| UBCB Etf | | | USD 19.04 0.00 0.00% |
This module uses fundamental data of Ultra Blue to approximate its Piotroski F score. Ultra Blue F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Ultra Blue Capital. 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 Ultra Blue financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as
signals in main economic indicators.
At this time, it appears that Ultra Blue'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..
0.0
Piotroski F Score - Inapplicable
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | |
| Change In Outstending Shares | |
Ultra Blue Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Ultra Blue is to make sure Ultra is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Ultra Blue'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 Ultra Blue's financial numbers are properly reported.
About Ultra Blue 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 Ultra Blue Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ultra Blue Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ultra Blue using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Ultra Blue Capital 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.
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 Ultra Blue 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, Ultra Blue's short interest history, or implied volatility extrapolated from Ultra Blue options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ultra Blue Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ultra Blue's
financial statements, including income statements, balance sheets, and cash flow statements, to assess its
financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ultra Blue Capital Etf.
Outlined below are crucial reports that will aid in making a well-informed decision on Ultra Blue Capital Etf: Check out
World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as
signals in main economic indicators.
Note that the Ultra Blue Capital information on this page should be used as a complementary analysis to other Ultra Blue'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 the
Bonds Directory module to find actively traded corporate debentures issued by US companies.
The market value of Ultra Blue Capital is measured differently than its book value, which is the value of Ultra that is recorded on the company's balance sheet. Investors also form their own opinion of Ultra Blue's value that differs from its market value or its book value, called intrinsic value, which is Ultra Blue'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 Ultra Blue's market value can be influenced by many factors that don't directly affect Ultra Blue'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 Ultra Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultra Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultra Blue'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.