Northview Residential Reit Stock Piotroski F Score

NRR-UN Stock   14.85  0.10  0.68%   
This module uses fundamental data of Northview Residential to approximate its Piotroski F score. Northview Residential F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Northview Residential REIT. 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 Northview Residential 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 Northview Residential REIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
  
As of March 15, 2025, Net Debt is expected to decline to about 1.4 B. In addition to that, Long Term Debt is expected to decline to about 816.4 M.
At this time, it appears that Northview Residential'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..
4.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Northview Residential Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Northview Residential is to make sure Northview is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Northview Residential'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 Northview Residential's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt1.4 BB
Way Down
Slightly volatile
Total Current Liabilities695 M843.7 M
Significantly Down
Slightly volatile
Non Current Liabilities Total829.6 M1.4 B
Way Down
Slightly volatile
Total Assets2.3 B3.2 B
Way Down
Slightly volatile
Total Current Assets33.9 M47.8 M
Way Down
Slightly volatile
Total Cash From Operating Activities43.7 M39.9 M
Significantly Up
Slightly volatile

Northview Residential F Score Driver Matrix

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 Northview Residential's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Northview Residential in a much-optimized way.

About Northview Residential 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.

Net Debt

1.43 Billion

At present, Northview Residential's Net Debt is projected to increase significantly based on the last few years of reporting.

About Northview Residential Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northview Residential REIT's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northview Residential using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northview Residential REIT 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.
Please read more on our fundamental analysis page.

Pair Trading with Northview Residential

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 Northview Residential 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 Northview Residential will appreciate offsetting losses from the drop in the long position's value.

Moving against Northview Stock

  0.69MFC-PM Manulife Financial CorpPairCorr
  0.58PGDC Patagonia Gold CorpPairCorr
  0.54NTR NutrienPairCorr
  0.53PTFY Plantify FoodsPairCorr
  0.46TD Toronto Dominion BankPairCorr
The ability to find closely correlated positions to Northview Residential could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northview Residential 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 Northview Residential - 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 Northview Residential REIT to buy it.
The correlation of Northview Residential 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 Northview Residential moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northview Residential 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 Northview Residential 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.
Pair CorrelationCorrelation Matching

Other Information on Investing in Northview Stock

Northview Residential financial ratios help investors to determine whether Northview Stock 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 Northview with respect to the benefits of owning Northview Residential security.