id	sid	tid	token	lemma	pos
cana-6028	1	1	upper	upper	ADJ
cana-6028	1	2	echelon	echelon	NOUN
cana-6028	1	3	employment	employment	NOUN
cana-6028	1	4	:	:	PUNCT
cana-6028	1	5	a	a	DET
cana-6028	1	6	review	review	NOUN
cana-6028	1	7	of	of	ADP
cana-6028	1	8	the	the	DET
cana-6028	1	9	fundamental	fundamental	ADJ
cana-6028	1	10	questions	question	NOUN
cana-6028	1	11	related	relate	VERB
cana-6028	1	12	to	to	ADP
cana-6028	1	13	the	the	DET
cana-6028	1	14	executive	executive	ADJ
cana-6028	1	15	labor	labor	NOUN
cana-6028	1	16	market	market	NOUN
cana-6028	1	17	communications	communication	NOUN
cana-6028	1	18	on	on	ADP
cana-6028	1	19	applied	apply	VERB
cana-6028	1	20	nonlinear	nonlinear	ADJ
cana-6028	1	21	analysis	analysis	NOUN
cana-6028	1	22	issn	issn	NOUN
cana-6028	1	23	:	:	PUNCT
cana-6028	1	24	1074	1074	NUM
cana-6028	1	25	-	-	PUNCT
cana-6028	1	26	133x	133x	NUM
cana-6028	1	27	vol	vol	NOUN
cana-6028	1	28	32	32	NUM
cana-6028	2	1	no	no	NOUN
cana-6028	2	2	.	.	PUNCT
cana-6028	3	1	9s	9s	NUM
cana-6028	3	2	(	(	PUNCT
cana-6028	3	3	2025	2025	NUM
cana-6028	3	4	)	)	PUNCT
cana-6028	3	5	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	3	6	3228	3228	NUM
cana-6028	3	7	evaluating	evaluate	VERB
cana-6028	3	8	the	the	DET
cana-6028	3	9	effectiveness	effectiveness	NOUN
cana-6028	3	10	of	of	ADP
cana-6028	3	11	the	the	DET
cana-6028	3	12	piotroski	piotroski	ADJ
cana-6028	3	13	f	f	NOUN
cana-6028	3	14	-	-	PUNCT
cana-6028	3	15	score	score	NOUN
cana-6028	3	16	in	in	ADP
cana-6028	3	17	the	the	DET
cana-6028	3	18	indian	indian	ADJ
cana-6028	3	19	equity	equity	NOUN
cana-6028	3	20	market	market	NOUN
cana-6028	3	21	:	:	PUNCT
cana-6028	3	22	evidence	evidence	NOUN
cana-6028	3	23	from	from	ADP
cana-6028	3	24	nifty100(2007–2024	nifty100(2007–2024	PRON
cana-6028	3	25	)	)	PUNCT
cana-6028	3	26	ayush	ayush	NOUN
cana-6028	3	27	shah1	shah1	NOUN
cana-6028	3	28	*	*	PUNCT
cana-6028	3	29	,	,	PUNCT
cana-6028	3	30	kashish	kashish	PROPN
cana-6028	3	31	jain2	jain2	PROPN
cana-6028	3	32	,	,	PUNCT
cana-6028	3	33	pratik	pratik	NOUN
cana-6028	3	34	anand3	anand3	NOUN
cana-6028	3	35	,	,	PUNCT
cana-6028	3	36	chetashri	chetashri	NOUN
cana-6028	3	37	bhadane4	bhadane4	VERB
cana-6028	3	38	1*dept	1*dept	NUM
cana-6028	3	39	.	.	PUNCT
cana-6028	4	1	of	of	ADP
cana-6028	4	2	computer	computer	NOUN
cana-6028	4	3	engineering	engineering	NOUN
cana-6028	4	4	dwarkadas	dwarkadas	PROPN
cana-6028	4	5	j	j	PROPN
cana-6028	4	6	sanghvi	sanghvi	PROPN
cana-6028	4	7	college	college	PROPN
cana-6028	4	8	of	of	ADP
cana-6028	4	9	engineering	engineering	PROPN
cana-6028	4	10	mumbai	mumbai	PROPN
cana-6028	4	11	,	,	PUNCT
cana-6028	4	12	india	india	PROPN
cana-6028	4	13	ayushshah979@gmail.com	ayushshah979@gmail.com	PROPN
cana-6028	4	14	,	,	PUNCT
cana-6028	4	15	orcid	orcid	NOUN
cana-6028	4	16	:	:	PUNCT
cana-6028	4	17	0009	0009	NUM
cana-6028	4	18	-	-	SYM
cana-6028	4	19	0004	0004	NUM
cana-6028	4	20	-	-	PUNCT
cana-6028	4	21	2940	2940	NUM
cana-6028	4	22	-	-	PUNCT
cana-6028	4	23	0267	0267	NUM
cana-6028	4	24	2product	2product	NUM
cana-6028	4	25	manager	manager	NOUN
cana-6028	4	26	5paisa	5paisa	NUM
cana-6028	4	27	capital	capital	NOUN
cana-6028	4	28	mumbai	mumbai	PROPN
cana-6028	4	29	,	,	PUNCT
cana-6028	4	30	india	india	PROPN
cana-6028	4	31	,	,	PUNCT
cana-6028	4	32	kashishjain161@gmail.com	kashishjain161@gmail.com	PROPN
cana-6028	4	33	,	,	PUNCT
cana-6028	4	34	orcid	orcid	NOUN
cana-6028	4	35	:	:	PUNCT
cana-6028	4	36	0009	0009	NUM
cana-6028	4	37	-	-	PUNCT
cana-6028	4	38	0002	0002	NUM
cana-6028	4	39	-	-	PUNCT
cana-6028	4	40	1120	1120	NUM
cana-6028	4	41	-	-	PUNCT
cana-6028	4	42	284x	284x	ADJ
cana-6028	4	43	3product	3product	NUM
cana-6028	4	44	manager	manager	NOUN
cana-6028	4	45	5paisa	5paisa	NUM
cana-6028	4	46	capital	capital	NOUN
cana-6028	4	47	mumbai	mumbai	PROPN
cana-6028	4	48	,	,	PUNCT
cana-6028	4	49	india	india	PROPN
cana-6028	4	50	,	,	PUNCT
cana-6028	4	51	anandpratik41@gmail.com	anandpratik41@gmail.com	X
cana-6028	4	52	,	,	PUNCT
cana-6028	4	53	orcid	orcid	NOUN
cana-6028	4	54	:	:	PUNCT
cana-6028	4	55	0009	0009	NUM
cana-6028	4	56	-	-	SYM
cana-6028	4	57	0009	0009	NUM
cana-6028	4	58	-	-	PUNCT
cana-6028	4	59	9356	9356	NUM
cana-6028	4	60	-	-	SYM
cana-6028	4	61	4174	4174	NUM
cana-6028	4	62	4associate	4associate	PROPN
cana-6028	4	63	professor	professor	NOUN
cana-6028	4	64	dept	dept	NOUN
cana-6028	4	65	.	.	PUNCT
cana-6028	5	1	of	of	ADP
cana-6028	5	2	computer	computer	NOUN
cana-6028	5	3	engineering	engineering	NOUN
cana-6028	5	4	dwarkadas	dwarkadas	PROPN
cana-6028	5	5	j	j	PROPN
cana-6028	5	6	sanghvi	sanghvi	PROPN
cana-6028	5	7	college	college	PROPN
cana-6028	5	8	of	of	ADP
cana-6028	5	9	engineering	engineering	PROPN
cana-6028	5	10	mumbai	mumbai	PROPN
cana-6028	5	11	,	,	PUNCT
cana-6028	5	12	india	india	PROPN
cana-6028	5	13	chetashri.bhadane@djsce.ac.in	chetashri.bhadane@djsce.ac.in	NUM
cana-6028	5	14	,	,	PUNCT
cana-6028	5	15	orcid	orcid	NOUN
cana-6028	5	16	:	:	PUNCT
cana-6028	6	1	0000	0000	NUM
cana-6028	6	2	-	-	PUNCT
cana-6028	6	3	0002	0002	NUM
cana-6028	6	4	-	-	PUNCT
cana-6028	6	5	7174	7174	NUM
cana-6028	6	6	-	-	PUNCT
cana-6028	6	7	6378	6378	NUM
cana-6028	6	8	*	*	PUNCT
cana-6028	6	9	corresponding	correspond	VERB
cana-6028	6	10	author	author	NOUN
cana-6028	6	11	:	:	PUNCT
cana-6028	6	12	ayush	ayush	PROPN
cana-6028	6	13	shah	shah	PROPN
cana-6028	6	14	dept	dept	PROPN
cana-6028	6	15	.	.	PROPN
cana-6028	6	16	of	of	ADP
cana-6028	6	17	computer	computer	NOUN
cana-6028	6	18	engineering	engineering	NOUN
cana-6028	6	19	dwarkadas	dwarkadas	PROPN
cana-6028	6	20	j	j	PROPN
cana-6028	6	21	sanghvi	sanghvi	PROPN
cana-6028	6	22	college	college	PROPN
cana-6028	6	23	of	of	ADP
cana-6028	6	24	engineering	engineering	PROPN
cana-6028	6	25	mumbai	mumbai	PROPN
cana-6028	6	26	,	,	PUNCT
cana-6028	6	27	india	india	PROPN
cana-6028	6	28	,	,	PUNCT
cana-6028	6	29	ayushshah979@gmail.com	ayushshah979@gmail.com	PROPN
cana-6028	6	30	,	,	PUNCT
cana-6028	6	31	orcid	orcid	NOUN
cana-6028	6	32	:	:	PUNCT
cana-6028	6	33	0009	0009	NUM
cana-6028	6	34	-	-	SYM
cana-6028	6	35	0004	0004	NUM
cana-6028	6	36	-	-	PUNCT
cana-6028	6	37	2940	2940	NUM
cana-6028	6	38	-	-	PUNCT
cana-6028	6	39	0267	0267	NUM
cana-6028	6	40	article	article	NOUN
cana-6028	6	41	history	history	NOUN
cana-6028	6	42	:	:	PUNCT
cana-6028	6	43	abstract	abstract	ADJ
cana-6028	6	44	:	:	PUNCT
cana-6028	6	45	this	this	DET
cana-6028	6	46	study	study	NOUN
cana-6028	6	47	explores	explore	VERB
cana-6028	6	48	the	the	DET
cana-6028	6	49	effectiveness	effectiveness	NOUN
cana-6028	6	50	of	of	ADP
cana-6028	6	51	the	the	DET
cana-6028	6	52	piotroski	piotroski	ADJ
cana-6028	6	53	f	f	NOUN
cana-6028	6	54	-	-	PUNCT
cana-6028	6	55	score	score	NOUN
cana-6028	6	56	as	as	ADP
cana-6028	6	57	a	a	DET
cana-6028	6	58	valuation	valuation	NOUN
cana-6028	6	59	and	and	CCONJ
cana-6028	6	60	screening	screen	VERB
cana-6028	6	61	tool	tool	NOUN
cana-6028	6	62	for	for	ADP
cana-6028	6	63	companies	company	NOUN
cana-6028	6	64	within	within	ADP
cana-6028	6	65	india	india	PROPN
cana-6028	6	66	’s	’s	PART
cana-6028	6	67	nifty	nifty	ADJ
cana-6028	6	68	100	100	NUM
cana-6028	6	69	index	index	NOUN
cana-6028	6	70	over	over	ADP
cana-6028	6	71	the	the	DET
cana-6028	6	72	period	period	NOUN
cana-6028	6	73	2007	2007	NUM
cana-6028	6	74	to	to	ADP
cana-6028	6	75	2024	2024	NUM
cana-6028	6	76	.	.	PUNCT
cana-6028	7	1	the	the	DET
cana-6028	7	2	piotroski	piotroski	ADJ
cana-6028	7	3	fscore	fscore	NOUN
cana-6028	7	4	,	,	PUNCT
cana-6028	7	5	which	which	PRON
cana-6028	7	6	ranges	range	VERB
cana-6028	7	7	from	from	ADP
cana-6028	7	8	0	0	NUM
cana-6028	7	9	to	to	ADP
cana-6028	7	10	9	9	NUM
cana-6028	7	11	,	,	PUNCT
cana-6028	7	12	measures	measure	VERB
cana-6028	7	13	a	a	DET
cana-6028	7	14	firm	firm	NOUN
cana-6028	7	15	’s	’s	PART
cana-6028	7	16	financial	financial	ADJ
cana-6028	7	17	strength	strength	NOUN
cana-6028	7	18	by	by	ADP
cana-6028	7	19	combining	combine	VERB
cana-6028	7	20	signals	signal	NOUN
cana-6028	7	21	from	from	ADP
cana-6028	7	22	profitability	profitability	NOUN
cana-6028	7	23	,	,	PUNCT
cana-6028	7	24	leverage	leverage	NOUN
cana-6028	7	25	,	,	PUNCT
cana-6028	7	26	liquidity	liquidity	NOUN
cana-6028	7	27	,	,	PUNCT
cana-6028	7	28	funding	funding	NOUN
cana-6028	7	29	decisions	decision	NOUN
cana-6028	7	30	,	,	PUNCT
cana-6028	7	31	and	and	CCONJ
cana-6028	7	32	operational	operational	ADJ
cana-6028	7	33	efficiency	efficiency	NOUN
cana-6028	7	34	.	.	PUNCT
cana-6028	8	1	in	in	ADP
cana-6028	8	2	simple	simple	ADJ
cana-6028	8	3	terms	term	NOUN
cana-6028	8	4	,	,	PUNCT
cana-6028	8	5	a	a	DET
cana-6028	8	6	higher	high	ADJ
cana-6028	8	7	score	score	NOUN
cana-6028	8	8	reflects	reflect	VERB
cana-6028	8	9	stronger	strong	ADJ
cana-6028	8	10	financial	financial	ADJ
cana-6028	8	11	health	health	NOUN
cana-6028	8	12	and	and	CCONJ
cana-6028	8	13	resilience	resilience	NOUN
cana-6028	8	14	,	,	PUNCT
cana-6028	8	15	while	while	SCONJ
cana-6028	8	16	a	a	DET
cana-6028	8	17	lower	low	ADJ
cana-6028	8	18	score	score	NOUN
cana-6028	8	19	can	can	AUX
cana-6028	8	20	be	be	AUX
cana-6028	8	21	seen	see	VERB
cana-6028	8	22	as	as	ADP
cana-6028	8	23	an	an	DET
cana-6028	8	24	early	early	ADJ
cana-6028	8	25	warning	warning	NOUN
cana-6028	8	26	sign	sign	NOUN
cana-6028	8	27	of	of	ADP
cana-6028	8	28	potential	potential	ADJ
cana-6028	8	29	distress	distress	NOUN
cana-6028	8	30	.	.	PUNCT
cana-6028	9	1	by	by	ADP
cana-6028	9	2	analysing	analyse	VERB
cana-6028	9	3	nearly	nearly	ADV
cana-6028	9	4	two	two	NUM
cana-6028	9	5	decades	decade	NOUN
cana-6028	9	6	of	of	ADP
cana-6028	9	7	historical	historical	ADJ
cana-6028	9	8	data	datum	NOUN
cana-6028	9	9	,	,	PUNCT
cana-6028	9	10	the	the	DET
cana-6028	9	11	study	study	NOUN
cana-6028	9	12	finds	find	VERB
cana-6028	9	13	that	that	SCONJ
cana-6028	9	14	firms	firm	NOUN
cana-6028	9	15	with	with	ADP
cana-6028	9	16	higher	high	ADJ
cana-6028	9	17	f	f	NOUN
cana-6028	9	18	-	-	PUNCT
cana-6028	9	19	scores	score	NOUN
cana-6028	9	20	not	not	PART
cana-6028	9	21	only	only	ADV
cana-6028	9	22	delivered	deliver	VERB
cana-6028	9	23	stronger	strong	ADJ
cana-6028	9	24	returns	return	NOUN
cana-6028	9	25	over	over	ADP
cana-6028	9	26	time	time	NOUN
cana-6028	9	27	but	but	CCONJ
cana-6028	9	28	also	also	ADV
cana-6028	9	29	provided	provide	VERB
cana-6028	9	30	a	a	DET
cana-6028	9	31	cushion	cushion	NOUN
cana-6028	9	32	during	during	ADP
cana-6028	9	33	market	market	NOUN
cana-6028	9	34	downturns	downturn	NOUN
cana-6028	9	35	when	when	SCONJ
cana-6028	9	36	broader	broad	ADJ
cana-6028	9	37	indices	index	NOUN
cana-6028	9	38	underperformed	underperform	VERB
cana-6028	9	39	.	.	PUNCT
cana-6028	10	1	this	this	PRON
cana-6028	10	2	suggests	suggest	VERB
cana-6028	10	3	that	that	SCONJ
cana-6028	10	4	the	the	DET
cana-6028	10	5	f	f	NOUN
cana-6028	10	6	-	-	PUNCT
cana-6028	10	7	score	score	NOUN
cana-6028	10	8	is	be	AUX
cana-6028	10	9	not	not	PART
cana-6028	10	10	just	just	ADV
cana-6028	10	11	a	a	DET
cana-6028	10	12	measure	measure	NOUN
cana-6028	10	13	of	of	ADP
cana-6028	10	14	value	value	NOUN
cana-6028	10	15	but	but	CCONJ
cana-6028	10	16	also	also	ADV
cana-6028	10	17	a	a	DET
cana-6028	10	18	practical	practical	ADJ
cana-6028	10	19	tool	tool	NOUN
cana-6028	10	20	for	for	ADP
cana-6028	10	21	managing	manage	VERB
cana-6028	10	22	risk	risk	NOUN
cana-6028	10	23	and	and	CCONJ
cana-6028	10	24	identifying	identify	VERB
cana-6028	10	25	robust	robust	ADJ
cana-6028	10	26	companies	company	NOUN
cana-6028	10	27	in	in	ADP
cana-6028	10	28	uncertain	uncertain	ADJ
cana-6028	10	29	environments	environment	NOUN
cana-6028	10	30	.	.	PUNCT
cana-6028	11	1	the	the	DET
cana-6028	11	2	findings	finding	NOUN
cana-6028	11	3	reinforce	reinforce	VERB
cana-6028	11	4	the	the	DET
cana-6028	11	5	importance	importance	NOUN
cana-6028	11	6	of	of	ADP
cana-6028	11	7	continuously	continuously	ADV
cana-6028	11	8	tracking	track	VERB
cana-6028	11	9	the	the	DET
cana-6028	11	10	f	f	NOUN
cana-6028	11	11	-	-	PUNCT
cana-6028	11	12	score	score	NOUN
cana-6028	11	13	to	to	PART
cana-6028	11	14	capture	capture	VERB
cana-6028	11	15	early	early	ADJ
cana-6028	11	16	distress	distress	NOUN
cana-6028	11	17	signals	signal	NOUN
cana-6028	11	18	while	while	SCONJ
cana-6028	11	19	uncovering	uncover	VERB
cana-6028	11	20	attractive	attractive	ADJ
cana-6028	11	21	investment	investment	NOUN
cana-6028	11	22	opportunities	opportunity	NOUN
cana-6028	11	23	in	in	ADP
cana-6028	11	24	the	the	DET
cana-6028	11	25	indian	indian	ADJ
cana-6028	11	26	equity	equity	NOUN
cana-6028	11	27	market	market	NOUN
cana-6028	11	28	.	.	PUNCT
cana-6028	12	1	keywords	keyword	NOUN
cana-6028	12	2	:	:	PUNCT
cana-6028	12	3	piotroski	piotroski	ADJ
cana-6028	12	4	,	,	PUNCT
cana-6028	12	5	nifty	nifty	ADJ
cana-6028	12	6	100	100	NUM
cana-6028	12	7	,	,	PUNCT
cana-6028	12	8	f	f	X
cana-6028	12	9	-	-	PUNCT
cana-6028	12	10	score	score	NOUN
cana-6028	12	11	,	,	PUNCT
cana-6028	12	12	valuation	valuation	NOUN
cana-6028	12	13	,	,	PUNCT
cana-6028	12	14	risk	risk	NOUN
cana-6028	12	15	management	management	NOUN
cana-6028	12	16	1	1	NUM
cana-6028	12	17	.	.	PUNCT
cana-6028	12	18	introduction	introduction	NOUN
cana-6028	12	19	the	the	DET
cana-6028	12	20	indian	indian	ADJ
cana-6028	12	21	stock	stock	NOUN
cana-6028	12	22	market	market	NOUN
cana-6028	12	23	offers	offer	VERB
cana-6028	12	24	immense	immense	ADJ
cana-6028	12	25	opportunities	opportunity	NOUN
cana-6028	12	26	,	,	PUNCT
cana-6028	12	27	but	but	CCONJ
cana-6028	12	28	presents	present	VERB
cana-6028	12	29	challenges	challenge	NOUN
cana-6028	12	30	to	to	ADP
cana-6028	12	31	investors	investor	NOUN
cana-6028	12	32	seeking	seek	VERB
cana-6028	12	33	to	to	PART
cana-6028	12	34	identify	identify	VERB
cana-6028	12	35	fundamentally	fundamentally	ADV
cana-6028	12	36	strong	strong	ADJ
cana-6028	12	37	companies	company	NOUN
cana-6028	12	38	.	.	PUNCT
cana-6028	13	1	broad	broad	ADJ
cana-6028	13	2	indices	index	NOUN
cana-6028	13	3	such	such	ADJ
cana-6028	13	4	as	as	ADP
cana-6028	13	5	the	the	DET
cana-6028	13	6	nifty	nifty	ADJ
cana-6028	13	7	100	100	NUM
cana-6028	13	8	reflect	reflect	VERB
cana-6028	13	9	general	general	ADJ
cana-6028	13	10	market	market	NOUN
cana-6028	13	11	trends	trend	NOUN
cana-6028	13	12	,	,	PUNCT
cana-6028	13	13	but	but	CCONJ
cana-6028	13	14	provide	provide	VERB
cana-6028	13	15	limited	limited	ADJ
cana-6028	13	16	information	information	NOUN
cana-6028	13	17	on	on	ADP
cana-6028	13	18	the	the	DET
cana-6028	13	19	financial	financial	ADJ
cana-6028	13	20	health	health	NOUN
cana-6028	13	21	of	of	ADP
cana-6028	13	22	individual	individual	ADJ
cana-6028	13	23	firms	firm	NOUN
cana-6028	13	24	.	.	PUNCT
cana-6028	14	1	in	in	ADP
cana-6028	14	2	this	this	DET
cana-6028	14	3	context	context	NOUN
cana-6028	14	4	,	,	PUNCT
cana-6028	14	5	the	the	DET
cana-6028	14	6	piotroski	piotroski	ADJ
cana-6028	14	7	f	f	NOUN
cana-6028	14	8	-	-	PUNCT
cana-6028	14	9	score	score	NOUN
cana-6028	14	10	serves	serve	VERB
cana-6028	14	11	as	as	ADP
cana-6028	14	12	a	a	DET
cana-6028	14	13	valuable	valuable	ADJ
cana-6028	14	14	tool	tool	NOUN
cana-6028	14	15	,	,	PUNCT
cana-6028	14	16	evaluating	evaluate	VERB
cana-6028	14	17	companies	company	NOUN
cana-6028	14	18	through	through	ADP
cana-6028	14	19	nine	nine	NUM
cana-6028	14	20	financial	financial	ADJ
cana-6028	14	21	indicators	indicator	NOUN
cana-6028	14	22	related	relate	VERB
cana-6028	14	23	to	to	ADP
cana-6028	14	24	profitability	profitability	NOUN
cana-6028	14	25	,	,	PUNCT
cana-6028	14	26	leverage	leverage	NOUN
cana-6028	14	27	,	,	PUNCT
cana-6028	14	28	liquidity	liquidity	NOUN
cana-6028	14	29	,	,	PUNCT
cana-6028	14	30	and	and	CCONJ
cana-6028	14	31	efficiency	efficiency	NOUN
cana-6028	14	32	.	.	PUNCT
cana-6028	15	1	higher	high	ADJ
cana-6028	15	2	scores	score	NOUN
cana-6028	15	3	signal	signal	VERB
cana-6028	15	4	a	a	DET
cana-6028	15	5	stronger	strong	ADJ
cana-6028	15	6	growth	growth	NOUN
cana-6028	15	7	potential	potential	NOUN
cana-6028	15	8	,	,	PUNCT
cana-6028	15	9	while	while	SCONJ
cana-6028	15	10	lower	low	ADJ
cana-6028	15	11	scores	score	NOUN
cana-6028	15	12	may	may	AUX
cana-6028	15	13	indicate	indicate	VERB
cana-6028	15	14	underlying	underlie	VERB
cana-6028	15	15	risks	risk	NOUN
cana-6028	15	16	.	.	PUNCT
cana-6028	16	1	originally	originally	ADV
cana-6028	16	2	introduced	introduce	VERB
cana-6028	16	3	as	as	ADP
cana-6028	16	4	an	an	DET
cana-6028	16	5	academic	academic	ADJ
cana-6028	16	6	model	model	NOUN
cana-6028	16	7	,	,	PUNCT
cana-6028	16	8	the	the	DET
cana-6028	16	9	f	f	NOUN
cana-6028	16	10	-	-	PUNCT
cana-6028	16	11	score	score	NOUN
cana-6028	16	12	has	have	AUX
cana-6028	16	13	evolved	evolve	VERB
cana-6028	16	14	into	into	ADP
cana-6028	16	15	a	a	DET
cana-6028	16	16	practical	practical	ADJ
cana-6028	16	17	framework	framework	NOUN
cana-6028	16	18	for	for	ADP
cana-6028	16	19	building	build	VERB
cana-6028	16	20	sound	sound	NOUN
cana-6028	16	21	and	and	CCONJ
cana-6028	16	22	fundamentally	fundamentally	ADV
cana-6028	16	23	driven	drive	VERB
cana-6028	16	24	investment	investment	NOUN
cana-6028	16	25	portfolios	portfolio	NOUN
cana-6028	16	26	.	.	PUNCT
cana-6028	17	1	this	this	DET
cana-6028	17	2	study	study	NOUN
cana-6028	17	3	applies	apply	VERB
cana-6028	17	4	the	the	DET
cana-6028	17	5	piotroski	piotroski	ADJ
cana-6028	17	6	f	f	NOUN
cana-6028	17	7	-	-	PUNCT
cana-6028	17	8	score	score	NOUN
cana-6028	17	9	to	to	ADP
cana-6028	17	10	firms	firm	NOUN
cana-6028	17	11	within	within	ADP
cana-6028	17	12	india	india	PROPN
cana-6028	17	13	’s	’s	PART
cana-6028	17	14	nifty	nifty	ADJ
cana-6028	17	15	100	100	NUM
cana-6028	17	16	index	index	NOUN
cana-6028	17	17	from	from	ADP
cana-6028	17	18	2007	2007	NUM
cana-6028	17	19	to	to	ADP
cana-6028	17	20	2024	2024	NUM
cana-6028	17	21	,	,	PUNCT
cana-6028	17	22	selecting	select	VERB
cana-6028	17	23	the	the	DET
cana-6028	17	24	top	top	ADJ
cana-6028	17	25	10	10	NUM
cana-6028	17	26	companies	company	NOUN
cana-6028	17	27	each	each	DET
cana-6028	17	28	quarter	quarter	NOUN
cana-6028	17	29	and	and	CCONJ
cana-6028	17	30	comparing	compare	VERB
cana-6028	17	31	their	their	PRON
cana-6028	17	32	performance	performance	NOUN
cana-6028	17	33	with	with	ADP
cana-6028	17	34	the	the	DET
cana-6028	17	35	broader	broad	ADJ
cana-6028	17	36	index	index	NOUN
cana-6028	17	37	.	.	PUNCT
cana-6028	18	1	although	although	SCONJ
cana-6028	18	2	the	the	DET
cana-6028	18	3	model	model	NOUN
cana-6028	18	4	has	have	AUX
cana-6028	18	5	proven	prove	VERB
cana-6028	18	6	effective	effective	ADJ
cana-6028	18	7	worldwide	worldwide	ADV
cana-6028	18	8	,	,	PUNCT
cana-6028	18	9	its	its	PRON
cana-6028	18	10	use	use	NOUN
cana-6028	18	11	in	in	ADP
cana-6028	18	12	india	india	PROPN
cana-6028	18	13	remains	remain	VERB
cana-6028	18	14	less	less	ADV
cana-6028	18	15	explored	explore	VERB
cana-6028	18	16	,	,	PUNCT
cana-6028	18	17	especially	especially	ADV
cana-6028	18	18	considering	consider	VERB
cana-6028	18	19	the	the	DET
cana-6028	18	20	unique	unique	ADJ
cana-6028	18	21	economic	economic	ADJ
cana-6028	18	22	cycles	cycle	NOUN
cana-6028	18	23	,	,	PUNCT
cana-6028	18	24	regulatory	regulatory	ADJ
cana-6028	18	25	shifts	shift	NOUN
cana-6028	18	26	,	,	PUNCT
cana-6028	18	27	and	and	CCONJ
cana-6028	18	28	sector	sector	NOUN
cana-6028	18	29	specific	specific	ADJ
cana-6028	18	30	dynamics	dynamic	NOUN
cana-6028	18	31	of	of	ADP
cana-6028	18	32	the	the	DET
cana-6028	18	33	country	country	NOUN
cana-6028	18	34	.	.	PUNCT
cana-6028	19	1	the	the	DET
cana-6028	19	2	research	research	NOUN
cana-6028	19	3	further	far	ADV
cana-6028	19	4	enhances	enhance	VERB
cana-6028	19	5	this	this	DET
cana-6028	19	6	approach	approach	NOUN
cana-6028	19	7	through	through	ADP
cana-6028	19	8	a	a	DET
cana-6028	19	9	component	component	NOUN
cana-6028	19	10	-	-	PUNCT
cana-6028	19	11	wise	wise	ADJ
cana-6028	19	12	sensitivity	sensitivity	NOUN
cana-6028	19	13	analysis	analysis	NOUN
cana-6028	19	14	by	by	ADP
cana-6028	19	15	removing	remove	VERB
cana-6028	19	16	individual	individual	ADJ
cana-6028	19	17	f	f	NOUN
cana-6028	19	18	-	-	PUNCT
cana-6028	19	19	score	score	NOUN
cana-6028	19	20	factors	factor	NOUN
cana-6028	19	21	to	to	PART
cana-6028	19	22	determine	determine	VERB
cana-6028	19	23	their	their	PRON
cana-6028	19	24	specific	specific	ADJ
cana-6028	19	25	impact	impact	NOUN
cana-6028	19	26	.	.	PUNCT
cana-6028	20	1	findings	finding	NOUN
cana-6028	20	2	suggest	suggest	VERB
cana-6028	20	3	that	that	SCONJ
cana-6028	20	4	key	key	ADJ
cana-6028	20	5	indicators	indicator	NOUN
cana-6028	20	6	like	like	ADP
cana-6028	20	7	return	return	VERB
cana-6028	20	8	on	on	ADP
cana-6028	20	9	assets	asset	NOUN
cana-6028	20	10	and	and	CCONJ
cana-6028	20	11	accruals	accrual	NOUN
cana-6028	20	12	are	be	AUX
cana-6028	20	13	crucial	crucial	ADJ
cana-6028	20	14	drivers	driver	NOUN
cana-6028	20	15	of	of	ADP
cana-6028	20	16	performance	performance	NOUN
cana-6028	20	17	,	,	PUNCT
cana-6028	20	18	while	while	SCONJ
cana-6028	20	19	factors	factor	NOUN
cana-6028	20	20	such	such	ADJ
cana-6028	20	21	as	as	ADP
cana-6028	20	22	equity	equity	NOUN
cana-6028	20	23	issue	issue	NOUN
cana-6028	20	24	and	and	CCONJ
cana-6028	20	25	changes	change	NOUN
cana-6028	20	26	in	in	ADP
cana-6028	20	27	asset	asset	NOUN
cana-6028	20	28	turnover	turnover	NOUN
cana-6028	20	29	play	play	VERB
cana-6028	20	30	a	a	DET
cana-6028	20	31	lesser	less	ADJ
cana-6028	20	32	role	role	NOUN
cana-6028	20	33	.	.	PUNCT
cana-6028	21	1	furthermore	furthermore	ADV
cana-6028	21	2	,	,	PUNCT
cana-6028	21	3	the	the	DET
cana-6028	21	4	study	study	NOUN
cana-6028	21	5	emphasizes	emphasize	VERB
cana-6028	21	6	the	the	DET
cana-6028	21	7	importance	importance	NOUN
cana-6028	21	8	of	of	ADP
cana-6028	21	9	quarterly	quarterly	ADJ
cana-6028	21	10	portfolio	portfolio	NOUN
cana-6028	21	11	rebalancing	rebalancing	NOUN
cana-6028	21	12	to	to	PART
cana-6028	21	13	maintain	maintain	VERB
cana-6028	21	14	alignment	alignment	NOUN
cana-6028	21	15	with	with	ADP
cana-6028	21	16	the	the	DET
cana-6028	21	17	latest	late	ADJ
cana-6028	21	18	financial	financial	ADJ
cana-6028	21	19	data	datum	NOUN
cana-6028	21	20	.	.	PUNCT
cana-6028	22	1	this	this	DET
cana-6028	22	2	adaptability	adaptability	NOUN
cana-6028	22	3	ensures	ensure	VERB
cana-6028	22	4	that	that	SCONJ
cana-6028	22	5	the	the	DET
cana-6028	22	6	portfolio	portfolio	NOUN
cana-6028	22	7	remains	remain	VERB
cana-6028	22	8	responsive	responsive	ADJ
cana-6028	22	9	to	to	ADP
cana-6028	22	10	evolving	evolve	VERB
cana-6028	22	11	company	company	NOUN
cana-6028	22	12	fundamentals	fundamental	NOUN
cana-6028	22	13	and	and	CCONJ
cana-6028	22	14	broader	broad	ADJ
cana-6028	22	15	economic	economic	ADJ
cana-6028	22	16	changes	change	NOUN
cana-6028	22	17	in	in	ADP
cana-6028	22	18	the	the	DET
cana-6028	22	19	dynamic	dynamic	ADJ
cana-6028	22	20	market	market	NOUN
cana-6028	22	21	environment	environment	NOUN
cana-6028	22	22	of	of	ADP
cana-6028	22	23	india	india	PROPN
cana-6028	22	24	.	.	PUNCT
cana-6028	23	1	in	in	ADP
cana-6028	23	2	conclusion	conclusion	NOUN
cana-6028	23	3	,	,	PUNCT
cana-6028	23	4	the	the	DET
cana-6028	23	5	piotroski	piotroski	ADJ
cana-6028	23	6	f	f	PROPN
cana-6028	23	7	score	score	NOUN
cana-6028	23	8	has	have	AUX
cana-6028	23	9	been	be	AUX
cana-6028	23	10	shown	show	VERB
cana-6028	23	11	to	to	PART
cana-6028	23	12	be	be	AUX
cana-6028	23	13	an	an	DET
cana-6028	23	14	effective	effective	ADJ
cana-6028	23	15	and	and	CCONJ
cana-6028	23	16	practical	practical	ADJ
cana-6028	23	17	tool	tool	NOUN
cana-6028	23	18	for	for	ADP
cana-6028	23	19	stock	stock	NOUN
cana-6028	23	20	selection	selection	NOUN
cana-6028	23	21	in	in	ADP
cana-6028	23	22	india	india	PROPN
cana-6028	23	23	,	,	PUNCT
cana-6028	23	24	offering	offer	VERB
cana-6028	23	25	retail	retail	ADJ
cana-6028	23	26	and	and	CCONJ
cana-6028	23	27	institutional	institutional	ADJ
cana-6028	23	28	investors	investor	NOUN
cana-6028	23	29	a	a	DET
cana-6028	23	30	received	receive	VERB
cana-6028	23	31	:	:	PUNCT
cana-6028	23	32	12	12	NUM
cana-6028	23	33	-	-	SYM
cana-6028	23	34	01	01	NUM
cana-6028	23	35	-	-	PUNCT
cana-6028	23	36	2025	2025	NUM
cana-6028	23	37	revised	revise	VERB
cana-6028	23	38	:	:	PUNCT
cana-6028	23	39	15	15	NUM
cana-6028	23	40	-	-	SYM
cana-6028	23	41	01	01	NUM
cana-6028	23	42	-	-	PUNCT
cana-6028	23	43	2025	2025	NUM
cana-6028	23	44	accepted	accept	VERB
cana-6028	23	45	:	:	PUNCT
cana-6028	23	46	20	20	NUM
cana-6028	23	47	-	-	SYM
cana-6028	23	48	01	01	NUM
cana-6028	23	49	-	-	PUNCT
cana-6028	23	50	2025	2025	NUM
cana-6028	24	1	https://internationalpubls.com/	https://internationalpubls.com/	PROPN
cana-6028	24	2	mailto:ayushshah979@gmail.com	mailto:ayushshah979@gmail.com	PROPN
cana-6028	24	3	mailto:kashishjain161@gmail.com	mailto:kashishjain161@gmail.com	X
cana-6028	24	4	mailto:chetashri.bhadane@djsce.ac.in	mailto:chetashri.bhadane@djsce.ac.in	PROPN
cana-6028	24	5	mailto:ayushshah979@gmail.com	mailto:ayushshah979@gmail.com	PROPN
cana-6028	24	6	communications	communication	NOUN
cana-6028	24	7	on	on	ADP
cana-6028	24	8	applied	apply	VERB
cana-6028	24	9	nonlinear	nonlinear	ADJ
cana-6028	24	10	analysis	analysis	NOUN
cana-6028	24	11	issn	issn	NOUN
cana-6028	24	12	:	:	PUNCT
cana-6028	24	13	1074	1074	NUM
cana-6028	24	14	-	-	PUNCT
cana-6028	24	15	133x	133x	NUM
cana-6028	24	16	vol	vol	NOUN
cana-6028	24	17	32	32	NUM
cana-6028	24	18	no	no	NOUN
cana-6028	24	19	.	.	PUNCT
cana-6028	25	1	9s	9s	NUM
cana-6028	25	2	(	(	PUNCT
cana-6028	25	3	2025	2025	NUM
cana-6028	25	4	)	)	PUNCT
cana-6028	26	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	26	2	3229	3229	NUM
cana-6028	26	3	reliable	reliable	ADJ
cana-6028	26	4	,	,	PUNCT
cana-6028	26	5	evidence	evidence	NOUN
cana-6028	26	6	-	-	PUNCT
cana-6028	26	7	backed	back	VERB
cana-6028	26	8	method	method	NOUN
cana-6028	26	9	to	to	PART
cana-6028	26	10	construct	construct	VERB
cana-6028	26	11	resilient	resilient	ADJ
cana-6028	26	12	high	high	ADV
cana-6028	26	13	-	-	PUNCT
cana-6028	26	14	performing	perform	VERB
cana-6028	26	15	portfolios	portfolio	NOUN
cana-6028	26	16	tailored	tailor	VERB
cana-6028	26	17	to	to	ADP
cana-6028	26	18	local	local	ADJ
cana-6028	26	19	market	market	NOUN
cana-6028	26	20	conditions	condition	NOUN
cana-6028	26	21	.	.	PUNCT
cana-6028	27	1	2	2	X
cana-6028	27	2	.	.	X
cana-6028	27	3	literature	literature	NOUN
