Defiance Next Gen Etf Beneish M Score

HDRO Etf  USD 30.59  0.98  3.10%   
This module uses fundamental data of Defiance Next to approximate the value of its Beneish M Score. Defiance Next 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 Defiance Next Piotroski F Score and Defiance Next Altman Z Score analysis.
  
At this time, Defiance Next's M Score is inapplicable. The earnings manipulation may begin if Defiance Next'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 Defiance Next 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 Defiance Next'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

N/A

Focus
Asset Quality

N/A

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Expense Coverage

N/A

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Gross Margin Strengs

N/A

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Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

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Net Sales Growth

N/A

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Financial Leverage Condition

N/A

Focus

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About Defiance Next Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Defiance Next Gen's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Defiance Next using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Defiance Next Gen 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.
When determining whether Defiance Next Gen offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Defiance Next'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 Defiance Next Gen Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Defiance Next Gen Etf:
Check out Defiance Next Piotroski F Score and Defiance Next Altman Z Score analysis.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of Defiance Next Gen is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance Next's value that differs from its market value or its book value, called intrinsic value, which is Defiance Next'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 Defiance Next's market value can be influenced by many factors that don't directly affect Defiance Next'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 Defiance Next's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Next is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Next'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.