AVIS BUDGET Beneish M Score

CUCA
 Stock
  

EUR 178.90  4.90  2.67%   

This module uses fundamental data of AVIS BUDGET to approximate the value of its Beneish M Score. AVIS BUDGET 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 AVIS BUDGET Piotroski F Score and AVIS BUDGET Altman Z Score analysis.
  
At this time, AVIS BUDGET's M Score is inapplicable. The earnings manipulation may begin if AVIS BUDGET'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 AVIS BUDGET 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 AVIS BUDGET'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 AVIS BUDGET Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AVIS BUDGET GROUP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AVIS BUDGET using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AVIS BUDGET GROUP 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.
AVIS BUDGET is entity of Germany. It is traded as Stock on MU exchange.

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Our tools can tell you how much better you can do entering a position in AVIS BUDGET without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with AVIS BUDGET

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 AVIS BUDGET 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 AVIS BUDGET will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to AVIS BUDGET could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AVIS BUDGET 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 AVIS BUDGET - 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 AVIS BUDGET GROUP to buy it.
The correlation of AVIS BUDGET 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 AVIS BUDGET moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AVIS BUDGET GROUP 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 AVIS BUDGET 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 AVIS BUDGET Piotroski F Score and AVIS BUDGET Altman Z Score analysis. You can also try Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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When running AVIS BUDGET GROUP price analysis, check to measure AVIS BUDGET'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 AVIS BUDGET is operating at the current time. Most of AVIS BUDGET's value examination focuses on studying past and present price action to predict the probability of AVIS BUDGET's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AVIS BUDGET's price. Additionally, you may evaluate how the addition of AVIS BUDGET to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between AVIS BUDGET's value and its price as these two are different measures arrived at by different means. Investors typically determine AVIS BUDGET value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AVIS BUDGET'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.