cana-6028	27	4	review	review	VERB
cana-6028	27	5	stock	stock	NOUN
cana-6028	27	6	market	market	NOUN
cana-6028	27	7	indexes	index	NOUN
cana-6028	27	8	such	such	ADJ
cana-6028	27	9	as	as	ADP
cana-6028	27	10	the	the	DET
cana-6028	27	11	nifty	nifty	ADJ
cana-6028	27	12	100	100	NUM
cana-6028	27	13	play	play	VERB
cana-6028	27	14	a	a	DET
cana-6028	27	15	critical	critical	ADJ
cana-6028	27	16	role	role	NOUN
cana-6028	27	17	in	in	ADP
cana-6028	27	18	reflecting	reflect	VERB
cana-6028	27	19	economic	economic	ADJ
cana-6028	27	20	health	health	NOUN
cana-6028	27	21	and	and	CCONJ
cana-6028	27	22	providing	provide	VERB
cana-6028	27	23	a	a	DET
cana-6028	27	24	benchmark	benchmark	NOUN
cana-6028	27	25	for	for	ADP
cana-6028	27	26	equity	equity	NOUN
cana-6028	27	27	market	market	NOUN
cana-6028	27	28	performance	performance	NOUN
cana-6028	27	29	.	.	PUNCT
cana-6028	28	1	evaluating	evaluate	VERB
cana-6028	28	2	the	the	DET
cana-6028	28	3	financial	financial	ADJ
cana-6028	28	4	health	health	NOUN
cana-6028	28	5	of	of	ADP
cana-6028	28	6	companies	company	NOUN
cana-6028	28	7	listed	list	VERB
cana-6028	28	8	in	in	ADP
cana-6028	28	9	these	these	DET
cana-6028	28	10	indexes	index	NOUN
cana-6028	28	11	is	be	AUX
cana-6028	28	12	essential	essential	ADJ
cana-6028	28	13	for	for	ADP
cana-6028	28	14	investors	investor	NOUN
cana-6028	28	15	aiming	aim	VERB
cana-6028	28	16	to	to	PART
cana-6028	28	17	optimize	optimize	VERB
cana-6028	28	18	returns	return	NOUN
cana-6028	28	19	while	while	SCONJ
cana-6028	28	20	managing	manage	VERB
cana-6028	28	21	risks	risk	NOUN
cana-6028	28	22	.	.	PUNCT
cana-6028	29	1	the	the	DET
cana-6028	29	2	piotroski	piotroski	ADJ
cana-6028	29	3	f	f	NOUN
cana-6028	29	4	-	-	PUNCT
cana-6028	29	5	score	score	NOUN
cana-6028	29	6	developed	develop	VERB
cana-6028	29	7	by	by	ADP
cana-6028	29	8	joseph	joseph	PROPN
cana-6028	29	9	piotroski	piotroski	PROPN
cana-6028	29	10	in	in	ADP
cana-6028	29	11	’	'	PUNCT
cana-6028	29	12	2000	2000	NUM
cana-6028	29	13	’	'	PUNCT
cana-6028	29	14	is	be	AUX
cana-6028	29	15	a	a	DET
cana-6028	29	16	financial	financial	ADJ
cana-6028	29	17	screening	screening	NOUN
cana-6028	29	18	model	model	NOUN
cana-6028	29	19	designed	design	VERB
cana-6028	29	20	to	to	PART
cana-6028	29	21	assess	assess	VERB
cana-6028	29	22	the	the	DET
cana-6028	29	23	financial	financial	ADJ
cana-6028	29	24	strength	strength	NOUN
cana-6028	29	25	of	of	ADP
cana-6028	29	26	firms	firm	NOUN
cana-6028	29	27	based	base	VERB
cana-6028	29	28	on	on	ADP
cana-6028	29	29	their	their	PRON
cana-6028	29	30	accounting	accounting	NOUN
cana-6028	29	31	fundamentals	fundamental	NOUN
cana-6028	29	32	.	.	PUNCT
cana-6028	30	1	although	although	SCONJ
cana-6028	30	2	extensively	extensively	ADV
cana-6028	30	3	studied	study	VERB
cana-6028	30	4	in	in	ADP
cana-6028	30	5	global	global	ADJ
cana-6028	30	6	markets	market	NOUN
cana-6028	30	7	,	,	PUNCT
cana-6028	30	8	its	its	PRON
cana-6028	30	9	application	application	NOUN
cana-6028	30	10	within	within	ADP
cana-6028	30	11	the	the	DET
cana-6028	30	12	indian	indian	ADJ
cana-6028	30	13	equity	equity	NOUN
cana-6028	30	14	market	market	NOUN
cana-6028	30	15	,	,	PUNCT
cana-6028	30	16	particularly	particularly	ADV
cana-6028	30	17	in	in	ADP
cana-6028	30	18	relation	relation	NOUN
cana-6028	30	19	to	to	ADP
cana-6028	30	20	major	major	ADJ
cana-6028	30	21	indexes	index	NOUN
cana-6028	30	22	such	such	ADJ
cana-6028	30	23	as	as	ADP
cana-6028	30	24	nifty	nifty	ADJ
cana-6028	30	25	100	100	NUM
cana-6028	30	26	,	,	PUNCT
cana-6028	30	27	remains	remain	VERB
cana-6028	30	28	underexplored	underexplored	ADJ
cana-6028	30	29	.	.	PUNCT
cana-6028	31	1	existing	exist	VERB
cana-6028	31	2	research	research	NOUN
cana-6028	31	3	on	on	ADP
cana-6028	31	4	financial	financial	ADJ
cana-6028	31	5	screening	screening	NOUN
cana-6028	31	6	models	model	NOUN
cana-6028	31	7	:	:	PUNCT
cana-6028	31	8	many	many	ADJ
cana-6028	31	9	models	model	NOUN
cana-6028	31	10	assess	assess	VERB
cana-6028	31	11	a	a	DET
cana-6028	31	12	company	company	NOUN
cana-6028	31	13	’s	’s	PART
cana-6028	31	14	financial	financial	ADJ
cana-6028	31	15	health	health	NOUN
cana-6028	31	16	,	,	PUNCT
cana-6028	31	17	such	such	ADJ
cana-6028	31	18	as	as	ADP
cana-6028	31	19	the	the	DET
cana-6028	31	20	altman	altman	PROPN
cana-6028	31	21	z	z	PROPN
cana-6028	31	22	score	score	NOUN
cana-6028	31	23	for	for	ADP
cana-6028	31	24	bankruptcy	bankruptcy	NOUN
cana-6028	31	25	risk	risk	NOUN
cana-6028	31	26	,	,	PUNCT
cana-6028	31	27	the	the	DET
cana-6028	31	28	beneish	beneish	PROPN
cana-6028	31	29	m	m	VERB
cana-6028	31	30	score	score	NOUN
cana-6028	31	31	to	to	PART
cana-6028	31	32	detect	detect	VERB
cana-6028	31	33	earnings	earning	NOUN
cana-6028	31	34	manipulation	manipulation	NOUN
cana-6028	31	35	,	,	PUNCT
cana-6028	31	36	and	and	CCONJ
cana-6028	31	37	the	the	DET
cana-6028	31	38	ohlson	ohlson	NOUN
cana-6028	31	39	o	o	NOUN
cana-6028	31	40	score	score	NOUN
cana-6028	31	41	to	to	PART
cana-6028	31	42	predict	predict	VERB
cana-6028	31	43	default	default	NOUN
cana-6028	31	44	.	.	PUNCT
cana-6028	32	1	although	although	SCONJ
cana-6028	32	2	these	these	PRON
cana-6028	32	3	offer	offer	VERB
cana-6028	32	4	valuable	valuable	ADJ
cana-6028	32	5	insights	insight	NOUN
cana-6028	32	6	they	they	PRON
cana-6028	32	7	focus	focus	VERB
cana-6028	32	8	mainly	mainly	ADV
cana-6028	32	9	on	on	ADP
cana-6028	32	10	distress	distress	NOUN
cana-6028	32	11	signals	signal	NOUN
cana-6028	32	12	or	or	CCONJ
cana-6028	32	13	fraud	fraud	NOUN
cana-6028	32	14	detection	detection	NOUN
cana-6028	32	15	.	.	PUNCT
cana-6028	33	1	the	the	DET
cana-6028	33	2	piotroski	piotroski	ADJ
cana-6028	33	3	score	score	NOUN
cana-6028	33	4	stands	stand	VERB
cana-6028	33	5	out	out	ADP
cana-6028	33	6	for	for	ADP
cana-6028	33	7	its	its	PRON
cana-6028	33	8	simplicity	simplicity	NOUN
cana-6028	33	9	and	and	CCONJ
cana-6028	33	10	effectiveness	effectiveness	NOUN
cana-6028	33	11	in	in	ADP
cana-6028	33	12	spotting	spot	VERB
cana-6028	33	13	undervalued	undervalue	VERB
cana-6028	33	14	,	,	PUNCT
cana-6028	33	15	yet	yet	CCONJ
cana-6028	33	16	fundamentally	fundamentally	ADV
cana-6028	33	17	strong	strong	ADJ
cana-6028	33	18	companies	company	NOUN
cana-6028	33	19	.	.	PUNCT
cana-6028	34	1	it	it	PRON
cana-6028	34	2	helps	help	VERB
cana-6028	34	3	investors	investor	NOUN
cana-6028	34	4	filter	filter	VERB
cana-6028	34	5	out	out	ADP
cana-6028	34	6	weak	weak	ADJ
cana-6028	34	7	firms	firm	NOUN
cana-6028	34	8	from	from	ADP
cana-6028	34	9	low	low	ADJ
cana-6028	34	10	price	price	NOUN
cana-6028	34	11	-	-	PUNCT
cana-6028	34	12	to	to	ADP
cana-6028	34	13	-	-	PUNCT
cana-6028	34	14	book	book	NOUN
cana-6028	34	15	stocks	stock	NOUN
cana-6028	34	16	,	,	PUNCT
cana-6028	34	17	improving	improve	VERB
cana-6028	34	18	stock	stock	NOUN
cana-6028	34	19	selection	selection	NOUN
cana-6028	34	20	without	without	ADP
cana-6028	34	21	complexity	complexity	NOUN
cana-6028	34	22	.	.	PUNCT
cana-6028	35	1	its	its	PRON
cana-6028	35	2	practical	practical	ADJ
cana-6028	35	3	use	use	NOUN
cana-6028	35	4	in	in	ADP
cana-6028	35	5	markets	market	NOUN
cana-6028	35	6	makes	make	VERB
cana-6028	35	7	it	it	PRON
cana-6028	35	8	ideal	ideal	ADJ
cana-6028	35	9	for	for	ADP
cana-6028	35	10	building	build	VERB
cana-6028	35	11	reliable	reliable	ADJ
cana-6028	35	12	and	and	CCONJ
cana-6028	35	13	high	high	ADJ
cana-6028	35	14	-	-	PUNCT
cana-6028	35	15	quality	quality	NOUN
cana-6028	35	16	portfolios	portfolio	NOUN
cana-6028	35	17	.	.	PUNCT
cana-6028	36	1	2.1	2.1	NUM
cana-6028	36	2	.	.	PUNCT
cana-6028	37	1	altman	altman	PROPN
cana-6028	37	2	z	z	PROPN
cana-6028	37	3	-	-	PUNCT
cana-6028	37	4	score	score	VERB
cana-6028	37	5	the	the	DET
cana-6028	37	6	altman	altman	PROPN
cana-6028	37	7	z	z	PROPN
cana-6028	37	8	-	-	PUNCT
cana-6028	37	9	score	score	NOUN
cana-6028	37	10	is	be	AUX
cana-6028	37	11	a	a	DET
cana-6028	37	12	financial	financial	ADJ
cana-6028	37	13	model	model	NOUN
cana-6028	37	14	used	use	VERB
cana-6028	37	15	to	to	PART
cana-6028	37	16	predict	predict	VERB
cana-6028	37	17	corporate	corporate	ADJ
cana-6028	37	18	bankruptcy	bankruptcy	NOUN
cana-6028	37	19	by	by	ADP
cana-6028	37	20	assessing	assess	VERB
cana-6028	37	21	the	the	DET
cana-6028	37	22	financial	financial	ADJ
cana-6028	37	23	health	health	NOUN
cana-6028	37	24	of	of	ADP
cana-6028	37	25	a	a	DET
cana-6028	37	26	company	company	NOUN
cana-6028	37	27	based	base	VERB
cana-6028	37	28	on	on	ADP
cana-6028	37	29	key	key	ADJ
cana-6028	37	30	metrics	metric	NOUN
cana-6028	37	31	of	of	ADP
cana-6028	37	32	the	the	DET
cana-6028	37	33	balance	balance	NOUN
cana-6028	37	34	sheet	sheet	NOUN
cana-6028	37	35	and	and	CCONJ
cana-6028	37	36	income	income	NOUN
cana-6028	37	37	statement	statement	NOUN
cana-6028	37	38	.	.	PUNCT
cana-6028	38	1	it	it	PRON
cana-6028	38	2	combines	combine	VERB
cana-6028	38	3	profitability	profitability	NOUN
cana-6028	38	4	,	,	PUNCT
cana-6028	38	5	leverage	leverage	NOUN
cana-6028	38	6	,	,	PUNCT
cana-6028	38	7	liquidity	liquidity	NOUN
cana-6028	38	8	,	,	PUNCT
cana-6028	38	9	solvency	solvency	NOUN
cana-6028	38	10	,	,	PUNCT
cana-6028	38	11	and	and	CCONJ
cana-6028	38	12	efficiency	efficiency	NOUN
cana-6028	38	13	ratios	ratio	NOUN
cana-6028	38	14	into	into	ADP
cana-6028	38	15	a	a	DET
cana-6028	38	16	single	single	ADJ
cana-6028	38	17	score	score	NOUN
cana-6028	38	18	with	with	ADP
cana-6028	38	19	higher	high	ADJ
cana-6028	38	20	values	value	NOUN
cana-6028	38	21	indicating	indicate	VERB
cana-6028	38	22	financial	financial	ADJ
cana-6028	38	23	stability	stability	NOUN
cana-6028	38	24	and	and	CCONJ
cana-6028	38	25	lower	low	ADJ
cana-6028	38	26	values	value	NOUN
cana-6028	38	27	signalling	signal	VERB
cana-6028	38	28	distress	distress	NOUN
cana-6028	38	29	.	.	PUNCT
cana-6028	39	1	formula	formula	NOUN
cana-6028	39	2	:	:	PUNCT
cana-6028	40	1	z	z	X
cana-6028	40	2	=	=	NUM
cana-6028	40	3	1.2x1	1.2x1	NUM
cana-6028	40	4	+1.4x2	+1.4x2	PRON
cana-6028	40	5	+3.3x3	+3.3x3	NOUN
cana-6028	40	6	+0.6x4	+0.6x4	NOUN
cana-6028	40	7	+1.0x5	+1.0x5	NOUN
cana-6028	40	8	(	(	PUNCT
cana-6028	40	9	1	1	NUM
cana-6028	40	10	)	)	PUNCT
cana-6028	41	1	where	where	SCONJ
cana-6028	41	2	:	:	PUNCT
cana-6028	41	3	•	•	X
cana-6028	41	4	x1	x1	PROPN
cana-6028	41	5	=	=	NUM
cana-6028	41	6	working	work	VERB
cana-6028	41	7	capital	capital	NOUN
cana-6028	41	8	/	/	SYM
cana-6028	41	9	total	total	ADJ
cana-6028	41	10	assets	asset	NOUN
cana-6028	41	11	•	•	NOUN
cana-6028	41	12	x2	x2	PROPN
cana-6028	42	1	=	=	NUM
cana-6028	42	2	retained	retain	VERB
cana-6028	42	3	earnings	earning	NOUN
cana-6028	42	4	/	/	SYM
cana-6028	42	5	total	total	ADJ
cana-6028	42	6	assets	asset	NOUN
cana-6028	42	7	•	•	NOUN
cana-6028	42	8	x3	x3	ADV
cana-6028	43	1	=	=	NOUN
cana-6028	43	2	1ebit	1ebit	NUM
cana-6028	43	3	/	/	SYM
cana-6028	43	4	total	total	ADJ
cana-6028	43	5	assets	asset	NOUN
cana-6028	43	6	•	•	NOUN
cana-6028	43	7	x4	x4	NOUN
cana-6028	44	1	=	=	NOUN
cana-6028	44	2	market	market	NOUN
cana-6028	44	3	value	value	NOUN
cana-6028	44	4	of	of	ADP
cana-6028	44	5	equity	equity	NOUN
cana-6028	44	6	/	/	SYM
cana-6028	44	7	total	total	ADJ
cana-6028	44	8	liabilities	liability	NOUN
cana-6028	44	9	•	•	NOUN
cana-6028	44	10	x5	x5	NOUN
cana-6028	44	11	=	=	NOUN
cana-6028	44	12	sales	sale	NOUN
cana-6028	44	13	/	/	SYM
cana-6028	44	14	total	total	ADJ
cana-6028	44	15	assets	asset	NOUN
cana-6028	44	16	research	research	NOUN
cana-6028	44	17	studies	study	NOUN
cana-6028	44	18	and	and	CCONJ
cana-6028	44	19	literature	literature	NOUN
cana-6028	44	20	:	:	PUNCT
cana-6028	44	21	•	•	ADP
cana-6028	44	22	this	this	DET
cana-6028	44	23	[	[	X
cana-6028	44	24	2	2	NUM
cana-6028	44	25	]	]	PUNCT
cana-6028	44	26	paper	paper	NOUN
cana-6028	44	27	introduced	introduce	VERB
cana-6028	44	28	the	the	DET
cana-6028	44	29	altman	altman	PROPN
cana-6028	44	30	z	z	PROPN
cana-6028	44	31	-	-	PUNCT
cana-6028	44	32	score	score	NOUN
cana-6028	44	33	,	,	PUNCT
cana-6028	44	34	a	a	DET
cana-6028	44	35	model	model	NOUN
cana-6028	44	36	that	that	PRON
cana-6028	44	37	uses	use	VERB
cana-6028	44	38	discriminant	discriminant	ADJ
cana-6028	44	39	analysis	analysis	NOUN
cana-6028	44	40	to	to	PART
cana-6028	44	41	predict	predict	VERB
cana-6028	44	42	corporate	corporate	ADJ
cana-6028	44	43	bankruptcy	bankruptcy	NOUN
cana-6028	44	44	.	.	PUNCT
cana-6028	45	1	it	it	PRON
cana-6028	45	2	combines	combine	VERB
cana-6028	45	3	five	five	NUM
cana-6028	45	4	financial	financial	ADJ
cana-6028	45	5	ratios	ratio	NOUN
cana-6028	45	6	:	:	PUNCT
cana-6028	45	7	profitability	profitability	NOUN
cana-6028	45	8	,	,	PUNCT
cana-6028	45	9	leverage	leverage	NOUN
cana-6028	45	10	,	,	PUNCT
cana-6028	45	11	liquidity	liquidity	NOUN
cana-6028	45	12	,	,	PUNCT
cana-6028	45	13	solvency	solvency	NOUN
cana-6028	45	14	and	and	CCONJ
cana-6028	45	15	efficiency	efficiency	NOUN
cana-6028	45	16	;	;	PUNCT
cana-6028	45	17	into	into	ADP
cana-6028	45	18	a	a	DET
cana-6028	45	19	single	single	ADJ
cana-6028	45	20	score	score	NOUN
cana-6028	45	21	to	to	PART
cana-6028	45	22	assess	assess	VERB
cana-6028	45	23	distress	distress	NOUN
cana-6028	45	24	risk	risk	NOUN
cana-6028	45	25	.	.	PUNCT
cana-6028	46	1	the	the	DET
cana-6028	46	2	model	model	NOUN
cana-6028	46	3	was	be	AUX
cana-6028	46	4	widely	widely	ADV
cana-6028	46	5	applied	apply	VERB
cana-6028	46	6	in	in	ADP
cana-6028	46	7	the	the	DET
cana-6028	46	8	evaluation	evaluation	NOUN
cana-6028	46	9	of	of	ADP
cana-6028	46	10	credit	credit	NOUN
cana-6028	46	11	risk	risk	NOUN
cana-6028	46	12	and	and	CCONJ
cana-6028	46	13	in	in	ADP
cana-6028	46	14	the	the	DET
cana-6028	46	15	evaluation	evaluation	NOUN
cana-6028	46	16	of	of	ADP
cana-6028	46	17	corporate	corporate	ADJ
cana-6028	46	18	stability	stability	NOUN
cana-6028	46	19	.	.	PUNCT
cana-6028	47	1	limitations	limitation	NOUN
cana-6028	47	2	:	:	PUNCT
cana-6028	47	3	while	while	SCONJ
cana-6028	47	4	being	be	AUX
cana-6028	47	5	effective	effective	ADJ
cana-6028	47	6	in	in	ADP
cana-6028	47	7	detecting	detect	VERB
cana-6028	47	8	financially	financially	ADV
cana-6028	47	9	distressed	distressed	ADJ
cana-6028	47	10	firms	firm	NOUN
cana-6028	47	11	,	,	PUNCT
cana-6028	47	12	the	the	DET
cana-6028	47	13	z	z	NOUN
cana-6028	47	14	-	-	PUNCT
cana-6028	47	15	score	score	NOUN
cana-6028	47	16	mainly	mainly	ADV
cana-6028	47	17	predicts	predict	VERB
cana-6028	47	18	bankruptcy	bankruptcy	NOUN
cana-6028	47	19	rather	rather	ADV
cana-6028	47	20	than	than	ADP
cana-6028	47	21	assessing	assess	VERB
cana-6028	47	22	general	general	ADJ
cana-6028	47	23	financial	financial	ADJ
cana-6028	47	24	strength	strength	NOUN
cana-6028	47	25	.	.	PUNCT
cana-6028	48	1	it	it	PRON
cana-6028	48	2	suits	suit	VERB
cana-6028	48	3	manufacturing	manufacture	VERB
cana-6028	48	4	firms	firm	NOUN
cana-6028	48	5	more	more	ADJ
cana-6028	48	6	than	than	ADP
cana-6028	48	7	service	service	NOUN
cana-6028	48	8	-	-	PUNCT
cana-6028	48	9	based	base	VERB
cana-6028	48	10	industries	industry	NOUN
cana-6028	48	11	,	,	PUNCT
cana-6028	48	12	where	where	SCONJ
cana-6028	48	13	piotroski	piotroski	NOUN
cana-6028	48	14	’s	’s	PART
cana-6028	48	15	broader	broad	ADJ
cana-6028	48	16	evaluation	evaluation	NOUN
cana-6028	48	17	is	be	AUX
cana-6028	48	18	more	more	ADV
cana-6028	48	19	effective	effective	ADJ
cana-6028	48	20	.	.	PUNCT
cana-6028	49	1	•	•	NUM
cana-6028	49	2	this	this	DET
cana-6028	49	3	[	[	X
cana-6028	49	4	3	3	NUM
cana-6028	49	5	]	]	X
cana-6028	49	6	paper	paper	NOUN
cana-6028	49	7	assessed	assess	VERB
cana-6028	49	8	the	the	DET
cana-6028	49	9	financial	financial	ADJ
cana-6028	49	10	health	health	NOUN
cana-6028	49	11	of	of	ADP
cana-6028	49	12	nifty	nifty	ADJ
cana-6028	49	13	50	50	NUM
cana-6028	49	14	companies	company	NOUN
cana-6028	49	15	(	(	PUNCT
cana-6028	49	16	excluding	exclude	VERB
cana-6028	49	17	banking	banking	NOUN
cana-6028	49	18	and	and	CCONJ
cana-6028	49	19	financial	financial	ADJ
cana-6028	49	20	firms	firm	NOUN
cana-6028	49	21	)	)	PUNCT
cana-6028	49	22	using	use	VERB
cana-6028	49	23	the	the	DET
cana-6028	49	24	altman	altman	PROPN
cana-6028	49	25	z	z	PROPN
cana-6028	49	26	-	-	PUNCT
cana-6028	49	27	score	score	NOUN
cana-6028	49	28	.	.	PUNCT
cana-6028	50	1	firms	firm	NOUN
cana-6028	50	2	were	be	AUX
cana-6028	50	3	categorized	categorize	VERB
cana-6028	50	4	into	into	ADP
cana-6028	50	5	safe	safe	ADJ
cana-6028	50	6	,	,	PUNCT
cana-6028	50	7	gray	gray	ADJ
cana-6028	50	8	,	,	PUNCT
cana-6028	50	9	and	and	CCONJ
cana-6028	50	10	distress	distress	NOUN
cana-6028	50	11	zones	zone	NOUN
cana-6028	50	12	according	accord	VERB
cana-6028	50	13	to	to	ADP
cana-6028	50	14	the	the	DET
cana-6028	50	15	likelihood	likelihood	NOUN
cana-6028	50	16	of	of	ADP
cana-6028	50	17	bankruptcy	bankruptcy	NOUN
cana-6028	50	18	.	.	PUNCT
cana-6028	51	1	limitations	limitation	NOUN
cana-6028	51	2	:	:	PUNCT
cana-6028	51	3	although	although	SCONJ
cana-6028	51	4	the	the	DET
cana-6028	51	5	study	study	NOUN
cana-6028	51	6	provides	provide	VERB
cana-6028	51	7	solvency	solvency	NOUN
cana-6028	51	8	insights	insight	NOUN
cana-6028	51	9	,	,	PUNCT
cana-6028	51	10	its	its	PRON
cana-6028	51	11	focus	focus	NOUN
cana-6028	51	12	on	on	ADP
cana-6028	51	13	distress	distress	NOUN
cana-6028	51	14	prediction	prediction	NOUN
cana-6028	51	15	limits	limit	VERB
cana-6028	51	16	its	its	PRON
cana-6028	51	17	use	use	NOUN
cana-6028	51	18	for	for	ADP
cana-6028	51	19	long	long	ADJ
cana-6028	51	20	-	-	PUNCT
cana-6028	51	21	term	term	NOUN
cana-6028	51	22	investment	investment	NOUN
cana-6028	51	23	strategies	strategy	NOUN
cana-6028	51	24	the	the	DET
cana-6028	51	25	exclusion	exclusion	NOUN
cana-6028	51	26	of	of	ADP
cana-6028	51	27	financial	financial	ADJ
cana-6028	51	28	firms	firm	NOUN
cana-6028	51	29	also	also	ADV
cana-6028	51	30	narrows	narrow	VERB
cana-6028	51	31	the	the	DET
cana-6028	51	32	z	z	NOUN
cana-6028	51	33	-	-	PUNCT
cana-6028	51	34	score	score	NOUN
cana-6028	51	35	,	,	PUNCT
cana-6028	51	36	while	while	SCONJ
cana-6028	51	37	piotroski	piotroski	ADJ
cana-6028	51	38	’s	’s	PART
cana-6028	51	39	model	model	NOUN
cana-6028	51	40	suits	suit	NOUN
cana-6028	51	41	diverse	diverse	ADJ
cana-6028	51	42	sectors	sector	NOUN
cana-6028	51	43	,	,	PUNCT
cana-6028	51	44	highlighting	highlight	VERB
cana-6028	51	45	fundamentally	fundamentally	ADV
cana-6028	51	46	strong	strong	ADJ
cana-6028	51	47	stocks	stock	NOUN
cana-6028	51	48	with	with	ADP
cana-6028	51	49	investment	investment	NOUN
cana-6028	51	50	potential	potential	NOUN
cana-6028	51	51	.	.	PUNCT
cana-6028	52	1	https://internationalpubls.com/	https://internationalpubls.com/	ADJ
cana-6028	52	2	communications	communication	NOUN
cana-6028	52	3	on	on	ADP
cana-6028	52	4	applied	apply	VERB
cana-6028	52	5	nonlinear	nonlinear	ADJ
cana-6028	52	6	analysis	analysis	NOUN
cana-6028	52	7	issn	issn	NOUN
cana-6028	52	8	:	:	PUNCT
cana-6028	52	9	1074	1074	NUM
cana-6028	52	10	-	-	PUNCT
cana-6028	52	11	133x	133x	NUM
cana-6028	52	12	vol	vol	NOUN
cana-6028	52	13	32	32	NUM
cana-6028	52	14	no	no	NOUN
cana-6028	52	15	.	.	PUNCT
cana-6028	53	1	9s	9s	NUM
cana-6028	53	2	(	(	PUNCT
cana-6028	53	3	2025	2025	NUM
cana-6028	53	4	)	)	PUNCT
cana-6028	54	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	54	2	3230	3230	NUM
cana-6028	54	3	•	•	NUM
cana-6028	54	4	this	this	PRON
cana-6028	54	5	[	[	X
cana-6028	54	6	4	4	NUM
cana-6028	54	7	]	]	X
cana-6028	54	8	paper	paper	NOUN
cana-6028	54	9	reevaluated	reevaluate	VERB
cana-6028	54	10	the	the	DET
cana-6028	54	11	altman	altman	PROPN
cana-6028	54	12	z	z	PROPN
cana-6028	54	13	-	-	PUNCT
cana-6028	54	14	score	score	NOUN
cana-6028	54	15	to	to	PART
cana-6028	54	16	predict	predict	VERB
cana-6028	54	17	financial	financial	ADJ
cana-6028	54	18	stability	stability	NOUN
cana-6028	54	19	in	in	ADP
cana-6028	54	20	select	select	ADJ
cana-6028	54	21	bse-30	bse-30	NOUN
cana-6028	54	22	companies	company	NOUN
cana-6028	54	23	over	over	ADP
cana-6028	54	24	five	five	NUM
cana-6028	54	25	years	year	NOUN
cana-6028	54	26	.	.	PUNCT
cana-6028	55	1	firms	firm	NOUN
cana-6028	55	2	were	be	AUX
cana-6028	55	3	classified	classify	VERB
cana-6028	55	4	as	as	ADP
cana-6028	55	5	healthy	healthy	ADJ
cana-6028	55	6	or	or	CCONJ
cana-6028	55	7	unstable	unstable	ADJ
cana-6028	55	8	based	base	VERB
cana-6028	55	9	on	on	ADP
cana-6028	55	10	z	z	NOUN
cana-6028	55	11	-	-	PUNCT
cana-6028	55	12	scores	score	NOUN
cana-6028	55	13	with	with	ADP
cana-6028	55	14	statistical	statistical	ADJ
cana-6028	55	15	tests	test	NOUN
cana-6028	55	16	applied	apply	VERB
cana-6028	55	17	to	to	PART
cana-6028	55	18	track	track	VERB
cana-6028	55	19	changes	change	NOUN
cana-6028	55	20	in	in	ADP
cana-6028	55	21	financial	financial	ADJ
cana-6028	55	22	stability	stability	NOUN
cana-6028	55	23	.	.	PUNCT
cana-6028	56	1	limitations	limitation	NOUN
cana-6028	56	2	:	:	PUNCT
cana-6028	56	3	though	though	SCONJ
cana-6028	56	4	validating	validate	VERB
cana-6028	56	5	the	the	DET
cana-6028	56	6	z	z	NOUN
cana-6028	56	7	-	-	PUNCT
cana-6028	56	8	score	score	NOUN
cana-6028	56	9	’s	’s	PART
cana-6028	56	10	effectiveness	effectiveness	NOUN
cana-6028	56	11	in	in	ADP
cana-6028	56	12	assessing	assess	VERB
cana-6028	56	13	stability	stability	NOUN
cana-6028	56	14	,	,	PUNCT
cana-6028	56	15	the	the	DET
cana-6028	56	16	model	model	NOUN
cana-6028	56	17	’s	’s	PART
cana-6028	56	18	dependence	dependence	NOUN
cana-6028	56	19	on	on	ADP
cana-6028	56	20	historical	historical	ADJ
cana-6028	56	21	data	datum	NOUN
cana-6028	56	22	limits	limit	VERB
cana-6028	56	23	its	its	PRON
cana-6028	56	24	relevance	relevance	NOUN
cana-6028	56	25	for	for	ADP
cana-6028	56	26	long	long	ADJ
cana-6028	56	27	-	-	PUNCT
cana-6028	56	28	term	term	NOUN
cana-6028	56	29	stock	stock	NOUN
cana-6028	56	30	selection	selection	NOUN
cana-6028	56	31	.	.	PUNCT
cana-6028	57	1	the	the	DET
cana-6028	57	2	z	z	NOUN
cana-6028	57	3	-	-	PUNCT
cana-6028	57	4	score	score	NOUN
cana-6028	57	5	focuses	focus	VERB
cana-6028	57	6	on	on	ADP
cana-6028	57	7	short	short	ADJ
cana-6028	57	8	-	-	PUNCT
cana-6028	57	9	term	term	NOUN
cana-6028	57	10	distress	distress	NOUN
cana-6028	57	11	.	.	PUNCT
cana-6028	58	1	piotroski	piotroski	PROPN
cana-6028	58	2	’s	’s	PART
cana-6028	58	3	model	model	NOUN
cana-6028	58	4	supports	support	VERB
cana-6028	58	5	value	value	NOUN
cana-6028	58	6	investing	investing	NOUN
cana-6028	58	7	and	and	CCONJ
cana-6028	58	8	long	long	ADJ
cana-6028	58	9	-	-	PUNCT
cana-6028	58	10	term	term	NOUN
cana-6028	58	11	performance	performance	NOUN
cana-6028	58	12	analysis	analysis	NOUN
cana-6028	58	13	that	that	PRON
cana-6028	58	14	adjusts	adjust	VERB
cana-6028	58	15	to	to	ADP
cana-6028	58	16	fundamental	fundamental	ADJ
cana-6028	58	17	changes	change	NOUN
cana-6028	58	18	,	,	PUNCT
cana-6028	58	19	providing	provide	VERB
cana-6028	58	20	broader	broad	ADJ
cana-6028	58	21	insights	insight	NOUN
cana-6028	58	22	into	into	ADP
cana-6028	58	23	firm	firm	ADJ
cana-6028	58	24	strength	strength	NOUN
cana-6028	58	25	.	.	PUNCT
cana-6028	59	1	2.2	2.2	NUM
cana-6028	59	2	.	.	PUNCT
cana-6028	60	1	graham	graham	PROPN
cana-6028	60	2	number	number	PROPN
cana-6028	60	3	the	the	DET
cana-6028	60	4	graham	graham	PROPN
cana-6028	60	5	number	number	NOUN
cana-6028	60	6	,	,	PUNCT
cana-6028	60	7	also	also	ADV
cana-6028	60	8	called	call	VERB
cana-6028	60	9	the	the	DET
cana-6028	60	10	graham	graham	PROPN
cana-6028	60	11	score	score	NOUN
cana-6028	60	12	,	,	PUNCT
cana-6028	60	13	is	be	AUX
cana-6028	60	14	a	a	DET
cana-6028	60	15	valuation	valuation	NOUN
cana-6028	60	16	metric	metric	NOUN
cana-6028	60	17	used	use	VERB
cana-6028	60	18	in	in	ADP
cana-6028	60	19	value	value	NOUN
cana-6028	60	20	investing	invest	VERB
cana-6028	60	21	to	to	PART
cana-6028	60	22	find	find	VERB
cana-6028	60	23	the	the	DET
cana-6028	60	24	maximum	maximum	ADJ
cana-6028	60	25	fair	fair	ADJ
cana-6028	60	26	price	price	NOUN
cana-6028	60	27	that	that	PRON
cana-6028	60	28	an	an	DET
cana-6028	60	29	investor	investor	NOUN
cana-6028	60	30	should	should	AUX
cana-6028	60	31	pay	pay	VERB
cana-6028	60	32	for	for	ADP
cana-6028	60	33	a	a	DET
cana-6028	60	34	stock	stock	NOUN
cana-6028	60	35	based	base	VERB
cana-6028	60	36	on	on	ADP
cana-6028	60	37	its	its	PRON
cana-6028	60	38	earnings	earning	NOUN
cana-6028	60	39	and	and	CCONJ
cana-6028	60	40	book	book	NOUN
cana-6028	60	41	value	value	NOUN
cana-6028	60	42	.	.	PUNCT
cana-6028	61	1	it	it	PRON
cana-6028	61	2	offers	offer	VERB
cana-6028	61	3	a	a	DET
cana-6028	61	4	conservative	conservative	ADJ
cana-6028	61	5	estimate	estimate	NOUN
cana-6028	61	6	of	of	ADP
cana-6028	61	7	intrinsic	intrinsic	ADJ
cana-6028	61	8	value	value	NOUN
cana-6028	61	9	to	to	PART
cana-6028	61	10	help	help	VERB
cana-6028	61	11	investors	investor	NOUN
cana-6028	61	12	avoid	avoid	VERB
cana-6028	61	13	overpaying	overpay	VERB
cana-6028	61	14	for	for	ADP
cana-6028	61	15	weak	weak	ADJ
cana-6028	61	16	companies	company	NOUN
cana-6028	61	17	.	.	PUNCT
cana-6028	62	1	formula	formula	NOUN
cana-6028	62	2	:	:	PUNCT
cana-6028	62	3	graham	graham	PROPN
cana-6028	62	4	number	number	NOUN
cana-6028	62	5	=	=	SYM
cana-6028	62	6	√22.5	√22.5	X
cana-6028	63	1	×	×	PROPN
cana-6028	63	2	𝐸𝑎𝑟𝑛𝑖𝑛𝑔𝑠	𝐸𝑎𝑟𝑛𝑖𝑛𝑔𝑠	PROPN
cana-6028	63	3	𝑃𝑒𝑟	𝑃𝑒𝑟	PROPN
cana-6028	63	4	𝑆ℎ𝑎𝑟𝑒	𝑆ℎ𝑎𝑟𝑒	PROPN
cana-6028	63	5	×	×	PROPN
cana-6028	63	6	𝐵𝑜𝑜𝑘	𝐵𝑜𝑜𝑘	PROPN
cana-6028	63	7	𝑉𝑎𝑙𝑢𝑒	𝑉𝑎𝑙𝑢𝑒	PROPN
cana-6028	63	8	𝑃𝑒𝑟	𝑃𝑒𝑟	PROPN
cana-6028	63	9	𝑆ℎ𝑎𝑟𝑒	𝑆ℎ𝑎𝑟𝑒	PROPN
cana-6028	63	10	(	(	PUNCT
cana-6028	63	11	2	2	NUM
cana-6028	63	12	)	)	PUNCT
cana-6028	63	13	research	research	NOUN
cana-6028	63	14	studies	study	NOUN
cana-6028	63	15	and	and	CCONJ
cana-6028	63	16	literature	literature	NOUN
cana-6028	63	17	:	:	PUNCT
cana-6028	63	18	•	•	ADP
cana-6028	63	19	the	the	DET
cana-6028	63	20	book	book	NOUN
cana-6028	63	21	[	[	X
cana-6028	63	22	5	5	NUM
cana-6028	63	23	]	]	PUNCT
cana-6028	63	24	graham	graham	PROPN
cana-6028	63	25	’s	’s	PART
cana-6028	63	26	number	number	NOUN
cana-6028	63	27	,	,	PUNCT
cana-6028	63	28	explained	explain	VERB
cana-6028	63	29	in	in	ADP
cana-6028	63	30	the	the	DET
cana-6028	63	31	intelligent	intelligent	ADJ
cana-6028	63	32	investor	investor	NOUN
cana-6028	63	33	serves	serve	VERB
cana-6028	63	34	as	as	ADP
cana-6028	63	35	a	a	DET
cana-6028	63	36	practical	practical	ADJ
cana-6028	63	37	tool	tool	NOUN
cana-6028	63	38	for	for	ADP
