AKA Brands Piotroski F Score

AKA
 Stock
  

USD 2.19  0.02  0.91%   

This module uses fundamental data of AKA Brands to approximate its Piotroski F score. AKA Brands F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of AKA Brands Holding. 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 AKA Brands financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please continue to AKA Brands Altman Z Score, AKA Brands Correlation, AKA Brands Valuation, as well as analyze AKA Brands Alpha and Beta and AKA Brands Hype Analysis.
  
AKA Brands Total Debt is projected to increase significantly based on the last few years of reporting. The past year's Total Debt was at 135.87 Million. The current year Debt Non Current is expected to grow to about 134.4 M, whereas Debt Current is forecasted to decline to about 9.7 M.
At this time, it appears that AKA Brands' Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
1
Current Return On AssetsNegativeFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthDecreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

AKA Brands Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to AKA Brands is to make sure AKA Brands is not a subject of accounting manipulations and runs a healthy internal audit department. So, if AKA Brands' 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 AKA Brands' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares92.5 M93.2 M
Slightly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted92.5 M93.2 M
Slightly Down
Increasing
Slightly volatile
Net Cash Flow from Operations21.5 M24 M
Moderately Down
Increasing
Slightly volatile
Total Assets559.5 M687.8 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities255.5 M236.8 M
Significantly Up
Increasing
Slightly volatile
Current Assets151.1 M184.3 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities89.3 M108 M
Significantly Down
Increasing
Slightly volatile
Total Debt146.6 M135.9 M
Significantly Up
Increasing
Slightly volatile
Return on Average Assets(0.0144)(0.014)
Fairly Down
Decreasing
Slightly volatile
Gross Margin0.610.547
Moderately Up
Increasing
Slightly volatile
Asset Turnover1.221.282
Notably Down
Decreasing
Slightly volatile

AKA Brands Holding F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between AKA Brands' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards AKA Brands in a much-optimized way.

About AKA Brands 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.

Weighted Average Shares

92.5 Million

AKA Brands Weighted Average Shares is projected to increase significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 93.23 Million

About AKA Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AKA Brands Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AKA Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AKA Brands Holding 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.
Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company was founded in 2018 and is headquartered in San Francisco, California. AKA Brands operates under Internet Retail classification in the United States and is traded on New York Stock Exchange. It employs 1100 people.
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 AKA Brands 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, AKA Brands' short interest history, or implied volatility extrapolated from AKA Brands options trading.

Pair Trading with AKA Brands

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

Moving against AKA Brands

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The ability to find closely correlated positions to AKA Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AKA Brands 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 AKA Brands - 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 AKA Brands Holding to buy it.
The correlation of AKA Brands 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 AKA Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AKA Brands Holding 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 AKA Brands 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 AKA Brands Altman Z Score, AKA Brands Correlation, AKA Brands Valuation, as well as analyze AKA Brands Alpha and Beta and AKA Brands Hype Analysis. Note that the AKA Brands Holding information on this page should be used as a complementary analysis to other AKA Brands' 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Is AKA Brands' 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 AKA Brands. If investors know AKA Brands 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 AKA Brands 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
-0.5
Market Capitalization
328.1 M
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0259
Return On Equity
-0.0325
The market value of AKA Brands Holding is measured differently than its book value, which is the value of AKA Brands that is recorded on the company's balance sheet. Investors also form their own opinion of AKA Brands' value that differs from its market value or its book value, called intrinsic value, which is AKA Brands' 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 AKA Brands' market value can be influenced by many factors that don't directly affect AKA Brands' 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 AKA Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine AKA Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKA Brands' 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.