X Square Balanced Etf Beneish M Score

SQBIX Etf  USD 14.43  0.01  0.07%   
This module uses fundamental data of X Square to approximate the value of its Beneish M Score. X Square 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 X Square Piotroski F Score and X Square Altman Z Score analysis.
  
At this time, X Square's M Score is inapplicable. The earnings manipulation may begin if X Square'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 X Square 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 X Square'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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Focus
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 X Square Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze X Square Balanced's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of X Square using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of X Square Balanced 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.

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Other Information on Investing in SQBIX Etf

X Square financial ratios help investors to determine whether SQBIX Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SQBIX with respect to the benefits of owning X Square security.