BAD ETF Beneish M Score

BAD
 Etf
  

USD 13.72  0.14  1.03%   

This module uses fundamental data of BAD ETF to approximate the value of its Beneish M Score. BAD ETF M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Continue to BAD ETF Piotroski F Score and BAD ETF Altman Z Score analysis.
  
At this time, BAD ETF's M Score is inapplicable. The earnings manipulation may begin if BAD ETF's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by BAD ETF executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of BAD ETF's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of ReceivablesN/AFocus
Asset QualityN/AFocus
Expense CoverageN/AFocus
Gross Margin StrengsN/AFocus
Accruals FactorN/AFocus
Depreciation ResistanceN/AFocus
Net Sales GrowthN/AFocus
Financial Leverage ConditionN/AFocus

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About BAD ETF Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BAD ETF's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BAD ETF using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BAD 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 fund uses a passive management approach to seek to track the performance, before fees and expenses, of the index. Listed Funds is traded on NYSEARCA Exchange in the United States.
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 BAD ETF 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, BAD ETF's short interest history, or implied volatility extrapolated from BAD ETF options trading.

Pair Trading with BAD ETF

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BAD ETF position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BAD ETF will appreciate offsetting losses from the drop in the long position's value.

Moving together with BAD ETF

+0.84PGProcter Gamble TrendingPairCorr
+0.85MCDMcDonalds TrendingPairCorr
The ability to find closely correlated positions to BAD ETF could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BAD ETF when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BAD ETF - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BAD ETF to buy it.
The correlation of BAD ETF is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BAD ETF moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BAD ETF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BAD ETF can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to BAD ETF Piotroski F Score and BAD ETF Altman Z Score analysis. Note that the BAD ETF information on this page should be used as a complementary analysis to other BAD ETF'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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The market value of BAD ETF is measured differently than its book value, which is the value of BAD ETF that is recorded on the company's balance sheet. Investors also form their own opinion of BAD ETF's value that differs from its market value or its book value, called intrinsic value, which is BAD ETF'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 BAD ETF's market value can be influenced by many factors that don't directly affect BAD ETF'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 BAD ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine BAD ETF value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BAD ETF'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.