cana-6028	63	39	value	value	NOUN
cana-6028	63	40	investors	investor	NOUN
cana-6028	63	41	to	to	PART
cana-6028	63	42	determine	determine	VERB
cana-6028	63	43	the	the	DET
cana-6028	63	44	fair	fair	ADJ
cana-6028	63	45	price	price	NOUN
cana-6028	63	46	of	of	ADP
cana-6028	63	47	a	a	DET
cana-6028	63	48	stock	stock	NOUN
cana-6028	63	49	using	use	VERB
cana-6028	63	50	earnings	earning	NOUN
cana-6028	63	51	and	and	CCONJ
cana-6028	63	52	the	the	DET
cana-6028	63	53	book	book	NOUN
cana-6028	63	54	value	value	NOUN
cana-6028	63	55	per	per	ADP
cana-6028	63	56	share	share	NOUN
cana-6028	63	57	.	.	PUNCT
cana-6028	64	1	this	this	DET
cana-6028	64	2	conservative	conservative	ADJ
cana-6028	64	3	formula	formula	NOUN
cana-6028	64	4	-	-	PUNCT
cana-6028	64	5	driven	drive	VERB
cana-6028	64	6	approach	approach	NOUN
cana-6028	64	7	makes	make	VERB
cana-6028	64	8	value	value	NOUN
cana-6028	64	9	investing	invest	VERB
cana-6028	64	10	more	more	ADV
cana-6028	64	11	systematic	systematic	ADJ
cana-6028	64	12	and	and	CCONJ
cana-6028	64	13	accessible	accessible	ADJ
cana-6028	64	14	.	.	PUNCT
cana-6028	65	1	limitations	limitation	NOUN
cana-6028	65	2	:	:	PUNCT
cana-6028	65	3	graham	graham	PROPN
cana-6028	65	4	’s	’s	PART
cana-6028	65	5	number	number	NOUN
cana-6028	65	6	ignores	ignore	VERB
cana-6028	65	7	trends	trend	NOUN
cana-6028	65	8	,	,	PUNCT
cana-6028	65	9	leverage	leverage	NOUN
cana-6028	65	10	,	,	PUNCT
cana-6028	65	11	liquidity	liquidity	NOUN
cana-6028	65	12	,	,	PUNCT
cana-6028	65	13	and	and	CCONJ
cana-6028	65	14	efficiency	efficiency	NOUN
cana-6028	65	15	.	.	PUNCT
cana-6028	66	1	it	it	PRON
cana-6028	66	2	also	also	ADV
cana-6028	66	3	assumes	assume	VERB
cana-6028	66	4	static	static	ADJ
cana-6028	66	5	conditions	condition	NOUN
cana-6028	66	6	,	,	PUNCT
cana-6028	66	7	while	while	SCONJ
cana-6028	66	8	piotroski	piotroski	ADJ
cana-6028	66	9	uses	use	VERB
cana-6028	66	10	broader	broad	ADJ
cana-6028	66	11	financial	financial	ADJ
cana-6028	66	12	indicators	indicator	NOUN
cana-6028	66	13	that	that	PRON
cana-6028	66	14	reflect	reflect	VERB
cana-6028	66	15	changes	change	NOUN
cana-6028	66	16	in	in	ADP
cana-6028	66	17	the	the	DET
cana-6028	66	18	fundamentals	fundamental	NOUN
cana-6028	66	19	of	of	ADP
cana-6028	66	20	a	a	DET
cana-6028	66	21	company	company	NOUN
cana-6028	66	22	,	,	PUNCT
cana-6028	66	23	making	make	VERB
cana-6028	66	24	it	it	PRON
cana-6028	66	25	more	more	ADV
cana-6028	66	26	adaptable	adaptable	ADJ
cana-6028	66	27	to	to	ADP
cana-6028	66	28	modern	modern	ADJ
cana-6028	66	29	investing	investing	NOUN
cana-6028	66	30	.	.	PUNCT
cana-6028	67	1	•	•	NUM
cana-6028	67	2	this	this	PRON
cana-6028	67	3	[	[	X
cana-6028	67	4	6	6	NUM
cana-6028	67	5	]	]	PUNCT
cana-6028	67	6	study	study	NOUN
cana-6028	67	7	evaluated	evaluate	VERB
cana-6028	67	8	graham	graham	PROPN
cana-6028	67	9	’s	’s	PART
cana-6028	67	10	formula	formula	NOUN
cana-6028	67	11	by	by	ADP
cana-6028	67	12	applying	apply	VERB
cana-6028	67	13	it	it	PRON
cana-6028	67	14	to	to	ADP
cana-6028	67	15	2dow	2dow	NUM
cana-6028	67	16	jones	jones	PROPN
cana-6028	67	17	industrial	industrial	ADJ
cana-6028	67	18	average	average	PROPN
cana-6028	67	19	(	(	PUNCT
cana-6028	67	20	djia	djia	NOUN
cana-6028	67	21	)	)	PUNCT
cana-6028	67	22	stocks	stock	NOUN
cana-6028	67	23	over	over	ADP
cana-6028	67	24	17	17	NUM
cana-6028	67	25	years	year	NOUN
cana-6028	67	26	.	.	PUNCT
cana-6028	68	1	the	the	DET
cana-6028	68	2	study	study	NOUN
cana-6028	68	3	found	find	VERB
cana-6028	68	4	that	that	SCONJ
cana-6028	68	5	portfolios	portfolio	NOUN
cana-6028	68	6	based	base	VERB
cana-6028	68	7	on	on	ADP
cana-6028	68	8	this	this	DET
cana-6028	68	9	formula	formula	NOUN
cana-6028	68	10	earned	earn	VERB
cana-6028	68	11	higher	high	ADJ
cana-6028	68	12	returns	return	NOUN
cana-6028	68	13	,	,	PUNCT
cana-6028	68	14	especially	especially	ADV
cana-6028	68	15	when	when	SCONJ
cana-6028	68	16	a	a	DET
cana-6028	68	17	larger	large	ADJ
cana-6028	68	18	margin	margin	NOUN
cana-6028	68	19	of	of	ADP
cana-6028	68	20	safety	safety	NOUN
cana-6028	68	21	was	be	AUX
cana-6028	68	22	applied	apply	VERB
cana-6028	68	23	.	.	PUNCT
cana-6028	69	1	limitations	limitation	NOUN
cana-6028	69	2	:	:	PUNCT
cana-6028	69	3	though	though	SCONJ
cana-6028	69	4	effective	effective	ADJ
cana-6028	69	5	in	in	ADP
cana-6028	69	6	finding	find	VERB
cana-6028	69	7	undervalued	undervalue	VERB
cana-6028	69	8	stocks	stock	NOUN
cana-6028	69	9	,	,	PUNCT
cana-6028	69	10	graham	graham	PROPN
cana-6028	69	11	’s	’s	PART
cana-6028	69	12	formula	formula	NOUN
cana-6028	69	13	relies	rely	VERB
cana-6028	69	14	on	on	ADP
cana-6028	69	15	static	static	ADJ
cana-6028	69	16	inputs	input	NOUN
cana-6028	69	17	and	and	CCONJ
cana-6028	69	18	can	can	AUX
cana-6028	69	19	not	not	PART
cana-6028	69	20	adjust	adjust	VERB
cana-6028	69	21	to	to	ADP
cana-6028	69	22	market	market	NOUN
cana-6028	69	23	changes	change	NOUN
cana-6028	69	24	.	.	PUNCT
cana-6028	70	1	it	it	PRON
cana-6028	70	2	lacks	lack	VERB
cana-6028	70	3	depth	depth	NOUN
cana-6028	70	4	in	in	ADP
cana-6028	70	5	evaluating	evaluate	VERB
cana-6028	70	6	profitability	profitability	NOUN
cana-6028	70	7	and	and	CCONJ
cana-6028	70	8	financial	financial	ADJ
cana-6028	70	9	strength	strength	NOUN
cana-6028	70	10	.	.	PUNCT
cana-6028	71	1	the	the	DET
cana-6028	71	2	study	study	NOUN
cana-6028	71	3	’s	’s	PART
cana-6028	71	4	annual	annual	ADJ
cana-6028	71	5	rebalancing	rebalancing	NOUN
cana-6028	71	6	assumption	assumption	NOUN
cana-6028	71	7	also	also	ADV
cana-6028	71	8	limits	limit	VERB
cana-6028	71	9	flexibility	flexibility	NOUN
cana-6028	71	10	,	,	PUNCT
cana-6028	71	11	while	while	SCONJ
cana-6028	71	12	piotroski	piotroski	ADJ
cana-6028	71	13	allows	allow	VERB
cana-6028	71	14	more	more	ADV
cana-6028	71	15	responsive	responsive	ADJ
cana-6028	71	16	strategies	strategy	NOUN
cana-6028	71	17	using	use	VERB
cana-6028	71	18	multiple	multiple	ADJ
cana-6028	71	19	dynamic	dynamic	ADJ
cana-6028	71	20	indicators	indicator	NOUN
cana-6028	71	21	.	.	PUNCT
cana-6028	72	1	•	•	NUM
cana-6028	72	2	this	this	PRON
cana-6028	72	3	[	[	X
cana-6028	72	4	7	7	NUM
cana-6028	72	5	]	]	PUNCT
cana-6028	72	6	study	study	NOUN
cana-6028	72	7	tested	test	VERB
cana-6028	72	8	graham	graham	PROPN
cana-6028	72	9	’s	’s	PART
cana-6028	72	10	approach	approach	NOUN
cana-6028	72	11	in	in	ADP
cana-6028	72	12	the	the	DET
cana-6028	72	13	indian	indian	ADJ
cana-6028	72	14	stock	stock	NOUN
cana-6028	72	15	market	market	NOUN
cana-6028	72	16	by	by	ADP
cana-6028	72	17	analysing	analyse	VERB
cana-6028	72	18	the	the	DET
cana-6028	72	19	price	price	NOUN
cana-6028	72	20	-	-	PUNCT
cana-6028	72	21	to	to	ADP
cana-6028	72	22	-	-	PUNCT
cana-6028	72	23	book	book	NOUN
cana-6028	72	24	ratios	ratio	NOUN
cana-6028	72	25	(	(	PUNCT
cana-6028	72	26	p	p	X
cana-6028	72	27	/	/	SYM
cana-6028	72	28	b	b	NOUN
cana-6028	72	29	)	)	PUNCT
cana-6028	72	30	of	of	ADP
cana-6028	72	31	nse	nse	NOUN
cana-6028	72	32	-	-	PUNCT
cana-6028	72	33	listed	list	VERB
cana-6028	72	34	stocks	stock	NOUN
cana-6028	72	35	in	in	ADP
cana-6028	72	36	the	the	DET
cana-6028	72	37	automotive	automotive	ADJ
cana-6028	72	38	,	,	PUNCT
cana-6028	72	39	pharmaceutical	pharmaceutical	NOUN
cana-6028	72	40	,	,	PUNCT
cana-6028	72	41	it	it	PRON
cana-6028	72	42	and	and	CCONJ
cana-6028	72	43	energy	energy	NOUN
cana-6028	72	44	sectors	sector	NOUN
cana-6028	72	45	over	over	ADP
cana-6028	72	46	ten	ten	NUM
cana-6028	72	47	years	year	NOUN
cana-6028	72	48	.	.	PUNCT
cana-6028	73	1	the	the	DET
cana-6028	73	2	study	study	NOUN
cana-6028	73	3	found	find	VERB
cana-6028	73	4	that	that	SCONJ
cana-6028	73	5	low	low	ADJ
cana-6028	73	6	p	p	PROPN
cana-6028	73	7	/	/	SYM
cana-6028	73	8	b	b	NOUN
cana-6028	73	9	stocks	stock	NOUN
cana-6028	73	10	did	do	AUX
cana-6028	73	11	not	not	PART
cana-6028	73	12	always	always	ADV
cana-6028	73	13	outperform	outperform	VERB
cana-6028	73	14	sector	sector	NOUN
cana-6028	73	15	averages	average	NOUN
cana-6028	73	16	raising	raise	VERB
cana-6028	73	17	doubts	doubt	NOUN
cana-6028	73	18	about	about	ADP
cana-6028	73	19	graham	graham	PROPN
cana-6028	73	20	’s	’s	PART
cana-6028	73	21	method	method	NOUN
cana-6028	73	22	in	in	ADP
cana-6028	73	23	this	this	DET
cana-6028	73	24	market	market	NOUN
cana-6028	73	25	.	.	PUNCT
cana-6028	74	1	limitations	limitation	NOUN
cana-6028	74	2	:	:	PUNCT
cana-6028	74	3	relying	rely	VERB
cana-6028	74	4	solely	solely	ADV
cana-6028	74	5	on	on	ADP
cana-6028	74	6	the	the	DET
cana-6028	74	7	p	p	PROPN
cana-6028	74	8	/	/	SYM
cana-6028	74	9	b	b	NOUN
cana-6028	74	10	ratio	ratio	NOUN
cana-6028	74	11	limits	limit	VERB
cana-6028	74	12	financial	financial	ADJ
cana-6028	74	13	evaluation	evaluation	NOUN
cana-6028	74	14	,	,	PUNCT
cana-6028	74	15	while	while	SCONJ
cana-6028	74	16	piotroski	piotroski	ADJ
cana-6028	74	17	’s	’s	PART
cana-6028	74	18	multifactor	multifactor	NOUN
cana-6028	74	19	model	model	NOUN
cana-6028	74	20	better	well	ADV
cana-6028	74	21	identifies	identify	VERB
cana-6028	74	22	strong	strong	ADJ
cana-6028	74	23	firms	firm	NOUN
cana-6028	74	24	.	.	PUNCT
cana-6028	75	1	this	this	DET
cana-6028	75	2	study	study	NOUN
cana-6028	75	3	misses	miss	VERB
cana-6028	75	4	aspects	aspect	NOUN
cana-6028	75	5	such	such	ADJ
cana-6028	75	6	as	as	ADP
cana-6028	75	7	growth	growth	NOUN
cana-6028	75	8	and	and	CCONJ
cana-6028	75	9	distress	distress	NOUN
cana-6028	75	10	risk	risk	NOUN
cana-6028	75	11	that	that	PRON
cana-6028	75	12	affect	affect	VERB
cana-6028	75	13	its	its	PRON
cana-6028	75	14	ability	ability	NOUN
cana-6028	75	15	to	to	PART
cana-6028	75	16	find	find	VERB
cana-6028	75	17	undervalued	undervalued	ADJ
cana-6028	75	18	stocks	stock	NOUN
cana-6028	75	19	.	.	PUNCT
cana-6028	76	1	2.3	2.3	NUM
cana-6028	76	2	.	.	PUNCT
cana-6028	76	3	beneish	beneish	PROPN
cana-6028	76	4	m	m	NOUN
cana-6028	76	5	-	-	NOUN
cana-6028	76	6	score	score	VERB
cana-6028	76	7	the	the	DET
cana-6028	76	8	beneish	beneish	ADJ
cana-6028	76	9	m	m	PROPN
cana-6028	76	10	-	-	ADJ
cana-6028	76	11	score	score	NOUN
cana-6028	76	12	detects	detect	NOUN
cana-6028	76	13	earnings	earning	NOUN
cana-6028	76	14	manipulation	manipulation	NOUN
cana-6028	76	15	in	in	ADP
cana-6028	76	16	2	2	NUM
cana-6028	76	17	companies	company	NOUN
cana-6028	76	18	by	by	ADP
cana-6028	76	19	analysing	analyse	VERB
cana-6028	76	20	key	key	ADJ
cana-6028	76	21	accounting	accounting	NOUN
cana-6028	76	22	ratios	ratio	NOUN
cana-6028	76	23	.	.	PUNCT
cana-6028	77	1	it	it	PRON
cana-6028	77	2	helps	help	VERB
cana-6028	77	3	spot	spot	NOUN
cana-6028	77	4	firms	firm	NOUN
cana-6028	77	5	that	that	PRON
cana-6028	77	6	may	may	AUX
cana-6028	77	7	be	be	AUX
cana-6028	77	8	misrepresenting	misrepresent	VERB
cana-6028	77	9	financial	financial	ADJ
cana-6028	77	10	results	result	NOUN
cana-6028	77	11	based	base	VERB
cana-6028	77	12	on	on	ADP
cana-6028	77	13	unusual	unusual	ADJ
cana-6028	77	14	changes	change	NOUN
cana-6028	77	15	in	in	ADP
cana-6028	77	16	revenues	revenue	NOUN
cana-6028	77	17	,	,	PUNCT
cana-6028	77	18	expenses	expense	NOUN
cana-6028	77	19	,	,	PUNCT
cana-6028	77	20	and	and	CCONJ
cana-6028	77	21	assets	asset	NOUN
cana-6028	77	22	.	.	PUNCT
cana-6028	78	1	a	a	DET
cana-6028	78	2	higher	high	ADJ
cana-6028	78	3	score	score	NOUN
cana-6028	78	4	suggests	suggest	VERB
cana-6028	78	5	a	a	DET
cana-6028	78	6	greater	great	ADJ
cana-6028	78	7	risk	risk	NOUN
cana-6028	78	8	of	of	ADP
cana-6028	78	9	manipulation	manipulation	NOUN
cana-6028	78	10	.	.	PUNCT
cana-6028	79	1	formula	formula	NOUN
cana-6028	79	2	:	:	PUNCT
cana-6028	79	3	m=	m=	X
cana-6028	80	1	−4.84	−4.84	PROPN
cana-6028	80	2	+	+	ADJ
cana-6028	80	3	0.92×dsri	0.92×dsri	ADJ
cana-6028	80	4	+0.528×gmi	+0.528×gmi	PUNCT
cana-6028	81	1	+0.404×	+0.404×	PRON
cana-6028	81	2	aqi	aqi	NOUN
cana-6028	81	3	+0.892×sgi	+0.892×sgi	PROPN
cana-6028	81	4	+0.115×depi	+0.115×depi	PUNCT
cana-6028	81	5	−0.172×sgai	−0.172×sgai	PROPN
cana-6028	81	6	+4.679	+4.679	PROPN
cana-6028	81	7	×tata−0.327×lvgi	×tata−0.327×lvgi	VERB
cana-6028	81	8	(	(	PUNCT
cana-6028	81	9	3	3	NUM
cana-6028	81	10	)	)	PUNCT
cana-6028	82	1	where	where	SCONJ
cana-6028	82	2	:	:	PUNCT
cana-6028	82	3	•	•	NUM
cana-6028	82	4	dsri	dsri	NOUN
cana-6028	82	5	=	=	NOUN
cana-6028	82	6	days	day	NOUN
cana-6028	82	7	’	'	PUNCT
cana-6028	82	8	sales	sale	NOUN
cana-6028	82	9	in	in	ADP
cana-6028	82	10	receivables	receivables	NOUN
cana-6028	82	11	index	index	NOUN
cana-6028	82	12	•	•	ADP
cana-6028	82	13	gmi	gmi	PROPN
cana-6028	82	14	=	=	ADJ
cana-6028	82	15	gross	gross	ADJ
cana-6028	82	16	margin	margin	NOUN
cana-6028	82	17	index	index	NOUN
cana-6028	82	18	•	•	NOUN
cana-6028	82	19	aqi	aqi	NOUN
cana-6028	82	20	=	=	ADJ
cana-6028	82	21	asset	asset	NOUN
cana-6028	82	22	quality	quality	NOUN
cana-6028	82	23	index	index	NOUN
cana-6028	82	24	•	•	NOUN
cana-6028	82	25	sgi	sgi	NOUN
cana-6028	82	26	=	=	NOUN
cana-6028	82	27	sales	sale	NOUN
cana-6028	82	28	growth	growth	NOUN
cana-6028	82	29	index	index	NOUN
cana-6028	82	30	https://internationalpubls.com/	https://internationalpubls.com/	PROPN
cana-6028	82	31	communications	communication	NOUN
cana-6028	82	32	on	on	ADP
cana-6028	82	33	applied	apply	VERB
cana-6028	82	34	nonlinear	nonlinear	ADJ
cana-6028	82	35	analysis	analysis	NOUN
cana-6028	82	36	issn	issn	NOUN
cana-6028	82	37	:	:	PUNCT
cana-6028	82	38	1074	1074	NUM
cana-6028	82	39	-	-	PUNCT
cana-6028	82	40	133x	133x	NUM
cana-6028	82	41	vol	vol	NOUN
cana-6028	82	42	32	32	NUM
cana-6028	82	43	no	no	NOUN
cana-6028	82	44	.	.	PUNCT
cana-6028	83	1	9s	9s	NUM
cana-6028	83	2	(	(	PUNCT
cana-6028	83	3	2025	2025	NUM
cana-6028	83	4	)	)	PUNCT
cana-6028	84	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	84	2	3231	3231	NUM
cana-6028	84	3	•	•	NUM
cana-6028	84	4	depi	depi	NOUN
cana-6028	85	1	=	=	SYM
cana-6028	85	2	depreciation	depreciation	NOUN
cana-6028	85	3	index	index	NOUN
cana-6028	85	4	•	•	NOUN
cana-6028	85	5	sgai	sgai	NOUN
cana-6028	85	6	=	=	PUNCT
cana-6028	85	7	sales	sale	NOUN
cana-6028	85	8	,	,	PUNCT
cana-6028	85	9	general	general	ADJ
cana-6028	85	10	&	&	CCONJ
cana-6028	85	11	administrative	administrative	ADJ
cana-6028	85	12	expenses	expense	NOUN
cana-6028	85	13	index	index	NOUN
cana-6028	85	14	•	•	NOUN
cana-6028	85	15	tata	tata	NOUN
cana-6028	85	16	=	=	SYM
cana-6028	85	17	total	total	NOUN
cana-6028	85	18	accruals	accrual	NOUN
cana-6028	85	19	to	to	PART
cana-6028	85	20	total	total	ADJ
cana-6028	85	21	assets	asset	NOUN
cana-6028	85	22	•	•	ADV
cana-6028	85	23	lvgi	lvgi	NOUN
cana-6028	85	24	=	=	NOUN
cana-6028	85	25	leverage	leverage	NOUN
cana-6028	85	26	index	index	NOUN
cana-6028	85	27	research	research	NOUN
cana-6028	85	28	studies	study	NOUN
cana-6028	85	29	and	and	CCONJ
cana-6028	85	30	literature	literature	NOUN
cana-6028	85	31	:	:	PUNCT
cana-6028	85	32	•	•	ADP
cana-6028	85	33	this	this	PRON
cana-6028	85	34	[	[	X
cana-6028	85	35	8	8	NUM
cana-6028	85	36	]	]	X
cana-6028	85	37	paper	paper	NOUN
cana-6028	85	38	introduced	introduce	VERB
cana-6028	85	39	the	the	DET
cana-6028	85	40	beneish	beneish	ADJ
cana-6028	85	41	m	m	NOUN
cana-6028	85	42	-	-	NOUN
cana-6028	85	43	score	score	NOUN
cana-6028	85	44	to	to	PART
cana-6028	85	45	detect	detect	VERB
cana-6028	85	46	earnings	earning	NOUN
cana-6028	85	47	manipulation	manipulation	NOUN
cana-6028	85	48	by	by	ADP
cana-6028	85	49	examining	examine	VERB
cana-6028	85	50	financial	financial	ADJ
cana-6028	85	51	ratios	ratio	NOUN
cana-6028	85	52	and	and	CCONJ
cana-6028	85	53	accruals	accrual	NOUN
cana-6028	85	54	.	.	PUNCT
cana-6028	86	1	it	it	PRON
cana-6028	86	2	proved	prove	VERB
cana-6028	86	3	useful	useful	ADJ
cana-6028	86	4	in	in	ADP
cana-6028	86	5	identifying	identify	VERB
cana-6028	86	6	companies	company	NOUN
cana-6028	86	7	that	that	PRON
cana-6028	86	8	violate	violate	VERB
cana-6028	86	9	accounting	accounting	NOUN
cana-6028	86	10	standards	standard	NOUN
cana-6028	86	11	,	,	PUNCT
cana-6028	86	12	offering	offer	VERB
cana-6028	86	13	an	an	DET
cana-6028	86	14	early	early	ADJ
cana-6028	86	15	warning	warning	NOUN
cana-6028	86	16	system	system	NOUN
cana-6028	86	17	for	for	ADP
cana-6028	86	18	fraud	fraud	NOUN
cana-6028	86	19	detection	detection	NOUN
cana-6028	86	20	.	.	PUNCT
cana-6028	87	1	limitations	limitation	NOUN
cana-6028	87	2	:	:	PUNCT
cana-6028	87	3	the	the	DET
cana-6028	87	4	m	m	ADJ
cana-6028	87	5	-	-	PUNCT
cana-6028	87	6	score	score	NOUN
cana-6028	87	7	highlights	highlight	NOUN
cana-6028	87	8	potential	potential	ADJ
cana-6028	87	9	fraud	fraud	NOUN
cana-6028	87	10	but	but	CCONJ
cana-6028	87	11	does	do	AUX
cana-6028	87	12	not	not	PART
cana-6028	87	13	assess	assess	VERB
cana-6028	87	14	a	a	DET
cana-6028	87	15	firm	firm	NOUN
cana-6028	87	16	’s	’s	PART
cana-6028	87	17	financial	financial	ADJ
cana-6028	87	18	strength	strength	NOUN
cana-6028	87	19	or	or	CCONJ
cana-6028	87	20	long	long	ADJ
cana-6028	87	21	-	-	PUNCT
cana-6028	87	22	term	term	NOUN
cana-6028	87	23	investment	investment	NOUN
cana-6028	87	24	quality	quality	NOUN
cana-6028	87	25	.	.	PUNCT
cana-6028	88	1	unlike	unlike	ADP
cana-6028	88	2	the	the	DET
cana-6028	88	3	piotroski	piotroski	ADJ
cana-6028	88	4	score	score	NOUN
cana-6028	88	5	,	,	PUNCT
cana-6028	88	6	it	it	PRON
cana-6028	88	7	focuses	focus	VERB
cana-6028	88	8	only	only	ADV
cana-6028	88	9	on	on	ADP
cana-6028	88	10	manipulation	manipulation	NOUN
cana-6028	88	11	risk	risk	NOUN
cana-6028	88	12	and	and	CCONJ
cana-6028	88	13	was	be	AUX
cana-6028	88	14	tested	test	VERB
cana-6028	88	15	mainly	mainly	ADV
cana-6028	88	16	on	on	ADP
cana-6028	88	17	us	us	PROPN
cana-6028	88	18	companies	company	NOUN
cana-6028	88	19	,	,	PUNCT
cana-6028	88	20	limiting	limit	VERB
cana-6028	88	21	its	its	PRON
cana-6028	88	22	relevance	relevance	NOUN
cana-6028	88	23	to	to	ADP
cana-6028	88	24	indian	indian	ADJ
cana-6028	88	25	markets	market	NOUN
cana-6028	88	26	without	without	ADP
cana-6028	88	27	adaptation	adaptation	NOUN
cana-6028	88	28	.	.	PUNCT
cana-6028	89	1	•	•	NOUN
cana-6028	89	2	this	this	DET
cana-6028	89	3	[	[	X
cana-6028	89	4	9	9	NUM
cana-6028	89	5	]	]	PUNCT
cana-6028	89	6	study	study	NOUN
cana-6028	89	7	applied	apply	VERB
cana-6028	89	8	the	the	DET
cana-6028	89	9	m	m	NOUN
cana-6028	89	10	-	-	NOUN
cana-6028	89	11	score	score	NOUN
cana-6028	89	12	to	to	ADP
cana-6028	89	13	five	five	NUM
cana-6028	89	14	indian	indian	ADJ
cana-6028	89	15	telecom	telecom	NOUN
cana-6028	89	16	firms	firm	NOUN
cana-6028	89	17	between	between	ADP
cana-6028	89	18	2018	2018	NUM
cana-6028	89	19	and	and	CCONJ
cana-6028	89	20	2022	2022	NUM
cana-6028	89	21	to	to	PART
cana-6028	89	22	detect	detect	VERB
cana-6028	89	23	financial	financial	ADJ
cana-6028	89	24	fraud	fraud	NOUN
cana-6028	89	25	.	.	PUNCT
cana-6028	90	1	most	most	ADJ
cana-6028	90	2	of	of	ADP
cana-6028	90	3	the	the	DET
cana-6028	90	4	companies	company	NOUN
cana-6028	90	5	showed	show	VERB
cana-6028	90	6	no	no	DET
cana-6028	90	7	signs	sign	NOUN
cana-6028	90	8	of	of	ADP
cana-6028	90	9	manipulation	manipulation	NOUN
cana-6028	90	10	except	except	SCONJ
cana-6028	90	11	one	one	NUM
cana-6028	90	12	suspected	suspect	VERB
cana-6028	90	13	case	case	NOUN
cana-6028	90	14	.	.	PUNCT
cana-6028	91	1	limitations	limitation	NOUN
cana-6028	91	2	:	:	PUNCT
cana-6028	91	3	while	while	SCONJ
cana-6028	91	4	effective	effective	ADJ
cana-6028	91	5	for	for	ADP
cana-6028	91	6	spotting	spot	VERB
cana-6028	91	7	manipulation	manipulation	NOUN
cana-6028	91	8	,	,	PUNCT
cana-6028	91	9	the	the	DET
cana-6028	91	10	model	model	NOUN
cana-6028	91	11	ignores	ignore	VERB
cana-6028	91	12	broader	broad	ADJ
cana-6028	91	13	factors	factor	NOUN
cana-6028	91	14	such	such	ADJ
cana-6028	91	15	as	as	ADP
cana-6028	91	16	profitability	profitability	NOUN
cana-6028	91	17	,	,	PUNCT
cana-6028	91	18	leverage	leverage	NOUN
cana-6028	91	19	,	,	PUNCT
cana-6028	91	20	and	and	CCONJ
cana-6028	91	21	stability	stability	NOUN
cana-6028	91	22	that	that	SCONJ
cana-6028	91	23	the	the	DET
cana-6028	91	24	piotroski	piotroski	ADJ
cana-6028	91	25	score	score	NOUN
cana-6028	91	26	covers	cover	VERB
cana-6028	91	27	.	.	PUNCT
cana-6028	92	1	limiting	limit	VERB
cana-6028	92	2	research	research	NOUN
cana-6028	92	3	to	to	ADP
cana-6028	92	4	telecom	telecom	NOUN
cana-6028	92	5	reduces	reduce	VERB
cana-6028	92	6	its	its	PRON
cana-6028	92	7	usefulness	usefulness	NOUN
cana-6028	92	8	for	for	ADP
cana-6028	92	9	other	other	ADJ
cana-6028	92	10	sectors	sector	NOUN
cana-6028	92	11	.	.	PUNCT
cana-6028	93	1	•	•	NUM
cana-6028	93	2	this	this	PRON
cana-6028	93	3	[	[	X
cana-6028	93	4	10	10	NUM
cana-6028	93	5	]	]	PUNCT
cana-6028	93	6	study	study	NOUN
cana-6028	93	7	tested	test	VERB
cana-6028	93	8	the	the	DET
cana-6028	93	9	m	m	NOUN
cana-6028	93	10	-	-	NOUN
cana-6028	93	11	score	score	NOUN
cana-6028	93	12	in	in	ADP
cana-6028	93	13	transport	transport	NOUN
cana-6028	93	14	firms	firm	NOUN
cana-6028	93	15	in	in	ADP
cana-6028	93	16	slovakia	slovakia	PROPN
cana-6028	93	17	and	and	CCONJ
cana-6028	93	18	the	the	DET
cana-6028	93	19	czech	czech	PROPN
cana-6028	93	20	republic	republic	NOUN
cana-6028	93	21	finding	find	VERB
cana-6028	93	22	high	high	ADJ
cana-6028	93	23	levels	level	NOUN
cana-6028	93	24	of	of	ADP
cana-6028	93	25	earnings	earning	NOUN
cana-6028	93	26	manipulation	manipulation	NOUN
cana-6028	93	27	driven	drive	VERB
cana-6028	93	28	by	by	ADP
cana-6028	93	29	tax	tax	NOUN
cana-6028	93	30	and	and	CCONJ
cana-6028	93	31	regulatory	regulatory	ADJ
cana-6028	93	32	factors	factor	NOUN
cana-6028	93	33	.	.	PUNCT
cana-6028	94	1	limitations	limitation	NOUN
cana-6028	94	2	:	:	PUNCT
cana-6028	94	3	the	the	DET
cana-6028	94	4	focus	focus	NOUN
cana-6028	94	5	on	on	ADP
cana-6028	94	6	fraud	fraud	NOUN
cana-6028	94	7	detection	detection	NOUN
cana-6028	94	8	misses	miss	VERB
cana-6028	94	9	long	long	ADJ
cana-6028	94	10	term	term	NOUN
cana-6028	94	11	financial	financial	ADJ
cana-6028	94	12	health	health	NOUN
cana-6028	94	13	and	and	CCONJ
cana-6028	94	14	investment	investment	NOUN
cana-6028	94	15	potential	potential	NOUN
cana-6028	94	16	.	.	PUNCT
cana-6028	95	1	unlike	unlike	ADP
cana-6028	95	2	the	the	DET
cana-6028	95	3	piotroski	piotroski	ADJ
cana-6028	95	4	score	score	NOUN
cana-6028	95	5	,	,	PUNCT
cana-6028	95	6	which	which	PRON
cana-6028	95	7	evaluates	evaluate	VERB
cana-6028	95	8	overall	overall	ADJ
cana-6028	95	9	strength	strength	NOUN
cana-6028	95	10	,	,	PUNCT
cana-6028	95	11	this	this	DET
cana-6028	95	12	study	study	NOUN
cana-6028	95	13	only	only	ADV
cana-6028	95	14	looks	look	VERB
cana-6028	95	15	at	at	ADP
cana-6028	95	16	manipulation	manipulation	NOUN
cana-6028	95	17	and	and	CCONJ
cana-6028	95	18	is	be	AUX
cana-6028	95	19	confined	confine	VERB
cana-6028	95	20	to	to	ADP
cana-6028	95	21	a	a	DET
cana-6028	95	22	single	single	ADJ
cana-6028	95	23	sector	sector	NOUN
cana-6028	95	24	2.4	2.4	NUM
cana-6028	95	25	.	.	PUNCT
cana-6028	96	1	the	the	DET
cana-6028	96	2	piotroski	piotroski	ADJ
cana-6028	96	3	score	score	NOUN
cana-6028	96	4	the	the	DET
cana-6028	96	5	piotroski	piotroski	ADJ
cana-6028	96	6	score	score	NOUN
cana-6028	96	7	is	be	AUX
cana-6028	96	8	a	a	DET
cana-6028	96	9	financial	financial	ADJ
cana-6028	96	10	model	model	NOUN
cana-6028	96	11	that	that	PRON
cana-6028	96	12	gives	give	VERB
cana-6028	96	13	a	a	DET
cana-6028	96	14	score	score	NOUN
cana-6028	96	15	from	from	ADP
cana-6028	96	16	0	0	NUM
cana-6028	96	17	to	to	ADP
cana-6028	96	18	9	9	NUM
cana-6028	96	19	based	base	VERB
cana-6028	96	20	on	on	ADP
cana-6028	96	21	profitability	profitability	NOUN
cana-6028	96	22	,	,	PUNCT
cana-6028	96	23	leverage	leverage	NOUN
cana-6028	96	24	,	,	PUNCT
cana-6028	96	25	liquidity	liquidity	NOUN
cana-6028	96	26	,	,	PUNCT
cana-6028	96	27	and	and	CCONJ
cana-6028	96	28	efficiency	efficiency	NOUN
cana-6028	96	29	to	to	PART
cana-6028	96	30	identify	identify	VERB
cana-6028	96	31	strong	strong	ADJ
cana-6028	96	32	companies	company	NOUN
cana-6028	96	33	.	.	PUNCT
cana-6028	97	1	a	a	DET
cana-6028	97	2	higher	high	ADJ
cana-6028	97	3	score	score	NOUN
cana-6028	97	4	indicates	indicate	VERB
cana-6028	97	5	better	well	ADJ
cana-6028	97	6	financial	financial	ADJ
cana-6028	97	7	health	health	NOUN
cana-6028	97	8	and	and	CCONJ
cana-6028	97	9	potential	potential	NOUN
cana-6028	97	10	for	for	ADP
cana-6028	97	11	investment	investment	NOUN
cana-6028	97	12	.	.	PUNCT
cana-6028	98	1	formula	formula	NOUN
cana-6028	98	2	:	:	PUNCT
cana-6028	99	1	f	f	PROPN
cana-6028	100	1	=	=	PRON
cana-6028	100	2	p1+p2+p3+p4+l1+l2+l3+e1+e2	p1+p2+p3+p4+l1+l2+l3+e1+e2	NOUN
cana-6028	100	3	(	(	PUNCT
cana-6028	100	4	4	4	NUM
cana-6028	100	5	)	)	PUNCT
cana-6028	100	6	where	where	SCONJ
cana-6028	100	7	:	:	PUNCT
cana-6028	100	8	•	•	NUM
cana-6028	100	9	profitability	profitability	NOUN
cana-6028	100	10	(	(	PUNCT
cana-6028	100	11	p	p	NOUN
cana-6028	100	12	)	)	PUNCT
cana-6028	100	13	:	:	PUNCT
cana-6028	100	14	roa	roa	PROPN
cana-6028	100	15	,	,	PUNCT
cana-6028	100	16	cfo	cfo	ADJ
cana-6028	100	17	,	,	PUNCT
cana-6028	100	18	∆roa	∆roa	NOUN
cana-6028	100	19	,	,	PUNCT
cana-6028	100	20	accruals	accrual	NOUN
cana-6028	100	21	•	•	NOUN
cana-6028	100	22	leverage	leverage	NOUN
cana-6028	100	23	,	,	PUNCT
cana-6028	100	24	liquidity	liquidity	NOUN
cana-6028	100	25	&	&	CCONJ
cana-6028	100	26	funding	funding	PROPN
cana-6028	100	27	(	(	PUNCT
cana-6028	100	28	l	l	NOUN
cana-6028	100	29	)	)	PUNCT
cana-6028	100	30	:	:	PUNCT
cana-6028	100	31	∆leverage	∆leverage	NOUN
cana-6028	100	32	,	,	PUNCT
cana-6028	100	33	∆liquidity	∆liquidity	NUM
cana-6028	100	34	,	,	PUNCT
cana-6028	100	35	equity	equity	NOUN
cana-6028	100	36	issuance	issuance	NOUN
cana-6028	100	37	•	•	NOUN
cana-6028	100	38	efficiency	efficiency	NOUN
cana-6028	100	39	(	(	PUNCT
cana-6028	100	40	e	e	NOUN
cana-6028	100	41	):	):	PUNCT
cana-6028	100	42	∆margin	∆margin	NOUN
cana-6028	100	43	,	,	PUNCT
cana-6028	100	44	∆turnover	∆turnover	VERB
cana-6028	100	45	research	research	NOUN
cana-6028	100	46	studies	study	NOUN
cana-6028	100	47	and	and	CCONJ
cana-6028	100	48	literature	literature	NOUN
cana-6028	100	49	:	:	PUNCT
cana-6028	100	50	•	•	X
cana-6028	100	51	this[11	this[11	X
cana-6028	100	52	]	]	PUNCT
cana-6028	100	53	study	study	NOUN
cana-6028	100	54	applied	apply	VERB
cana-6028	100	55	the	the	DET
cana-6028	100	56	piotroski	piotroski	ADJ
cana-6028	100	57	f	f	NOUN
cana-6028	100	58	-	-	PUNCT
cana-6028	100	59	score	score	NOUN
