Innovator Small Cap Etf Beneish M Score

KAUG Etf   25.02  0.42  1.65%   
This module uses fundamental data of Innovator Small to approximate the value of its Beneish M Score. Innovator Small M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Innovator Small Piotroski F Score and Innovator Small Altman Z Score analysis.
  
At this time, Innovator Small's M Score is inapplicable. The earnings manipulation may begin if Innovator Small's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Innovator Small executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Innovator Small's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About Innovator Small Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Innovator Small Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Innovator Small using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Innovator Small Cap based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.

Currently Active Assets on Macroaxis

When determining whether Innovator Small Cap is a strong investment it is important to analyze Innovator Small's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Innovator Small's future performance. For an informed investment choice regarding Innovator Etf, refer to the following important reports:
Check out Innovator Small Piotroski F Score and Innovator Small Altman Z Score analysis.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Innovator Small Cap is measured differently than its book value, which is the value of Innovator that is recorded on the company's balance sheet. Investors also form their own opinion of Innovator Small's value that differs from its market value or its book value, called intrinsic value, which is Innovator Small'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 Innovator Small's market value can be influenced by many factors that don't directly affect Innovator Small'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 Innovator Small's value and its price as these two are different measures arrived at by different means. Investors typically determine if Innovator Small is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Innovator Small'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.


 

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