| 7XC Stock | | | EUR 27.80 0.40 1.42% |
This module uses fundamental data of CARETRUST REIT to approximate its Piotroski F score. CARETRUST REIT F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of CARETRUST REIT DL 01. 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 CARETRUST REIT financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in CARETRUST REIT DL 01. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For more detail on how to invest in CARETRUST Stock please use our
How to Invest in CARETRUST REIT guide.
At this time, it appears that CARETRUST REIT'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..
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Piotroski F Score - Inapplicable
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CARETRUST REIT Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to CARETRUST REIT is to make sure CARETRUST is not a subject of accounting manipulations and runs a healthy internal audit department. So, if CARETRUST REIT'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 CARETRUST REIT's financial numbers are properly reported.
About CARETRUST REIT 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 CARETRUST REIT Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CARETRUST REIT DL 01's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CARETRUST REIT using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of CARETRUST REIT DL 01 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.
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Other Information on Investing in CARETRUST Stock
CARETRUST REIT financial ratios help investors to determine whether CARETRUST Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CARETRUST with respect to the benefits of owning CARETRUST REIT security.