cana-6028	100	60	to	to	ADP
cana-6028	100	61	high	high	ADJ
cana-6028	100	62	book	book	NOUN
cana-6028	100	63	to	to	ADP
cana-6028	100	64	-	-	PUNCT
cana-6028	100	65	market	market	NOUN
cana-6028	100	66	indian	indian	ADJ
cana-6028	100	67	stocks	stock	NOUN
cana-6028	100	68	over	over	ADP
cana-6028	100	69	six	six	NUM
cana-6028	100	70	years	year	NOUN
cana-6028	100	71	.	.	PUNCT
cana-6028	101	1	it	it	PRON
cana-6028	101	2	found	find	VERB
cana-6028	101	3	that	that	SCONJ
cana-6028	101	4	firms	firm	NOUN
cana-6028	101	5	with	with	ADP
cana-6028	101	6	high	high	ADJ
cana-6028	101	7	scores	score	NOUN
cana-6028	101	8	performed	perform	VERB
cana-6028	101	9	better	well	ADV
cana-6028	101	10	in	in	ADP
cana-6028	101	11	future	future	ADJ
cana-6028	101	12	valuations	valuation	NOUN
cana-6028	101	13	than	than	ADP
cana-6028	101	14	low	low	ADJ
cana-6028	101	15	-	-	PUNCT
cana-6028	101	16	score	score	NOUN
cana-6028	101	17	firms	firm	NOUN
cana-6028	101	18	,	,	PUNCT
cana-6028	101	19	especially	especially	ADV
cana-6028	101	20	in	in	ADP
cana-6028	101	21	stock	stock	NOUN
cana-6028	101	22	pricing	pricing	NOUN
cana-6028	101	23	.	.	PUNCT
cana-6028	102	1	limitations	limitation	NOUN
cana-6028	102	2	:	:	PUNCT
cana-6028	102	3	the	the	DET
cana-6028	102	4	study	study	NOUN
cana-6028	102	5	focuses	focus	VERB
cana-6028	102	6	only	only	ADV
cana-6028	102	7	on	on	ADP
cana-6028	102	8	high	high	ADJ
cana-6028	102	9	book	book	NOUN
cana-6028	102	10	-	-	PUNCT
cana-6028	102	11	to	to	ADP
cana-6028	102	12	-	-	PUNCT
cana-6028	102	13	market	market	NOUN
cana-6028	102	14	stocks	stock	NOUN
cana-6028	102	15	,	,	PUNCT
cana-6028	102	16	unlike	unlike	ADP
cana-6028	102	17	this	this	DET
cana-6028	102	18	research	research	NOUN
cana-6028	102	19	,	,	PUNCT
cana-6028	102	20	which	which	PRON
cana-6028	102	21	covers	cover	VERB
cana-6028	102	22	all	all	DET
cana-6028	102	23	nifty	nifty	ADJ
cana-6028	102	24	100	100	NUM
cana-6028	102	25	firms	firm	NOUN
cana-6028	102	26	.	.	PUNCT
cana-6028	103	1	it	it	PRON
cana-6028	103	2	also	also	ADV
cana-6028	103	3	lacks	lack	VERB
cana-6028	103	4	quarterly	quarterly	ADJ
cana-6028	103	5	rebalancing	rebalancing	NOUN
cana-6028	103	6	that	that	PRON
cana-6028	103	7	reduces	reduce	VERB
cana-6028	103	8	adaptability	adaptability	NOUN
cana-6028	103	9	compared	compare	VERB
cana-6028	103	10	to	to	ADP
cana-6028	103	11	the	the	DET
cana-6028	103	12	dynamic	dynamic	ADJ
cana-6028	103	13	approach	approach	NOUN
cana-6028	103	14	of	of	ADP
cana-6028	103	15	this	this	DET
cana-6028	103	16	study	study	NOUN
cana-6028	103	17	.	.	PUNCT
cana-6028	104	1	•	•	NOUN
cana-6028	104	2	this	this	DET
cana-6028	104	3	study	study	NOUN
cana-6028	105	1	[	[	X
cana-6028	105	2	12	12	NUM
cana-6028	105	3	]	]	PUNCT
cana-6028	105	4	modified	modify	VERB
cana-6028	105	5	the	the	DET
cana-6028	105	6	piotroski	piotroski	ADJ
cana-6028	105	7	score	score	NOUN
cana-6028	105	8	by	by	ADP
cana-6028	105	9	removing	remove	VERB
cana-6028	105	10	roa	roa	PROPN
cana-6028	105	11	and	and	CCONJ
cana-6028	105	12	cfo	cfo	PROPN
cana-6028	105	13	,	,	PUNCT
cana-6028	105	14	adding	add	VERB
cana-6028	105	15	ratios	ratio	NOUN
cana-6028	105	16	such	such	ADJ
cana-6028	105	17	as	as	ADP
cana-6028	105	18	p	p	NOUN
cana-6028	105	19	/	/	SYM
cana-6028	105	20	e	e	NOUN
cana-6028	105	21	,	,	PUNCT
cana-6028	105	22	p	p	X
cana-6028	105	23	/	/	SYM
cana-6028	105	24	b	b	NOUN
cana-6028	105	25	,	,	PUNCT
cana-6028	105	26	and	and	CCONJ
cana-6028	105	27	ev	ev	X
cana-6028	105	28	/	/	SYM
cana-6028	105	29	ebitda	ebitda	PROPN
cana-6028	105	30	.	.	PUNCT
cana-6028	106	1	when	when	SCONJ
cana-6028	106	2	applied	apply	VERB
cana-6028	106	3	to	to	AUX
cana-6028	106	4	nifty	nifty	ADJ
cana-6028	106	5	50	50	NUM
cana-6028	106	6	stocks	stock	NOUN
cana-6028	106	7	for	for	ADP
cana-6028	106	8	two	two	NUM
cana-6028	106	9	years	year	NOUN
cana-6028	106	10	,	,	PUNCT
cana-6028	106	11	the	the	DET
cana-6028	106	12	modified	modify	VERB
cana-6028	106	13	score	score	NOUN
cana-6028	106	14	gave	give	VERB
cana-6028	106	15	better	well	ADJ
cana-6028	106	16	returns	return	NOUN
cana-6028	106	17	;	;	PUNCT
cana-6028	106	18	lower	low	ADJ
cana-6028	106	19	beta	beta	NOUN
cana-6028	106	20	and	and	CCONJ
cana-6028	106	21	higher	high	ADJ
cana-6028	106	22	3	3	NUM
cana-6028	106	23	sharp	sharp	ADJ
cana-6028	106	24	ratio	ratio	NOUN
cana-6028	106	25	.	.	PUNCT
cana-6028	107	1	limitations	limitation	NOUN
cana-6028	107	2	:	:	PUNCT
cana-6028	107	3	the	the	DET
cana-6028	107	4	modified	modify	VERB
cana-6028	107	5	score	score	NOUN
cana-6028	107	6	uses	use	VERB
cana-6028	107	7	sentiment	sentiment	NOUN
cana-6028	107	8	-	-	PUNCT
cana-6028	107	9	influenced	influence	VERB
cana-6028	107	10	market	market	NOUN
cana-6028	107	11	-	-	PUNCT
cana-6028	107	12	based	base	VERB
cana-6028	107	13	metrics	metric	NOUN
cana-6028	107	14	unlike	unlike	ADP
cana-6028	107	15	this	this	DET
cana-6028	107	16	research	research	NOUN
cana-6028	107	17	,	,	PUNCT
cana-6028	107	18	which	which	PRON
cana-6028	107	19	sticks	stick	VERB
cana-6028	107	20	to	to	ADP
cana-6028	107	21	fundamental	fundamental	ADJ
cana-6028	107	22	measures	measure	NOUN
cana-6028	107	23	in	in	ADP
cana-6028	107	24	nifty	nifty	ADJ
cana-6028	107	25	100	100	NUM
cana-6028	107	26	.	.	PUNCT
cana-6028	108	1	it	it	PRON
cana-6028	108	2	also	also	ADV
cana-6028	108	3	uses	use	VERB
cana-6028	108	4	a	a	DET
cana-6028	108	5	two	two	NUM
cana-6028	108	6	-	-	PUNCT
cana-6028	108	7	year	year	NOUN
cana-6028	108	8	rebalancing	rebalancing	NOUN
cana-6028	108	9	period	period	NOUN
cana-6028	108	10	that	that	PRON
cana-6028	108	11	is	be	AUX
cana-6028	108	12	less	less	ADV
cana-6028	108	13	responsive	responsive	ADJ
cana-6028	108	14	than	than	ADP
cana-6028	108	15	the	the	DET
cana-6028	108	16	quarterly	quarterly	ADJ
cana-6028	108	17	reallocation	reallocation	NOUN
cana-6028	108	18	in	in	ADP
cana-6028	108	19	this	this	DET
cana-6028	108	20	study	study	NOUN
cana-6028	108	21	.	.	PUNCT
cana-6028	109	1	https://internationalpubls.com/	https://internationalpubls.com/	ADJ
cana-6028	109	2	communications	communication	NOUN
cana-6028	109	3	on	on	ADP
cana-6028	109	4	applied	apply	VERB
cana-6028	109	5	nonlinear	nonlinear	ADJ
cana-6028	109	6	analysis	analysis	NOUN
cana-6028	109	7	issn	issn	NOUN
cana-6028	109	8	:	:	PUNCT
cana-6028	109	9	1074	1074	NUM
cana-6028	109	10	-	-	PUNCT
cana-6028	109	11	133x	133x	NUM
cana-6028	109	12	vol	vol	NOUN
cana-6028	109	13	32	32	NUM
cana-6028	109	14	no	no	NOUN
cana-6028	109	15	.	.	PUNCT
cana-6028	110	1	9s	9s	NUM
cana-6028	110	2	(	(	PUNCT
cana-6028	110	3	2025	2025	NUM
cana-6028	110	4	)	)	PUNCT
cana-6028	110	5	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	110	6	3232	3232	NUM
cana-6028	110	7	research	research	NOUN
cana-6028	110	8	gaps	gap	NOUN
cana-6028	110	9	:	:	PUNCT
cana-6028	110	10	despite	despite	SCONJ
cana-6028	110	11	extensive	extensive	ADJ
cana-6028	110	12	research	research	NOUN
cana-6028	110	13	on	on	ADP
cana-6028	110	14	financial	financial	ADJ
cana-6028	110	15	screening	screening	NOUN
cana-6028	110	16	models	model	NOUN
cana-6028	110	17	,	,	PUNCT
cana-6028	110	18	significant	significant	ADJ
cana-6028	110	19	gaps	gap	NOUN
cana-6028	110	20	remain	remain	VERB
cana-6028	110	21	in	in	ADP
cana-6028	110	22	the	the	DET
cana-6028	110	23	evaluation	evaluation	NOUN
cana-6028	110	24	of	of	ADP
cana-6028	110	25	firms	firm	NOUN
cana-6028	110	26	within	within	ADP
cana-6028	110	27	indian	indian	ADJ
cana-6028	110	28	market	market	NOUN
cana-6028	110	29	indexes	index	NOUN
cana-6028	110	30	such	such	ADJ
cana-6028	110	31	as	as	ADP
cana-6028	110	32	nifty	nifty	ADJ
cana-6028	110	33	100	100	NUM
cana-6028	110	34	.	.	PUNCT
cana-6028	111	1	existing	exist	VERB
cana-6028	111	2	models	model	NOUN
cana-6028	111	3	such	such	ADJ
cana-6028	111	4	as	as	ADP
cana-6028	111	5	altman	altman	PROPN
cana-6028	111	6	’s	’s	PART
cana-6028	111	7	z	z	NOUN
cana-6028	111	8	score	score	NOUN
cana-6028	111	9	[	[	X
cana-6028	111	10	2	2	X
cana-6028	111	11	]	]	PUNCT
cana-6028	111	12	and	and	CCONJ
cana-6028	111	13	its	its	PRON
cana-6028	111	14	applications	application	NOUN
cana-6028	111	15	in	in	ADP
cana-6028	111	16	indian	indian	ADJ
cana-6028	111	17	markets	market	NOUN
cana-6028	111	18	[	[	X
cana-6028	111	19	3	3	X
cana-6028	111	20	]	]	X
cana-6028	111	21	[	[	X
cana-6028	111	22	4	4	NUM
cana-6028	111	23	]	]	PUNCT
cana-6028	111	24	focus	focus	VERB
cana-6028	111	25	primarily	primarily	ADV
cana-6028	111	26	on	on	ADP
cana-6028	111	27	bankruptcy	bankruptcy	NOUN
cana-6028	111	28	prediction	prediction	NOUN
cana-6028	111	29	,	,	PUNCT
cana-6028	111	30	but	but	CCONJ
cana-6028	111	31	fail	fail	VERB
cana-6028	111	32	to	to	PART
cana-6028	111	33	provide	provide	VERB
cana-6028	111	34	a	a	DET
cana-6028	111	35	holistic	holistic	ADJ
cana-6028	111	36	financial	financial	ADJ
cana-6028	111	37	assessment	assessment	NOUN
cana-6028	111	38	essential	essential	ADJ
cana-6028	111	39	for	for	ADP
cana-6028	111	40	value	value	NOUN
cana-6028	111	41	investment	investment	NOUN
cana-6028	111	42	.	.	PUNCT
cana-6028	112	1	similarly	similarly	ADV
cana-6028	112	2	,	,	PUNCT
cana-6028	112	3	the	the	DET
cana-6028	112	4	beneish	beneish	PROPN
cana-6028	112	5	m	m	NOUN
cana-6028	112	6	-	-	NOUN
cana-6028	112	7	score	score	NOUN
cana-6028	112	8	[	[	X
cana-6028	112	9	8	8	NUM
cana-6028	112	10	]	]	PUNCT
cana-6028	112	11	has	have	AUX
cana-6028	112	12	been	be	AUX
cana-6028	112	13	widely	widely	ADV
cana-6028	112	14	used	use	VERB
cana-6028	112	15	to	to	PART
cana-6028	112	16	detect	detect	VERB
cana-6028	112	17	earnings	earning	NOUN
cana-6028	112	18	manipulation	manipulation	NOUN
cana-6028	112	19	,	,	PUNCT
cana-6028	112	20	including	include	VERB
cana-6028	112	21	studies	study	NOUN
cana-6028	112	22	applying	apply	VERB
cana-6028	112	23	it	it	PRON
cana-6028	112	24	to	to	ADP
cana-6028	112	25	specific	specific	ADJ
cana-6028	112	26	sectors	sector	NOUN
cana-6028	112	27	such	such	ADJ
cana-6028	112	28	as	as	ADP
cana-6028	112	29	indian	indian	ADJ
cana-6028	112	30	telecom	telecom	NOUN
cana-6028	113	1	[	[	X
cana-6028	113	2	9	9	NUM
cana-6028	113	3	]	]	PUNCT
cana-6028	113	4	and	and	CCONJ
cana-6028	113	5	global	global	ADJ
cana-6028	113	6	markets	market	NOUN
cana-6028	113	7	[	[	X
cana-6028	113	8	10	10	NUM
cana-6028	113	9	]	]	PUNCT
cana-6028	113	10	.	.	PUNCT
cana-6028	114	1	however	however	ADV
cana-6028	114	2	,	,	PUNCT
cana-6028	114	3	such	such	ADJ
cana-6028	114	4	models	model	NOUN
cana-6028	114	5	are	be	AUX
cana-6028	114	6	designed	design	VERB
cana-6028	114	7	primarily	primarily	ADV
cana-6028	114	8	to	to	PART
cana-6028	114	9	detect	detect	VERB
cana-6028	114	10	financial	financial	ADJ
cana-6028	114	11	distress	distress	NOUN
cana-6028	114	12	rather	rather	ADV
cana-6028	114	13	than	than	ADP
cana-6028	114	14	identify	identify	VERB
cana-6028	114	15	strong	strong	ADJ
cana-6028	114	16	investment	investment	NOUN
cana-6028	114	17	opportunities	opportunity	NOUN
cana-6028	114	18	.	.	PUNCT
cana-6028	115	1	graham	graham	PROPN
cana-6028	115	2	’s	’s	PART
cana-6028	115	3	number	number	NOUN
cana-6028	115	4	based	base	VERB
cana-6028	115	5	on	on	ADP
cana-6028	115	6	the	the	DET
cana-6028	115	7	value	value	NOUN
cana-6028	115	8	investing	invest	VERB
cana-6028	115	9	principles	principle	NOUN
cana-6028	115	10	of	of	ADP
cana-6028	115	11	the	the	DET
cana-6028	115	12	intelligent	intelligent	ADJ
cana-6028	115	13	investor	investor	NOUN
cana-6028	115	14	[	[	X
cana-6028	115	15	5	5	NUM
cana-6028	115	16	]	]	PUNCT
cana-6028	115	17	is	be	AUX
cana-6028	115	18	another	another	DET
cana-6028	115	19	widely	widely	ADV
cana-6028	115	20	used	use	VERB
cana-6028	115	21	metric	metric	NOUN
cana-6028	115	22	,	,	PUNCT
cana-6028	115	23	but	but	CCONJ
cana-6028	115	24	its	its	PRON
cana-6028	115	25	reliance	reliance	NOUN
cana-6028	115	26	on	on	ADP
cana-6028	115	27	static	static	ADJ
cana-6028	115	28	financial	financial	ADJ
cana-6028	115	29	indicators	indicator	NOUN
cana-6028	115	30	limits	limit	VERB
cana-6028	115	31	its	its	PRON
cana-6028	115	32	adaptability	adaptability	NOUN
cana-6028	115	33	to	to	ADP
cana-6028	115	34	dynamic	dynamic	ADJ
cana-6028	115	35	market	market	NOUN
cana-6028	115	36	conditions	condition	NOUN
cana-6028	115	37	.	.	PUNCT
cana-6028	116	1	further	further	ADJ
cana-6028	116	2	analysis	analysis	NOUN
cana-6028	116	3	[	[	X
cana-6028	116	4	6	6	NUM
cana-6028	116	5	]	]	PUNCT
cana-6028	116	6	has	have	AUX
cana-6028	116	7	questioned	question	VERB
cana-6028	116	8	its	its	PRON
cana-6028	116	9	effectiveness	effectiveness	NOUN
cana-6028	116	10	in	in	ADP
cana-6028	116	11	stock	stock	NOUN
cana-6028	116	12	selection	selection	NOUN
cana-6028	116	13	,	,	PUNCT
cana-6028	116	14	suggesting	suggest	VERB
cana-6028	116	15	the	the	DET
cana-6028	116	16	need	need	NOUN
cana-6028	116	17	for	for	ADP
cana-6028	116	18	4	4	NUM
cana-6028	116	19	more	more	ADV
cana-6028	116	20	comprehensive	comprehensive	ADJ
cana-6028	116	21	evaluation	evaluation	NOUN
cana-6028	116	22	frameworks	framework	NOUN
cana-6028	116	23	.	.	PUNCT
cana-6028	117	1	studies	study	NOUN
cana-6028	117	2	on	on	ADP
cana-6028	117	3	intrinsic	intrinsic	ADJ
cana-6028	117	4	value	value	NOUN
cana-6028	117	5	assessment	assessment	NOUN
cana-6028	117	6	using	use	VERB
cana-6028	117	7	value	value	NOUN
cana-6028	117	8	investing	investing	NOUN
cana-6028	117	9	principles	principle	NOUN
cana-6028	117	10	in	in	ADP
cana-6028	117	11	indian	indian	ADJ
cana-6028	117	12	markets	market	NOUN
cana-6028	117	13	[	[	X
cana-6028	117	14	7	7	X
cana-6028	117	15	]	]	PUNCT
cana-6028	117	16	also	also	ADV
cana-6028	117	17	indicate	indicate	VERB
cana-6028	117	18	that	that	SCONJ
cana-6028	117	19	traditional	traditional	ADJ
cana-6028	117	20	valuation	valuation	NOUN
cana-6028	117	21	methods	method	NOUN
cana-6028	117	22	require	require	VERB
cana-6028	117	23	refinement	refinement	NOUN
cana-6028	117	24	to	to	PART
cana-6028	117	25	improve	improve	VERB
cana-6028	117	26	accuracy	accuracy	NOUN
cana-6028	117	27	.	.	PUNCT
cana-6028	118	1	moreover	moreover	ADV
cana-6028	118	2	,	,	PUNCT
cana-6028	118	3	while	while	SCONJ
cana-6028	118	4	these	these	DET
cana-6028	118	5	models	model	NOUN
cana-6028	118	6	have	have	AUX
cana-6028	118	7	been	be	AUX
cana-6028	118	8	extensively	extensively	ADV
cana-6028	118	9	studied	study	VERB
cana-6028	118	10	in	in	ADP
cana-6028	118	11	global	global	ADJ
cana-6028	118	12	markets	market	NOUN
cana-6028	118	13	[	[	X
cana-6028	118	14	8][10	8][10	X
cana-6028	118	15	]	]	X
cana-6028	118	16	;	;	PUNCT
cana-6028	118	17	their	their	PRON
cana-6028	118	18	empirical	empirical	ADJ
cana-6028	118	19	validation	validation	NOUN
cana-6028	118	20	within	within	ADP
cana-6028	118	21	the	the	DET
cana-6028	118	22	indian	indian	ADJ
cana-6028	118	23	equity	equity	NOUN
cana-6028	118	24	market	market	NOUN
cana-6028	118	25	remains	remain	VERB
cana-6028	118	26	underexplored	underexplored	ADJ
cana-6028	118	27	.	.	PUNCT
cana-6028	119	1	most	most	ADJ
cana-6028	119	2	existing	exist	VERB
cana-6028	119	3	studies	study	NOUN
cana-6028	119	4	rely	rely	VERB
cana-6028	119	5	on	on	ADP
cana-6028	119	6	models	model	NOUN
cana-6028	119	7	developed	develop	VERB
cana-6028	119	8	in	in	ADP
cana-6028	119	9	the	the	DET
cana-6028	119	10	western	western	ADJ
cana-6028	119	11	world	world	NOUN
cana-6028	119	12	without	without	ADP
cana-6028	119	13	considering	consider	VERB
cana-6028	119	14	the	the	DET
cana-6028	119	15	dynamics	dynamic	NOUN
cana-6028	119	16	of	of	ADP
cana-6028	119	17	the	the	DET
cana-6028	119	18	local	local	ADJ
cana-6028	119	19	market	market	NOUN
cana-6028	119	20	,	,	PUNCT
cana-6028	119	21	reducing	reduce	VERB
cana-6028	119	22	their	their	PRON
cana-6028	119	23	effectiveness	effectiveness	NOUN
cana-6028	119	24	in	in	ADP
cana-6028	119	25	emerging	emerge	VERB
cana-6028	119	26	economies	economy	NOUN
cana-6028	119	27	.	.	PUNCT
cana-6028	120	1	in	in	ADP
cana-6028	120	2	addition	addition	NOUN
cana-6028	120	3	,	,	PUNCT
cana-6028	120	4	many	many	ADJ
cana-6028	120	5	screening	screening	NOUN
cana-6028	120	6	methodologies	methodology	NOUN
cana-6028	120	7	focus	focus	VERB
cana-6028	120	8	on	on	ADP
cana-6028	120	9	isolated	isolated	ADJ
cana-6028	120	10	financial	financial	ADJ
cana-6028	120	11	metrics	metric	NOUN
cana-6028	120	12	rather	rather	ADV
cana-6028	120	13	than	than	ADP
cana-6028	120	14	integrating	integrate	VERB
cana-6028	120	15	trends	trend	NOUN
cana-6028	120	16	in	in	ADP
cana-6028	120	17	profitability	profitability	NOUN
cana-6028	120	18	,	,	PUNCT
cana-6028	120	19	leverage	leverage	NOUN
cana-6028	120	20	/	/	SYM
cana-6028	120	21	liquidity	liquidity	NOUN
cana-6028	120	22	,	,	PUNCT
cana-6028	120	23	and	and	CCONJ
cana-6028	120	24	operational	operational	ADJ
cana-6028	120	25	efficiency	efficiency	NOUN
cana-6028	120	26	over	over	ADP
cana-6028	120	27	time	time	NOUN
cana-6028	120	28	,	,	PUNCT
cana-6028	120	29	leading	lead	VERB
cana-6028	120	30	to	to	ADP
cana-6028	120	31	a	a	DET
cana-6028	120	32	fragmented	fragmented	ADJ
cana-6028	120	33	assessment	assessment	NOUN
cana-6028	120	34	of	of	ADP
cana-6028	120	35	financial	financial	ADJ
cana-6028	120	36	health	health	NOUN
cana-6028	120	37	.	.	PUNCT
cana-6028	121	1	the	the	DET
cana-6028	121	2	piotroski	piotroski	ADJ
cana-6028	121	3	score	score	NOUN
cana-6028	122	1	[	[	X
cana-6028	122	2	1	1	X
cana-6028	122	3	]	]	PUNCT
cana-6028	122	4	overcomes	overcome	VERB
cana-6028	122	5	these	these	DET
cana-6028	122	6	limitations	limitation	NOUN
cana-6028	122	7	by	by	ADP
cana-6028	122	8	offering	offer	VERB
cana-6028	122	9	a	a	DET
cana-6028	122	10	comprehensive	comprehensive	ADJ
cana-6028	122	11	,	,	PUNCT
cana-6028	122	12	adaptable	adaptable	ADJ
cana-6028	122	13	,	,	PUNCT
cana-6028	122	14	and	and	CCONJ
cana-6028	122	15	industry	industry	NOUN
cana-6028	122	16	-	-	PUNCT
cana-6028	122	17	agnostic	agnostic	ADJ
cana-6028	122	18	approach	approach	NOUN
cana-6028	122	19	.	.	PUNCT
cana-6028	123	1	empirical	empirical	ADJ
cana-6028	123	2	evidence	evidence	NOUN
cana-6028	123	3	suggests	suggest	VERB
cana-6028	123	4	that	that	SCONJ
cana-6028	123	5	it	it	PRON
cana-6028	123	6	effectively	effectively	ADV
cana-6028	123	7	improves	improve	VERB
cana-6028	123	8	stock	stock	NOUN
cana-6028	123	9	performance	performance	NOUN
cana-6028	123	10	[	[	X
cana-6028	123	11	11	11	NUM
cana-6028	123	12	]	]	PUNCT
cana-6028	123	13	and	and	CCONJ
cana-6028	123	14	can	can	AUX
cana-6028	123	15	be	be	AUX
cana-6028	123	16	refined	refine	VERB
cana-6028	123	17	further	far	ADV
cana-6028	123	18	to	to	PART
cana-6028	123	19	produce	produce	VERB
cana-6028	123	20	higher	high	ADJ
cana-6028	123	21	returns	return	NOUN
cana-6028	123	22	[	[	X
cana-6028	123	23	12	12	NUM
cana-6028	123	24	]	]	PUNCT
cana-6028	123	25	.	.	PUNCT
cana-6028	124	1	by	by	ADP
cana-6028	124	2	systematically	systematically	ADV
cana-6028	124	3	filtering	filter	VERB
cana-6028	124	4	out	out	ADP
cana-6028	124	5	weak	weak	ADJ
cana-6028	124	6	firms	firm	NOUN
cana-6028	124	7	among	among	ADP
cana-6028	124	8	undervalued	undervalued	ADJ
cana-6028	124	9	stocks	stock	NOUN
cana-6028	124	10	;	;	PUNCT
cana-6028	124	11	the	the	DET
cana-6028	124	12	piotroski	piotroski	ADJ
cana-6028	124	13	score	score	NOUN
cana-6028	124	14	provides	provide	VERB
cana-6028	124	15	a	a	DET
cana-6028	124	16	powerful	powerful	ADJ
cana-6028	124	17	and	and	CCONJ
cana-6028	124	18	practical	practical	ADJ
cana-6028	124	19	tool	tool	NOUN
cana-6028	124	20	for	for	ADP
cana-6028	124	21	long	long	ADJ
cana-6028	124	22	-	-	PUNCT
cana-6028	124	23	term	term	NOUN
cana-6028	124	24	value	value	NOUN
cana-6028	124	25	investors	investor	NOUN
cana-6028	124	26	in	in	ADP
cana-6028	124	27	the	the	DET
cana-6028	124	28	indian	indian	ADJ
cana-6028	124	29	stock	stock	NOUN
cana-6028	124	30	market	market	NOUN
cana-6028	124	31	addressing	address	VERB
cana-6028	124	32	key	key	ADJ
cana-6028	124	33	limitations	limitation	NOUN
cana-6028	124	34	of	of	ADP
cana-6028	124	35	existing	exist	VERB
cana-6028	124	36	screening	screening	NOUN
cana-6028	124	37	methodologies	methodology	NOUN
cana-6028	124	38	.	.	PUNCT
cana-6028	125	1	table	table	NOUN
cana-6028	125	2	1	1	NUM
cana-6028	125	3	.	.	PUNCT
cana-6028	125	4	comparison	comparison	NOUN
cana-6028	125	5	of	of	ADP
cana-6028	125	6	fundamental	fundamental	ADJ
cana-6028	125	7	financial	financial	ADJ
cana-6028	125	8	scoring	scoring	NOUN
cana-6028	125	9	models	model	NOUN
cana-6028	125	10	3	3	NUM
cana-6028	125	11	.	.	PUNCT
cana-6028	125	12	proposed	propose	VERB
cana-6028	125	13	methodology	methodology	NOUN
cana-6028	125	14	why	why	SCONJ
cana-6028	125	15	should	should	AUX
cana-6028	125	16	piotroski	piotroski	VERB
cana-6028	125	17	score	score	NOUN
cana-6028	125	18	be	be	AUX
cana-6028	125	19	preferred	prefer	VERB
cana-6028	125	20	?	?	PUNCT
cana-6028	126	1	the	the	DET
cana-6028	126	2	piotroski	piotroski	ADJ
cana-6028	126	3	score	score	NOUN
cana-6028	126	4	is	be	AUX
cana-6028	126	5	often	often	ADV
cana-6028	126	6	preferred	prefer	VERB
cana-6028	126	7	over	over	ADP
cana-6028	126	8	other	other	ADJ
cana-6028	126	9	fundamental	fundamental	ADJ
cana-6028	126	10	screening	screening	NOUN
cana-6028	126	11	methods	method	NOUN
cana-6028	126	12	because	because	SCONJ
cana-6028	126	13	it	it	PRON
cana-6028	126	14	is	be	AUX
cana-6028	126	15	:	:	PUNCT
cana-6028	126	16	1	1	X
cana-6028	126	17	.	.	X
cana-6028	126	18	simple	simple	ADJ
cana-6028	126	19	yet	yet	ADV
cana-6028	126	20	effective	effective	ADJ
cana-6028	126	21	:	:	PUNCT
cana-6028	126	22	a	a	DET
cana-6028	126	23	9	9	NUM
cana-6028	126	24	-	-	PUNCT
cana-6028	126	25	point	point	NOUN
cana-6028	126	26	scoring	scoring	NOUN
cana-6028	126	27	system	system	NOUN
cana-6028	126	28	that	that	PRON
cana-6028	126	29	evaluates	evaluate	VERB
cana-6028	126	30	financial	financial	ADJ
cana-6028	126	31	strength	strength	NOUN
cana-6028	126	32	using	use	VERB
cana-6028	126	33	only	only	ADV
cana-6028	126	34	historical	historical	ADJ
cana-6028	126	35	accounting	accounting	NOUN
cana-6028	126	36	data	datum	NOUN
cana-6028	126	37	.	.	PUNCT
cana-6028	127	1	2	2	X
cana-6028	127	2	.	.	NUM
cana-6028	127	3	focused	focus	VERB
cana-6028	127	4	on	on	ADP
cana-6028	127	5	value	value	NOUN
cana-6028	127	6	stocks	stock	NOUN
cana-6028	127	7	:	:	PUNCT
cana-6028	127	8	it	it	PRON
cana-6028	127	9	enhances	enhance	VERB
cana-6028	127	10	the	the	DET
cana-6028	127	11	selection	selection	NOUN
cana-6028	127	12	process	process	NOUN
cana-6028	127	13	for	for	ADP
cana-6028	127	14	low	low	ADJ
cana-6028	127	15	price	price	NOUN
cana-6028	127	16	-	-	PUNCT
cana-6028	127	17	to	to	ADP
cana-6028	127	18	-	-	PUNCT
cana-6028	127	19	book	book	NOUN
cana-6028	127	20	(	(	PUNCT
cana-6028	127	21	p	p	PROPN
cana-6028	127	22	/	/	SYM
cana-6028	127	23	b	b	NOUN
cana-6028	127	24	)	)	PUNCT
cana-6028	127	25	ratio	ratio	NOUN
cana-6028	127	26	stocks	stock	NOUN
cana-6028	127	27	,	,	PUNCT
cana-6028	127	28	which	which	PRON
cana-6028	127	29	often	often	ADV
cana-6028	127	30	outperform	outperform	VERB
cana-6028	127	31	when	when	SCONJ
cana-6028	127	32	financial	financial	ADJ
cana-6028	127	33	strength	strength	NOUN
cana-6028	127	34	is	be	AUX
cana-6028	127	35	verified	verify	VERB
cana-6028	127	36	.	.	PUNCT
cana-6028	128	1	3	3	X
cana-6028	128	2	.	.	X
cana-6028	128	3	empirical	empirical	ADJ
cana-6028	128	4	backing	backing	NOUN
cana-6028	128	5	:	:	PUNCT
cana-6028	128	6	piotroski	piotroski	ADJ
cana-6028	128	7	original	original	ADJ
cana-6028	128	8	research	research	NOUN
cana-6028	128	9	found	find	VERB
cana-6028	128	10	that	that	SCONJ
cana-6028	128	11	a	a	DET
cana-6028	128	12	high	high	ADJ
cana-6028	128	13	piotroski	piotroski	ADJ
cana-6028	128	14	score	score	NOUN
cana-6028	128	15	portfolio	portfolio	NOUN
cana-6028	128	16	outperformed	outperform	VERB
cana-6028	128	17	low	low	ADJ
cana-6028	128	18	-	-	PUNCT
cana-6028	128	19	scoring	scoring	NOUN
cana-6028	128	20	stocks	stock	NOUN
cana-6028	128	21	by	by	ADP
cana-6028	128	22	7.5	7.5	NUM
cana-6028	128	23	%	%	NOUN
cana-6028	128	24	annually	annually	ADV
cana-6028	128	25	.	.	PUNCT
cana-6028	129	1	4	4	X
cana-6028	129	2	.	.	NOUN
cana-6028	129	3	useful	useful	ADJ
cana-6028	129	4	for	for	ADP
cana-6028	129	5	conservative	conservative	ADJ
cana-6028	129	6	investors	investor	NOUN
cana-6028	129	7	:	:	PUNCT
cana-6028	129	8	since	since	SCONJ
cana-6028	129	9	it	it	PRON
cana-6028	129	10	focuses	focus	VERB
cana-6028	129	11	on	on	ADP
cana-6028	129	12	financial	financial	ADJ
cana-6028	129	13	stability	stability	NOUN
cana-6028	129	14	,	,	PUNCT
cana-6028	129	15	it	it	PRON
cana-6028	129	16	helps	help	VERB
cana-6028	129	17	mitigate	mitigate	VERB
cana-6028	129	18	downside	downside	ADJ
cana-6028	129	19	risk	risk	NOUN
cana-6028	129	20	in	in	ADP
cana-6028	129	21	investments	investment	NOUN
cana-6028	129	22	.	.	PUNCT
cana-6028	130	1	criteria	criterion	NOUN
cana-6028	130	2	piotroski	piotroski	ADJ
cana-6028	130	3	score	score	NOUN
cana-6028	130	4	altman	altman	PROPN
cana-6028	130	5	z	z	PROPN
cana-6028	130	6	-	-	PUNCT
cana-6028	130	7	score	score	NOUN
cana-6028	130	8	graham	graham	PROPN
cana-6028	130	9	score	score	PROPN
cana-6028	130	10	beneish	beneish	PROPN
cana-6028	130	11	m	m	PROPN
cana-6028	130	12	-	-	PUNCT
cana-6028	130	13	score	score	NOUN
cana-6028	130	14	purpose	purpose	NOUN
cana-6028	130	15	identifies	identify	VERB
cana-6028	130	16	strong	strong	ADJ
cana-6028	130	17	companies	company	NOUN
cana-6028	130	18	among	among	ADP
cana-6028	130	19	value	value	NOUN
cana-6028	130	20	stocks	stock	NOUN
cana-6028	130	21	predicts	predict	VERB
cana-6028	130	22	bankruptcy	bankruptcy	NOUN
cana-6028	130	23	risk	risk	NOUN
cana-6028	130	24	general	general	ADJ
cana-6028	130	25	financial	financial	ADJ
cana-6028	130	26	strength	strength	NOUN
cana-6028	130	27	evaluation	evaluation	NOUN
cana-6028	130	28	detects	detect	NOUN
cana-6028	130	29	earnings	earning	NOUN
cana-6028	130	30	manipulation	manipulation	NOUN
cana-6028	130	31	key	key	ADJ
cana-6028	130	32	focus	focus	NOUN
cana-6028	130	33	profitability	profitability	NOUN
cana-6028	130	34	,	,	PUNCT
cana-6028	130	35	leverage	leverage	NOUN
cana-6028	130	36	,	,	PUNCT
cana-6028	130	37	liquidity	liquidity	NOUN
cana-6028	130	38	,	,	PUNCT
cana-6028	130	39	efficiency	efficiency	NOUN
cana-6028	130	40	solvency	solvency	NOUN
cana-6028	130	41	&	&	CCONJ
