Qantas Piotroski F Score

QABSY
 Stock
  

USD 16.80  0.48  2.94%   

This module uses fundamental data of Qantas Airways to approximate its Piotroski F score. Qantas Airways F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Qantas Airways ADR. 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 Qantas Airways financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please see Qantas Airways Altman Z Score, Qantas Airways Correlation, Qantas Airways Valuation, as well as analyze Qantas Airways Alpha and Beta and Qantas Airways Hype Analysis.
  
At this time, it appears that Qantas Airways' 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..
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Piotroski F Score - Unavailable
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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
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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
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Change In Outstending SharesN/AFocus
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Change in Gross MarginN/AFocus

Qantas Airways Piotroski F Score Drivers

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

About Qantas Airways 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 Qantas Airways Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Qantas Airways ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Qantas Airways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Qantas Airways ADR 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.
Qantas Airways Limited provides air transportation services in Australia and internationally. Qantas Airways Limited was founded in 1920 and is based in Mascot, Australia. Qantas Airways operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 22000 people.

Qantas Airways Investors Sentiment

The influence of Qantas Airways' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Qantas. The overall investor sentiment generally increases the direction of a otc movement in a one-year investment horizon. However, the impact of investor sentiment on the entire otc markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Qantas Airways' public news can be used to forecast risks associated with investment in Qantas. The trend in average sentiment can be used to explain how an investor holding Qantas can time the market purely based on public headlines and social activities around Qantas Airways ADR. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Qantas Airways' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Qantas Airways' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Qantas Airways' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Qantas Airways.
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 Qantas Airways 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, Qantas Airways' short interest history, or implied volatility extrapolated from Qantas Airways options trading.

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Please see Qantas Airways Altman Z Score, Qantas Airways Correlation, Qantas Airways Valuation, as well as analyze Qantas Airways Alpha and Beta and Qantas Airways Hype Analysis. Note that the Qantas Airways ADR information on this page should be used as a complementary analysis to other Qantas Airways' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Qantas Airways ADR price analysis, check to measure Qantas Airways' 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 Qantas Airways is operating at the current time. Most of Qantas Airways' value examination focuses on studying past and present price action to predict the probability of Qantas Airways' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Qantas Airways' price. Additionally, you may evaluate how the addition of Qantas Airways to your portfolios can decrease your overall portfolio volatility.
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Is Qantas Airways' 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 Qantas Airways. If investors know Qantas 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 Qantas Airways 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
0.036
Market Capitalization
6.6 B
Quarterly Revenue Growth YOY
0.32
Return On Assets
-0.0572
Return On Equity
-2.9
The market value of Qantas Airways ADR is measured differently than its book value, which is the value of Qantas that is recorded on the company's balance sheet. Investors also form their own opinion of Qantas Airways' value that differs from its market value or its book value, called intrinsic value, which is Qantas Airways' 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 Qantas Airways' market value can be influenced by many factors that don't directly affect Qantas Airways' 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 Qantas Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine Qantas Airways value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Qantas Airways' 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.