Betapro Beneish M Score

HZNSF
 Stock
  

USD 8.07  0.00  0.00%   

This module uses fundamental data of Betapro Canadian to approximate the value of its Beneish M Score. Betapro Canadian 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 check Betapro Canadian Performance and Betapro Canadian Technical Analysis analysis.
  
At this time, Betapro Canadian's M Score is inapplicable. The earnings manipulation may begin if Betapro Canadian'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 Betapro Canadian 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 Betapro Canadian'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 - Inapplicable
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

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About Betapro Canadian Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Betapro Canadian Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Betapro Canadian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Betapro Canadian Gold 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.
BetaPro Canadian Gold Miners 2x Daily Bull ETF is an exchange traded fund launched and managed by Horizons ETFs Management Inc. BetaPro Canadian Gold Miners 2x Daily Bull ETF was formed on June 4, 2007 and is domiciled in Canada. Horizons Betrapro is traded on OTC Exchange in the United States.

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

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Betapro Canadian Gold using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Betapro Canadian Performance and Betapro Canadian Technical Analysis analysis. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Please note, there is a significant difference between Betapro Canadian's value and its price as these two are different measures arrived at by different means. Investors typically determine Betapro Canadian value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Betapro Canadian'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.