashort SP500 ETF price analysis, check to measure Ultrashort SP500'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 Ultrashort SP500 is operating at the current time. Most of Ultrashort SP500's value examination focuses on studying past and present price action to predict the probability of Ultrashort SP500's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ultrashort SP500's price. Additionally, you may evaluate how the addition of Ultrashort SP500 to your portfolios can decrease your overall portfolio volatility.
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The market value of Ultrashort SP500 ETF is measured differently than its book value, which is the value of Ultrashort that is recorded on the company's balance sheet. Investors also form their own opinion of Ultrashort SP500's value that differs from its market value or its book value, called intrinsic value, which is Ultrashort SP500'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 Ultrashort SP500's market value can be influenced by many factors that don't directly affect Ultrashort SP500 ETF 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 Ultrashort SP500's value and its price as these two are different measures arrived at by different means. Investors typically determine Ultrashort SP500 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultrashort SP500'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.