| PUMP Stock | | | USD 7.22 0.07 0.96% |
This module uses fundamental data of ProPetro Holding to approximate its Piotroski F score. ProPetro Holding F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of ProPetro Holding Corp. 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 ProPetro Holding financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
ProPetro Holding Altman Z Score,
ProPetro Holding Correlation,
ProPetro Holding Valuation, as well as analyze
ProPetro Holding Alpha and Beta and
ProPetro Holding Hype Analysis.
At this time, it appears that ProPetro Holding's Piotroski F Score is Unavailable. 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..
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Piotroski F Score - Unavailable
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ProPetro Holding Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to ProPetro Holding is to make sure ProPetro is not a subject of accounting manipulations and runs a healthy internal audit department. So, if ProPetro Holding'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 ProPetro Holding's financial numbers are properly reported.
About ProPetro Holding 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 ProPetro Holding Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ProPetro Holding Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ProPetro Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of ProPetro Holding Corp 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.
Additional Tools for ProPetro Stock Analysis
When running ProPetro Holding's price analysis, check to
measure ProPetro Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to
predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.