cana-6028	130	42	default	default	NOUN
cana-6028	130	43	risk	risk	NOUN
cana-6028	130	44	determines	determine	VERB
cana-6028	130	45	the	the	DET
cana-6028	130	46	maximum	maximum	ADJ
cana-6028	130	47	fair	fair	ADJ
cana-6028	130	48	price	price	NOUN
cana-6028	130	49	to	to	PART
cana-6028	130	50	pay	pay	VERB
cana-6028	130	51	for	for	ADP
cana-6028	130	52	a	a	DET
cana-6028	130	53	stock	stock	NOUN
cana-6028	130	54	fraud	fraud	NOUN
cana-6028	130	55	&	&	CCONJ
cana-6028	130	56	accounting	accounting	PROPN
cana-6028	130	57	red	red	ADJ
cana-6028	130	58	flags	flag	NOUN
cana-6028	130	59	scoring	score	VERB
cana-6028	130	60	range	range	NOUN
cana-6028	130	61	0–9	0–9	INTJ
cana-6028	130	62	(	(	PUNCT
cana-6028	130	63	higher	high	ADJ
cana-6028	130	64	is	be	AUX
cana-6028	130	65	better	well	ADJ
cana-6028	130	66	)	)	PUNCT
cana-6028	130	67	above	above	ADP
cana-6028	130	68	2.99	2.99	NUM
cana-6028	130	69	(	(	PUNCT
cana-6028	130	70	safe	safe	ADJ
cana-6028	130	71	)	)	PUNCT
cana-6028	130	72	,	,	PUNCT
cana-6028	130	73	below	below	ADP
cana-6028	130	74	1.8	1.8	NUM
cana-6028	130	75	(	(	PUNCT
cana-6028	130	76	distressed	distressed	ADJ
cana-6028	130	77	)	)	PUNCT
cana-6028	130	78	varies	varie	NOUN
cana-6028	130	79	by	by	ADP
cana-6028	130	80	stock	stock	NOUN
cana-6028	130	81	(	(	PUNCT
cana-6028	130	82	higher	high	ADJ
cana-6028	130	83	suggests	suggest	NOUN
cana-6028	130	84	undervaluation	undervaluation	NOUN
cana-6028	130	85	)	)	PUNCT
cana-6028	130	86	above	above	ADP
cana-6028	130	87	–	–	PUNCT
cana-6028	130	88	2.22	2.22	NUM
cana-6028	130	89	(	(	PUNCT
cana-6028	130	90	possible	possible	ADJ
cana-6028	130	91	fraud	fraud	NOUN
cana-6028	130	92	)	)	PUNCT
cana-6028	130	93	key	key	ADJ
cana-6028	130	94	metrics	metric	NOUN
cana-6028	130	95	9	9	NUM
cana-6028	130	96	fundamental	fundamental	ADJ
cana-6028	130	97	factors	factor	NOUN
cana-6028	130	98	(	(	PUNCT
cana-6028	130	99	roa	roa	PROPN
cana-6028	130	100	,	,	PUNCT
cana-6028	130	101	cfo	cfo	ADJ
cana-6028	130	102	,	,	PUNCT
cana-6028	130	103	leverage	leverage	NOUN
cana-6028	130	104	,	,	PUNCT
cana-6028	130	105	etc	etc	X
cana-6028	130	106	.	.	X
cana-6028	130	107	)	)	PUNCT
cana-6028	130	108	liquidity	liquidity	NOUN
cana-6028	130	109	,	,	PUNCT
cana-6028	130	110	profitability	profitability	NOUN
cana-6028	130	111	,	,	PUNCT
cana-6028	130	112	leverage	leverage	NOUN
cana-6028	130	113	ratios	ratio	NOUN
cana-6028	130	114	eps	eps	PROPN
cana-6028	130	115	,	,	PUNCT
cana-6028	130	116	book	book	NOUN
cana-6028	130	117	value	value	NOUN
cana-6028	130	118	per	per	ADP
cana-6028	130	119	share	share	NOUN
cana-6028	130	120	accruals	accrual	NOUN
cana-6028	130	121	,	,	PUNCT
cana-6028	130	122	leverage	leverage	NOUN
cana-6028	130	123	,	,	PUNCT
cana-6028	130	124	sales	sale	NOUN
cana-6028	130	125	growth	growth	NOUN
cana-6028	130	126	best	good	ADJ
cana-6028	130	127	for	for	ADP
cana-6028	130	128	long	long	ADJ
cana-6028	130	129	-	-	PUNCT
cana-6028	130	130	term	term	NOUN
cana-6028	130	131	value	value	NOUN
cana-6028	130	132	investors	investor	NOUN
cana-6028	130	133	credit	credit	NOUN
cana-6028	130	134	analysts	analyst	NOUN
cana-6028	130	135	&	&	CCONJ
cana-6028	130	136	distressed	distressed	ADJ
cana-6028	130	137	debt	debt	NOUN
cana-6028	130	138	investors	investor	NOUN
cana-6028	130	139	conservative	conservative	ADJ
cana-6028	130	140	value	value	NOUN
cana-6028	130	141	investors	investor	NOUN
cana-6028	130	142	fraud	fraud	VERB
cana-6028	130	143	detection	detection	NOUN
cana-6028	130	144	https://internationalpubls.com/	https://internationalpubls.com/	ADJ
cana-6028	130	145	communications	communication	NOUN
cana-6028	130	146	on	on	ADP
cana-6028	130	147	applied	apply	VERB
cana-6028	130	148	nonlinear	nonlinear	ADJ
cana-6028	130	149	analysis	analysis	NOUN
cana-6028	130	150	issn	issn	NOUN
cana-6028	130	151	:	:	PUNCT
cana-6028	130	152	1074	1074	NUM
cana-6028	130	153	-	-	PUNCT
cana-6028	130	154	133x	133x	NUM
cana-6028	130	155	vol	vol	NOUN
cana-6028	130	156	32	32	NUM
cana-6028	131	1	no	no	NOUN
cana-6028	131	2	.	.	PUNCT
cana-6028	132	1	9s	9s	NUM
cana-6028	132	2	(	(	PUNCT
cana-6028	132	3	2025	2025	NUM
cana-6028	132	4	)	)	PUNCT
cana-6028	133	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	133	2	3233	3233	NUM
cana-6028	133	3	5	5	NUM
cana-6028	133	4	.	.	PUNCT
cana-6028	133	5	risk	risk	NOUN
cana-6028	133	6	management	management	NOUN
cana-6028	133	7	advantage	advantage	NOUN
cana-6028	133	8	:	:	PUNCT
cana-6028	133	9	helps	help	VERB
cana-6028	133	10	investors	investor	NOUN
cana-6028	133	11	avoid	avoid	VERB
cana-6028	133	12	financially	financially	ADV
cana-6028	133	13	weak	weak	ADJ
cana-6028	133	14	companies	company	NOUN
cana-6028	133	15	reducing	reduce	VERB
cana-6028	133	16	exposure	exposure	NOUN
cana-6028	133	17	to	to	ADP
cana-6028	133	18	potential	potential	ADJ
cana-6028	133	19	value	value	NOUN
cana-6028	133	20	traps	trap	NOUN
cana-6028	133	21	.	.	PUNCT
cana-6028	134	1	6	6	X
cana-6028	134	2	.	.	X
cana-6028	134	3	simplicity	simplicity	NOUN
cana-6028	134	4	in	in	ADP
cana-6028	134	5	application	application	NOUN
cana-6028	134	6	:	:	PUNCT
cana-6028	134	7	unlike	unlike	ADP
cana-6028	134	8	complex	complex	ADJ
cana-6028	134	9	models	model	NOUN
cana-6028	134	10	it	it	PRON
cana-6028	134	11	requires	require	VERB
cana-6028	134	12	only	only	ADV
cana-6028	134	13	fundamental	fundamental	ADJ
cana-6028	134	14	financial	financial	ADJ
cana-6028	134	15	statements	statement	NOUN
cana-6028	134	16	making	make	VERB
cana-6028	134	17	it	it	PRON
cana-6028	134	18	easy	easy	ADJ
cana-6028	134	19	to	to	PART
cana-6028	134	20	use	use	VERB
cana-6028	134	21	across	across	ADP
cana-6028	134	22	industries	industry	NOUN
cana-6028	134	23	.	.	PUNCT
cana-6028	135	1	7	7	X
cana-6028	135	2	.	.	NOUN
cana-6028	135	3	enhances	enhance	VERB
cana-6028	135	4	traditional	traditional	ADJ
cana-6028	135	5	value	value	NOUN
cana-6028	135	6	investing	investing	NOUN
cana-6028	135	7	:	:	PUNCT
cana-6028	135	8	acts	act	VERB
cana-6028	135	9	as	as	ADP
cana-6028	135	10	a	a	DET
cana-6028	135	11	refinement	refinement	NOUN
cana-6028	135	12	tool	tool	NOUN
cana-6028	135	13	for	for	ADP
cana-6028	135	14	traditional	traditional	ADJ
cana-6028	135	15	value	value	NOUN
cana-6028	135	16	strategies	strategy	NOUN
cana-6028	135	17	improving	improve	VERB
cana-6028	135	18	selection	selection	NOUN
cana-6028	135	19	criteria	criterion	NOUN
cana-6028	135	20	.	.	PUNCT
cana-6028	136	1	8	8	X
cana-6028	136	2	.	.	X
cana-6028	136	3	adaptability	adaptability	NOUN
cana-6028	136	4	for	for	ADP
cana-6028	136	5	portfolio	portfolio	NOUN
cana-6028	136	6	strategies	strategy	NOUN
cana-6028	136	7	:	:	PUNCT
cana-6028	136	8	can	can	AUX
cana-6028	136	9	be	be	AUX
cana-6028	136	10	integrated	integrate	VERB
cana-6028	136	11	with	with	ADP
cana-6028	136	12	other	other	ADJ
cana-6028	136	13	investment	investment	NOUN
cana-6028	136	14	models	model	NOUN
cana-6028	136	15	enhancing	enhance	VERB
cana-6028	136	16	portfolio	portfolio	NOUN
cana-6028	136	17	diversification	diversification	NOUN
cana-6028	136	18	and	and	CCONJ
cana-6028	136	19	returns	return	NOUN
cana-6028	136	20	.	.	PUNCT
cana-6028	137	1	3.1	3.1	NUM
cana-6028	137	2	.	.	PUNCT
cana-6028	137	3	fundamentals	fundamental	NOUN
cana-6028	137	4	of	of	ADP
cana-6028	137	5	piotroski	piotroski	ADJ
cana-6028	137	6	f	f	NOUN
cana-6028	137	7	-	-	PUNCT
cana-6028	137	8	score	score	VERB
cana-6028	137	9	the	the	DET
cana-6028	137	10	piotroski	piotroski	ADJ
cana-6028	137	11	f	f	NOUN
cana-6028	137	12	-	-	PUNCT
cana-6028	137	13	score	score	NOUN
cana-6028	137	14	is	be	AUX
cana-6028	137	15	a	a	DET
cana-6028	137	16	widely	widely	ADV
cana-6028	137	17	recognized	recognize	VERB
cana-6028	137	18	financial	financial	ADJ
cana-6028	137	19	metric	metric	NOUN
cana-6028	137	20	designed	design	VERB
cana-6028	137	21	to	to	PART
cana-6028	137	22	evaluate	evaluate	VERB
cana-6028	137	23	the	the	DET
cana-6028	137	24	fundamental	fundamental	ADJ
cana-6028	137	25	health	health	NOUN
cana-6028	137	26	of	of	ADP
cana-6028	137	27	companies	company	NOUN
cana-6028	137	28	using	use	VERB
cana-6028	137	29	data	datum	NOUN
cana-6028	137	30	derived	derive	VERB
cana-6028	137	31	from	from	ADP
cana-6028	137	32	their	their	PRON
cana-6028	137	33	financial	financial	ADJ
cana-6028	137	34	statements	statement	NOUN
cana-6028	137	35	.	.	PUNCT
cana-6028	138	1	introduced	introduce	VERB
cana-6028	138	2	by	by	ADP
cana-6028	138	3	joseph	joseph	PROPN
cana-6028	138	4	piotroski	piotroski	PROPN
cana-6028	138	5	in	in	ADP
cana-6028	138	6	2000	2000	NUM
cana-6028	138	7	this	this	DET
cana-6028	138	8	score	score	NOUN
cana-6028	138	9	assesses	assess	VERB
cana-6028	138	10	a	a	DET
cana-6028	138	11	company	company	NOUN
cana-6028	138	12	’s	’s	PART
cana-6028	138	13	financial	financial	ADJ
cana-6028	138	14	strength	strength	NOUN
cana-6028	138	15	based	base	VERB
cana-6028	138	16	on	on	ADP
cana-6028	138	17	nine	nine	NUM
cana-6028	138	18	criteria	criterion	NOUN
cana-6028	138	19	spread	spread	VERB
cana-6028	138	20	across	across	ADP
cana-6028	138	21	three	three	NUM
cana-6028	138	22	key	key	ADJ
cana-6028	138	23	dimensions	dimension	NOUN
cana-6028	138	24	:	:	PUNCT
cana-6028	138	25	profitability	profitability	NOUN
cana-6028	138	26	,	,	PUNCT
cana-6028	138	27	liquidity	liquidity	NOUN
cana-6028	138	28	and	and	CCONJ
cana-6028	138	29	operating	operating	NOUN
cana-6028	138	30	efficiency	efficiency	NOUN
cana-6028	138	31	.	.	PUNCT
cana-6028	139	1	these	these	DET
cana-6028	139	2	dimensions	dimension	NOUN
cana-6028	139	3	provide	provide	VERB
cana-6028	139	4	a	a	DET
cana-6028	139	5	holistic	holistic	ADJ
cana-6028	139	6	view	view	NOUN
cana-6028	139	7	of	of	ADP
cana-6028	139	8	a	a	DET
cana-6028	139	9	firm	firm	NOUN
cana-6028	139	10	’s	’s	PART
cana-6028	139	11	financial	financial	ADJ
cana-6028	139	12	performance	performance	NOUN
cana-6028	139	13	making	make	VERB
cana-6028	139	14	the	the	DET
cana-6028	139	15	f	f	NOUN
cana-6028	139	16	-	-	PUNCT
cana-6028	139	17	score	score	VERB
cana-6028	139	18	a	a	DET
cana-6028	139	19	valuable	valuable	ADJ
cana-6028	139	20	tool	tool	NOUN
cana-6028	139	21	for	for	ADP
cana-6028	139	22	investors	investor	NOUN
cana-6028	139	23	particularly	particularly	ADV
cana-6028	139	24	those	those	PRON
cana-6028	139	25	focusing	focus	VERB
cana-6028	139	26	on	on	ADP
cana-6028	139	27	value	value	NOUN
cana-6028	139	28	investing	investing	NOUN
cana-6028	139	29	.	.	PUNCT
cana-6028	140	1	3.1.1	3.1.1	X
cana-6028	140	2	.	.	PUNCT
cana-6028	140	3	profitability	profitability	NOUN
cana-6028	140	4	signals	signal	NOUN
cana-6028	140	5	:	:	PUNCT
cana-6028	140	6	profitability	profitability	NOUN
cana-6028	140	7	is	be	AUX
cana-6028	140	8	a	a	DET
cana-6028	140	9	key	key	ADJ
cana-6028	140	10	indicator	indicator	NOUN
cana-6028	140	11	of	of	ADP
cana-6028	140	12	a	a	DET
cana-6028	140	13	firm	firm	NOUN
cana-6028	140	14	’s	’s	PART
cana-6028	140	15	financial	financial	ADJ
cana-6028	140	16	health	health	NOUN
cana-6028	140	17	and	and	CCONJ
cana-6028	140	18	ability	ability	NOUN
cana-6028	140	19	to	to	PART
cana-6028	140	20	generate	generate	VERB
cana-6028	140	21	returns	return	NOUN
cana-6028	140	22	.	.	PUNCT
cana-6028	141	1	the	the	DET
cana-6028	141	2	piotroski	piotroski	ADJ
cana-6028	141	3	f	f	NOUN
cana-6028	141	4	-	-	PUNCT
cana-6028	141	5	score	score	NOUN
cana-6028	141	6	assesses	assesse	NOUN
cana-6028	141	7	profitability	profitability	NOUN
cana-6028	141	8	through	through	ADP
cana-6028	141	9	four	four	NUM
cana-6028	141	10	criteria	criterion	NOUN
cana-6028	141	11	.	.	PUNCT
cana-6028	142	1	•	•	NUM
cana-6028	142	2	return	return	NOUN
cana-6028	142	3	on	on	ADP
cana-6028	142	4	assets	asset	NOUN
cana-6028	142	5	(	(	PUNCT
cana-6028	142	6	roa	roa	PROPN
cana-6028	142	7	):	):	PUNCT
cana-6028	142	8	a	a	DET
cana-6028	142	9	measure	measure	NOUN
cana-6028	142	10	of	of	ADP
cana-6028	142	11	net	net	ADJ
cana-6028	142	12	income	income	NOUN
cana-6028	142	13	relative	relative	ADJ
cana-6028	142	14	to	to	ADP
cana-6028	142	15	total	total	ADJ
cana-6028	142	16	assets	asset	NOUN
cana-6028	142	17	,	,	PUNCT
cana-6028	142	18	where	where	SCONJ
cana-6028	142	19	a	a	DET
cana-6028	142	20	positive	positive	ADJ
cana-6028	142	21	roa	roa	NOUN
cana-6028	142	22	signals	signal	NOUN
cana-6028	142	23	that	that	SCONJ
cana-6028	142	24	the	the	DET
cana-6028	142	25	company	company	NOUN
cana-6028	142	26	is	be	AUX
cana-6028	142	27	effectively	effectively	ADV
cana-6028	142	28	generating	generate	VERB
cana-6028	142	29	profit	profit	NOUN
cana-6028	142	30	.	.	PUNCT
cana-6028	143	1	roa	roa	PROPN
cana-6028	144	1	=	=	PROPN
cana-6028	144	2	𝑁𝑒𝑡	𝑁𝑒𝑡	PROPN
cana-6028	144	3	𝐼𝑛𝑐𝑜𝑚𝑒	𝐼𝑛𝑐𝑜𝑚𝑒	PROPN
cana-6028	144	4	𝑇𝑜𝑡𝑎𝑙	𝑇𝑜𝑡𝑎𝑙	PROPN
cana-6028	144	5	𝐴𝑠𝑠𝑒𝑡𝑠	𝐴𝑠𝑠𝑒𝑡𝑠	PROPN
cana-6028	144	6	•	•	NOUN
cana-6028	144	7	operating	operate	VERB
cana-6028	144	8	cash	cash	NOUN
cana-6028	144	9	flow	flow	NOUN
cana-6028	144	10	(	(	PUNCT
cana-6028	144	11	ocf	ocf	PROPN
cana-6028	144	12	):	):	PUNCT
cana-6028	144	13	positive	positive	ADJ
cana-6028	144	14	cash	cash	NOUN
cana-6028	144	15	flow	flow	NOUN
cana-6028	144	16	from	from	ADP
cana-6028	144	17	operations	operation	NOUN
cana-6028	144	18	indicates	indicate	VERB
cana-6028	144	19	that	that	SCONJ
cana-6028	144	20	the	the	DET
cana-6028	144	21	firm	firm	NOUN
cana-6028	144	22	’s	’s	PART
cana-6028	144	23	core	core	NOUN
cana-6028	144	24	business	business	NOUN
cana-6028	144	25	activities	activity	NOUN
cana-6028	144	26	5	5	NUM
cana-6028	144	27	generate	generate	VERB
cana-6028	144	28	sufficient	sufficient	ADJ
cana-6028	144	29	cash	cash	NOUN
cana-6028	144	30	.	.	PUNCT
cana-6028	145	1	ocf	ocf	NOUN
cana-6028	146	1	=	=	NOUN
cana-6028	146	2	cash	cash	NOUN
cana-6028	146	3	flow	flow	NOUN
cana-6028	146	4	from	from	ADP
cana-6028	146	5	operations	operation	NOUN
cana-6028	146	6	•	•	PRON
cana-6028	146	7	quality	quality	NOUN
cana-6028	146	8	of	of	ADP
cana-6028	146	9	earnings	earning	NOUN
cana-6028	146	10	:	:	PUNCT
cana-6028	146	11	this	this	DET
cana-6028	146	12	criterion	criterion	NOUN
cana-6028	146	13	checks	check	VERB
cana-6028	146	14	whether	whether	SCONJ
cana-6028	146	15	the	the	DET
cana-6028	146	16	ocf	ocf	NOUN
cana-6028	146	17	exceeds	exceed	VERB
cana-6028	146	18	the	the	DET
cana-6028	146	19	signalling	signal	VERB
cana-6028	146	20	that	that	SCONJ
cana-6028	146	21	the	the	DET
cana-6028	146	22	reported	report	VERB
cana-6028	146	23	earnings	earning	NOUN
cana-6028	146	24	are	be	AUX
cana-6028	146	25	sustainable	sustainable	ADJ
cana-6028	146	26	and	and	CCONJ
cana-6028	146	27	not	not	PART
cana-6028	146	28	overly	overly	ADV
cana-6028	146	29	influenced	influence	VERB
cana-6028	146	30	by	by	ADP
cana-6028	146	31	accounting	accounting	NOUN
cana-6028	146	32	adjustments	adjustment	NOUN
cana-6028	146	33	.	.	PUNCT
cana-6028	147	1	𝑄𝑢𝑎𝑙𝑖𝑡𝑦	𝑄𝑢𝑎𝑙𝑖𝑡𝑦	PROPN
cana-6028	147	2	𝑜𝑓	𝑜𝑓	ADP
cana-6028	147	3	𝐸𝑎𝑟𝑛𝑖𝑛𝑔𝑠	𝐸𝑎𝑟𝑛𝑖𝑛𝑔𝑠	PROPN
cana-6028	147	4	=	=	PUNCT
cana-6028	147	5	{	{	PUNCT
cana-6028	147	6	1	1	NUM
cana-6028	147	7	,	,	PUNCT
cana-6028	147	8	𝑖𝑓	𝑖𝑓	ADP
cana-6028	147	9	𝑂𝐶𝐹	𝑂𝐶𝐹	PROPN
cana-6028	147	10	>	>	X
cana-6028	148	1	𝑁𝑒𝑡	𝑁𝑒𝑡	PROPN
cana-6028	148	2	𝐼𝑛𝑐𝑜𝑚𝑒	𝐼𝑛𝑐𝑜𝑚𝑒	PROPN
cana-6028	148	3	=	=	PROPN
cana-6028	148	4	{	{	PUNCT
cana-6028	148	5	0	0	NUM
cana-6028	148	6	,	,	PUNCT
cana-6028	148	7	𝑜𝑡ℎ𝑒𝑟𝑤𝑖𝑠𝑒	𝑜𝑡ℎ𝑒𝑟𝑤𝑖𝑠𝑒	VERB
cana-6028	148	8	•	•	NOUN
cana-6028	148	9	change	change	NOUN
cana-6028	148	10	in	in	ADP
cana-6028	148	11	return	return	NOUN
cana-6028	148	12	on	on	ADP
cana-6028	148	13	assets	asset	NOUN
cana-6028	148	14	(	(	PUNCT
cana-6028	148	15	∆roa	∆roa	NOUN
cana-6028	148	16	):	):	PUNCT
cana-6028	148	17	an	an	DET
cana-6028	148	18	improvement	improvement	NOUN
cana-6028	148	19	in	in	ADP
cana-6028	148	20	roa	roa	NOUN
cana-6028	148	21	compared	compare	VERB
cana-6028	148	22	to	to	ADP
cana-6028	148	23	the	the	DET
cana-6028	148	24	previous	previous	ADJ
cana-6028	148	25	year	year	NOUN
cana-6028	148	26	suggests	suggest	VERB
cana-6028	148	27	increased	increase	VERB
cana-6028	148	28	profitability	profitability	NOUN
cana-6028	148	29	and	and	CCONJ
cana-6028	148	30	operational	operational	ADJ
cana-6028	148	31	performance	performance	NOUN
cana-6028	148	32	.	.	PUNCT
cana-6028	149	1	∆roa	∆roa	NOUN
cana-6028	149	2	=	=	SYM
cana-6028	149	3	roa(current	roa(current	ADJ
cana-6028	149	4	-	-	PUNCT
cana-6028	149	5	year	year	NOUN
cana-6028	149	6	)	)	PUNCT
cana-6028	149	7	–	–	PUNCT
cana-6028	149	8	roa(previous	roa(previous	ADJ
cana-6028	149	9	-	-	PUNCT
cana-6028	149	10	year	year	NOUN
cana-6028	149	11	)	)	PUNCT
cana-6028	150	1	where	where	SCONJ
cana-6028	150	2	:	:	PUNCT
cana-6028	150	3	roa	roa	PROPN
cana-6028	150	4	=	=	PROPN
cana-6028	150	5	𝑁𝑒𝑡	𝑁𝑒𝑡	PROPN
cana-6028	150	6	𝐼𝑛𝑐𝑜𝑚𝑒	𝐼𝑛𝑐𝑜𝑚𝑒	PROPN
cana-6028	150	7	𝑇𝑜𝑡𝑎𝑙	𝑇𝑜𝑡𝑎𝑙	PROPN
cana-6028	150	8	𝐴𝑠𝑠𝑒𝑡𝑠	𝐴𝑠𝑠𝑒𝑡𝑠	PROPN
cana-6028	150	9	3.1.2	3.1.2	NUM
cana-6028	150	10	.	.	PUNCT
cana-6028	150	11	leverage	leverage	NOUN
cana-6028	150	12	,	,	PUNCT
cana-6028	150	13	liquidity	liquidity	NOUN
cana-6028	150	14	,	,	PUNCT
cana-6028	150	15	and	and	CCONJ
cana-6028	150	16	funding	funding	NOUN
cana-6028	150	17	:	:	PUNCT
cana-6028	150	18	this	this	DET
cana-6028	150	19	dimension	dimension	NOUN
cana-6028	150	20	evaluates	evaluate	VERB
cana-6028	150	21	the	the	DET
cana-6028	150	22	firm	firm	NOUN
cana-6028	150	23	’s	’s	PART
cana-6028	150	24	ability	ability	NOUN
cana-6028	150	25	to	to	PART
cana-6028	150	26	manage	manage	VERB
cana-6028	150	27	debt	debt	NOUN
cana-6028	150	28	,	,	PUNCT
cana-6028	150	29	maintain	maintain	VERB
cana-6028	150	30	liquidity	liquidity	NOUN
cana-6028	150	31	,	,	PUNCT
cana-6028	150	32	and	and	CCONJ
cana-6028	150	33	fund	fund	NOUN
cana-6028	150	34	operations	operation	NOUN
cana-6028	150	35	without	without	ADP
cana-6028	150	36	overreliance	overreliance	NOUN
cana-6028	150	37	on	on	ADP
cana-6028	150	38	external	external	ADJ
cana-6028	150	39	financing	financing	NOUN
cana-6028	150	40	.	.	PUNCT
cana-6028	151	1	•	•	NUM
cana-6028	151	2	change	change	NOUN
cana-6028	151	3	in	in	ADP
cana-6028	151	4	leverage	leverage	NOUN
cana-6028	151	5	(	(	PUNCT
cana-6028	151	6	∆leverage	∆leverage	NUM
cana-6028	151	7	):	):	PUNCT
cana-6028	151	8	a	a	DET
cana-6028	151	9	decrease	decrease	NOUN
cana-6028	151	10	in	in	ADP
cana-6028	151	11	long	long	ADJ
cana-6028	151	12	term	term	NOUN
cana-6028	151	13	debt	debt	NOUN
cana-6028	151	14	as	as	ADP
cana-6028	151	15	a	a	DET
cana-6028	151	16	percentage	percentage	NOUN
cana-6028	151	17	of	of	ADP
cana-6028	151	18	total	total	ADJ
cana-6028	151	19	assets	asset	NOUN
cana-6028	151	20	indicates	indicate	VERB
cana-6028	151	21	improved	improved	ADJ
cana-6028	151	22	financial	financial	ADJ
cana-6028	151	23	stability	stability	NOUN
cana-6028	151	24	and	and	CCONJ
cana-6028	151	25	reduced	reduced	ADJ
cana-6028	151	26	dependence	dependence	NOUN
cana-6028	151	27	on	on	ADP
cana-6028	151	28	borrowed	borrow	VERB
cana-6028	151	29	capital	capital	NOUN
cana-6028	151	30	.	.	PUNCT
cana-6028	152	1	∆leverage	∆leverage	NOUN
cana-6028	152	2	=	=	SYM
cana-6028	152	3	leverage(current	leverage(current	NOUN
cana-6028	152	4	-	-	PUNCT
cana-6028	152	5	year	year	NOUN
cana-6028	152	6	)	)	PUNCT
cana-6028	152	7	–	–	PUNCT
cana-6028	152	8	leverage(previous	leverage(previous	NOUN
cana-6028	152	9	-	-	PUNCT
cana-6028	152	10	year	year	NOUN
cana-6028	152	11	)	)	PUNCT
cana-6028	153	1	where	where	SCONJ
cana-6028	153	2	:	:	PUNCT
cana-6028	153	3	leverage	leverage	NOUN
cana-6028	153	4	=	=	PUNCT
cana-6028	153	5	𝐿𝑜𝑛𝑔−𝑇𝑒𝑟𝑚	𝐿𝑜𝑛𝑔−𝑇𝑒𝑟𝑚	PROPN
cana-6028	153	6	𝐷𝑒𝑏𝑡	𝐷𝑒𝑏𝑡	PROPN
cana-6028	153	7	𝑇𝑜𝑡𝑎𝑙	𝑇𝑜𝑡𝑎𝑙	PROPN
cana-6028	153	8	𝐴𝑠𝑠𝑒𝑡𝑠	𝐴𝑠𝑠𝑒𝑡𝑠	ADJ
cana-6028	153	9	•	•	NUM
cana-6028	153	10	change	change	NOUN
cana-6028	153	11	in	in	ADP
cana-6028	153	12	liquidity	liquidity	NOUN
cana-6028	153	13	(	(	PUNCT
cana-6028	153	14	∆liquidity	∆liquidity	NOUN
cana-6028	153	15	):	):	PUNCT
cana-6028	153	16	improvement	improvement	NOUN
cana-6028	153	17	in	in	ADP
cana-6028	153	18	the	the	DET
cana-6028	153	19	current	current	ADJ
cana-6028	153	20	ratio	ratio	NOUN
cana-6028	153	21	which	which	PRON
cana-6028	153	22	measures	measure	VERB
cana-6028	153	23	current	current	ADJ
cana-6028	153	24	assets	asset	NOUN
cana-6028	153	25	relative	relative	ADJ
cana-6028	153	26	to	to	ADP
cana-6028	153	27	current	current	ADJ
cana-6028	153	28	liabilities	liability	NOUN
cana-6028	153	29	reflects	reflect	VERB
cana-6028	153	30	the	the	DET
cana-6028	153	31	firm	firm	NOUN
cana-6028	153	32	’s	’s	PART
cana-6028	153	33	ability	ability	NOUN
cana-6028	153	34	to	to	PART
cana-6028	153	35	meet	meet	VERB
cana-6028	153	36	short	short	ADJ
cana-6028	153	37	term	term	NOUN
cana-6028	153	38	obligations	obligation	NOUN
cana-6028	153	39	.	.	PUNCT
cana-6028	154	1	https://internationalpubls.com/	https://internationalpubls.com/	ADJ
cana-6028	154	2	communications	communication	NOUN
cana-6028	154	3	on	on	ADP
cana-6028	154	4	applied	apply	VERB
cana-6028	154	5	nonlinear	nonlinear	ADJ
cana-6028	154	6	analysis	analysis	NOUN
cana-6028	154	7	issn	issn	NOUN
cana-6028	154	8	:	:	PUNCT
cana-6028	154	9	1074	1074	NUM
cana-6028	154	10	-	-	PUNCT
cana-6028	154	11	133x	133x	NUM
cana-6028	154	12	vol	vol	NOUN
cana-6028	154	13	32	32	NUM
cana-6028	154	14	no	no	NOUN
cana-6028	154	15	.	.	PUNCT
cana-6028	155	1	9s	9s	NUM
cana-6028	155	2	(	(	PUNCT
cana-6028	155	3	2025	2025	NUM
cana-6028	155	4	)	)	PUNCT
cana-6028	156	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	156	2	3234	3234	NUM
cana-6028	156	3	∆liquidity	∆liquidity	NOUN
cana-6028	156	4	=	=	SYM
cana-6028	156	5	current	current	ADJ
cana-6028	156	6	ratio(current	ratio(current	NOUN
cana-6028	156	7	-	-	PUNCT
cana-6028	156	8	year	year	NOUN
cana-6028	156	9	)	)	PUNCT
cana-6028	157	1	−	−	ADP
cana-6028	157	2	current	current	ADJ
cana-6028	157	3	ratio(previous	ratio(previous	ADJ
cana-6028	157	4	-	-	PUNCT
cana-6028	157	5	year	year	NOUN
cana-6028	157	6	)	)	PUNCT
cana-6028	157	7	where	where	SCONJ
cana-6028	157	8	:	:	PUNCT
cana-6028	157	9	current	current	ADJ
cana-6028	157	10	ratio	ratio	NOUN
cana-6028	157	11	=	=	SYM
cana-6028	157	12	𝐶𝑢𝑟𝑟𝑒𝑛𝑡	𝐶𝑢𝑟𝑟𝑒𝑛𝑡	PROPN
cana-6028	157	13	𝐴𝑠𝑠𝑒𝑡𝑠	𝐴𝑠𝑠𝑒𝑡𝑠	PROPN
cana-6028	157	14	𝐶𝑢𝑟𝑟𝑒𝑛𝑡	𝐶𝑢𝑟𝑟𝑒𝑛𝑡	PROPN
cana-6028	157	15	𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠	𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠	PROPN
cana-6028	157	16	•	•	NUM
cana-6028	157	17	equity	equity	NOUN
cana-6028	157	18	issuance	issuance	NOUN
cana-6028	157	19	:	:	PUNCT
cana-6028	157	20	a	a	DET
cana-6028	157	21	firm	firm	NOUN
cana-6028	157	22	that	that	PRON
cana-6028	157	23	has	have	AUX
cana-6028	157	24	not	not	PART
cana-6028	157	25	issued	issue	VERB
cana-6028	157	26	new	new	ADJ
cana-6028	157	27	equity	equity	NOUN
cana-6028	157	28	in	in	ADP
cana-6028	157	29	the	the	DET
cana-6028	157	30	reporting	reporting	NOUN
cana-6028	157	31	year	year	NOUN
cana-6028	157	32	scores	score	NOUN
cana-6028	157	33	positively	positively	ADV
cana-6028	157	34	,	,	PUNCT
cana-6028	157	35	signalling	signal	VERB
cana-6028	157	36	that	that	SCONJ
cana-6028	157	37	it	it	PRON
cana-6028	157	38	is	be	AUX
cana-6028	157	39	funding	fund	VERB
cana-6028	157	40	operations	operation	NOUN
cana-6028	157	41	and	and	CCONJ
cana-6028	157	42	growth	growth	NOUN
cana-6028	157	43	internally	internally	ADV
cana-6028	157	44	rather	rather	ADV
cana-6028	157	45	than	than	ADP
cana-6028	157	46	diluting	dilute	VERB
cana-6028	157	47	shareholder	shareholder	NOUN
cana-6028	157	48	value	value	NOUN
cana-6028	157	49	.	.	PUNCT
cana-6028	158	1	equity	equity	NOUN
cana-6028	158	2	issuance	issuance	NOUN
cana-6028	159	1	=	=	NOUN
cana-6028	159	2	{	{	PUNCT
cana-6028	159	3	1	1	NUM
cana-6028	159	4	,	,	PUNCT
cana-6028	159	5	if	if	SCONJ
cana-6028	159	6	no	no	DET
cana-6028	159	7	new	new	ADJ
cana-6028	159	8	equity	equity	NOUN
cana-6028	159	9	issued	issue	VERB
cana-6028	159	10	=	=	PUNCT
cana-6028	159	11	{	{	PUNCT
cana-6028	159	12	0	0	NUM
cana-6028	159	13	,	,	PUNCT
cana-6028	159	14	if	if	SCONJ
cana-6028	159	15	new	new	ADJ
cana-6028	159	16	equity	equity	NOUN
cana-6028	159	17	issued	issue	VERB
cana-6028	159	18	3.1.3	3.1.3	NUM
cana-6028	159	19	.	.	PUNCT
cana-6028	159	20	operating	operate	VERB
cana-6028	159	21	efficiency	efficiency	NOUN
cana-6028	159	22	:	:	PUNCT
cana-6028	159	23	efficiency	efficiency	NOUN
cana-6028	159	24	metrics	metric	NOUN
cana-6028	159	25	reflect	reflect	VERB
cana-6028	159	26	a	a	DET
cana-6028	159	27	firm	firm	NOUN
cana-6028	159	28	’s	’s	PART
cana-6028	159	29	ability	ability	NOUN
cana-6028	159	30	to	to	PART
cana-6028	159	31	optimize	optimize	VERB
cana-6028	159	32	resource	resource	NOUN
cana-6028	159	33	utilization	utilization	NOUN
cana-6028	159	34	and	and	CCONJ
cana-6028	159	35	maintain	maintain	VERB
cana-6028	159	36	competitive	competitive	ADJ
cana-6028	159	37	margins	margin	NOUN
cana-6028	159	38	:	:	PUNCT
cana-6028	159	39	•	•	NUM
cana-6028	159	40	change	change	NOUN
cana-6028	159	41	in	in	ADP
cana-6028	159	42	gross	gross	ADJ
cana-6028	159	43	margin	margin	NOUN
cana-6028	159	44	(	(	PUNCT
cana-6028	159	45	∆margin	∆margin	NOUN
cana-6028	159	46	):	):	PUNCT
cana-6028	159	47	an	an	DET
cana-6028	159	48	increase	increase	NOUN
cana-6028	159	49	in	in	ADP
cana-6028	159	50	the	the	DET
cana-6028	159	51	percentage	percentage	NOUN
cana-6028	159	52	of	of	ADP
cana-6028	159	53	gross	gross	ADJ
cana-6028	159	54	margin	margin	NOUN
cana-6028	159	55	suggests	suggest	VERB
cana-6028	159	56	improved	improve	VERB
cana-6028	159	57	cost	cost	NOUN
cana-6028	159	58	control	control	NOUN
cana-6028	159	59	or	or	CCONJ
cana-6028	159	60	pricing	pricing	NOUN
cana-6028	159	61	power	power	NOUN
cana-6028	159	62	,	,	PUNCT
cana-6028	159	63	which	which	PRON
cana-6028	159	64	contributes	contribute	VERB
cana-6028	159	65	to	to	ADP
cana-6028	159	66	higher	high	ADJ
cana-6028	159	67	profitability	profitability	NOUN
cana-6028	159	68	.	.	PUNCT
cana-6028	160	1	∆margin	∆margin	PUNCT
cana-6028	160	2	=	=	NOUN
cana-6028	160	3	gross	gross	ADJ
cana-6028	160	4	margin(current	margin(current	PROPN
cana-6028	160	5	-	-	PUNCT
cana-6028	160	6	year	year	NOUN
cana-6028	160	7	)	)	PUNCT
cana-6028	160	8	−	−	PROPN
cana-6028	160	9	gross	gross	ADJ
cana-6028	160	10	margin(previous	margin(previous	ADJ
cana-6028	160	11	-	-	PUNCT
cana-6028	160	12	year	year	NOUN
cana-6028	160	13	)	)	PUNCT
cana-6028	160	14	where	where	SCONJ
cana-6028	160	15	:	:	PUNCT
cana-6028	160	16	gross	gross	ADJ
cana-6028	160	17	margin	margin	NOUN
