Alliancebernstein Piotroski F Score

AB
 Stock
  

USD 40.36  0.35  0.87%   

This module uses fundamental data of Alliancebernstein to approximate its Piotroski F score. Alliancebernstein F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Alliancebernstein Holding LP. 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 Alliancebernstein financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please continue to Alliancebernstein Altman Z Score, Alliancebernstein Correlation, Alliancebernstein Valuation, as well as analyze Alliancebernstein Alpha and Beta and Alliancebernstein Hype Analysis.
  
At this time, it appears that Alliancebernstein's Piotroski F Score is Unavailable. 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 - Unavailable
1
Current Return On AssetsN/AFocus
2
Change in Return on AssetsN/AFocus
3
Cash Flow Return on AssetsN/AFocus
4
Current Quality of Earnings (accrual)N/AFocus
5
Asset Turnover GrowthN/AFocus
6
Current Ratio ChangeN/AFocus
7
Long Term Debt Over Assets ChangeN/AFocus
8
Change In Outstending SharesN/AFocus
9
Change in Gross MarginN/AFocus

Alliancebernstein Piotroski F Score Drivers

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

About Alliancebernstein 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 Alliancebernstein Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Alliancebernstein Holding LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alliancebernstein using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alliancebernstein Holding LP 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.
AllianceBernstein Holding L.P. is publicly owned investment manager. AllianceBernstein Holding L.P. was founded in 1987 and is based in New York, New York. Alliancebernstein operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 4118 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alliancebernstein 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.

Did you try this?

Run Analyst Recommendations Now

   

Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
All  Next Launch Module

Pair Trading with Alliancebernstein

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 Alliancebernstein 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 Alliancebernstein will appreciate offsetting losses from the drop in the long position's value.

Moving together with Alliancebernstein

+0.68BLKBlackrock Fiscal Year End 13th of January 2023 PairCorr

Moving against Alliancebernstein

-0.73AZPNAspen Technology Downward RallyPairCorr
The ability to find closely correlated positions to Alliancebernstein could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alliancebernstein 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 Alliancebernstein - 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 Alliancebernstein Holding LP to buy it.
The correlation of Alliancebernstein 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 Alliancebernstein moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alliancebernstein 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 Alliancebernstein 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
Please continue to Alliancebernstein Altman Z Score, Alliancebernstein Correlation, Alliancebernstein Valuation, as well as analyze Alliancebernstein Alpha and Beta and Alliancebernstein Hype Analysis. Note that the Alliancebernstein information on this page should be used as a complementary analysis to other Alliancebernstein'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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Alliancebernstein Stock analysis

When running Alliancebernstein price analysis, check to measure Alliancebernstein'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 Alliancebernstein is operating at the current time. Most of Alliancebernstein's value examination focuses on studying past and present price action to predict the probability of Alliancebernstein's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alliancebernstein's price. Additionally, you may evaluate how the addition of Alliancebernstein to your portfolios can decrease your overall portfolio volatility.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Is Alliancebernstein's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alliancebernstein. If investors know Alliancebernstein will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alliancebernstein listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.37) 
Market Capitalization
4.1 B
Quarterly Revenue Growth YOY
(0.33) 
Return On Assets
0.13
Return On Equity
0.22
The market value of Alliancebernstein is measured differently than its book value, which is the value of Alliancebernstein that is recorded on the company's balance sheet. Investors also form their own opinion of Alliancebernstein's value that differs from its market value or its book value, called intrinsic value, which is Alliancebernstein'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 Alliancebernstein's market value can be influenced by many factors that don't directly affect Alliancebernstein'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 Alliancebernstein's value and its price as these two are different measures arrived at by different means. Investors typically determine Alliancebernstein value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alliancebernstein'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.