Killam Apartment REIT (TSX:KMP.UN) currently has a Value Composite score of 42.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of Killam Apartment REIT (TSX:KMP.UN) is 52.

Technicals

One of the most famous sayings in the stock market is “buy low, sell high”. This may seem like an oversimplified statement, but there are many novice investors who often do the complete opposite. Many investors may be looking too closely at stocks that have been on the rise, and they might not be checking on the underlying fundamental data. They may be hoping to ride the wave higher, but may end up shaking their heads. On the flip side, many investors may hold onto stocks for far too long after they have slipped drastically. Waiting for a bounce that may never come can cause frustration and plenty of second guessing. Successful investors are typically able to locate stocks that are undervalued at a certain price. This may take a lot of practice and dedication, but it may do wonders for the health of the portfolio.

In taking a look at some other notable technicals, Killam Apartment REIT (TSX:KMP.UN)’s ROIC is 0.042306. The ROIC 5 year average is 0.046340 and the ROIC Quality ratio is 1.930985. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.

We also note that Killam Apartment REIT (TSX:KMP.UN) has a Shareholder Yield of -0.104850 and a Shareholder Yield (Mebane Faber) of -0.25432. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

Killam Apartment REIT (TSX:KMP.UN) has a current MF Rank of 9416. 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.

We can now take a quick look at some historical stock price index data. Killam Apartment REIT (TSX:KMP.UN) presently has a 10 month price index of 1.32488. 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 1.33830, the 24 month is 1.49659, and the 36 month is 1.85669. Narrowing in a bit closer, the 5 month price index is 1.08994, the 3 month is 1.08217, and the 1 month is currently 1.06799.

The C-Score is a system developed by James Montier that helps determine whether a company is involved in falsifying their financial statements.  The C-Score is calculated by a variety of items, including a growing difference in net income verse cash flow, increasing days outstanding, growing days sales of inventory, increasing assets to sales, declines in depreciation, and high total asset growth.  The C-Score of Killam Apartment REIT (TSX:KMP.UN) is 2.00000.  The score ranges on a scale of -1 to 6.  If the score is -1, then there is not enough information to determine the C-Score.  If the number is at zero (0) then there is no evidence of fraudulent book cooking, whereas a number of 6 indicates a high likelihood of fraudulent activity. The C-Score assists investors in assessing the likelihood of a company cheating in the books.

Investors have the ability to approach the stock market from various angles. This may include using technical analysis, fundamental analysis, or a combination or the two. Investors watching the technical levels may be trying to chart patterns and discover trends in stock price movement. Investors tracking the fundamentals may be looking closely at many different factors. They may be focused on industry performance, earnings estimates, dividend payouts, and other factors. They might also be studying how the company is run, and trying to figure out the true value of the firm. Keeping track of all the data may seem overwhelming, but it may help give a needed boost to the portfolio. 

Taking a look at valuation rankings for GameStop Corp. (NYSE:GME), we see that the stock has a Value Composite score of 15. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 8.

Value investors may be scanning the shelves for bargain stocks. They may be looking to spot those shares that haven’t been doing a whole lot and are being generally overlooked by the investing world. Value investors may be searching for stocks with lower price to earnings ratios that possess higher dividend yields. Investors looking for growth stocks may be willing to shell out a little more for a stock that has the possibility of increasing EPS at a quicker pace. Some investors may favor one category of stocks over another, but they may need to find a combination at some point. As markets tend to move in cycles, it may be necessary to align the portfolio to the category that is best positioned to make consistent gains in the future.

Technicals at a Glance

In taking a look at some other notable technicals, GameStop Corp. (NYSE:GME)’s ROIC is 0.520866. The ROIC 5 year average is 0.641083 and the ROIC Quality ratio is 5.247294. ROIC is a profitability ratio that measures the return that an investment generates for those providing capital. ROIC helps show how efficient a firm is at turning capital into profits.

There are many different tools to determine whether a company is profitable or not.  One of the most popular ratios is the “Return on Assets” (aka ROA).  This score indicates how profitable a company is relative to its total assets.  The Return on Assets for GameStop Corp. (NYSE:GME) is -0.108001.  This number is calculated by dividing net income after tax by the company’s total assets.  A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return.

Shareholder Yield
We also note that GameStop Corp. (NYSE:GME) has a Shareholder Yield of 0.126202 and a Shareholder Yield (Mebane Faber) of 0.12355. The first value is calculated by adding the dividend yield to the percentage of repurchased shares. The second value adds in the net debt repaid yield to the calculation. Shareholder yield has the ability to show how much money the firm is giving back to shareholders via a few different avenues. Companies may issue new shares and buy back their own shares. This may occur at the same time. Investors may also use shareholder yield to gauge a baseline rate of return.

GameStop Corp. (NYSE:GME) has a current MF Rank of 293. 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.

Price Index
We can now take aquick look at some historical stock price index data. GameStop Corp. (NYSE:GME) presently has a 10 month price index of 0.90297. 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 0.78306, the 24 month is 0.55741, and the 36 month is 0.56607. Narrowing in a bit closer, the 5 month price index is 0.72787, the 3 month is 0.89185, and the 1 month is currently 0.72956.

The Piotroski F-Score is a scoring system between 1-9 that determines a firm’s financial strength.  The score helps determine if a company’s stock is valuable or not.  The Piotroski F-Score of GameStop Corp. (NYSE:GME) is 2.  A score of nine indicates a high value stock, while a score of one indicates a low value stock.  The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings.  It is also calculated by a change in gearing or leverage, liquidity, and change in shares in issue.  The score is also determined by change in gross margin and change in asset turnover.

Investors may be trying to define which trends will prevail in the second half of the year. As the markets continue to chug along, investors may be trying to maximize gains and become better positioned for success. Technical analysts may be studying different historical price and volume data in order to help uncover where the momentum is headed. Coming up with a solid strategy may take some time, but it might be well worth it in the long run. As we move deeper into the year, investors will be closely tracking the next few earnings periods. They may be trying to project which companies will post positive surprises.