This module uses fundamental data of Turbo Global to approximate its Piotroski F score. Turbo Global F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Turbo Global Partners. 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 Turbo Global financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Turbo Global Altman Z Score, Turbo Global Correlation, Turbo Global Valuation, as well as analyze Turbo Global Alpha and Beta and Turbo Global Hype Analysis.
Turbo
Piotroski F Score
Market Cap
Enterprise Value
Price To Sales Ratio
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Net Income Per Share
Payables Turnover
Cash Per Share
Pocfratio
Interest Coverage
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Price Earnings Ratio
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Cash Ratio
Operating Cash Flow Sales Ratio
Days Of Sales Outstanding
Cash Flow Coverage Ratios
Price To Book Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Cash Conversion Cycle
Sale Purchase Of Stock
Change In Cash
Total Cashflows From Investing Activities
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
Change To Liabilities
Total Assets
Total Current Liabilities
Total Stockholder Equity
Net Tangible Assets
Retained Earnings
Accounts Payable
Long Term Debt
Total Liab
Common Stock
Cash
Total Current Assets
Selling General Administrative
Total Revenue
Gross Profit
Operating Income
Net Income From Continuing Ops
Ebit
Income Before Tax
Net Income Applicable To Common Shares
Probability Of Bankruptcy
At this time, Turbo Global's Long Term Debt is very stable compared to the past year. As of the 24th of November 2024, Net Debt To EBITDA is likely to grow to 0.06, while Debt To Equity is likely to drop 0.04. At this time, Turbo Global's PFCF Ratio is very stable compared to the past year. As of the 24th of November 2024, Days Payables Outstanding is likely to grow to about 10.5 K, while Price To Sales Ratio is likely to drop 3.94.
At this time, it appears that Turbo Global'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..
The critical factor to consider when applying the Piotroski F Score to Turbo Global is to make sure Turbo is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Turbo Global'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 Turbo Global'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 Turbo Global's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Turbo Global 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.
Book Value Per Share
0.052
At this time, Turbo Global's Book Value Per Share is very stable compared to the past year.
About Turbo Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Turbo Global Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turbo Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turbo Global Partners 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.
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Turbo Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Turbo Global will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Turbo Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turbo Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Turbo Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Turbo Global Partners to buy it.
The correlation of Turbo Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Turbo Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turbo Global Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Turbo Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
When determining whether Turbo Global Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turbo Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turbo Global Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turbo Global Partners Stock:
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Advertising 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 Turbo Global. If investors know Turbo 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 Turbo Global 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 Turbo Global Partners is measured differently than its book value, which is the value of Turbo that is recorded on the company's balance sheet. Investors also form their own opinion of Turbo Global's value that differs from its market value or its book value, called intrinsic value, which is Turbo Global'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 Turbo Global's market value can be influenced by many factors that don't directly affect Turbo Global'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 Turbo Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turbo Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turbo Global'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.