Oceanagold Piotroski F Score

OCANF
 Stock
  

USD 1.73  0.03  1.76%   

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

Oceanagold Corp Piotroski F Score Drivers

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

About Oceanagold Corp 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 Oceanagold Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Oceanagold Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oceanagold Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oceanagold 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.
OceanaGold Corporation, a gold producer, engages in the exploration, development, and operation of mineral properties. OceanaGold Corporation was founded in 2003 and is based in South Brisbane, Australia. Oceanagold Corp operates under Gold classification in the United States and is traded on OTC Exchange.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Oceanagold Corp 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.

Did you try this?

Run Instant Ratings Now

   

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
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Oceanagold Corp 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.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Oceanagold Corp Altman Z Score, Oceanagold Corp Correlation, Oceanagold Corp Valuation, as well as analyze Oceanagold Corp Alpha and Beta and Oceanagold Corp Hype Analysis. Note that the Oceanagold Corp information on this page should be used as a complementary analysis to other Oceanagold Corp'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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

Complementary Tools for Oceanagold OTC Stock analysis

When running Oceanagold Corp price analysis, check to measure Oceanagold Corp'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 Oceanagold Corp is operating at the current time. Most of Oceanagold Corp's value examination focuses on studying past and present price action to predict the probability of Oceanagold Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oceanagold Corp's price. Additionally, you may evaluate how the addition of Oceanagold Corp to your portfolios can decrease your overall portfolio volatility.
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Is Oceanagold Corp'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 Oceanagold Corp. If investors know Oceanagold 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 Oceanagold Corp 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
-0.31
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.26
Return On Assets
0.0119
Return On Equity
0.0289
The market value of Oceanagold Corp is measured differently than its book value, which is the value of Oceanagold that is recorded on the company's balance sheet. Investors also form their own opinion of Oceanagold Corp's value that differs from its market value or its book value, called intrinsic value, which is Oceanagold Corp'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 Oceanagold Corp's market value can be influenced by many factors that don't directly affect Oceanagold Corp'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 Oceanagold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Oceanagold Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oceanagold Corp'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.