Amerisourcebergen Beneish M Score

ABC
 Stock
  

USD 137.20  2.81  2.01%   

This module uses fundamental data of Amerisourcebergen to approximate the value of its Beneish M Score. Amerisourcebergen 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. Please continue to Amerisourcebergen Piotroski F Score and Amerisourcebergen Altman Z Score analysis.
  
At this time, Amerisourcebergen's M Score is unavailable. The earnings manipulation may begin if Amerisourcebergen'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 Amerisourcebergen 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 Amerisourcebergen'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 - Unavailable
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

Did you try this?

Run Performance Analysis Now

   

Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
All  Next Launch Module

About Amerisourcebergen Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Amerisourcebergen Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amerisourcebergen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amerisourcebergen Corp 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.
AmerisourceBergen Corporation sources and distributes pharmaceutical products in the United States and internationally. AmerisourceBergen Corporation was incorporated in 2001 and is headquartered in Conshohocken, Pennsylvania. Amerisourcebergen operates under Medical Distribution classification in the United States and is traded on New York Stock Exchange. It employs 38000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Amerisourcebergen 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 Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

Pair Trading with Amerisourcebergen

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

Moving together with Amerisourcebergen

+0.67DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr
The ability to find closely correlated positions to Amerisourcebergen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amerisourcebergen 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 Amerisourcebergen - 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 Amerisourcebergen Corp to buy it.
The correlation of Amerisourcebergen 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 Amerisourcebergen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amerisourcebergen Corp 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 Amerisourcebergen 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 Amerisourcebergen Piotroski F Score and Amerisourcebergen Altman Z Score analysis. Note that the Amerisourcebergen Corp information on this page should be used as a complementary analysis to other Amerisourcebergen'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Amerisourcebergen Stock analysis

When running Amerisourcebergen Corp price analysis, check to measure Amerisourcebergen'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 Amerisourcebergen is operating at the current time. Most of Amerisourcebergen's value examination focuses on studying past and present price action to predict the probability of Amerisourcebergen's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Amerisourcebergen's price. Additionally, you may evaluate how the addition of Amerisourcebergen to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Is Amerisourcebergen'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 Amerisourcebergen. If investors know Amerisourcebergen 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 Amerisourcebergen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Amerisourcebergen Corp is measured differently than its book value, which is the value of Amerisourcebergen that is recorded on the company's balance sheet. Investors also form their own opinion of Amerisourcebergen's value that differs from its market value or its book value, called intrinsic value, which is Amerisourcebergen'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 Amerisourcebergen's market value can be influenced by many factors that don't directly affect Amerisourcebergen'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 Amerisourcebergen's value and its price as these two are different measures arrived at by different means. Investors typically determine Amerisourcebergen value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amerisourcebergen'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.