Golden Star Resources Stock Piotroski F Score
This module uses fundamental data of Golden Star to approximate its Piotroski F score. Golden Star F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Golden Star Resources. 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 Golden Star financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Golden |
At this time, it appears that Golden Star'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..
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Piotroski F Score - Unavailable
Current Return On Assets | N/A | Focus |
Change in Return on Assets | N/A | Focus |
Cash Flow Return on Assets | N/A | Focus |
Current Quality of Earnings (accrual) | N/A | Focus |
Asset Turnover Growth | N/A | Focus |
Current Ratio Change | N/A | Focus |
Long Term Debt Over Assets Change | N/A | Focus |
Change In Outstending Shares | N/A | Focus |
Change in Gross Margin | N/A | Focus |
Golden Star Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Golden Star is to make sure Golden is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Golden Star'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 Golden Star's financial numbers are properly reported.
About Golden Star 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.Thematic Opportunities
Explore Investment Opportunities
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Other Consideration for investing in Golden Stock
If you are still planning to invest in Golden Star Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Golden Star's history and understand the potential risks before investing.
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