Blackberry Piotroski F Score

BB
 Stock
  

USD 4.70  0.10  2.08%   

This module uses fundamental data of Blackberry to approximate its Piotroski F score. Blackberry F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Blackberry. 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 Blackberry financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Blackberry Altman Z Score, Blackberry Correlation, Blackberry Valuation, as well as analyze Blackberry Alpha and Beta and Blackberry Hype Analysis.
  
At this time, it appears that Blackberry'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

Blackberry Piotroski F Score Drivers

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

About Blackberry 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 Blackberry Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Blackberry's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackberry using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackberry 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.
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. BlackBerry Limited was incorporated in 1984 and is headquartered in Waterloo, Canada. Blackberry is traded on New York Stock Exchange in the United States.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Blackberry 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 Volatility Analysis Now

   

Volatility Analysis

Get historical volatility and risk analysis based on latest market data
All  Next Launch Module

Pair Trading with Blackberry

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

Moving together with Blackberry

+0.88ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
+0.87SNPSSynopsys Fiscal Year End 7th of December 2022 PairCorr
+0.78JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Blackberry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Blackberry 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 Blackberry - 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 Blackberry to buy it.
The correlation of Blackberry 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 Blackberry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackberry 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 Blackberry 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 Blackberry Altman Z Score, Blackberry Correlation, Blackberry Valuation, as well as analyze Blackberry Alpha and Beta and Blackberry Hype Analysis. Note that the Blackberry information on this page should be used as a complementary analysis to other Blackberry'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Blackberry Stock analysis

When running Blackberry price analysis, check to measure Blackberry'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 Blackberry is operating at the current time. Most of Blackberry's value examination focuses on studying past and present price action to predict the probability of Blackberry's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackberry's price. Additionally, you may evaluate how the addition of Blackberry to your portfolios can decrease your overall portfolio volatility.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Is Blackberry'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 Blackberry. If investors know Blackberry 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 Blackberry 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 Blackberry is measured differently than its book value, which is the value of Blackberry that is recorded on the company's balance sheet. Investors also form their own opinion of Blackberry's value that differs from its market value or its book value, called intrinsic value, which is Blackberry'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 Blackberry's market value can be influenced by many factors that don't directly affect Blackberry'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 Blackberry's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackberry value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackberry'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.