| DXYZ Stock | | | 43.89 1.92 4.57% |
This module uses fundamental data of Destiny Tech100 to approximate its Piotroski F score. Destiny Tech100 F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Destiny Tech100. 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 Destiny Tech100 financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Destiny Tech100 Altman Z Score,
Destiny Tech100 Correlation,
Destiny Tech100 Valuation, as well as analyze
Destiny Tech100 Alpha and Beta and
Destiny Tech100 Hype Analysis.
For more information on how to buy Destiny Stock please use our
How to Invest in Destiny Tech100 guide.
At this time, Destiny Tech100's
Net Debt is fairly stable compared to the past year.
Net Debt To EBITDA is likely to rise to 2.89 in 2024, whereas
Short and Long Term Debt Total is likely to drop slightly above 70.7
M in 2024.
At this time, it appears that Destiny Tech100's Piotroski F Score is Frail. 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..
3.0
Piotroski F Score - Frail
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| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | |
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Destiny Tech100 Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Destiny Tech100 is to make sure Destiny is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Destiny Tech100'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 Destiny Tech100's financial numbers are properly reported.
Destiny Tech100 F Score Driver Matrix
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 Destiny Tech100's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Destiny Tech100 in a much-optimized way.
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About Destiny Tech100 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 Destiny Tech100 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Destiny Tech100's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Destiny Tech100 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Destiny Tech100 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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Additional Tools for Destiny Stock Analysis
When running Destiny Tech100's price analysis, check to
measure Destiny Tech100'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 Destiny Tech100 is operating at the current time. Most of Destiny Tech100's value examination focuses on studying past and present price action to
predict the probability of Destiny Tech100's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destiny Tech100's price. Additionally, you may evaluate how the addition of Destiny Tech100 to your portfolios can decrease your overall portfolio volatility.