This module uses fundamental data of Bakken Energy to approximate its Piotroski F score. Bakken Energy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Bakken Energy Corp. 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 Bakken Energy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Bakken Energy Altman Z Score, Bakken Energy Correlation, Bakken Energy Valuation, as well as analyze Bakken Energy Alpha and Beta and Bakken Energy Hype Analysis.
Bakken
Piotroski F Score
Market Cap
Working Capital
Enterprise Value
Ptb Ratio
Book Value Per Share
Free Cash Flow Yield
Invested Capital
Operating Cash Flow Per Share
Pb Ratio
Free Cash Flow Per Share
Roic
Net Income Per Share
Pocfratio
Interest Coverage
Pfcf Ratio
Net Current Asset Value
Income Quality
Roe
Tangible Asset Value
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Graham Number
Shareholders Equity Per Share
Debt To Equity
Graham Net Net
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Price Book Value Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Ebt Per Ebit
Company Equity Multiplier
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Quick Ratio
Cash Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Return On Assets
Price Fair Value
Return On Equity
Change In Cash
Net Borrowings
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
Change To Netincome
Change To Liabilities
Total Assets
Total Current Liabilities
Total Stockholder Equity
Net Tangible Assets
Retained Earnings
Accounts Payable
Cash
Total Liab
Short Long Term Debt
Total Current Assets
Short Term Debt
Common Stock
Property Plant Equipment
Selling General Administrative
Operating Income
Net Income From Continuing Ops
Ebit
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Net Income Applicable To Common Shares
Research Development
Probability Of Bankruptcy
As of the 28th of November 2024, Short and Long Term Debt is likely to drop to about 1.3 M. In addition to that, Short Term Debt is likely to drop to about 1.3 M. At this time, Bakken Energy's Income Quality is very stable compared to the past year. As of the 28th of November 2024, Graham Number is likely to grow to 0.01, while PTB Ratio is likely to drop (0.17).
At this time, it appears that Bakken Energy's Piotroski F Score is Very Weak. 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..
The critical factor to consider when applying the Piotroski F Score to Bakken Energy is to make sure Bakken is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Bakken Energy'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 Bakken Energy's financial numbers are properly reported.
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Bakken Energy's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Bakken Energy in a much-optimized way.
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.
Book Value Per Share
(0.003728)
At this time, Bakken Energy's Book Value Per Share is very stable compared to the past year.
About Bakken Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bakken Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bakken Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bakken Energy Corp 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.
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bakken Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bakken Energy will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Bakken Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bakken Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bakken Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bakken Energy Corp to buy it.
The correlation of Bakken Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bakken Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bakken Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bakken Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
When determining whether Bakken Energy Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bakken Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bakken Energy Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bakken Energy Corp Stock:
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Oil & Gas Exploration & Production space 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 Bakken Energy. If investors know Bakken 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 Bakken Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(0.98)
The market value of Bakken Energy Corp is measured differently than its book value, which is the value of Bakken that is recorded on the company's balance sheet. Investors also form their own opinion of Bakken Energy's value that differs from its market value or its book value, called intrinsic value, which is Bakken Energy'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 Bakken Energy's market value can be influenced by many factors that don't directly affect Bakken Energy'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 Bakken Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bakken Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bakken Energy'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.