Oppenheimer Piotroski F Score

OMFL
 Etf
  

USD 39.58  0.01  0.0253%   

This module uses fundamental data of Oppenheimer Russell to approximate its Piotroski F score. Oppenheimer Russell F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Oppenheimer Russell 1000. 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 Oppenheimer Russell financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check Oppenheimer Russell Altman Z Score, Oppenheimer Russell Correlation, Portfolio Optimization, as well as analyze Oppenheimer Russell Alpha and Beta and Oppenheimer Russell Hype Analysis.
  
At this time, it appears that Oppenheimer Russell's 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
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

Oppenheimer Russell Piotroski F Score Drivers

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

About Oppenheimer Russell 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 Oppenheimer Russell Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Oppenheimer Russell 1000's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oppenheimer Russell using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oppenheimer Russell 1000 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 fund generally will invest at least 80 percent of its total assets in the securities that comprise the underlying index. Oppenheimer Russell is traded on NYSEArca Exchange in the United States.
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 Oppenheimer Russell 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, Oppenheimer Russell's short interest history, or implied volatility extrapolated from Oppenheimer Russell options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Oppenheimer Russell 1000 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 Oppenheimer Russell Altman Z Score, Oppenheimer Russell Correlation, Portfolio Optimization, as well as analyze Oppenheimer Russell Alpha and Beta and Oppenheimer Russell Hype Analysis. Note that the Oppenheimer Russell 1000 information on this page should be used as a complementary analysis to other Oppenheimer Russell'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Oppenheimer Russell 1000 price analysis, check to measure Oppenheimer Russell'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 Oppenheimer Russell is operating at the current time. Most of Oppenheimer Russell's value examination focuses on studying past and present price action to predict the probability of Oppenheimer Russell's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Oppenheimer Russell's price. Additionally, you may evaluate how the addition of Oppenheimer Russell to your portfolios can decrease your overall portfolio volatility.
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The market value of Oppenheimer Russell 1000 is measured differently than its book value, which is the value of Oppenheimer that is recorded on the company's balance sheet. Investors also form their own opinion of Oppenheimer Russell's value that differs from its market value or its book value, called intrinsic value, which is Oppenheimer Russell'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 Oppenheimer Russell's market value can be influenced by many factors that don't directly affect Oppenheimer Russell'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 Oppenheimer Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine Oppenheimer Russell value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oppenheimer Russell'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.