Channeladvisor Piotroski F Score
ECOM   USA Stock  USD 26.80 0.07 0.26% 
Channeladvisor Piotroski F Score  Channeladvisor Piotroski F Score 
At this time, it appears that Channeladvisor Corp's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski FScore 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 longterm portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
8.0
Piotroski F Score  Strong
1  Current Return On Assets  Positive 
2  Change in Return on Assets  Increased 
3  Cash Flow Return on Assets  Positive 
4  Current Quality of Earnings (accrual)  Improving 
5  Asset Turnover Growth  Decrease 
6  Current Ratio Change  Increase 
7  Long Term Debt Over Assets Change  Lower Leverage 
8  Change In Outstending Shares  Decrease 
9  Change in Gross Margin  Increase 
Channeladvisor Corp Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Channeladvisor Corp is to make sure Channeladvisor is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Channeladvisor 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 Channeladvisor Corp's financial numbers are properly reported.
Current Value  Last Year  Change From Last Year  10 Year Trend  

Weighted Average Shares  25.7 M  28.6 M 

 
Weighted Average Shares Diluted  26.6 M  30 M 

 
Net Cash Flow from Operations  37 M  34.3 M 

 
Total Assets  166.4 M  180.7 M 

 
Total Liabilities  50.7 M  50.6 M 

 
Current Assets  104.5 M  110.1 M 

 
Current Liabilities  42.3 M  43 M 

 
Total Debt  4.6 M  5.4 M 

 
Return on Average Assets  0.12  0.114 

 
Gross Margin  0.84  0.791 

 
Asset Turnover  0.83  0.88 


Channeladvisor Corp 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 Channeladvisor Corp's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Channeladvisor Corp in a muchoptimized way.
Click cells to compare fundamentals
About Channeladvisor Corp Piotroski F Score
FScore 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 FScore binary model can help to predict the performance of low pricetobook stocks.Book Value per Share  4.9 
Channeladvisor Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Channeladvisor Corp from analyzing Channeladvisor Corp's financial statements. These drivers represent accounts that assess Channeladvisor Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Channeladvisor Corp's important valuation drivers and their relationship over time.
2016  2017  2018  2019  2020  2021 (projected)  
Net Income Per Employee  (11.46 K)  (22.46 K)  (10.41 K)  5.42 K  25.89 K  27.94 K  
Revenue Per Employee  161.97 K  166.26 K  179.75 K  202.43 K  199.55 K  172.39 K  
Average Assets  129.88 M  134.63 M  138.05 M  145.36 M  164.88 M  158.2 M  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  (5.83 M)  (9.92 M)  (1.4 M)  9.75 M  25.61 M  27.63 M  
Earnings Before Interest Taxes and Depreciation Amortization USD  (5.83 M)  (9.92 M)  (1.4 M)  9.75 M  25.61 M  27.63 M  
Earnings before Tax  (13.66 M)  (16.27 M)  (6.99 M)  4.17 M  19.27 M  20.79 M  
Average Equity  81.59 M  80.23 M  87.54 M  92.67 M  117.05 M  99.6 M  
Enterprise Value  306.79 M  185.85 M  262.51 M  216.02 M  403.51 M  367.56 M  
Free Cash Flow  9.61 M  (6.08 M)  (1.71 M)  9.3 M  29.57 M  31.9 M  
Invested Capital  7.01 M  10.27 M  24.38 M  43.69 M  36.35 M  39.22 M  
Invested Capital Average  3.73 M  6.37 M  19 M  42.76 M  38.09 M  41.1 M  
Market Capitalization  370.01 M  239.13 M  309.99 M  253.65 M  463.42 M  424.23 M  
Tangible Asset Value  114.87 M  114.52 M  108.89 M  122.1 M  145.52 M  134.12 M  
Working Capital  52.14 M  45.86 M  41.14 M  47.95 M  67.11 M  62.15 M 
About Channeladvisor Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Channeladvisor Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Channeladvisor Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Channeladvisor 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.ChannelAdvisor Corporation, together with its subsidiaries, provides softwareasaservice solutions in the United States and internationally. ChannelAdvisor Corporation was incorporated in 2001 and is headquartered in Morrisville, North Carolina. Channeladvisor Corp operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 725 people.
Channeladvisor Corp Investors Sentiment
The influence of Channeladvisor Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Channeladvisor. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.Pair Trading with Channeladvisor Corp
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 Channeladvisor Corp 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 Channeladvisor Corp will appreciate offsetting losses from the drop in the long position's value.Channeladvisor Corp Pair Correlation
Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Channeladvisor Corp and Hubspot. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better riskadjusted return
Run Pair Correlation 
Continue to Channeladvisor Corp Altman Z Score, Channeladvisor Corp Correlation, Channeladvisor Corp Valuation, as well as analyze Channeladvisor Corp Alpha and Beta and Channeladvisor Corp Hype Analysis. Note that the Channeladvisor Corp information on this page should be used as a complementary analysis to other Channeladvisor Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with precomputed micro ideas to build optimal portfolio .
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When running Channeladvisor Corp price analysis, check to measure Channeladvisor Corp'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 Channeladvisor Corp is operating at the current time. Most of Channeladvisor Corp's value examination focuses on studying past and present price action to predict the probability of Channeladvisor Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Channeladvisor Corp's price. Additionally, you may evaluate how the addition of Channeladvisor Corp to your portfolios can decrease your overall portfolio volatility.
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The market value of Channeladvisor Corp is measured differently than its book value, which is the value of Channeladvisor that is recorded on the company's balance sheet. Investors also form their own opinion of Channeladvisor Corp's value that differs from its market value or its book value, called intrinsic value, which is Channeladvisor 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 Channeladvisor Corp's market value can be influenced by many factors that don't directly affect Channeladvisor 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 Channeladvisor Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Channeladvisor Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Channeladvisor 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.