cana-6028	160	18	=	=	PUNCT
cana-6028	160	19	revenue	revenue	NOUN
cana-6028	160	20	−cost	−cost	NUM
cana-6028	160	21	of	of	ADP
cana-6028	160	22	goods	good	NOUN
cana-6028	160	23	sold	sell	VERB
cana-6028	160	24	(	(	PUNCT
cana-6028	160	25	cogs	cog	NOUN
cana-6028	160	26	)	)	PUNCT
cana-6028	160	27	𝑅𝑒𝑣𝑒𝑛𝑢𝑒	𝑅𝑒𝑣𝑒𝑛𝑢𝑒	PROPN
cana-6028	160	28	•	•	NUM
cana-6028	160	29	change	change	NOUN
cana-6028	160	30	in	in	ADP
cana-6028	160	31	asset	asset	NOUN
cana-6028	160	32	turnover	turnover	NOUN
cana-6028	160	33	(	(	PUNCT
cana-6028	160	34	∆turnover	∆turnover	NUM
cana-6028	160	35	):	):	PUNCT
cana-6028	160	36	growth	growth	NOUN
cana-6028	160	37	in	in	ADP
cana-6028	160	38	revenue	revenue	NOUN
cana-6028	160	39	relative	relative	ADJ
cana-6028	160	40	to	to	ADP
cana-6028	160	41	assets	asset	NOUN
cana-6028	160	42	indicates	indicate	VERB
cana-6028	160	43	enhanced	enhanced	ADJ
cana-6028	160	44	operational	operational	ADJ
cana-6028	160	45	efficiency	efficiency	NOUN
cana-6028	160	46	and	and	CCONJ
cana-6028	160	47	better	well	ADJ
cana-6028	160	48	use	use	NOUN
cana-6028	160	49	of	of	ADP
cana-6028	160	50	company	company	NOUN
cana-6028	160	51	resources	resource	NOUN
cana-6028	160	52	.	.	PUNCT
cana-6028	161	1	∆turnover	∆turnover	X
cana-6028	161	2	=	=	SYM
cana-6028	161	3	asset	asset	NOUN
cana-6028	161	4	turnover(current	turnover(current	NOUN
cana-6028	161	5	-	-	PUNCT
cana-6028	161	6	year	year	NOUN
cana-6028	161	7	)	)	PUNCT
cana-6028	162	1	−	−	PROPN
cana-6028	162	2	asset	asset	NOUN
cana-6028	162	3	turnover(previous	turnover(previous	ADJ
cana-6028	162	4	-	-	PUNCT
cana-6028	162	5	year	year	NOUN
cana-6028	162	6	)	)	PUNCT
cana-6028	162	7	where	where	SCONJ
cana-6028	162	8	:	:	PUNCT
cana-6028	162	9	asset	asset	NOUN
cana-6028	162	10	turnover	turnover	NOUN
cana-6028	162	11	=	=	NOUN
cana-6028	162	12	revenue	revenue	NOUN
cana-6028	162	13	𝑇𝑜𝑡𝑎𝑙	𝑇𝑜𝑡𝑎𝑙	PROPN
cana-6028	162	14	𝐴𝑠𝑠𝑒𝑡𝑠	𝐴𝑠𝑠𝑒𝑡𝑠	PROPN
cana-6028	162	15	3.2	3.2	NUM
cana-6028	162	16	.	.	PUNCT
cana-6028	163	1	implementation	implementation	NOUN
cana-6028	163	2	this	this	DET
cana-6028	163	3	study	study	NOUN
cana-6028	163	4	employs	employ	VERB
cana-6028	163	5	a	a	DET
cana-6028	163	6	systematic	systematic	ADJ
cana-6028	163	7	methodology	methodology	NOUN
cana-6028	163	8	to	to	PART
cana-6028	163	9	evaluate	evaluate	VERB
cana-6028	163	10	the	the	DET
cana-6028	163	11	performance	performance	NOUN
cana-6028	163	12	of	of	ADP
cana-6028	163	13	companies	company	NOUN
cana-6028	163	14	listed	list	VERB
cana-6028	163	15	in	in	ADP
cana-6028	163	16	the	the	DET
cana-6028	163	17	nifty	nifty	ADJ
cana-6028	163	18	100	100	NUM
cana-6028	163	19	index	index	NOUN
cana-6028	163	20	using	use	VERB
cana-6028	163	21	the	the	DET
cana-6028	163	22	piotroski	piotroski	ADJ
cana-6028	163	23	f	f	NOUN
cana-6028	163	24	-	-	PUNCT
cana-6028	163	25	score	score	NOUN
cana-6028	163	26	as	as	ADP
cana-6028	163	27	a	a	DET
cana-6028	163	28	screening	screening	NOUN
cana-6028	163	29	tool	tool	NOUN
cana-6028	163	30	.	.	PUNCT
cana-6028	164	1	the	the	DET
cana-6028	164	2	approach	approach	NOUN
cana-6028	164	3	spans	span	VERB
cana-6028	164	4	data	datum	NOUN
cana-6028	164	5	extraction	extraction	NOUN
cana-6028	164	6	,	,	PUNCT
cana-6028	164	7	company	company	NOUN
cana-6028	164	8	selection	selection	NOUN
cana-6028	164	9	,	,	PUNCT
cana-6028	164	10	and	and	CCONJ
cana-6028	164	11	investment	investment	NOUN
cana-6028	164	12	simulations	simulation	NOUN
cana-6028	164	13	over	over	ADP
cana-6028	164	14	a	a	DET
cana-6028	164	15	longitudinal	longitudinal	ADJ
cana-6028	164	16	period	period	NOUN
cana-6028	164	17	from	from	ADP
cana-6028	164	18	2006	2006	NUM
cana-6028	164	19	to	to	ADP
cana-6028	164	20	2024	2024	NUM
cana-6028	164	21	.	.	PUNCT
cana-6028	165	1	3.3	3.3	NUM
cana-6028	165	2	.	.	PUNCT
cana-6028	166	1	data	datum	NOUN
cana-6028	166	2	collection	collection	NOUN
cana-6028	166	3	and	and	CCONJ
cana-6028	166	4	extraction	extraction	NOUN
cana-6028	166	5	3.3.1	3.3.1	NUM
cana-6028	166	6	.	.	PUNCT
cana-6028	167	1	data	datum	NOUN
cana-6028	167	2	extraction	extraction	NOUN
cana-6028	167	3	:	:	PUNCT
cana-6028	167	4	the	the	DET
cana-6028	167	5	financial	financial	ADJ
cana-6028	167	6	data	datum	NOUN
cana-6028	167	7	required	require	VERB
cana-6028	167	8	for	for	ADP
cana-6028	167	9	this	this	DET
cana-6028	167	10	study	study	NOUN
cana-6028	167	11	was	be	AUX
cana-6028	167	12	sourced	source	VERB
cana-6028	167	13	from	from	ADP
cana-6028	167	14	:	:	PUNCT
cana-6028	167	15	•	•	NUM
cana-6028	167	16	historical	historical	ADJ
cana-6028	167	17	data	datum	NOUN
cana-6028	167	18	of	of	ADP
cana-6028	167	19	income	income	NOUN
cana-6028	167	20	statements	statement	NOUN
cana-6028	167	21	,	,	PUNCT
cana-6028	167	22	balance	balance	NOUN
cana-6028	167	23	sheet	sheet	NOUN
cana-6028	167	24	and	and	CCONJ
cana-6028	167	25	cash	cash	NOUN
cana-6028	167	26	flow	flow	NOUN
cana-6028	167	27	(	(	PUNCT
cana-6028	167	28	20052024	20052024	NUM
cana-6028	167	29	):	):	PUNCT
cana-6028	167	30	collected	collect	VERB
cana-6028	167	31	from	from	ADP
cana-6028	167	32	the	the	DET
cana-6028	167	33	center	center	NOUN
cana-6028	167	34	for	for	ADP
cana-6028	167	35	monitoring	monitor	VERB
cana-6028	167	36	indian	indian	ADJ
cana-6028	167	37	economy	economy	NOUN
cana-6028	167	38	(	(	PUNCT
cana-6028	167	39	cmie	cmie	PROPN
cana-6028	167	40	express	express	PROPN
cana-6028	167	41	)	)	PUNCT
cana-6028	167	42	.	.	PUNCT
cana-6028	168	1	•	•	NUM
cana-6028	168	2	yahoo	yahoo	PROPN
cana-6028	168	3	finance	finance	NOUN
cana-6028	168	4	:	:	PUNCT
cana-6028	168	5	provided	provide	VERB
cana-6028	168	6	comprehensive	comprehensive	ADJ
cana-6028	168	7	historical	historical	ADJ
cana-6028	168	8	records	record	NOUN
cana-6028	168	9	of	of	ADP
cana-6028	168	10	companies	company	NOUN
cana-6028	168	11	listed	list	VERB
cana-6028	168	12	in	in	ADP
cana-6028	168	13	the	the	DET
cana-6028	168	14	nifty	nifty	ADJ
cana-6028	168	15	100	100	NUM
cana-6028	168	16	index	index	NOUN
cana-6028	168	17	.	.	PUNCT
cana-6028	169	1	3.3.2	3.3.2	X
cana-6028	169	2	.	.	PUNCT
cana-6028	169	3	data	datum	NOUN
cana-6028	169	4	scope	scope	NOUN
cana-6028	169	5	:	:	PUNCT
cana-6028	169	6	•	•	ADP
cana-6028	169	7	the	the	DET
cana-6028	169	8	study	study	NOUN
cana-6028	169	9	focuses	focus	VERB
cana-6028	169	10	on	on	ADP
cana-6028	169	11	the	the	DET
cana-6028	169	12	best	good	ADJ
cana-6028	169	13	performing	perform	VERB
cana-6028	169	14	companies	company	NOUN
cana-6028	169	15	in	in	ADP
cana-6028	169	16	nifty	nifty	ADJ
cana-6028	169	17	100	100	NUM
cana-6028	169	18	to	to	PART
cana-6028	169	19	identify	identify	VERB
cana-6028	169	20	trends	trend	NOUN
cana-6028	169	21	and	and	CCONJ
cana-6028	169	22	patterns	pattern	NOUN
cana-6028	169	23	in	in	ADP
cana-6028	169	24	financial	financial	ADJ
cana-6028	169	25	health	health	NOUN
cana-6028	169	26	over	over	ADP
cana-6028	169	27	time	time	NOUN
cana-6028	169	28	.	.	PUNCT
cana-6028	170	1	•	•	NUM
cana-6028	170	2	the	the	DET
cana-6028	170	3	financial	financial	ADJ
cana-6028	170	4	statements	statement	NOUN
cana-6028	170	5	were	be	AUX
cana-6028	170	6	analysed	analyse	VERB
cana-6028	170	7	to	to	PART
cana-6028	170	8	calculate	calculate	VERB
cana-6028	170	9	the	the	DET
cana-6028	170	10	nine	nine	NUM
cana-6028	170	11	components	component	NOUN
cana-6028	170	12	of	of	ADP
cana-6028	170	13	the	the	DET
cana-6028	170	14	piotroski	piotroski	ADJ
cana-6028	170	15	f	f	NOUN
cana-6028	170	16	-	-	PUNCT
cana-6028	170	17	score	score	NOUN
cana-6028	170	18	,	,	PUNCT
cana-6028	170	19	covering	cover	VERB
cana-6028	170	20	metrics	metric	NOUN
cana-6028	170	21	of	of	ADP
cana-6028	170	22	profitability	profitability	NOUN
cana-6028	170	23	,	,	PUNCT
cana-6028	170	24	leverage	leverage	NOUN
cana-6028	170	25	,	,	PUNCT
cana-6028	170	26	liquidity	liquidity	NOUN
cana-6028	170	27	,	,	PUNCT
cana-6028	170	28	and	and	CCONJ
cana-6028	170	29	operational	operational	ADJ
cana-6028	170	30	efficiency	efficiency	NOUN
cana-6028	170	31	.	.	PUNCT
cana-6028	171	1	3.3.3	3.3.3	NUM
cana-6028	171	2	.	.	PUNCT
cana-6028	171	3	data	datum	NOUN
cana-6028	171	4	preprocessing	preprocessing	NOUN
cana-6028	171	5	:	:	PUNCT
cana-6028	171	6	•	•	ADP
cana-6028	171	7	the	the	DET
cana-6028	171	8	data	datum	NOUN
cana-6028	171	9	collected	collect	VERB
cana-6028	171	10	was	be	AUX
cana-6028	171	11	cleaned	clean	VERB
cana-6028	171	12	to	to	PART
cana-6028	171	13	address	address	VERB
cana-6028	171	14	missing	miss	VERB
cana-6028	171	15	values	value	NOUN
cana-6028	171	16	and	and	CCONJ
cana-6028	171	17	discrepancies	discrepancy	NOUN
cana-6028	171	18	in	in	ADP
cana-6028	171	19	the	the	DET
cana-6028	171	20	reporting	reporting	NOUN
cana-6028	171	21	standards	standard	NOUN
cana-6028	171	22	.	.	PUNCT
cana-6028	172	1	•	•	NUM
cana-6028	172	2	the	the	DET
cana-6028	172	3	standardization	standardization	NOUN
cana-6028	172	4	of	of	ADP
cana-6028	172	5	financial	financial	ADJ
cana-6028	172	6	metrics	metric	NOUN
cana-6028	172	7	ensured	ensure	VERB
cana-6028	172	8	consistency	consistency	NOUN
cana-6028	172	9	in	in	ADP
cana-6028	172	10	the	the	DET
cana-6028	172	11	calculation	calculation	NOUN
cana-6028	172	12	of	of	ADP
cana-6028	172	13	the	the	DET
cana-6028	172	14	piotroski	piotroski	ADJ
cana-6028	172	15	fscore	fscore	NOUN
cana-6028	172	16	in	in	ADP
cana-6028	172	17	all	all	DET
cana-6028	172	18	companies	company	NOUN
cana-6028	172	19	and	and	CCONJ
cana-6028	172	20	time	time	NOUN
cana-6028	172	21	periods	period	NOUN
cana-6028	172	22	.	.	PUNCT
cana-6028	173	1	https://internationalpubls.com/	https://internationalpubls.com/	ADJ
cana-6028	173	2	communications	communication	NOUN
cana-6028	173	3	on	on	ADP
cana-6028	173	4	applied	apply	VERB
cana-6028	173	5	nonlinear	nonlinear	ADJ
cana-6028	173	6	analysis	analysis	NOUN
cana-6028	173	7	issn	issn	NOUN
cana-6028	173	8	:	:	PUNCT
cana-6028	173	9	1074	1074	NUM
cana-6028	173	10	-	-	PUNCT
cana-6028	173	11	133x	133x	NUM
cana-6028	173	12	vol	vol	NOUN
cana-6028	173	13	32	32	NUM
cana-6028	173	14	no	no	NOUN
cana-6028	173	15	.	.	PUNCT
cana-6028	174	1	9s	9s	NUM
cana-6028	174	2	(	(	PUNCT
cana-6028	174	3	2025	2025	NUM
cana-6028	174	4	)	)	PUNCT
cana-6028	174	5	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	174	6	3235	3235	NUM
cana-6028	174	7	3.3.4	3.3.4	NUM
cana-6028	174	8	.	.	PUNCT
cana-6028	174	9	data	datum	NOUN
cana-6028	174	10	frequency	frequency	NOUN
cana-6028	174	11	:	:	PUNCT
cana-6028	174	12	•	•	NUM
cana-6028	174	13	quarterly	quarterly	ADJ
cana-6028	174	14	data	data	NOUN
cana-6028	174	15	points	point	NOUN
cana-6028	174	16	were	be	AUX
cana-6028	174	17	extracted	extract	VERB
cana-6028	174	18	to	to	PART
cana-6028	174	19	facilitate	facilitate	VERB
cana-6028	174	20	dynamic	dynamic	ADJ
cana-6028	174	21	evaluation	evaluation	NOUN
cana-6028	174	22	and	and	CCONJ
cana-6028	174	23	enable	enable	VERB
cana-6028	174	24	timely	timely	ADJ
cana-6028	174	25	adjustments	adjustment	NOUN
cana-6028	174	26	to	to	ADP
cana-6028	174	27	the	the	DET
cana-6028	174	28	portfolio	portfolio	NOUN
cana-6028	174	29	.	.	PUNCT
cana-6028	175	1	3.4	3.4	NUM
cana-6028	175	2	.	.	PUNCT
cana-6028	175	3	selection	selection	NOUN
cana-6028	175	4	of	of	ADP
cana-6028	175	5	top	top	ADJ
cana-6028	175	6	10	10	NUM
cana-6028	175	7	companies	company	NOUN
cana-6028	175	8	once	once	SCONJ
cana-6028	175	9	the	the	DET
cana-6028	175	10	piotroski	piotroski	ADJ
cana-6028	175	11	f	f	NOUN
cana-6028	175	12	-	-	PUNCT
cana-6028	175	13	scores	score	NOUN
cana-6028	175	14	were	be	AUX
cana-6028	175	15	calculated	calculate	VERB
cana-6028	175	16	for	for	ADP
cana-6028	175	17	all	all	DET
cana-6028	175	18	companies	company	NOUN
cana-6028	175	19	in	in	ADP
cana-6028	175	20	the	the	DET
cana-6028	175	21	index	index	NOUN
cana-6028	175	22	:	:	PUNCT
cana-6028	175	23	3.4.1	3.4.1	X
cana-6028	175	24	.	.	X
cana-6028	175	25	ranking	rank	VERB
cana-6028	175	26	process	process	NOUN
cana-6028	175	27	:	:	PUNCT
cana-6028	175	28	•	•	ADP
cana-6028	175	29	the	the	DET
cana-6028	175	30	companies	company	NOUN
cana-6028	175	31	were	be	AUX
cana-6028	175	32	ranked	rank	VERB
cana-6028	175	33	according	accord	VERB
cana-6028	175	34	to	to	ADP
cana-6028	175	35	their	their	PRON
cana-6028	175	36	f	f	PROPN
cana-6028	175	37	scores	score	NOUN
cana-6028	175	38	for	for	ADP
cana-6028	175	39	each	each	DET
cana-6028	175	40	quarter	quarter	NOUN
cana-6028	175	41	.	.	PUNCT
cana-6028	176	1	•	•	NUM
cana-6028	176	2	the	the	DET
cana-6028	176	3	top	top	ADJ
cana-6028	176	4	10	10	NUM
cana-6028	176	5	companies	company	NOUN
cana-6028	176	6	with	with	ADP
cana-6028	176	7	the	the	DET
cana-6028	176	8	highest	high	ADJ
cana-6028	176	9	f	f	NOUN
cana-6028	176	10	-	-	PUNCT
cana-6028	176	11	scores	score	NOUN
cana-6028	176	12	were	be	AUX
cana-6028	176	13	selected	select	VERB
cana-6028	176	14	for	for	ADP
cana-6028	176	15	potential	potential	ADJ
cana-6028	176	16	investment	investment	NOUN
cana-6028	176	17	.	.	PUNCT
cana-6028	177	1	3.4.2	3.4.2	X
cana-6028	177	2	.	.	PUNCT
cana-6028	178	1	handling	handle	VERB
cana-6028	178	2	ties	tie	NOUN
cana-6028	178	3	:	:	PUNCT
cana-6028	178	4	in	in	ADP
cana-6028	178	5	cases	case	NOUN
cana-6028	178	6	where	where	SCONJ
cana-6028	178	7	multiple	multiple	ADJ
cana-6028	178	8	companies	company	NOUN
cana-6028	178	9	achieved	achieve	VERB
cana-6028	178	10	the	the	DET
cana-6028	178	11	same	same	ADJ
cana-6028	178	12	f	f	NOUN
cana-6028	178	13	-	-	PUNCT
cana-6028	178	14	score	score	NOUN
cana-6028	178	15	,	,	PUNCT
cana-6028	178	16	a	a	DET
cana-6028	178	17	tie	tie	NOUN
cana-6028	178	18	-	-	PUNCT
cana-6028	178	19	breaking	break	VERB
cana-6028	178	20	mechanism	mechanism	NOUN
cana-6028	178	21	was	be	AUX
cana-6028	178	22	implemented	implement	VERB
cana-6028	178	23	.	.	PUNCT
cana-6028	179	1	•	•	NUM
cana-6028	179	2	market	market	NOUN
cana-6028	179	3	capitalization	capitalization	NOUN
cana-6028	179	4	and	and	CCONJ
cana-6028	179	5	enterprise	enterprise	NOUN
cana-6028	179	6	value	value	NOUN
cana-6028	179	7	:	:	PUNCT
cana-6028	179	8	companies	company	NOUN
cana-6028	179	9	were	be	AUX
cana-6028	179	10	further	far	ADV
cana-6028	179	11	ranked	rank	VERB
cana-6028	179	12	based	base	VERB
cana-6028	179	13	on	on	ADP
cana-6028	179	14	their	their	PRON
cana-6028	179	15	size	size	NOUN
cana-6028	179	16	and	and	CCONJ
cana-6028	179	17	valuation	valuation	NOUN
cana-6028	179	18	.	.	PUNCT
cana-6028	180	1	•	•	NUM
cana-6028	180	2	performance	performance	NOUN
cana-6028	180	3	consistency	consistency	NOUN
cana-6028	180	4	:	:	PUNCT
cana-6028	180	5	firms	firm	NOUN
cana-6028	180	6	demonstrating	demonstrate	VERB
cana-6028	180	7	stable	stable	ADJ
cana-6028	180	8	or	or	CCONJ
cana-6028	180	9	improving	improve	VERB
cana-6028	180	10	f	f	NOUN
cana-6028	180	11	-	-	PUNCT
cana-6028	180	12	scores	score	NOUN
cana-6028	180	13	over	over	ADP
cana-6028	180	14	time	time	NOUN
cana-6028	180	15	were	be	AUX
cana-6028	180	16	prioritized	prioritize	VERB
cana-6028	180	17	.	.	PUNCT
cana-6028	181	1	3.5	3.5	NUM
cana-6028	181	2	.	.	PUNCT
cana-6028	181	3	investing	investing	NOUN
cana-6028	181	4	process	process	NOUN
cana-6028	181	5	the	the	DET
cana-6028	181	6	investing	investing	NOUN
cana-6028	181	7	process	process	NOUN
cana-6028	181	8	systematically	systematically	ADV
cana-6028	181	9	allocates	allocate	VERB
cana-6028	181	10	funds	fund	NOUN
cana-6028	181	11	across	across	ADP
cana-6028	181	12	companies	company	NOUN
cana-6028	181	13	,	,	PUNCT
cana-6028	181	14	tracks	track	VERB
cana-6028	181	15	investments	investment	NOUN
cana-6028	181	16	,	,	PUNCT
cana-6028	181	17	and	and	CCONJ
cana-6028	181	18	reinvests	reinvest	VERB
cana-6028	181	19	residuals	residual	NOUN
cana-6028	181	20	to	to	PART
cana-6028	181	21	maximize	maximize	VERB
cana-6028	181	22	portfolio	portfolio	NOUN
cana-6028	181	23	efficiency	efficiency	NOUN
cana-6028	181	24	.	.	PUNCT
cana-6028	182	1	it	it	PRON
cana-6028	182	2	follows	follow	VERB
cana-6028	182	3	a	a	DET
cana-6028	182	4	structured	structured	ADJ
cana-6028	182	5	approach	approach	NOUN
cana-6028	182	6	by	by	ADP
cana-6028	182	7	maintaining	maintain	VERB
cana-6028	182	8	detailed	detailed	ADJ
cana-6028	182	9	records	record	NOUN
cana-6028	182	10	,	,	PUNCT
cana-6028	182	11	adjusting	adjust	VERB
cana-6028	182	12	for	for	ADP
cana-6028	182	13	market	market	NOUN
cana-6028	182	14	fluctuations	fluctuation	NOUN
cana-6028	182	15	,	,	PUNCT
cana-6028	182	16	and	and	CCONJ
cana-6028	182	17	optimizing	optimize	VERB
cana-6028	182	18	fund	fund	NOUN
cana-6028	182	19	distribution	distribution	NOUN
cana-6028	182	20	based	base	VERB
cana-6028	182	21	on	on	ADP
cana-6028	182	22	predefined	predefine	VERB
cana-6028	182	23	criteria	criterion	NOUN
cana-6028	182	24	.	.	PUNCT
cana-6028	183	1	the	the	DET
cana-6028	183	2	flowchart	flowchart	PROPN
cana-6028	183	3	visually	visually	ADV
cana-6028	183	4	represents	represent	VERB
cana-6028	183	5	key	key	ADJ
cana-6028	183	6	steps	step	NOUN
cana-6028	183	7	,	,	PUNCT
cana-6028	183	8	such	such	ADJ
cana-6028	183	9	as	as	ADP
cana-6028	183	10	calculating	calculate	VERB
cana-6028	183	11	market	market	NOUN
cana-6028	183	12	values	value	NOUN
cana-6028	183	13	,	,	PUNCT
cana-6028	183	14	managing	manage	VERB
cana-6028	183	15	previous	previous	ADJ
cana-6028	183	16	holdings	holding	NOUN
cana-6028	183	17	,	,	PUNCT
cana-6028	183	18	and	and	CCONJ
cana-6028	183	19	reinvesting	reinveste	VERB
cana-6028	183	20	unallocated	unallocated	ADJ
cana-6028	183	21	funds	fund	NOUN
cana-6028	183	22	.	.	PUNCT
cana-6028	184	1	figure	figure	NOUN
cana-6028	184	2	1	1	NUM
cana-6028	184	3	.	.	PUNCT
cana-6028	184	4	investment	investment	NOUN
cana-6028	184	5	process	process	NOUN
cana-6028	184	6	flowchart	flowchart	NOUN
cana-6028	184	7	https://internationalpubls.com/	https://internationalpubls.com/	PROPN
cana-6028	184	8	communications	communication	NOUN
cana-6028	184	9	on	on	ADP
cana-6028	184	10	applied	apply	VERB
cana-6028	184	11	nonlinear	nonlinear	ADJ
cana-6028	184	12	analysis	analysis	NOUN
cana-6028	184	13	issn	issn	NOUN
cana-6028	184	14	:	:	PUNCT
cana-6028	184	15	1074	1074	NUM
cana-6028	184	16	-	-	PUNCT
cana-6028	184	17	133x	133x	NUM
cana-6028	184	18	vol	vol	NOUN
cana-6028	184	19	32	32	NUM
cana-6028	184	20	no	no	NOUN
cana-6028	184	21	.	.	PUNCT
cana-6028	185	1	9s	9s	NUM
cana-6028	185	2	(	(	PUNCT
cana-6028	185	3	2025	2025	NUM
cana-6028	185	4	)	)	PUNCT
cana-6028	186	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	186	2	3236	3236	NUM
cana-6028	186	3	3.6	3.6	NUM
cana-6028	186	4	.	.	PUNCT
cana-6028	187	1	function	function	NOUN
cana-6028	187	2	signature	signature	NOUN
cana-6028	187	3	and	and	CCONJ
cana-6028	187	4	process	process	NOUN
cana-6028	187	5	description	description	NOUN
cana-6028	187	6	this	this	DET
cana-6028	187	7	section	section	NOUN
cana-6028	187	8	outlines	outline	VERB
cana-6028	187	9	the	the	DET
cana-6028	187	10	process	process	NOUN
cana-6028	187	11	flow	flow	VERB
cana-6028	187	12	and	and	CCONJ
cana-6028	187	13	the	the	DET
cana-6028	187	14	use	use	NOUN
cana-6028	187	15	of	of	ADP
cana-6028	187	16	variables	variable	NOUN
cana-6028	187	17	for	for	ADP
cana-6028	187	18	the	the	DET
cana-6028	187	19	investment	investment	NOUN
cana-6028	187	20	simulation	simulation	NOUN
cana-6028	187	21	function	function	NOUN
cana-6028	187	22	.	.	PUNCT
cana-6028	188	1	3.6.1	3.6.1	X
cana-6028	188	2	.	.	PUNCT
cana-6028	188	3	function	function	NOUN
cana-6028	188	4	signature	signature	NOUN
cana-6028	188	5	:	:	PUNCT
cana-6028	188	6	input	input	NOUN
cana-6028	188	7	arguments	argument	NOUN
cana-6028	188	8	:	:	PUNCT
cana-6028	188	9	•	•	NUM
cana-6028	188	10	date	date	NOUN
cana-6028	188	11	to	to	PART
cana-6028	188	12	company	company	NOUN
cana-6028	188	13	values	value	NOUN
cana-6028	188	14	:	:	PUNCT
cana-6028	188	15	dictionary	dictionary	ADJ
cana-6028	188	16	mapping	mapping	NOUN
cana-6028	188	17	dates	date	VERB
cana-6028	188	18	to	to	ADP
cana-6028	188	19	company	company	NOUN
cana-6028	188	20	data	datum	NOUN
cana-6028	188	21	such	such	ADJ
cana-6028	188	22	as	as	ADP
cana-6028	188	23	market	market	NOUN
cana-6028	188	24	value	value	NOUN
cana-6028	188	25	and	and	CCONJ
cana-6028	188	26	investment	investment	NOUN
cana-6028	188	27	percentage	percentage	NOUN
cana-6028	188	28	.	.	PUNCT
cana-6028	189	1	•	•	NUM
cana-6028	189	2	total	total	ADJ
cana-6028	189	3	amount	amount	NOUN
cana-6028	189	4	:	:	PUNCT
cana-6028	189	5	total	total	ADJ
cana-6028	189	6	capital	capital	NOUN
cana-6028	189	7	available	available	ADJ
cana-6028	189	8	for	for	ADP
cana-6028	189	9	investment	investment	NOUN
cana-6028	189	10	in	in	ADP
cana-6028	189	11	all	all	DET
cana-6028	189	12	companies	company	NOUN
cana-6028	189	13	.	.	PUNCT
cana-6028	190	1	•	•	NUM
cana-6028	190	2	company	company	NOUN
cana-6028	190	3	ticker	ticker	NOUN
cana-6028	190	4	:	:	PUNCT
cana-6028	190	5	dictionary	dictionary	ADJ
cana-6028	190	6	mapping	mapping	NOUN
cana-6028	190	7	company	company	NOUN
cana-6028	190	8	names	name	NOUN
cana-6028	190	9	to	to	ADP
cana-6028	190	10	their	their	PRON
cana-6028	190	11	corresponding	correspond	VERB
cana-6028	190	12	stock	stock	NOUN
cana-6028	190	13	ticker	ticker	PROPN
cana-6028	190	14	symbols	symbol	NOUN
cana-6028	190	15	.	.	PUNCT
cana-6028	191	1	•	•	NUM
cana-6028	191	2	extract	extract	VERB
cana-6028	191	3	present	present	ADJ
cana-6028	191	4	mv	mv	PROPN
cana-6028	191	5	:	:	PUNCT
cana-6028	191	6	function	function	NOUN
cana-6028	191	7	to	to	PART
cana-6028	191	8	extract	extract	VERB
cana-6028	191	9	the	the	DET
cana-6028	191	10	market	market	NOUN
cana-6028	191	11	value	value	NOUN
cana-6028	191	12	of	of	ADP
cana-6028	191	13	a	a	DET
cana-6028	191	14	company	company	NOUN
cana-6028	191	15	stock	stock	NOUN
cana-6028	191	16	for	for	ADP
cana-6028	191	17	a	a	DET
cana-6028	191	18	specific	specific	ADJ
cana-6028	191	19	date	date	NOUN
cana-6028	191	20	.	.	PUNCT
cana-6028	192	1	3.6.2	3.6.2	X
cana-6028	192	2	.	.	PUNCT
cana-6028	192	3	initialize	initialize	NOUN
cana-6028	192	4	variables	variable	NOUN
cana-6028	192	5	:	:	PUNCT
cana-6028	192	6	•	•	NUM
cana-6028	192	7	daily	daily	ADJ
cana-6028	192	8	investment	investment	NOUN
cana-6028	192	9	log	log	NOUN
cana-6028	192	10	:	:	PUNCT
cana-6028	192	11	tracks	track	VERB
cana-6028	192	12	investments	investment	NOUN
cana-6028	192	13	per	per	ADP
cana-6028	192	14	date	date	NOUN
cana-6028	192	15	and	and	CCONJ
cana-6028	192	16	company	company	NOUN
cana-6028	192	17	.	.	PUNCT
cana-6028	193	1	◦	◦	NOUN
cana-6028	193	2	format	format	NOUN
cana-6028	193	3	:	:	PUNCT
cana-6028	193	4	{	{	PUNCT
cana-6028	193	5	date	date	NOUN
cana-6028	193	6	:	:	PUNCT
cana-6028	193	7	{	{	PUNCT
cana-6028	193	8	company	company	NOUN
cana-6028	193	9	:	:	PUNCT
cana-6028	193	10	{	{	PUNCT
cana-6028	193	11	’	'	PUNCT
cana-6028	193	12	amount	amount	NOUN
cana-6028	193	13	invested	invest	VERB
cana-6028	193	14	’	'	PUNCT
cana-6028	193	15	:	:	PUNCT
cana-6028	193	16	value	value	NOUN
cana-6028	193	17	,	,	PUNCT
cana-6028	193	18	’	'	PUNCT
cana-6028	193	19	no	no	PRON
cana-6028	193	20	of	of	ADP
cana-6028	193	21	shares	share	NOUN
cana-6028	193	22	’	'	PUNCT
cana-6028	193	23	:	:	PUNCT
cana-6028	193	24	value	value	NOUN
cana-6028	193	25	,	,	PUNCT
cana-6028	193	26	‘	'	PUNCT
cana-6028	193	27	rebalance	rebalance	NOUN
cana-6028	193	28	’	'	PUNCT
cana-6028	193	29	:	:	PUNCT
cana-6028	193	30	value	value	NOUN
cana-6028	193	31	}	}	PUNCT
cana-6028	193	32	}	}	PUNCT
cana-6028	193	33	}	}	PUNCT
cana-6028	193	34	•	•	NUM
cana-6028	193	35	cumulative	cumulative	ADJ
cana-6028	193	36	portfolio	portfolio	NOUN
cana-6028	193	37	tracker	tracker	PROPN
cana-6028	193	38	:	:	PUNCT
cana-6028	193	39	tracks	track	VERB
cana-6028	193	40	cumulative	cumulative	ADJ
cana-6028	193	41	investment	investment	NOUN
cana-6028	193	42	and	and	CCONJ
cana-6028	193	43	share	share	NOUN
cana-6028	193	44	details	detail	NOUN
cana-6028	193	45	for	for	ADP
cana-6028	193	46	each	each	DET
cana-6028	193	47	company	company	NOUN
cana-6028	193	48	.	.	PUNCT
cana-6028	194	1	◦	◦	NOUN
cana-6028	194	2	format	format	NOUN
cana-6028	194	3	:	:	PUNCT
cana-6028	194	4	{	{	PUNCT
cana-6028	194	5	company	company	NOUN
cana-6028	194	6	:	:	PUNCT
cana-6028	194	7	{	{	PUNCT
cana-6028	194	8	’	'	PUNCT
cana-6028	194	9	invested	invest	VERB
cana-6028	194	10	money	money	NOUN
cana-6028	194	11	’	'	PUNCT
cana-6028	194	12	:	:	PUNCT
cana-6028	194	13	total	total	ADJ
cana-6028	194	14	value	value	NOUN
cana-6028	194	15	,	,	PUNCT
cana-6028	194	16	’	'	PUNCT
cana-6028	194	17	share	share	NOUN
cana-6028	194	18	details	detail	NOUN
cana-6028	194	19	’	'	PUNCT
cana-6028	194	20	:	:	PUNCT
cana-6028	194	21	{	{	PUNCT
cana-6028	194	22	shares	share	NOUN
cana-6028	194	23	:	:	PUNCT
cana-6028	194	24	value	value	NOUN
cana-6028	194	25	}	}	PUNCT
cana-6028	194	26	}	}	PUNCT
cana-6028	194	27	}	}	PUNCT
cana-6028	194	28	•	•	ADV
cana-6028	194	29	residual	residual	ADJ
cana-6028	194	30	:	:	PUNCT
cana-6028	194	31	tracks	track	VERB
cana-6028	194	32	leftover	leftover	ADJ
cana-6028	194	33	money	money	NOUN
cana-6028	194	34	after	after	ADP
cana-6028	194	35	investments	investment	NOUN
cana-6028	194	36	on	on	ADP
cana-6028	194	37	a	a	DET
cana-6028	194	38	given	give	VERB
cana-6028	194	39	date	date	NOUN
cana-6028	194	40	.	.	PUNCT
cana-6028	195	1	•	•	NUM
cana-6028	195	2	previous	previous	ADJ
cana-6028	195	3	shares	share	NOUN
cana-6028	195	4	:	:	PUNCT
cana-6028	195	5	tracks	track	VERB
cana-6028	195	6	the	the	DET
cana-6028	195	7	number	number	NOUN
cana-6028	195	8	of	of	ADP
cana-6028	195	9	shares	share	NOUN
cana-6028	195	10	held	hold	VERB
cana-6028	195	11	for	for	ADP
cana-6028	195	12	each	each	DET
cana-6028	195	13	company	company	NOUN
cana-6028	195	14	from	from	ADP
cana-6028	195	15	the	the	DET
cana-6028	195	16	previous	previous	ADJ
cana-6028	195	17	date	date	NOUN
cana-6028	195	18	.	.	PUNCT
cana-6028	196	1	◦	◦	NOUN
cana-6028	196	2	format	format	NOUN
cana-6028	196	3	:	:	PUNCT
cana-6028	196	4	{	{	PUNCT
cana-6028	196	5	company	company	NOUN
cana-6028	196	6	:	:	PUNCT
cana-6028	196	7	shares	share	NOUN
cana-6028	196	8	}	}	PUNCT
cana-6028	196	9	•	•	ADP
cana-6028	196	10	final	final	ADJ
cana-6028	196	11	current	current	ADJ
cana-6028	196	12	amount	amount	NOUN
cana-6028	196	13	invested	invest	VERB
cana-6028	196	14	:	:	PUNCT
cana-6028	196	15	total	total	ADJ
cana-6028	196	16	amount	amount	NOUN
cana-6028	196	17	invested	invest	VERB
