Worley Piotroski F Score

WYGPY
 Stock
  

USD 9.74  0.10  1.02%   

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

Worley Parsons Piotroski F Score Drivers

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

About Worley Parsons 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 Worley Parsons Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Worley Parsons's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Worley Parsons using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Worley Parsons 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.
Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. Worley Limited was incorporated in 2001 and is headquartered in North Sydney, Australia. Worley Parsons operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 51000 people.
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 Worley Parsons 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, Worley Parsons' short interest history, or implied volatility extrapolated from Worley Parsons options trading.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Worley Parsons Altman Z Score, Worley Parsons Correlation, Worley Parsons Valuation, as well as analyze Worley Parsons Alpha and Beta and Worley Parsons Hype Analysis. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Worley Parsons price analysis, check to measure Worley Parsons' 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 Worley Parsons is operating at the current time. Most of Worley Parsons' value examination focuses on studying past and present price action to predict the probability of Worley Parsons' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Worley Parsons' price. Additionally, you may evaluate how the addition of Worley Parsons to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Worley Parsons' value and its price as these two are different measures arrived at by different means. Investors typically determine Worley Parsons value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worley Parsons' 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.