MLCX Biofuels Piotroski F Score

FUE
 Etf
  

USD 11.72  0.45  3.99%   

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

MLCX Biofuels Piotroski F Score Drivers

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

About MLCX Biofuels 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 MLCX Biofuels Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MLCX Biofuels Index's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MLCX Biofuels using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MLCX Biofuels Index based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
The index is designed to reflect the performance of a fully collateralized investment in the seven exchange-traded futures contracts on seven physical commodities barley, canola, corn, rapeseed, soybeans, soybean oil and sugar. MLCX Biofuels is traded on NYSEArca Exchange in the United States.

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Our tools can tell you how much better you can do entering a position in MLCX Biofuels without increasing your portfolio risk or giving up 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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Please check MLCX Biofuels Altman Z Score, MLCX Biofuels Correlation, Portfolio Optimization, as well as analyze MLCX Biofuels Alpha and Beta and MLCX Biofuels Hype Analysis. Note that the MLCX Biofuels Index information on this page should be used as a complementary analysis to other MLCX Biofuels' 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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The market value of MLCX Biofuels Index is measured differently than its book value, which is the value of MLCX Biofuels that is recorded on the company's balance sheet. Investors also form their own opinion of MLCX Biofuels' value that differs from its market value or its book value, called intrinsic value, which is MLCX Biofuels' 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 MLCX Biofuels' market value can be influenced by many factors that don't directly affect MLCX Biofuels' 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 MLCX Biofuels' value and its price as these two are different measures arrived at by different means. Investors typically determine MLCX Biofuels value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MLCX Biofuels' 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.