cana-6028	196	18	at	at	ADP
cana-6028	196	19	the	the	DET
cana-6028	196	20	end	end	NOUN
cana-6028	196	21	of	of	ADP
cana-6028	196	22	the	the	DET
cana-6028	196	23	process	process	NOUN
cana-6028	196	24	.	.	PUNCT
cana-6028	197	1	•	•	NUM
cana-6028	197	2	investment	investment	NOUN
cana-6028	197	3	values	value	NOUN
cana-6028	197	4	:	:	PUNCT
cana-6028	197	5	list	list	NOUN
cana-6028	197	6	of	of	ADP
cana-6028	197	7	tuples	tuple	NOUN
cana-6028	197	8	tracking	track	VERB
cana-6028	197	9	total	total	ADJ
cana-6028	197	10	investment	investment	NOUN
cana-6028	197	11	for	for	ADP
cana-6028	197	12	each	each	DET
cana-6028	197	13	date	date	NOUN
cana-6028	197	14	.	.	PUNCT
cana-6028	198	1	◦	◦	NOUN
cana-6028	198	2	format	format	NOUN
cana-6028	198	3	:	:	PUNCT
cana-6028	199	1	[	[	X
cana-6028	199	2	(	(	PUNCT
cana-6028	199	3	date	date	NOUN
cana-6028	199	4	,	,	PUNCT
cana-6028	199	5	invested	invest	VERB
cana-6028	199	6	amount	amount	NOUN
cana-6028	199	7	)	)	PUNCT
cana-6028	199	8	]	]	PUNCT
cana-6028	200	1	3.6.3	3.6.3	X
cana-6028	200	2	.	.	PUNCT
cana-6028	201	1	sort	sort	NOUN
cana-6028	201	2	dates	date	NOUN
cana-6028	201	3	:	:	PUNCT
cana-6028	201	4	•	•	NUM
cana-6028	201	5	dates	date	NOUN
cana-6028	201	6	from	from	ADP
cana-6028	201	7	date	date	NOUN
cana-6028	201	8	to	to	ADP
cana-6028	201	9	company	company	NOUN
cana-6028	201	10	values	value	NOUN
cana-6028	201	11	are	be	AUX
cana-6028	201	12	sorted	sort	VERB
cana-6028	201	13	in	in	ADP
cana-6028	201	14	ascending	ascend	VERB
cana-6028	201	15	order	order	NOUN
cana-6028	201	16	to	to	PART
cana-6028	201	17	process	process	VERB
cana-6028	201	18	investments	investment	NOUN
cana-6028	201	19	sequentially	sequentially	ADV
cana-6028	201	20	.	.	PUNCT
cana-6028	202	1	3.6.4	3.6.4	NUM
cana-6028	202	2	.	.	PUNCT
cana-6028	202	3	iterate	iterate	NOUN
cana-6028	202	4	through	through	ADP
cana-6028	202	5	sorted	sorted	ADJ
cana-6028	202	6	dates	date	NOUN
cana-6028	202	7	:	:	PUNCT
cana-6028	202	8	for	for	ADP
cana-6028	202	9	each	each	DET
cana-6028	202	10	date	date	NOUN
cana-6028	202	11	:	:	PUNCT
cana-6028	202	12	•	•	NOUN
cana-6028	202	13	format	format	NOUN
cana-6028	202	14	date	date	NOUN
cana-6028	202	15	:	:	PUNCT
cana-6028	202	16	convert	convert	VERB
cana-6028	202	17	the	the	DET
cana-6028	202	18	date	date	NOUN
cana-6028	202	19	to	to	ADP
cana-6028	202	20	a	a	DET
cana-6028	202	21	standardized	standardized	ADJ
cana-6028	202	22	format	format	NOUN
cana-6028	202	23	.	.	PUNCT
cana-6028	203	1	•	•	NUM
cana-6028	203	2	calculate	calculate	NOUN
cana-6028	203	3	:	:	PUNCT
cana-6028	203	4	−	−	PROPN
cana-6028	203	5	current	current	ADJ
cana-6028	203	6	market	market	NOUN
cana-6028	203	7	value	value	NOUN
cana-6028	203	8	:	:	PUNCT
cana-6028	203	9	◦	◦	NOUN
cana-6028	203	10	if	if	SCONJ
cana-6028	203	11	previous	previous	ADJ
cana-6028	203	12	shares	share	NOUN
cana-6028	203	13	exists	exist	VERB
cana-6028	203	14	:	:	PUNCT
cana-6028	203	15	−	−	PROPN
cana-6028	203	16	calculate	calculate	VERB
cana-6028	203	17	total	total	ADJ
cana-6028	203	18	current	current	ADJ
cana-6028	203	19	market	market	NOUN
cana-6028	203	20	value	value	NOUN
cana-6028	203	21	based	base	VERB
cana-6028	203	22	on	on	ADP
cana-6028	203	23	shares	share	NOUN
cana-6028	203	24	held	hold	VERB
cana-6028	203	25	.	.	PUNCT
cana-6028	204	1	◦	◦	NOUN
cana-6028	204	2	else	else	ADV
cana-6028	204	3	:	:	PUNCT
cana-6028	204	4	−	−	ADP
cana-6028	204	5	use	use	VERB
cana-6028	204	6	total	total	ADJ
cana-6028	204	7	pool	pool	NOUN
cana-6028	204	8	amount	amount	NOUN
cana-6028	204	9	as	as	SCONJ
cana-6028	204	10	the	the	DET
cana-6028	204	11	initial	initial	ADJ
cana-6028	204	12	investment	investment	NOUN
cana-6028	204	13	•	•	NOUN
cana-6028	204	14	reset	reset	ADJ
cana-6028	204	15	residual	residual	ADJ
cana-6028	204	16	:	:	PUNCT
cana-6028	204	17	set	set	VERB
cana-6028	204	18	leftover	leftover	NOUN
cana-6028	204	19	money	money	NOUN
cana-6028	204	20	to	to	ADP
cana-6028	204	21	zero	zero	NUM
cana-6028	204	22	for	for	ADP
cana-6028	204	23	the	the	DET
cana-6028	204	24	new	new	ADJ
cana-6028	204	25	date	date	NOUN
cana-6028	204	26	.	.	PUNCT
cana-6028	205	1	3.6.5	3.6.5	NUM
cana-6028	205	2	.	.	X
cana-6028	205	3	iterate	iterate	NOUN
cana-6028	205	4	through	through	ADP
cana-6028	205	5	companies	company	NOUN
cana-6028	205	6	:	:	PUNCT
cana-6028	205	7	for	for	ADP
cana-6028	205	8	each	each	DET
cana-6028	205	9	company	company	NOUN
cana-6028	205	10	on	on	ADP
cana-6028	205	11	the	the	DET
cana-6028	205	12	current	current	ADJ
cana-6028	205	13	date	date	NOUN
cana-6028	205	14	:	:	PUNCT
cana-6028	205	15	•	•	NOUN
cana-6028	205	16	extract	extract	NOUN
cana-6028	205	17	data	datum	NOUN
cana-6028	205	18	:	:	PUNCT
cana-6028	205	19	◦	◦	NOUN
cana-6028	205	20	market	market	NOUN
cana-6028	205	21	value	value	NOUN
cana-6028	205	22	:	:	PUNCT
cana-6028	205	23	stock	stock	NOUN
cana-6028	205	24	price	price	NOUN
cana-6028	205	25	of	of	ADP
cana-6028	205	26	the	the	DET
cana-6028	205	27	company	company	NOUN
cana-6028	205	28	on	on	ADP
cana-6028	205	29	the	the	DET
cana-6028	205	30	current	current	ADJ
cana-6028	205	31	date	date	NOUN
cana-6028	205	32	.	.	PUNCT
cana-6028	206	1	◦	◦	NOUN
cana-6028	206	2	percentage	percentage	NOUN
cana-6028	206	3	:	:	PUNCT
cana-6028	206	4	allocation	allocation	NOUN
cana-6028	206	5	percentage	percentage	NOUN
cana-6028	206	6	for	for	ADP
cana-6028	206	7	the	the	DET
cana-6028	206	8	company	company	NOUN
cana-6028	206	9	.	.	PUNCT
cana-6028	207	1	•	•	NUM
cana-6028	207	2	calculate	calculate	NOUN
cana-6028	207	3	initial	initial	ADJ
cana-6028	207	4	investment	investment	NOUN
cana-6028	207	5	:	:	PUNCT
cana-6028	207	6	compute	compute	VERB
cana-6028	207	7	the	the	DET
cana-6028	207	8	number	number	NOUN
cana-6028	207	9	of	of	ADP
cana-6028	207	10	shares	share	NOUN
cana-6028	207	11	to	to	PART
cana-6028	207	12	buy	buy	VERB
cana-6028	207	13	and	and	CCONJ
cana-6028	207	14	adjust	adjust	VERB
cana-6028	207	15	residual	residual	ADJ
cana-6028	207	16	for	for	ADP
cana-6028	207	17	any	any	DET
cana-6028	207	18	leftover	leftover	NOUN
cana-6028	207	19	money	money	NOUN
cana-6028	207	20	.	.	PUNCT
cana-6028	208	1	•	•	NUM
cana-6028	208	2	update	update	NOUN
cana-6028	208	3	dictionaries	dictionary	NOUN
cana-6028	208	4	:	:	PUNCT
cana-6028	208	5	add	add	VERB
cana-6028	208	6	investment	investment	NOUN
cana-6028	208	7	details	detail	NOUN
cana-6028	208	8	to	to	PART
cana-6028	208	9	daily_investment_log	daily_investment_log	VERB
cana-6028	208	10	and	and	CCONJ
cana-6028	208	11	cumulative	cumulative	ADJ
cana-6028	208	12	portfolio_tracker	portfolio_tracker	NOUN
cana-6028	208	13	.	.	PUNCT
cana-6028	208	14	•	•	NUM
cana-6028	208	15	calculate	calculate	NOUN
cana-6028	208	16	rebalance	rebalance	NOUN
cana-6028	208	17	:	:	PUNCT
cana-6028	208	18	compare	compare	VERB
cana-6028	208	19	the	the	DET
cana-6028	208	20	current	current	ADJ
cana-6028	208	21	number	number	NOUN
cana-6028	208	22	of	of	ADP
cana-6028	208	23	shares	share	NOUN
cana-6028	208	24	with	with	ADP
cana-6028	208	25	previous_shares	previous_share	NOUN
cana-6028	208	26	and	and	CCONJ
cana-6028	208	27	compute	compute	VERB
cana-6028	208	28	the	the	DET
cana-6028	208	29	change	change	NOUN
cana-6028	208	30	.	.	PUNCT
cana-6028	209	1	3.6.6	3.6.6	X
cana-6028	209	2	.	.	PUNCT
cana-6028	209	3	reinvest	reinvest	VERB
cana-6028	209	4	residual	residual	ADJ
cana-6028	209	5	:	:	PUNCT
cana-6028	209	6	•	•	NOUN
cana-6028	209	7	distribute	distribute	VERB
cana-6028	209	8	the	the	DET
cana-6028	209	9	leftover	leftover	NOUN
cana-6028	209	10	money	money	NOUN
cana-6028	209	11	among	among	ADP
cana-6028	209	12	companies	company	NOUN
cana-6028	209	13	in	in	ADP
cana-6028	209	14	descending	descend	VERB
cana-6028	209	15	order	order	NOUN
cana-6028	209	16	of	of	ADP
cana-6028	209	17	percentage	percentage	NOUN
cana-6028	209	18	of	of	ADP
cana-6028	209	19	investment	investment	NOUN
cana-6028	209	20	.	.	PUNCT
cana-6028	210	1	https://internationalpubls.com/	https://internationalpubls.com/	ADJ
cana-6028	210	2	communications	communication	NOUN
cana-6028	210	3	on	on	ADP
cana-6028	210	4	applied	apply	VERB
cana-6028	210	5	nonlinear	nonlinear	ADJ
cana-6028	210	6	analysis	analysis	NOUN
cana-6028	210	7	issn	issn	NOUN
cana-6028	210	8	:	:	PUNCT
cana-6028	210	9	1074	1074	NUM
cana-6028	210	10	-	-	PUNCT
cana-6028	210	11	133x	133x	NUM
cana-6028	210	12	vol	vol	NOUN
cana-6028	210	13	32	32	NUM
cana-6028	210	14	no	no	NOUN
cana-6028	210	15	.	.	PUNCT
cana-6028	211	1	9s	9s	NUM
cana-6028	211	2	(	(	PUNCT
cana-6028	211	3	2025	2025	NUM
cana-6028	211	4	)	)	PUNCT
cana-6028	211	5	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	211	6	3237	3237	NUM
cana-6028	211	7	3.6.7	3.6.7	NUM
cana-6028	211	8	.	.	PUNCT
cana-6028	212	1	update	update	VERB
cana-6028	212	2	previous	previous	ADJ
cana-6028	212	3	shares	share	NOUN
cana-6028	212	4	:	:	PUNCT
cana-6028	212	5	•	•	NOUN
cana-6028	212	6	save	save	VERB
cana-6028	212	7	the	the	DET
cana-6028	212	8	number	number	NOUN
cana-6028	212	9	of	of	ADP
cana-6028	212	10	shares	share	NOUN
cana-6028	212	11	held	hold	VERB
cana-6028	212	12	for	for	ADP
cana-6028	212	13	each	each	DET
cana-6028	212	14	company	company	NOUN
cana-6028	212	15	for	for	ADP
cana-6028	212	16	use	use	NOUN
cana-6028	212	17	on	on	ADP
cana-6028	212	18	the	the	DET
cana-6028	212	19	next	next	ADJ
cana-6028	212	20	date	date	NOUN
cana-6028	212	21	.	.	PUNCT
cana-6028	213	1	3.6.8	3.6.8	X
cana-6028	213	2	.	.	PUNCT
cana-6028	213	3	store	store	NOUN
cana-6028	213	4	investment	investment	NOUN
cana-6028	213	5	value	value	NOUN
cana-6028	213	6	:	:	PUNCT
cana-6028	213	7	•	•	NOUN
cana-6028	213	8	record	record	VERB
cana-6028	213	9	the	the	DET
cana-6028	213	10	total	total	ADJ
cana-6028	213	11	investment	investment	NOUN
cana-6028	213	12	value	value	NOUN
cana-6028	213	13	for	for	ADP
cana-6028	213	14	the	the	DET
cana-6028	213	15	current	current	ADJ
cana-6028	213	16	date	date	NOUN
cana-6028	213	17	in	in	ADP
cana-6028	213	18	investment_values	investment_value	NOUN
cana-6028	213	19	.	.	PUNCT
cana-6028	214	1	3.6.9	3.6.9	NUM
cana-6028	214	2	.	.	PUNCT
cana-6028	215	1	return	return	NOUN
cana-6028	215	2	results	result	NOUN
cana-6028	215	3	:	:	PUNCT
cana-6028	215	4	•	•	NUM
cana-6028	215	5	daily_investment_log	daily_investment_log	NOUN
cana-6028	215	6	:	:	PUNCT
cana-6028	215	7	per	per	ADP
cana-6028	215	8	-	-	PUNCT
cana-6028	215	9	date	date	NOUN
cana-6028	215	10	investment	investment	NOUN
cana-6028	215	11	details	detail	NOUN
cana-6028	215	12	.	.	PUNCT
cana-6028	216	1	•	•	NUM
cana-6028	216	2	cumulative_portfolio_tracker	cumulative_portfolio_tracker	NOUN
cana-6028	216	3	:	:	PUNCT
cana-6028	216	4	cumulative	cumulative	ADJ
cana-6028	216	5	company	company	NOUN
cana-6028	216	6	investment	investment	NOUN
cana-6028	216	7	details	detail	NOUN
cana-6028	216	8	.	.	PUNCT
cana-6028	217	1	•	•	NUM
cana-6028	217	2	investment_values	investment_value	NOUN
cana-6028	217	3	:	:	PUNCT
cana-6028	217	4	total	total	ADJ
cana-6028	217	5	investments	investment	NOUN
cana-6028	217	6	per	per	ADP
cana-6028	217	7	date	date	NOUN
cana-6028	217	8	.	.	PUNCT
cana-6028	218	1	summary	summary	NOUN
cana-6028	218	2	of	of	ADP
cana-6028	218	3	key	key	ADJ
cana-6028	218	4	concepts	concept	NOUN
cana-6028	218	5	:	:	PUNCT
cana-6028	218	6	1	1	X
cana-6028	218	7	.	.	X
cana-6028	218	8	dictionary	dictionary	ADJ
cana-6028	218	9	definitions	definition	NOUN
cana-6028	218	10	:	:	PUNCT
cana-6028	218	11	•	•	NUM
cana-6028	218	12	daily	daily	ADJ
cana-6028	218	13	investment	investment	NOUN
cana-6028	218	14	log	log	NOUN
cana-6028	218	15	:	:	PUNCT
cana-6028	218	16	tracks	track	VERB
cana-6028	218	17	daily	daily	ADJ
cana-6028	218	18	investments	investment	NOUN
cana-6028	218	19	at	at	ADP
cana-6028	218	20	a	a	DET
cana-6028	218	21	company	company	NOUN
cana-6028	218	22	level	level	NOUN
cana-6028	218	23	.	.	PUNCT
cana-6028	219	1	•	•	NUM
cana-6028	219	2	cumulative	cumulative	ADJ
cana-6028	219	3	portfolio	portfolio	NOUN
cana-6028	219	4	tracker	tracker	PROPN
cana-6028	219	5	:	:	PUNCT
cana-6028	219	6	tracks	track	VERB
cana-6028	219	7	cumulative	cumulative	ADJ
cana-6028	219	8	investment	investment	NOUN
cana-6028	219	9	details	detail	NOUN
cana-6028	219	10	on	on	ADP
cana-6028	219	11	all	all	DET
cana-6028	219	12	dates	date	NOUN
cana-6028	219	13	.	.	PUNCT
cana-6028	220	1	2	2	X
cana-6028	220	2	.	.	X
cana-6028	220	3	residual	residual	ADJ
cana-6028	220	4	reinvestment	reinvestment	NOUN
cana-6028	220	5	:	:	PUNCT
cana-6028	220	6	•	•	NUM
cana-6028	220	7	leftover	leftover	NOUN
cana-6028	220	8	money	money	NOUN
cana-6028	220	9	is	be	AUX
cana-6028	220	10	reinvested	reinveste	VERB
cana-6028	220	11	,	,	PUNCT
cana-6028	220	12	prioritizing	prioritize	VERB
cana-6028	220	13	companies	company	NOUN
cana-6028	220	14	with	with	ADP
cana-6028	220	15	higher	high	ADJ
cana-6028	220	16	percentages	percentage	NOUN
cana-6028	220	17	.	.	PUNCT
cana-6028	221	1	3	3	X
cana-6028	221	2	.	.	X
cana-6028	221	3	share	share	NOUN
cana-6028	221	4	calculations	calculation	NOUN
cana-6028	221	5	:	:	PUNCT
cana-6028	221	6	•	•	ADP
cana-6028	221	7	the	the	DET
cana-6028	221	8	number	number	NOUN
cana-6028	221	9	of	of	ADP
cana-6028	221	10	shares	share	NOUN
cana-6028	221	11	is	be	AUX
cana-6028	221	12	calculated	calculate	VERB
cana-6028	221	13	by	by	ADP
cana-6028	221	14	flooring	floor	VERB
cana-6028	221	15	the	the	DET
cana-6028	221	16	investment	investment	NOUN
cana-6028	221	17	amount	amount	NOUN
cana-6028	221	18	divided	divide	VERB
cana-6028	221	19	by	by	ADP
cana-6028	221	20	the	the	DET
cana-6028	221	21	stock	stock	NOUN
cana-6028	221	22	price	price	NOUN
cana-6028	221	23	.	.	PUNCT
cana-6028	222	1	3.7	3.7	NUM
cana-6028	222	2	.	.	PUNCT
cana-6028	223	1	component	component	NOUN
cana-6028	223	2	-	-	PUNCT
cana-6028	223	3	wise	wise	ADJ
cana-6028	223	4	sensitivity	sensitivity	NOUN
cana-6028	223	5	analysis	analysis	NOUN
cana-6028	223	6	of	of	ADP
cana-6028	223	7	the	the	DET
cana-6028	223	8	piotroski	piotroski	ADJ
cana-6028	223	9	score	score	NOUN
cana-6028	223	10	this	this	DET
cana-6028	223	11	study	study	NOUN
cana-6028	223	12	performed	perform	VERB
cana-6028	223	13	a	a	DET
cana-6028	223	14	component	component	NOUN
cana-6028	223	15	-	-	PUNCT
cana-6028	223	16	wise	wise	ADJ
cana-6028	223	17	sensitivity	sensitivity	NOUN
cana-6028	223	18	analysis	analysis	NOUN
cana-6028	223	19	to	to	PART
cana-6028	223	20	understand	understand	VERB
cana-6028	223	21	the	the	DET
cana-6028	223	22	importance	importance	NOUN
cana-6028	223	23	of	of	ADP
cana-6028	223	24	each	each	DET
cana-6028	223	25	piotroski	piotroski	ADJ
cana-6028	223	26	f	f	X
cana-6028	223	27	-	-	PUNCT
cana-6028	223	28	score	score	NOUN
cana-6028	223	29	factor	factor	NOUN
cana-6028	223	30	.	.	PUNCT
cana-6028	224	1	one	one	NUM
cana-6028	224	2	factor	factor	NOUN
cana-6028	224	3	was	be	AUX
cana-6028	224	4	removed	remove	VERB
cana-6028	224	5	at	at	ADP
cana-6028	224	6	a	a	DET
cana-6028	224	7	time	time	NOUN
cana-6028	224	8	;	;	PUNCT
cana-6028	224	9	the	the	DET
cana-6028	224	10	scores	score	NOUN
cana-6028	224	11	were	be	AUX
cana-6028	224	12	recalculated	recalculate	VERB
cana-6028	224	13	using	use	VERB
cana-6028	224	14	the	the	DET
cana-6028	224	15	remaining	remain	VERB
cana-6028	224	16	eight	eight	NUM
cana-6028	224	17	and	and	CCONJ
cana-6028	224	18	the	the	DET
cana-6028	224	19	investment	investment	NOUN
cana-6028	224	20	portfolio	portfolio	NOUN
cana-6028	224	21	was	be	AUX
cana-6028	224	22	adjusted	adjust	VERB
cana-6028	224	23	accordingly	accordingly	ADV
cana-6028	224	24	.	.	PUNCT
cana-6028	225	1	this	this	DET
cana-6028	225	2	process	process	NOUN
cana-6028	225	3	was	be	AUX
cana-6028	225	4	repeated	repeat	VERB
cana-6028	225	5	for	for	ADP
cana-6028	225	6	all	all	DET
cana-6028	225	7	nine	nine	NUM
cana-6028	225	8	components	component	NOUN
cana-6028	225	9	over	over	ADP
cana-6028	225	10	the	the	DET
cana-6028	225	11	full	full	ADJ
cana-6028	225	12	period	period	NOUN
cana-6028	225	13	from	from	ADP
cana-6028	225	14	2007	2007	NUM
cana-6028	225	15	to	to	ADP
cana-6028	225	16	2024	2024	NUM
cana-6028	225	17	,	,	PUNCT
cana-6028	225	18	keeping	keep	VERB
cana-6028	225	19	other	other	ADJ
cana-6028	225	20	variables	variable	NOUN
cana-6028	225	21	constant	constant	ADJ
cana-6028	225	22	such	such	ADJ
cana-6028	225	23	as	as	ADP
cana-6028	225	24	the	the	DET
cana-6028	225	25	nifty	nifty	ADJ
cana-6028	225	26	100	100	NUM
cana-6028	225	27	stock	stock	NOUN
cana-6028	225	28	universe	universe	NOUN
cana-6028	225	29	,	,	PUNCT
cana-6028	225	30	quarterly	quarterly	ADJ
cana-6028	225	31	rebalancing	rebalancing	NOUN
cana-6028	225	32	,	,	PUNCT
cana-6028	225	33	and	and	CCONJ
cana-6028	225	34	a	a	DET
cana-6028	225	35	fixed	fix	VERB
cana-6028	225	36	capital	capital	NOUN
cana-6028	225	37	allocation	allocation	NOUN
cana-6028	225	38	strategy	strategy	NOUN
cana-6028	225	39	.	.	PUNCT
cana-6028	226	1	for	for	ADP
cana-6028	226	2	each	each	DET
cana-6028	226	3	case	case	NOUN
cana-6028	226	4	,	,	PUNCT
cana-6028	226	5	the	the	DET
cana-6028	226	6	top	top	ADJ
cana-6028	226	7	10	10	NUM
cana-6028	226	8	companies	company	NOUN
cana-6028	226	9	were	be	AUX
cana-6028	226	10	selected	select	VERB
cana-6028	226	11	based	base	VERB
cana-6028	226	12	on	on	ADP
cana-6028	226	13	the	the	DET
cana-6028	226	14	revised	revised	ADJ
cana-6028	226	15	score	score	NOUN
cana-6028	226	16	,	,	PUNCT
cana-6028	226	17	investment	investment	NOUN
cana-6028	226	18	amounts	amount	NOUN
cana-6028	226	19	were	be	AUX
cana-6028	226	20	allocated	allocate	VERB
cana-6028	226	21	,	,	PUNCT
cana-6028	226	22	and	and	CCONJ
cana-6028	226	23	portfolio	portfolio	NOUN
cana-6028	226	24	performance	performance	NOUN
cana-6028	226	25	was	be	AUX
cana-6028	226	26	tracked	track	VERB
cana-6028	226	27	.	.	PUNCT
cana-6028	227	1	the	the	DET
cana-6028	227	2	aim	aim	NOUN
cana-6028	227	3	was	be	AUX
cana-6028	227	4	to	to	PART
cana-6028	227	5	isolate	isolate	VERB
cana-6028	227	6	the	the	DET
cana-6028	227	7	effect	effect	NOUN
cana-6028	227	8	of	of	ADP
cana-6028	227	9	each	each	DET
cana-6028	227	10	factor	factor	NOUN
cana-6028	227	11	and	and	CCONJ
cana-6028	227	12	assess	assess	VERB
cana-6028	227	13	its	its	PRON
cana-6028	227	14	influence	influence	NOUN
cana-6028	227	15	on	on	ADP
cana-6028	227	16	portfolio	portfolio	NOUN
cana-6028	227	17	selection	selection	NOUN
cana-6028	227	18	and	and	CCONJ
cana-6028	227	19	weighting	weighting	NOUN
cana-6028	227	20	within	within	ADP
cana-6028	227	21	the	the	DET
cana-6028	227	22	piotroski	piotroski	ADJ
cana-6028	227	23	model	model	NOUN
cana-6028	227	24	.	.	PUNCT
cana-6028	228	1	4	4	X
cana-6028	228	2	.	.	X
cana-6028	228	3	results	result	NOUN
cana-6028	228	4	exploring	explore	VERB
cana-6028	228	5	the	the	DET
cana-6028	228	6	application	application	NOUN
cana-6028	228	7	of	of	ADP
cana-6028	228	8	the	the	DET
cana-6028	228	9	piotroski	piotroski	ADJ
cana-6028	228	10	score	score	NOUN
cana-6028	228	11	,	,	PUNCT
cana-6028	228	12	a	a	DET
cana-6028	228	13	fundamental	fundamental	ADJ
cana-6028	228	14	analysis	analysis	NOUN
cana-6028	228	15	tool	tool	NOUN
cana-6028	228	16	to	to	PART
cana-6028	228	17	identify	identify	VERB
cana-6028	228	18	and	and	CCONJ
cana-6028	228	19	compare	compare	VERB
cana-6028	228	20	the	the	DET
cana-6028	228	21	performance	performance	NOUN
cana-6028	228	22	of	of	ADP
cana-6028	228	23	a	a	DET
cana-6028	228	24	portfolio	portfolio	NOUN
cana-6028	228	25	of	of	ADP
cana-6028	228	26	selected	select	VERB
cana-6028	228	27	companies	company	NOUN
cana-6028	228	28	with	with	ADP
cana-6028	228	29	nifty	nifty	ADJ
cana-6028	228	30	100	100	NUM
cana-6028	228	31	.	.	PUNCT
cana-6028	229	1	the	the	DET
cana-6028	229	2	analysis	analysis	NOUN
cana-6028	229	3	is	be	AUX
cana-6028	229	4	carried	carry	VERB
cana-6028	229	5	out	out	ADP
cana-6028	229	6	over	over	ADP
cana-6028	229	7	a	a	DET
cana-6028	229	8	significant	significant	ADJ
cana-6028	229	9	timeframe	timeframe	NOUN
cana-6028	229	10	,	,	PUNCT
cana-6028	229	11	from	from	ADP
cana-6028	229	12	2007	2007	NUM
cana-6028	229	13	to	to	ADP
cana-6028	229	14	2024	2024	NUM
cana-6028	229	15	,	,	PUNCT
cana-6028	229	16	using	use	VERB
cana-6028	229	17	quarterly	quarterly	ADJ
cana-6028	229	18	investment	investment	NOUN
cana-6028	229	19	data	datum	NOUN
cana-6028	229	20	.	.	PUNCT
cana-6028	230	1	the	the	DET
cana-6028	230	2	main	main	ADJ
cana-6028	230	3	objective	objective	NOUN
cana-6028	230	4	of	of	ADP
cana-6028	230	5	this	this	DET
cana-6028	230	6	research	research	NOUN
cana-6028	230	7	is	be	AUX
cana-6028	230	8	to	to	PART
cana-6028	230	9	evaluate	evaluate	VERB
cana-6028	230	10	the	the	DET
cana-6028	230	11	effectiveness	effectiveness	NOUN
cana-6028	230	12	of	of	ADP
cana-6028	230	13	the	the	DET
cana-6028	230	14	piotroski	piotroski	ADJ
cana-6028	230	15	score	score	NOUN
cana-6028	230	16	as	as	ADP
cana-6028	230	17	a	a	DET
cana-6028	230	18	robust	robust	ADJ
cana-6028	230	19	selection	selection	NOUN
cana-6028	230	20	criterion	criterion	NOUN
cana-6028	230	21	for	for	ADP
cana-6028	230	22	portfolio	portfolio	NOUN
cana-6028	230	23	investments	investment	NOUN
cana-6028	230	24	in	in	ADP
cana-6028	230	25	the	the	DET
cana-6028	230	26	indian	indian	ADJ
cana-6028	230	27	stock	stock	NOUN
cana-6028	230	28	market	market	NOUN
cana-6028	230	29	.	.	PUNCT
cana-6028	231	1	by	by	ADP
cana-6028	231	2	comparing	compare	VERB
cana-6028	231	3	the	the	DET
cana-6028	231	4	growth	growth	NOUN
cana-6028	231	5	and	and	CCONJ
cana-6028	231	6	returns	return	NOUN
cana-6028	231	7	of	of	ADP
cana-6028	231	8	a	a	DET
cana-6028	231	9	portfolio	portfolio	NOUN
cana-6028	231	10	constructed	construct	VERB
cana-6028	231	11	using	use	VERB
cana-6028	231	12	the	the	DET
cana-6028	231	13	top	top	ADJ
cana-6028	231	14	10	10	NUM
cana-6028	231	15	companies	company	NOUN
cana-6028	231	16	with	with	ADP
cana-6028	231	17	the	the	DET
cana-6028	231	18	highest	high	ADJ
cana-6028	231	19	piotroski	piotroski	ADJ
cana-6028	231	20	scores	score	NOUN
cana-6028	231	21	against	against	ADP
cana-6028	231	22	the	the	DET
cana-6028	231	23	nifty	nifty	ADJ
cana-6028	231	24	100	100	NUM
cana-6028	231	25	,	,	PUNCT
cana-6028	231	26	the	the	DET
cana-6028	231	27	study	study	NOUN
cana-6028	231	28	aims	aim	VERB
cana-6028	231	29	to	to	PART
cana-6028	231	30	ascertain	ascertain	VERB
cana-6028	231	31	the	the	DET
cana-6028	231	32	score	score	NOUN
cana-6028	231	33	’s	’s	PART
cana-6028	231	34	predictive	predictive	ADJ
cana-6028	231	35	accuracy	accuracy	NOUN
cana-6028	231	36	in	in	ADP
cana-6028	231	37	maximizing	maximize	VERB
cana-6028	231	38	returns	return	NOUN
cana-6028	231	39	.	.	PUNCT
cana-6028	232	1	4.1	4.1	NUM
cana-6028	232	2	.	.	PUNCT
cana-6028	232	3	gross	gross	ADJ
cana-6028	232	4	merchandise	merchandise	NOUN
cana-6028	232	5	value	value	NOUN
cana-6028	232	6	(	(	PUNCT
cana-6028	232	7	gmv	gmv	PROPN
cana-6028	232	8	)	)	PUNCT
cana-6028	232	9	over	over	ADP
cana-6028	232	10	time	time	NOUN
cana-6028	232	11	(	(	PUNCT
cana-6028	232	12	figure	figure	NOUN
cana-6028	232	13	2	2	NUM
cana-6028	232	14	)	)	PUNCT
cana-6028	232	15	figure	figure	NOUN
cana-6028	232	16	2	2	NUM
cana-6028	232	17	.	.	PUNCT
cana-6028	232	18	investment	investment	NOUN
cana-6028	232	19	growth(gmv	growth(gmv	PROPN
cana-6028	232	20	)	)	PUNCT
cana-6028	232	21	over	over	ADP
cana-6028	232	22	time	time	NOUN
cana-6028	232	23	https://internationalpubls.com/	https://internationalpubls.com/	PROPN
cana-6028	232	24	communications	communication	NOUN
cana-6028	232	25	on	on	ADP
cana-6028	232	26	applied	apply	VERB
cana-6028	232	27	nonlinear	nonlinear	ADJ
cana-6028	232	28	analysis	analysis	NOUN
cana-6028	232	29	issn	issn	NOUN
cana-6028	232	30	:	:	PUNCT
cana-6028	232	31	1074	1074	NUM
cana-6028	232	32	-	-	PUNCT
cana-6028	232	33	133x	133x	NUM
cana-6028	232	34	vol	vol	NOUN
cana-6028	232	35	32	32	NUM
cana-6028	232	36	no	no	NOUN
cana-6028	232	37	.	.	PUNCT
cana-6028	233	1	9s	9s	NUM
cana-6028	233	2	(	(	PUNCT
cana-6028	233	3	2025	2025	NUM
cana-6028	233	4	)	)	PUNCT
cana-6028	233	5	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	233	6	3238	3238	NUM
cana-6028	233	7	the	the	DET
cana-6028	233	8	graph	graph	NOUN
cana-6028	233	9	(	(	PUNCT
cana-6028	233	10	figure	figure	NOUN
cana-6028	233	11	2	2	NUM
cana-6028	233	12	)	)	PUNCT
cana-6028	233	13	depicts	depict	VERB
cana-6028	233	14	the	the	DET
cana-6028	233	15	gmv	gmv	ADJ
cana-6028	233	16	progression	progression	NOUN
cana-6028	233	17	of	of	ADP
cana-6028	233	18	the	the	DET
cana-6028	233	19	portfolio	portfolio	NOUN
cana-6028	233	20	over	over	ADP
cana-6028	233	21	the	the	DET
cana-6028	233	22	quarters	quarter	NOUN
cana-6028	233	23	.	.	PUNCT
cana-6028	234	1	gmv	gmv	PROPN
cana-6028	234	2	is	be	AUX
cana-6028	234	3	represented	represent	VERB
cana-6028	234	4	in	in	ADP
cana-6028	234	5	crores	crore	NOUN
cana-6028	234	6	and	and	CCONJ
cana-6028	234	7	demonstrates	demonstrate	VERB
cana-6028	234	8	steady	steady	ADJ
cana-6028	234	9	growth	growth	NOUN
cana-6028	234	10	:	:	PUNCT
cana-6028	235	1	1	1	X
cana-6028	235	2	.	.	X
cana-6028	235	3	from	from	ADP
cana-6028	235	4	2007	2007	NUM
cana-6028	235	5	to	to	ADP
cana-6028	235	6	around	around	ADP
cana-6028	235	7	2014	2014	NUM
cana-6028	235	8	,	,	PUNCT
cana-6028	235	9	the	the	DET
cana-6028	235	10	gmv	gmv	PROPN
cana-6028	235	11	shows	show	VERB
cana-6028	235	12	modest	modest	ADJ
cana-6028	235	13	growth	growth	NOUN
cana-6028	235	14	aligning	align	VERB
cana-6028	235	15	with	with	ADP
cana-6028	235	16	slower	slow	ADJ
cana-6028	235	17	economic	economic	ADJ
cana-6028	235	18	recovery	recovery	NOUN
cana-6028	235	19	phases	phase	NOUN
cana-6028	235	20	post	post	VERB
cana-6028	235	21	the	the	DET
cana-6028	235	22	2008	2008	NUM
cana-6028	235	23	global	global	ADJ
cana-6028	235	24	financial	financial	ADJ
cana-6028	235	25	crisis	crisis	NOUN
cana-6028	235	26	.	.	PUNCT
cana-6028	236	1	2	2	X
cana-6028	236	2	.	.	X
cana-6028	236	3	post-2014	post-2014	NOUN
cana-6028	236	4	,	,	PUNCT
cana-6028	236	5	the	the	DET
cana-6028	236	6	gmv	gmv	PROPN
cana-6028	236	7	shows	show	VERB
cana-6028	236	8	significant	significant	ADJ
cana-6028	236	9	growth	growth	NOUN
cana-6028	236	10	,	,	PUNCT
cana-6028	236	11	particularly	particularly	ADV
cana-6028	236	12	after	after	ADP
cana-6028	236	13	2017	2017	NUM
cana-6028	236	14	,	,	PUNCT
cana-6028	236	15	aligned	align	VERB
cana-6028	236	16	with	with	ADP
