| REIT Etf | | | USD 28.63 0.36 1.24% |
This module uses fundamental data of ALPS Active to approximate its Piotroski F score. ALPS Active F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ALPS Active REIT. 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 ALPS Active financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
ALPS Active Altman Z Score,
ALPS Active Correlation,
Portfolio Optimization, as well as analyze
ALPS Active Alpha and Beta and
ALPS Active Hype Analysis.
At this time, it appears that ALPS Active'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
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ALPS Active Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to ALPS Active is to make sure ALPS is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ALPS Active'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 ALPS Active's financial numbers are properly reported.
About ALPS Active 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 ALPS Active Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ALPS Active REIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ALPS Active using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of ALPS Active REIT 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.
Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
When determining whether ALPS Active REIT is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if ALPS Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Alps Active Reit Etf.
Highlighted below are key reports to facilitate an investment decision about Alps Active Reit Etf: The market value of ALPS Active REIT is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS Active's value that differs from its market value or its book value, called intrinsic value, which is ALPS Active'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 ALPS Active's market value can be influenced by many factors that don't directly affect ALPS Active'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 ALPS Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS Active'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.