March 22, 2017

What is the Piotroski F-Score?

Piotroski F-Score

We mention the Piotroski F-Score in a lot of our articles, videos, and even within a lot of our prebuilt screens. So, it poses the question, what exactly is the Piotroski F-Score?

Created by a professor of Accounting at the University of Chicago named Joseph Piotroski, the score is used to identify possible investments.

 

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Here is the score built within the Equities Lab system using the Equihack language. For each line item that is deemed true a point is added to the score. For every line item that is not true, nothing is added to the score. The score itself is broken up into three different parts –

· Profitability – though not outlined in the editor, this contains the first four items of the score.…

April 21, 2016

Tesla’s 400,000 Order Number isn’t as Magical as it Seems

While surfing my usual news outlets I couldn’t help but notice multiple articles talking about how Tesla just hit 400,000 orders for its newest car – the model 3. However,  what a lot of these sources aren’t saying is that this isn’t really that big of a deal. Why?

The primary thing is that these orders aren’t set in stone. These “orders” are actually nothing more than risk free deposits that people have put down for the right to purchase a model 3 when it finally goes to production. This, though it gives a great outlook for the sales of the future model 3, can fall apart at any second due to any number of reasons.…