Bancolombia Sa Adr Stock Piotroski F Score
CIB Stock | USD 32.07 0.55 1.69% |
Bancolombia | Piotroski F Score |
At this time, it appears that Bancolombia's Piotroski F Score is Healthy. 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..
6.0
Piotroski F Score - Healthy
Current Return On Assets | Positive | Focus |
Change in Return on Assets | Decreased | Focus |
Cash Flow Return on Assets | Positive | Focus |
Current Quality of Earnings (accrual) | Improving | Focus |
Asset Turnover Growth | Decrease | Focus |
Current Ratio Change | Increase | Focus |
Long Term Debt Over Assets Change | Higher Leverage | Focus |
Change In Outstending Shares | Decrease | Focus |
Change in Gross Margin | Increase | Focus |
Bancolombia Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Bancolombia is to make sure Bancolombia is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Bancolombia'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 Bancolombia's financial numbers are properly reported.
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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Asset Turnover | 0.0925 | 0.1373 |
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Gross Profit Margin | 1.0 | 0.92 |
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Net Debt | 1.7 T | 1.8 T |
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Total Current Liabilities | 602.9 B | 634.6 B |
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Non Current Liabilities Total | 318.4 T | 303.2 T |
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Total Assets | 360.1 T | 342.9 T |
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Total Current Assets | 44.9 T | 42.8 T |
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Bancolombia SA ADR 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 Bancolombia's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Bancolombia in a much-optimized way.
Click cells to compare fundamentals
About Bancolombia 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.Common Stock Shares Outstanding |
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About Bancolombia Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bancolombia SA ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bancolombia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bancolombia SA ADR 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bancolombia in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bancolombia's short interest history, or implied volatility extrapolated from Bancolombia options trading.
Pair Trading with Bancolombia
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 Bancolombia 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 Bancolombia will appreciate offsetting losses from the drop in the long position's value.Moving together with Bancolombia Stock
0.84 | DB | Deutsche Bank AG Earnings Call Today | PairCorr |
0.73 | NU | Nu Holdings Financial Report 20th of May 2024 | PairCorr |
Moving against Bancolombia Stock
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0.48 | VBNK | VersaBank Financial Report 5th of June 2024 | PairCorr |
0.47 | EFSC | Enterprise Financial Financial Report 22nd of July 2024 | PairCorr |
The ability to find closely correlated positions to Bancolombia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bancolombia 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 Bancolombia - 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 Bancolombia SA ADR to buy it.
The correlation of Bancolombia 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 Bancolombia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bancolombia SA ADR 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 Bancolombia 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.Check out Bancolombia Altman Z Score, Bancolombia Correlation, Bancolombia Valuation, as well as analyze Bancolombia Alpha and Beta and Bancolombia Hype Analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Bancolombia Stock analysis
When running Bancolombia's price analysis, check to measure Bancolombia'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 Bancolombia is operating at the current time. Most of Bancolombia's value examination focuses on studying past and present price action to predict the probability of Bancolombia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bancolombia's price. Additionally, you may evaluate how the addition of Bancolombia to your portfolios can decrease your overall portfolio volatility.
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Is Bancolombia's industry 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 Bancolombia. If investors know Bancolombia 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 Bancolombia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 3.5 K | Earnings Share 6.47 | Revenue Per Share 21.7 K | Quarterly Revenue Growth 0.037 |
The market value of Bancolombia SA ADR is measured differently than its book value, which is the value of Bancolombia that is recorded on the company's balance sheet. Investors also form their own opinion of Bancolombia's value that differs from its market value or its book value, called intrinsic value, which is Bancolombia'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 Bancolombia's market value can be influenced by many factors that don't directly affect Bancolombia'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 Bancolombia's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bancolombia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancolombia'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.