This module uses fundamental data of Dynex Capital to approximate its Piotroski F score. Dynex Capital F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Dynex Capital. 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 Dynex Capital financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Dynex Capital Altman Z Score, Dynex Capital Correlation, Dynex Capital Valuation, as well as analyze Dynex Capital Alpha and Beta and Dynex Capital Hype Analysis.
At this time, Dynex Capital's Short and Long Term Debt Total is fairly stable compared to the past year. Net Debt is likely to rise to about 5.5 B in 2024, whereas Long Term Debt is likely to drop slightly above 371.9 K in 2024. At this time, Dynex Capital's PFCF Ratio is fairly stable compared to the past year. EV To Operating Cash Flow is likely to rise to 100.40 in 2024, whereas Price To Sales Ratio is likely to drop 3.78 in 2024.
At this time, it appears that Dynex Capital's Piotroski F Score is Poor. 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 Dynex Capital is to make sure Dynex is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Dynex Capital'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 Dynex Capital'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 Dynex Capital's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Dynex Capital 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.
Pretax Profit Margin
(0.0439)
At this time, Dynex Capital's Pretax Profit Margin is fairly stable compared to the past year.
Dynex Capital Current Valuation Drivers
We derive many important indicators used in calculating different scores of Dynex Capital from analyzing Dynex Capital's financial statements. These drivers represent accounts that assess Dynex Capital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dynex Capital's important valuation drivers and their relationship over time.
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dynex Capital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dynex Capital's managers, analysts, and investors.
Environmental
Governance
Social
About Dynex Capital Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dynex Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dynex Capital using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dynex Capital 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.
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.
When running Dynex Capital's price analysis, check to measure Dynex Capital's 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 Dynex Capital is operating at the current time. Most of Dynex Capital's value examination focuses on studying past and present price action to predict the probability of Dynex Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynex Capital's price. Additionally, you may evaluate how the addition of Dynex Capital to your portfolios can decrease your overall portfolio volatility.