| RLI Stock | | | USD 76.18 0.05 0.07% |
This module uses fundamental data of RLI Corp to approximate its Piotroski F score. RLI Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of RLI 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 RLI Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
RLI Corp Altman Z Score,
RLI Corp Correlation,
RLI Corp Valuation, as well as analyze
RLI Corp Alpha and Beta and
RLI Corp Hype Analysis.
For more detail on how to invest in RLI Stock please use our
How to Invest in RLI Corp guide.
At this time, it appears that RLI Corp's Piotroski F Score is Poor. 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 - Poor
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RLI Corp Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to RLI Corp is to make sure RLI is not a subject of accounting manipulations and runs a healthy internal audit department. So, if RLI Corp'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 RLI Corp's financial numbers are properly reported.
About RLI Corp 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 RLI Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RLI Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RLI Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of RLI 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.
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When determining whether RLI Corp
offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLI Corp'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 Rli Corp Stock.
Outlined below are crucial reports that will aid in making a well-informed decision on Rli Corp Stock: Is Property & Casualty Insurance 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 RLI Corp. If investors know RLI 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 RLI Corp 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 RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp'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 RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp'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 RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine
if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp'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.