| KGGIX Fund | | | USD 12.06 0.09 0.74% |
This module uses fundamental data of Kopernik Global to approximate its Piotroski F score. Kopernik Global F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Kopernik Global All Cap. 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 Kopernik Global financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kopernik Global All Cap. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as
signals in gross domestic product.
At this time, it appears that Kopernik Global's Piotroski F Score is Inapplicable. 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..
0.0
Piotroski F Score - Inapplicable
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | |
| Change In Outstending Shares | |
Kopernik Global Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Kopernik Global is to make sure Kopernik is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Kopernik 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 Kopernik Global's financial numbers are properly reported.
About Kopernik Global 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 Kopernik Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kopernik Global All Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kopernik Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Kopernik Global All Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Also Currently Popular
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.
Other Information on Investing in Kopernik Mutual Fund
Kopernik Global financial ratios help investors to determine whether Kopernik Mutual Fund 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 Kopernik with respect to the benefits of owning Kopernik Global security.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |