| IE Stock | | | USD 9.48 0.40 4.41% |
This module uses fundamental data of Ivanhoe Electric to approximate its Piotroski F score. Ivanhoe Electric F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Ivanhoe Electric. 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 Ivanhoe Electric financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Ivanhoe Electric Altman Z Score,
Ivanhoe Electric Correlation,
Ivanhoe Electric Valuation, as well as analyze
Ivanhoe Electric Alpha and Beta and
Ivanhoe Electric Hype Analysis.
For information on how to trade Ivanhoe Stock refer to our
How to Trade Ivanhoe Stock guide.
At this time, it appears that Ivanhoe Electric's Piotroski F Score is Unavailable. 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 - Unavailable
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Ivanhoe Electric Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Ivanhoe Electric is to make sure Ivanhoe is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Ivanhoe Electric'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 Ivanhoe Electric's financial numbers are properly reported.
About Ivanhoe Electric 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 Ivanhoe Electric Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Ivanhoe Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ivanhoe Electric using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Ivanhoe Electric 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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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.
Is Non-Metallic and Industrial Metal Mining 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 Ivanhoe Electric. If investors know Ivanhoe 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 Ivanhoe Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Ivanhoe Electric is measured differently than its book value, which is the value of Ivanhoe that is recorded on the company's balance sheet. Investors also form their own opinion of Ivanhoe Electric's value that differs from its market value or its book value, called intrinsic value, which is Ivanhoe Electric'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 Ivanhoe Electric's market value can be influenced by many factors that don't directly affect Ivanhoe Electric'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 Ivanhoe Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine
if Ivanhoe Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ivanhoe Electric'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.