Developed by James O’Shaughnessy, the Value Composite score uses six valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, price to sales and shareholder yield. TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) has a Value Composite score of 59. The VC score is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Removing the sixth ratio (shareholder yield) we can view the Value Composite 1 score which is currently sitting at 46.
Some investors may be struggling after adding the wrong stocks to the portfolio. Creating a specific plan for investing may help turn the ship around. The stock market is still producing plenty of green arrows, and investors need to be able to capitalize. It is quite reasonable to be optimistic about the investment environment heading into the second half of the year. The next couple of weeks may be the perfect time for investors to put the pedal down and try to develop a strategy that will beat the market over the next quarter. Most investors realize that there are no certainties when it comes to equity investing. It is never a guarantee that a stock or an index will go up or down from one day to the next. Investors who prepare themselves for any scenario should be in a much better place than those who don’t.
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) has a current MF Rank of 4878. Developed by hedge fund manager Joel Greenblatt, the intention of the formula is to spot high quality companies that are trading at an attractive price. The formula uses ROIC and earnings yield ratios to find quality, undervalued stocks. In general, companies with the lowest combined rank may be the higher quality picks. TriplePoint Venture Growth BDC Corp. has a current ERP5 Rank of 18874. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.
Watching some historical volatility numbers on shares of TriplePoint Venture Growth BDC Corp. (NYSE:TPVG), we can see that the 12 month volatility is presently 26.694100. The 6 month volatility is 23.785100, and the 3 month is spotted at 19.748400. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.
We can now take a quick look at some historical stock price index data. TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) presently has a 10 month price index of 1.08424. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period. Looking at some alternate time periods, the 12 month price index is 1.19249, the 24 month is 1.24109, and the 36 month is 1.66917. Narrowing in a bit closer, the 5 month price index is 1.26888, the 3 month is 1.10062, and the 1 month is currently 0.96020.
At the time of writing, TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) has a Piotroski F-Score of 5. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.
TriplePoint Venture Growth BDC Corp. has an M-score Beneish of -999.000000. This M-score model was developed by Messod Beneish in order to detect manipulation of financial statements. The score uses a combination of eight different variables. The specifics of the variables and formula can be found in the Beneish paper “The Detection of Earnings Manipulation”.
Investors may be interested in viewing the Gross Margin score on shares of TriplePoint Venture Growth BDC Corp. (NYSE:TPVG). The name currently has a score of 50.00000. This score is derived from the Gross Margin (Marx) stability and growth over the previous eight years. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative.
Shifting gears, we can see that TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) has a Q.i. Value of 45.00000. The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield. The purpose of the Q.i. Value is to help identify companies that are the most undervalued. Typically, the lower the value, the more undervalued the company tends to be.
Investors may be wondering how to tackle the markets at current levels. Many investors may feel like they have missed out on the markets getting to where they are today. It may be a case of missed trades or being too cautious, but a stellar forward thinking strategy may be just what is needed to get back on track. Studying various sectors may help provide some insight on where to go from here. Investors may become very familiar and comfortable with a certain sector, and they may be completely missing out on opportunities from other fast growing sectors. Investors may also need to take a long-term approach which may include creating a diversified portfolio that takes many different factors into consideration. With the enormous amount of uncertainty that follows the global investing world on a daily basis, it may be helpful for investors to be able to keep their emotions in check. Studying the hard data may prove to be very useful when trying to separate truth from fiction in the equity markets.