Qtec First Beneish M Score

QABA
 Etf
  

USD 50.31  0.26  0.51%   

This module uses fundamental data of Qtec First to approximate the value of its Beneish M Score. Qtec First 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 see Qtec First Piotroski F Score and Qtec First Altman Z Score analysis.
  
Refresh
At this time, Qtec First's M Score is inapplicable. The earnings manipulation may begin if Qtec First'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 Qtec First 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 Qtec First'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

Did you try this?

Run Idea Breakdown Now

   

Idea Breakdown

Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
All  Next Launch Module

About Qtec First Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Qtec First Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qtec First using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qtec First Trust 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 will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Qtec First is traded on NYSEArca 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 Qtec First 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 Positions Ratings Now

   

Positions Ratings

Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Currently Active Assets on Macroaxis

Please see Qtec First Piotroski F Score and Qtec First Altman Z Score analysis. Note that the Qtec First Trust information on this page should be used as a complementary analysis to other Qtec First'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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Qtec First Etf analysis

When running Qtec First Trust price analysis, check to measure Qtec First'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 Qtec First is operating at the current time. Most of Qtec First's value examination focuses on studying past and present price action to predict the probability of Qtec First's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Qtec First's price. Additionally, you may evaluate how the addition of Qtec First to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
The market value of Qtec First Trust is measured differently than its book value, which is the value of Qtec First that is recorded on the company's balance sheet. Investors also form their own opinion of Qtec First's value that differs from its market value or its book value, called intrinsic value, which is Qtec First'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 Qtec First's market value can be influenced by many factors that don't directly affect Qtec First'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 Qtec First's value and its price as these two are different measures arrived at by different means. Investors typically determine Qtec First value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qtec First'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.