cana-6028	236	17	economic	economic	ADJ
cana-6028	236	18	reforms	reform	NOUN
cana-6028	236	19	in	in	ADP
cana-6028	236	20	india	india	PROPN
cana-6028	236	21	and	and	CCONJ
cana-6028	236	22	market	market	NOUN
cana-6028	236	23	optimism	optimism	NOUN
cana-6028	236	24	.	.	PUNCT
cana-6028	237	1	3	3	X
cana-6028	237	2	.	.	PUNCT
cana-6028	237	3	by	by	ADP
cana-6028	237	4	2024	2024	NUM
cana-6028	237	5	,	,	PUNCT
cana-6028	237	6	the	the	DET
cana-6028	237	7	gmv	gmv	ADJ
cana-6028	237	8	will	will	AUX
cana-6028	237	9	reach	reach	VERB
cana-6028	237	10	approximately	approximately	ADV
cana-6028	237	11	1.8	1.8	NUM
cana-6028	237	12	crore	crore	NOUN
cana-6028	237	13	(	(	PUNCT
cana-6028	237	14	assuming	assume	VERB
cana-6028	237	15	that	that	SCONJ
cana-6028	237	16	the	the	DET
cana-6028	237	17	initial	initial	ADJ
cana-6028	237	18	investment	investment	NOUN
cana-6028	237	19	is	be	AUX
cana-6028	237	20	10lakh	10lakh	NUM
cana-6028	237	21	rupees	rupee	NOUN
cana-6028	237	22	only	only	ADV
cana-6028	237	23	)	)	PUNCT
cana-6028	237	24	,	,	PUNCT
cana-6028	237	25	reflecting	reflect	VERB
cana-6028	237	26	the	the	DET
cana-6028	237	27	compound	compound	NOUN
cana-6028	237	28	growth	growth	NOUN
cana-6028	237	29	impact	impact	NOUN
cana-6028	237	30	of	of	ADP
cana-6028	237	31	consistent	consistent	ADJ
cana-6028	237	32	reinvestments	reinvestment	NOUN
cana-6028	237	33	based	base	VERB
cana-6028	237	34	on	on	ADP
cana-6028	237	35	quarterly	quarterly	ADJ
cana-6028	237	36	evaluations	evaluation	NOUN
cana-6028	237	37	.	.	PUNCT
cana-6028	238	1	4.2	4.2	NUM
cana-6028	238	2	.	.	PUNCT
cana-6028	238	3	growth	growth	NOUN
cana-6028	238	4	percentage	percentage	NOUN
cana-6028	238	5	:	:	PUNCT
cana-6028	238	6	gmv	gmv	PROPN
cana-6028	238	7	portfolio	portfolio	NOUN
cana-6028	238	8	vs.	vs.	ADP
cana-6028	238	9	nifty	nifty	ADJ
cana-6028	238	10	100	100	NUM
cana-6028	238	11	(	(	PUNCT
cana-6028	238	12	figure	figure	NOUN
cana-6028	238	13	3	3	NUM
cana-6028	238	14	)	)	PUNCT
cana-6028	238	15	figure	figure	NOUN
cana-6028	238	16	3	3	NUM
cana-6028	238	17	.	.	PUNCT
cana-6028	238	18	percentage	percentage	NOUN
cana-6028	238	19	growth	growth	NOUN
cana-6028	238	20	comparison	comparison	NOUN
cana-6028	238	21	(	(	PUNCT
cana-6028	238	22	gmv	gmv	VERB
cana-6028	238	23	v	v	NOUN
cana-6028	238	24	/	/	SYM
cana-6028	238	25	s	s	PART
cana-6028	238	26	nifty100	nifty100	PROPN
cana-6028	238	27	)	)	PUNCT
cana-6028	238	28	over	over	ADP
cana-6028	238	29	time	time	NOUN
cana-6028	238	30	the	the	DET
cana-6028	238	31	graph	graph	NOUN
cana-6028	238	32	(	(	PUNCT
cana-6028	238	33	figure	figure	NOUN
cana-6028	238	34	3	3	NUM
cana-6028	238	35	.	.	PUNCT
cana-6028	238	36	)	)	PUNCT
cana-6028	238	37	depicts	depict	VERB
cana-6028	238	38	the	the	DET
cana-6028	238	39	growth	growth	NOUN
cana-6028	238	40	percentage	percentage	NOUN
cana-6028	238	41	of	of	ADP
cana-6028	238	42	the	the	DET
cana-6028	238	43	gmv	gmv	PROPN
cana-6028	238	44	portfolio	portfolio	NOUN
cana-6028	238	45	compared	compare	VERB
cana-6028	238	46	to	to	ADP
cana-6028	238	47	the	the	DET
cana-6028	238	48	nifty	nifty	ADJ
cana-6028	238	49	100	100	NUM
cana-6028	238	50	index	index	NOUN
cana-6028	238	51	over	over	ADP
cana-6028	238	52	time	time	NOUN
cana-6028	238	53	:	:	PUNCT
cana-6028	238	54	1	1	X
cana-6028	238	55	.	.	PUNCT
cana-6028	238	56	initially	initially	ADV
cana-6028	238	57	,	,	PUNCT
cana-6028	238	58	both	both	CCONJ
cana-6028	238	59	the	the	DET
cana-6028	238	60	portfolio	portfolio	NOUN
cana-6028	238	61	and	and	CCONJ
cana-6028	238	62	nifty	nifty	ADJ
cana-6028	238	63	100	100	NUM
cana-6028	238	64	exhibit	exhibit	NOUN
cana-6028	238	65	minimal	minimal	ADJ
cana-6028	238	66	or	or	CCONJ
cana-6028	238	67	negative	negative	ADJ
cana-6028	238	68	growth	growth	NOUN
cana-6028	238	69	until	until	ADP
cana-6028	238	70	around	around	ADP
cana-6028	238	71	2012	2012	NUM
cana-6028	238	72	.	.	PUNCT
cana-6028	239	1	2	2	X
cana-6028	239	2	.	.	X
cana-6028	239	3	the	the	DET
cana-6028	239	4	portfolio	portfolio	NOUN
cana-6028	239	5	begins	begin	VERB
cana-6028	239	6	to	to	PART
cana-6028	239	7	noticeably	noticeably	ADV
cana-6028	239	8	outperform	outperform	VERB
cana-6028	239	9	the	the	DET
cana-6028	239	10	index	index	NOUN
cana-6028	239	11	from	from	ADP
cana-6028	239	12	around	around	ADP
cana-6028	239	13	2016	2016	NUM
cana-6028	239	14	onward	onward	ADV
cana-6028	239	15	.	.	PUNCT
cana-6028	240	1	3	3	X
cana-6028	240	2	.	.	X
cana-6028	240	3	after	after	ADP
cana-6028	240	4	2020	2020	NUM
cana-6028	240	5	the	the	DET
cana-6028	240	6	divergence	divergence	NOUN
cana-6028	240	7	becomes	become	VERB
cana-6028	240	8	substantial	substantial	ADJ
cana-6028	240	9	,	,	PUNCT
cana-6028	240	10	with	with	ADP
cana-6028	240	11	the	the	DET
cana-6028	240	12	gmv	gmv	PROPN
cana-6028	240	13	portfolio	portfolio	NOUN
cana-6028	240	14	surpassing	surpass	VERB
cana-6028	240	15	800	800	NUM
cana-6028	240	16	%	%	NOUN
cana-6028	240	17	growth	growth	NOUN
cana-6028	240	18	,	,	PUNCT
cana-6028	240	19	while	while	SCONJ
cana-6028	240	20	the	the	DET
cana-6028	240	21	nifty	nifty	ADJ
cana-6028	240	22	100	100	NUM
cana-6028	240	23	achieves	achieve	VERB
cana-6028	240	24	around	around	ADP
cana-6028	240	25	250	250	NUM
cana-6028	240	26	%	%	NOUN
cana-6028	240	27	growth	growth	NOUN
cana-6028	240	28	.	.	PUNCT
cana-6028	241	1	4	4	X
cana-6028	241	2	.	.	X
cana-6028	241	3	this	this	DET
cana-6028	241	4	significant	significant	ADJ
cana-6028	241	5	outperformance	outperformance	NOUN
cana-6028	241	6	underscores	underscore	VERB
cana-6028	241	7	the	the	DET
cana-6028	241	8	potential	potential	ADJ
cana-6028	241	9	effectiveness	effectiveness	NOUN
cana-6028	241	10	of	of	ADP
cana-6028	241	11	the	the	DET
cana-6028	241	12	piotroski	piotroski	ADJ
cana-6028	241	13	scorebased	scorebase	VERB
cana-6028	241	14	strategy	strategy	NOUN
cana-6028	241	15	in	in	ADP
cana-6028	241	16	identifying	identify	VERB
cana-6028	241	17	high	high	ADJ
cana-6028	241	18	-	-	PUNCT
cana-6028	241	19	growth	growth	NOUN
cana-6028	241	20	stocks	stock	NOUN
cana-6028	241	21	over	over	ADP
cana-6028	241	22	the	the	DET
cana-6028	241	23	long	long	ADJ
cana-6028	241	24	term	term	NOUN
cana-6028	241	25	.	.	PUNCT
cana-6028	242	1	4.3	4.3	NUM
cana-6028	242	2	.	.	PUNCT
cana-6028	242	3	impact	impact	NOUN
cana-6028	242	4	of	of	ADP
cana-6028	242	5	removing	remove	VERB
cana-6028	242	6	individual	individual	ADJ
cana-6028	242	7	piotroski	piotroski	ADJ
cana-6028	242	8	factors	factor	NOUN
cana-6028	242	9	the	the	DET
cana-6028	242	10	experiments	experiment	NOUN
cana-6028	242	11	demonstrated	demonstrate	VERB
cana-6028	242	12	that	that	SCONJ
cana-6028	242	13	not	not	PART
cana-6028	242	14	all	all	DET
cana-6028	242	15	nine	nine	NUM
cana-6028	242	16	factors	factor	NOUN
cana-6028	242	17	contribute	contribute	VERB
cana-6028	242	18	equally	equally	ADV
cana-6028	242	19	to	to	ADP
cana-6028	242	20	the	the	DET
cana-6028	242	21	investment	investment	NOUN
cana-6028	242	22	outcome	outcome	NOUN
cana-6028	242	23	.	.	PUNCT
cana-6028	243	1	during	during	ADP
cana-6028	243	2	the	the	DET
cana-6028	243	3	entire	entire	ADJ
cana-6028	243	4	investment	investment	NOUN
cana-6028	243	5	period	period	NOUN
cana-6028	243	6	,	,	PUNCT
cana-6028	243	7	the	the	DET
cana-6028	243	8	baseline	baseline	NOUN
cana-6028	243	9	portfolio	portfolio	NOUN
cana-6028	243	10	using	use	VERB
cana-6028	243	11	all	all	DET
cana-6028	243	12	nine	nine	NUM
cana-6028	243	13	piotroski	piotroski	ADJ
cana-6028	243	14	factors	factor	NOUN
cana-6028	243	15	grew	grow	VERB
cana-6028	243	16	by	by	ADP
cana-6028	243	17	approximately	approximately	ADV
cana-6028	243	18	1695.86	1695.86	NUM
cana-6028	243	19	%	%	NOUN
cana-6028	243	20	(	(	PUNCT
cana-6028	243	21	from	from	ADP
cana-6028	243	22	10,00,000	10,00,000	NUM
cana-6028	243	23	to	to	ADP
cana-6028	243	24	1,79,58,561.61	1,79,58,561.61	NUM
cana-6028	243	25	)	)	PUNCT
cana-6028	243	26	.	.	PUNCT
cana-6028	244	1	this	this	DET
cana-6028	244	2	performance	performance	NOUN
cana-6028	244	3	served	serve	VERB
cana-6028	244	4	as	as	ADP
cana-6028	244	5	a	a	DET
cana-6028	244	6	reference	reference	NOUN
cana-6028	244	7	for	for	ADP
cana-6028	244	8	evaluating	evaluate	VERB
cana-6028	244	9	the	the	DET
cana-6028	244	10	effect	effect	NOUN
cana-6028	244	11	of	of	ADP
cana-6028	244	12	removing	remove	VERB
cana-6028	244	13	each	each	DET
cana-6028	244	14	individual	individual	ADJ
cana-6028	244	15	factor	factor	NOUN
cana-6028	244	16	from	from	ADP
cana-6028	244	17	the	the	DET
cana-6028	244	18	scoring	scoring	NOUN
cana-6028	244	19	model	model	NOUN
cana-6028	244	20	.	.	PUNCT
cana-6028	245	1	excluded	exclude	VERB
cana-6028	245	2	factor	factor	NOUN
cana-6028	245	3	portfolio	portfolio	NOUN
cana-6028	245	4	value	value	NOUN
cana-6028	245	5	(	(	PUNCT
cana-6028	245	6	₹	₹	NOUN
cana-6028	245	7	)	)	PUNCT
cana-6028	245	8	percentage	percentage	NOUN
cana-6028	245	9	growth	growth	NOUN
cana-6028	245	10	roa	roa	PROPN
cana-6028	245	11	1,53,92,106.27	1,53,92,106.27	NUM
cana-6028	245	12	1439.21	1439.21	NUM
cana-6028	245	13	%	%	NOUN
cana-6028	245	14	δroa	δroa	NOUN
cana-6028	245	15	1,62,16,426.44	1,62,16,426.44	NUM
cana-6028	245	16	1521.64	1521.64	NUM
cana-6028	245	17	%	%	NOUN
cana-6028	245	18	scaled	scale	VERB
cana-6028	245	19	cfo	cfo	NOUN
cana-6028	245	20	1,83,44,698.33	1,83,44,698.33	NUM
cana-6028	245	21	1734.47	1734.47	NUM
cana-6028	245	22	%	%	NOUN
cana-6028	245	23	accrual	accrual	ADJ
cana-6028	245	24	99,24,175.26	99,24,175.26	NUM
cana-6028	245	25	892.42	892.42	NUM
cana-6028	245	26	%	%	NOUN
cana-6028	245	27	δleverage	δleverage	NOUN
cana-6028	245	28	1,72,96,236.72	1,72,96,236.72	NUM
cana-6028	245	29	1629.62	1629.62	NUM
cana-6028	245	30	%	%	NOUN
cana-6028	245	31	https://internationalpubls.com/	https://internationalpubls.com/	PROPN
cana-6028	245	32	communications	communication	NOUN
cana-6028	245	33	on	on	ADP
cana-6028	245	34	applied	apply	VERB
cana-6028	245	35	nonlinear	nonlinear	ADJ
cana-6028	245	36	analysis	analysis	NOUN
cana-6028	245	37	issn	issn	NOUN
cana-6028	245	38	:	:	PUNCT
cana-6028	245	39	1074	1074	NUM
cana-6028	245	40	-	-	PUNCT
cana-6028	245	41	133x	133x	NUM
cana-6028	245	42	vol	vol	NOUN
cana-6028	245	43	32	32	NUM
cana-6028	245	44	no	no	NOUN
cana-6028	245	45	.	.	PUNCT
cana-6028	246	1	9s	9s	NUM
cana-6028	246	2	(	(	PUNCT
cana-6028	246	3	2025	2025	NUM
cana-6028	246	4	)	)	PUNCT
cana-6028	247	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	247	2	3239	3239	NUM
cana-6028	247	3	excluded	exclude	VERB
cana-6028	247	4	factor	factor	NOUN
cana-6028	247	5	portfolio	portfolio	NOUN
cana-6028	247	6	value	value	NOUN
cana-6028	247	7	(	(	PUNCT
cana-6028	247	8	₹	₹	NOUN
cana-6028	247	9	)	)	PUNCT
cana-6028	247	10	percentage	percentage	NOUN
cana-6028	247	11	growth	growth	NOUN
cana-6028	247	12	δliquidity	δliquidity	NOUN
cana-6028	247	13	1,55,91,882.47	1,55,91,882.47	NUM
cana-6028	247	14	1459.19	1459.19	NUM
cana-6028	247	15	%	%	NOUN
cana-6028	247	16	δgross	δgross	ADJ
cana-6028	247	17	margin	margin	NOUN
cana-6028	247	18	1,84,49,537.53	1,84,49,537.53	NUM
cana-6028	247	19	1744.95	1744.95	NUM
cana-6028	247	20	%	%	NOUN
cana-6028	247	21	δasset	δasset	VERB
cana-6028	247	22	turnover	turnover	NOUN
cana-6028	247	23	1,90,12,359.39	1,90,12,359.39	NUM
cana-6028	247	24	1801.24	1801.24	NUM
cana-6028	247	25	%	%	NOUN
cana-6028	247	26	equity	equity	NOUN
cana-6028	247	27	issuance	issuance	NOUN
cana-6028	247	28	1,79,59,208.68	1,79,59,208.68	NUM
cana-6028	247	29	1695.92	1695.92	NUM
cana-6028	247	30	%	%	NOUN
cana-6028	247	31	table	table	NOUN
cana-6028	247	32	2	2	NUM
cana-6028	247	33	.	.	PUNCT
cana-6028	247	34	impact	impact	NOUN
cana-6028	247	35	of	of	ADP
cana-6028	247	36	excluding	exclude	VERB
cana-6028	247	37	individual	individual	ADJ
cana-6028	247	38	piotroski	piotroski	ADJ
cana-6028	247	39	score	score	NOUN
cana-6028	247	40	factors	factor	NOUN
cana-6028	247	41	5	5	NUM
cana-6028	247	42	.	.	PUNCT
cana-6028	247	43	discussion	discussion	NOUN
cana-6028	247	44	5.1	5.1	NUM
cana-6028	247	45	.	.	PUNCT
cana-6028	248	1	superiority	superiority	NOUN
cana-6028	248	2	of	of	ADP
cana-6028	248	3	piotroski	piotroski	NOUN
cana-6028	248	4	-	-	PUNCT
cana-6028	248	5	based	base	VERB
cana-6028	248	6	investment	investment	NOUN
cana-6028	248	7	:	:	PUNCT
cana-6028	248	8	the	the	DET
cana-6028	248	9	portfolio	portfolio	NOUN
cana-6028	248	10	constructed	construct	VERB
cana-6028	248	11	using	use	VERB
cana-6028	248	12	piotroski	piotroski	ADJ
cana-6028	248	13	scores	score	NOUN
cana-6028	248	14	consistently	consistently	ADV
cana-6028	248	15	outperforms	outperform	VERB
cana-6028	248	16	the	the	DET
cana-6028	248	17	nifty	nifty	ADJ
cana-6028	248	18	100	100	NUM
cana-6028	248	19	index	index	NOUN
cana-6028	248	20	in	in	ADP
cana-6028	248	21	terms	term	NOUN
cana-6028	248	22	of	of	ADP
cana-6028	248	23	gmv	gmv	ADJ
cana-6028	248	24	,	,	PUNCT
cana-6028	248	25	growth	growth	NOUN
cana-6028	248	26	percentage	percentage	NOUN
cana-6028	248	27	,	,	PUNCT
cana-6028	248	28	and	and	CCONJ
cana-6028	248	29	cumulative	cumulative	ADJ
cana-6028	248	30	returns	return	NOUN
cana-6028	248	31	.	.	PUNCT
cana-6028	249	1	this	this	PRON
cana-6028	249	2	underscores	underscore	VERB
cana-6028	249	3	the	the	DET
cana-6028	249	4	efficacy	efficacy	NOUN
cana-6028	249	5	of	of	ADP
cana-6028	249	6	the	the	DET
cana-6028	249	7	score	score	NOUN
cana-6028	249	8	in	in	ADP
cana-6028	249	9	identifying	identify	VERB
cana-6028	249	10	undervalued	undervalued	ADJ
cana-6028	249	11	and	and	CCONJ
cana-6028	249	12	high	high	ADV
cana-6028	249	13	-	-	PUNCT
cana-6028	249	14	performing	perform	VERB
cana-6028	249	15	companies	company	NOUN
cana-6028	249	16	.	.	PUNCT
cana-6028	250	1	5.2	5.2	NUM
cana-6028	250	2	.	.	PUNCT
cana-6028	250	3	dynamic	dynamic	ADJ
cana-6028	250	4	portfolio	portfolio	NOUN
cana-6028	250	5	management	management	NOUN
cana-6028	250	6	:	:	PUNCT
cana-6028	250	7	by	by	ADP
cana-6028	250	8	reevaluating	reevaluate	VERB
cana-6028	250	9	the	the	DET
cana-6028	250	10	top	top	ADJ
cana-6028	250	11	10	10	NUM
cana-6028	250	12	companies	company	NOUN
cana-6028	250	13	based	base	VERB
cana-6028	250	14	on	on	ADP
cana-6028	250	15	piotroski	piotroski	ADJ
cana-6028	250	16	scores	score	NOUN
cana-6028	250	17	each	each	DET
cana-6028	250	18	quarter	quarter	NOUN
cana-6028	250	19	;	;	PUNCT
cana-6028	250	20	the	the	DET
cana-6028	250	21	study	study	NOUN
cana-6028	250	22	emphasizes	emphasize	VERB
cana-6028	250	23	the	the	DET
cana-6028	250	24	importance	importance	NOUN
cana-6028	250	25	of	of	ADP
cana-6028	250	26	adaptive	adaptive	ADJ
cana-6028	250	27	investment	investment	NOUN
cana-6028	250	28	strategies	strategy	NOUN
cana-6028	250	29	.	.	PUNCT
cana-6028	251	1	this	this	DET
cana-6028	251	2	approach	approach	NOUN
cana-6028	251	3	captures	capture	VERB
cana-6028	251	4	market	market	NOUN
cana-6028	251	5	shifts	shift	NOUN
cana-6028	251	6	and	and	CCONJ
cana-6028	251	7	ensures	ensure	VERB
cana-6028	251	8	optimal	optimal	ADJ
cana-6028	251	9	allocation	allocation	NOUN
cana-6028	251	10	to	to	ADP
cana-6028	251	11	companies	company	NOUN
cana-6028	251	12	with	with	ADP
cana-6028	251	13	strong	strong	ADJ
cana-6028	251	14	fundamentals	fundamental	NOUN
cana-6028	251	15	.	.	PUNCT
cana-6028	252	1	5.3	5.3	NUM
cana-6028	252	2	.	.	PUNCT
cana-6028	252	3	significance	significance	NOUN
cana-6028	252	4	of	of	ADP
cana-6028	252	5	fundamental	fundamental	ADJ
cana-6028	252	6	analysis	analysis	NOUN
cana-6028	252	7	:	:	PUNCT
cana-6028	252	8	the	the	DET
cana-6028	252	9	piotroski	piotroski	ADJ
cana-6028	252	10	score	score	NOUN
cana-6028	252	11	evaluates	evaluate	VERB
cana-6028	252	12	financial	financial	ADJ
cana-6028	252	13	health	health	NOUN
cana-6028	252	14	through	through	ADP
cana-6028	252	15	metrics	metric	NOUN
cana-6028	252	16	like	like	ADP
cana-6028	252	17	profitability	profitability	NOUN
cana-6028	252	18	,	,	PUNCT
cana-6028	252	19	leverage	leverage	NOUN
cana-6028	252	20	,	,	PUNCT
cana-6028	252	21	liquidity	liquidity	NOUN
cana-6028	252	22	and	and	CCONJ
cana-6028	252	23	efficiency	efficiency	NOUN
cana-6028	252	24	.	.	PUNCT
cana-6028	253	1	this	this	DET
cana-6028	253	2	rigorous	rigorous	ADJ
cana-6028	253	3	selection	selection	NOUN
cana-6028	253	4	criterion	criterion	NOUN
cana-6028	253	5	leads	lead	VERB
cana-6028	253	6	to	to	ADP
cana-6028	253	7	higher	high	ADJ
cana-6028	253	8	growth	growth	NOUN
cana-6028	253	9	potential	potential	NOUN
cana-6028	253	10	compared	compare	VERB
cana-6028	253	11	to	to	ADP
cana-6028	253	12	passive	passive	ADJ
cana-6028	253	13	index	index	NOUN
cana-6028	253	14	investing	investing	NOUN
cana-6028	253	15	.	.	PUNCT
cana-6028	254	1	5.4	5.4	NUM
cana-6028	254	2	.	.	PUNCT
cana-6028	255	1	investment	investment	NOUN
cana-6028	255	2	horizon	horizon	NOUN
cana-6028	255	3	matters	matter	VERB
cana-6028	255	4	:	:	PUNCT
cana-6028	255	5	the	the	DET
cana-6028	255	6	substantial	substantial	ADJ
cana-6028	255	7	outperformance	outperformance	NOUN
cana-6028	255	8	becomes	become	VERB
cana-6028	255	9	evident	evident	ADJ
cana-6028	255	10	over	over	ADP
cana-6028	255	11	the	the	DET
cana-6028	255	12	long	long	ADJ
cana-6028	255	13	term	term	NOUN
cana-6028	255	14	.	.	PUNCT
cana-6028	256	1	short	short	ADJ
cana-6028	256	2	-	-	PUNCT
cana-6028	256	3	term	term	NOUN
cana-6028	256	4	investors	investor	NOUN
cana-6028	256	5	may	may	AUX
cana-6028	256	6	not	not	PART
cana-6028	256	7	see	see	VERB
cana-6028	256	8	similar	similar	ADJ
cana-6028	256	9	results	result	NOUN
cana-6028	256	10	due	due	ADP
cana-6028	256	11	to	to	ADP
cana-6028	256	12	market	market	NOUN
cana-6028	256	13	volatility	volatility	NOUN
cana-6028	256	14	and	and	CCONJ
cana-6028	256	15	shorter	short	ADJ
cana-6028	256	16	compounding	compounding	NOUN
cana-6028	256	17	periods	period	NOUN
cana-6028	256	18	.	.	PUNCT
cana-6028	257	1	5.5	5.5	NUM
cana-6028	257	2	.	.	PUNCT
cana-6028	257	3	practical	practical	ADJ
cana-6028	257	4	application	application	NOUN
cana-6028	257	5	for	for	ADP
cana-6028	257	6	investors	investor	NOUN
cana-6028	257	7	:	:	PUNCT
cana-6028	257	8	indian	indian	ADJ
cana-6028	257	9	investors	investor	NOUN
cana-6028	257	10	seeking	seek	VERB
cana-6028	257	11	an	an	DET
cana-6028	257	12	alternative	alternative	NOUN
cana-6028	257	13	to	to	ADP
cana-6028	257	14	index	index	NOUN
cana-6028	257	15	funds	fund	NOUN
cana-6028	257	16	or	or	CCONJ
cana-6028	257	17	sector	sector	NOUN
cana-6028	257	18	-	-	PUNCT
cana-6028	257	19	based	base	VERB
cana-6028	257	20	investments	investment	NOUN
cana-6028	257	21	can	can	AUX
cana-6028	257	22	leverage	leverage	VERB
cana-6028	257	23	the	the	DET
cana-6028	257	24	piotroski	piotroski	ADJ
cana-6028	257	25	score	score	NOUN
cana-6028	257	26	to	to	PART
cana-6028	257	27	create	create	VERB
cana-6028	257	28	customized	customized	ADJ
cana-6028	257	29	portfolios	portfolio	NOUN
cana-6028	257	30	,	,	PUNCT
cana-6028	257	31	offering	offer	VERB
cana-6028	257	32	potentially	potentially	ADV
cana-6028	257	33	higher	high	ADJ
cana-6028	257	34	returns	return	NOUN
cana-6028	257	35	at	at	ADP
cana-6028	257	36	comparable	comparable	ADJ
cana-6028	257	37	risk	risk	NOUN
cana-6028	257	38	levels	level	NOUN
cana-6028	257	39	.	.	PUNCT
cana-6028	258	1	5.6	5.6	NUM
cana-6028	258	2	.	.	PUNCT
cana-6028	258	3	impact	impact	NOUN
cana-6028	258	4	and	and	CCONJ
cana-6028	258	5	interpretation	interpretation	NOUN
cana-6028	258	6	of	of	ADP
cana-6028	258	7	the	the	DET
cana-6028	258	8	excluded	exclude	VERB
cana-6028	258	9	factors	factor	NOUN
cana-6028	258	10	:	:	PUNCT
cana-6028	258	11	figure	figure	VERB
cana-6028	258	12	4	4	NUM
cana-6028	258	13	.	.	PUNCT
cana-6028	258	14	comparative	comparative	ADJ
cana-6028	258	15	impact	impact	NOUN
cana-6028	258	16	of	of	ADP
cana-6028	258	17	excluding	exclude	VERB
cana-6028	258	18	individual	individual	ADJ
cana-6028	258	19	piotroski	piotroski	ADJ
cana-6028	258	20	factors	factor	NOUN
cana-6028	258	21	on	on	ADP
cana-6028	258	22	portfolio	portfolio	NOUN
cana-6028	258	23	growth	growth	NOUN
cana-6028	258	24	https://internationalpubls.com/	https://internationalpubls.com/	PROPN
cana-6028	258	25	communications	communication	NOUN
cana-6028	258	26	on	on	ADP
cana-6028	258	27	applied	apply	VERB
cana-6028	258	28	nonlinear	nonlinear	ADJ
cana-6028	258	29	analysis	analysis	NOUN
cana-6028	258	30	issn	issn	NOUN
cana-6028	258	31	:	:	PUNCT
cana-6028	258	32	1074	1074	NUM
cana-6028	258	33	-	-	PUNCT
cana-6028	258	34	133x	133x	NUM
cana-6028	258	35	vol	vol	NOUN
cana-6028	258	36	32	32	NUM
cana-6028	258	37	no	no	NOUN
cana-6028	258	38	.	.	PUNCT
cana-6028	259	1	9s	9s	NUM
cana-6028	259	2	(	(	PUNCT
cana-6028	259	3	2025	2025	NUM
cana-6028	259	4	)	)	PUNCT
cana-6028	260	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	260	2	3240	3240	NUM
cana-6028	260	3	5.6.1	5.6.1	NUM
cana-6028	260	4	.	.	PUNCT
cana-6028	260	5	roa	roa	PROPN
cana-6028	260	6	(	(	PUNCT
cana-6028	260	7	return	return	VERB
cana-6028	260	8	on	on	ADP
cana-6028	260	9	assets	asset	NOUN
cana-6028	260	10	):	):	PUNCT
cana-6028	260	11	portfolio	portfolio	NOUN
cana-6028	260	12	return	return	NOUN
cana-6028	260	13	fell	fall	VERB
cana-6028	260	14	to	to	ADP
cana-6028	260	15	1439.21	1439.21	NUM
cana-6028	260	16	%	%	NOUN
cana-6028	260	17	.	.	PUNCT
cana-6028	261	1	roa	roa	PROPN
cana-6028	261	2	is	be	AUX
cana-6028	261	3	key	key	ADJ
cana-6028	261	4	for	for	ADP
cana-6028	261	5	profitability	profitability	NOUN
cana-6028	261	6	and	and	CCONJ
cana-6028	261	7	asset	asset	NOUN
cana-6028	261	8	efficiency	efficiency	NOUN
cana-6028	261	9	.	.	PUNCT
cana-6028	262	1	without	without	ADP
cana-6028	262	2	it	it	PRON
cana-6028	262	3	;	;	PUNCT
cana-6028	262	4	firms	firm	NOUN
cana-6028	262	5	with	with	ADP
cana-6028	262	6	poor	poor	ADJ
cana-6028	262	7	asset	asset	NOUN
cana-6028	262	8	use	use	NOUN
cana-6028	262	9	may	may	AUX
cana-6028	262	10	slip	slip	VERB
cana-6028	262	11	into	into	ADP
cana-6028	262	12	the	the	DET
cana-6028	262	13	portfolio	portfolio	NOUN
cana-6028	262	14	.	.	PUNCT
cana-6028	263	1	5.6.2	5.6.2	NOUN
cana-6028	263	2	.	.	PUNCT
cana-6028	263	3	∆roa	∆roa	NOUN
cana-6028	263	4	(	(	PUNCT
cana-6028	263	5	change	change	NOUN
cana-6028	263	6	in	in	ADP
cana-6028	263	7	roa	roa	PROPN
cana-6028	263	8	):	):	PUNCT
cana-6028	263	9	portfolio	portfolio	NOUN
cana-6028	263	10	return	return	NOUN
cana-6028	263	11	reached	reach	VERB
cana-6028	263	12	1521.64	1521.64	NUM
cana-6028	263	13	%	%	NOUN
cana-6028	263	14	.	.	PUNCT
cana-6028	264	1	though	though	SCONJ
cana-6028	264	2	less	less	ADV
cana-6028	264	3	critical	critical	ADJ
cana-6028	264	4	than	than	ADP
cana-6028	264	5	roa	roa	NOUN
cana-6028	264	6	;	;	PUNCT
cana-6028	264	7	this	this	DET
cana-6028	264	8	factor	factor	NOUN
cana-6028	264	9	captures	capture	VERB
cana-6028	264	10	improving	improve	VERB
cana-6028	264	11	profitability	profitability	NOUN
cana-6028	264	12	trends	trend	NOUN
cana-6028	264	13	.	.	PUNCT
cana-6028	265	1	its	its	PRON
cana-6028	265	2	absence	absence	NOUN
cana-6028	265	3	can	can	AUX
cana-6028	265	4	miss	miss	VERB
cana-6028	265	5	turnaround	turnaround	NOUN
cana-6028	265	6	companies	company	NOUN
cana-6028	265	7	.	.	PUNCT
cana-6028	266	1	5.6.3	5.6.3	X
cana-6028	266	2	.	.	PUNCT
cana-6028	266	3	scaled	scale	VERB
cana-6028	266	4	cfo	cfo	PROPN
cana-6028	266	5	(	(	PUNCT
cana-6028	266	6	cash	cash	NOUN
cana-6028	266	7	flow	flow	NOUN
cana-6028	266	8	from	from	ADP
cana-6028	266	9	operations	operation	NOUN
cana-6028	266	10	):	):	PUNCT
cana-6028	266	11	return	return	NOUN
cana-6028	266	12	rose	rise	VERB
cana-6028	266	13	to	to	ADP
cana-6028	266	14	1734.47	1734.47	NUM
cana-6028	266	15	%	%	NOUN
cana-6028	266	16	when	when	SCONJ
cana-6028	266	17	excluded	exclude	VERB
cana-6028	266	18	.	.	PUNCT
cana-6028	267	1	omitting	omit	VERB
cana-6028	267	2	cfo	cfo	PROPN
cana-6028	267	3	can	can	AUX
cana-6028	267	4	favour	favour	VERB
cana-6028	267	5	high	high	ADJ
cana-6028	267	6	-	-	PUNCT
cana-6028	267	7	growth	growth	NOUN
cana-6028	267	8	firms	firm	NOUN
cana-6028	267	9	with	with	ADP
cana-6028	267	10	temporary	temporary	ADJ
cana-6028	267	11	negative	negative	ADJ
cana-6028	267	12	cash	cash	NOUN
cana-6028	267	13	flows	flow	NOUN
cana-6028	267	14	like	like	ADP
cana-6028	267	15	early	early	ADJ
cana-6028	267	16	-	-	PUNCT
cana-6028	267	17	stage	stage	NOUN
cana-6028	267	18	companies	company	NOUN
cana-6028	267	19	.	.	PUNCT
cana-6028	268	1	5.6.4	5.6.4	NUM
cana-6028	268	2	.	.	PUNCT
cana-6028	269	1	accruals	accrual	NOUN
cana-6028	269	2	(	(	PUNCT
cana-6028	269	3	cfo	cfo	NOUN
cana-6028	269	4	>	>	PUNCT
cana-6028	269	5	net	net	ADJ
cana-6028	269	6	income	income	NOUN
cana-6028	269	7	):	):	PUNCT
cana-6028	269	8	return	return	NOUN
cana-6028	269	9	dropped	drop	VERB
cana-6028	269	10	to	to	ADP
cana-6028	269	11	892.42	892.42	NUM
cana-6028	269	12	%	%	NOUN
cana-6028	269	13	;	;	PUNCT
cana-6028	269	14	the	the	DET
cana-6028	269	15	lowest	low	ADJ
cana-6028	269	16	.	.	PUNCT
cana-6028	270	1	excluding	exclude	VERB
cana-6028	270	2	this	this	PRON
cana-6028	270	3	allows	allow	VERB
cana-6028	270	4	firms	firm	NOUN
cana-6028	270	5	with	with	ADP
cana-6028	270	6	weak	weak	ADJ
cana-6028	270	7	cash	cash	NOUN
cana-6028	270	8	-	-	PUNCT
cana-6028	270	9	backed	back	VERB
cana-6028	270	10	profits	profit	NOUN
cana-6028	270	11	risking	risk	VERB
cana-6028	270	12	manipulation	manipulation	NOUN
cana-6028	270	13	or	or	CCONJ
cana-6028	270	14	unsustainable	unsustainable	ADJ
cana-6028	270	15	performance	performance	NOUN
cana-6028	270	16	.	.	PUNCT
cana-6028	271	1	5.6.5	5.6.5	X
cana-6028	271	2	.	.	PUNCT
cana-6028	271	3	∆leverage	∆leverage	NOUN
cana-6028	271	4	:	:	PUNCT
cana-6028	271	5	return	return	NOUN
cana-6028	271	6	reached	reach	VERB
cana-6028	271	7	1629.62	1629.62	NUM
cana-6028	271	8	%	%	NOUN
cana-6028	271	9	.	.	PUNCT
cana-6028	272	1	a	a	DET
cana-6028	272	2	slight	slight	ADJ
cana-6028	272	3	dip	dip	NOUN
cana-6028	272	4	shows	show	NOUN
cana-6028	272	5	reducing	reduce	VERB
cana-6028	272	6	debt	debt	NOUN
cana-6028	272	7	remains	remain	VERB
cana-6028	272	8	a	a	DET
cana-6028	272	9	positive	positive	ADJ
cana-6028	272	10	signal	signal	NOUN
cana-6028	272	11	especially	especially	ADV
cana-6028	272	12	for	for	ADP
cana-6028	272	13	capital	capital	NOUN
cana-6028	272	14	-	-	PUNCT
cana-6028	272	15	heavy	heavy	ADJ
cana-6028	272	16	sectors	sector	NOUN
cana-6028	272	17	.	.	PUNCT
cana-6028	273	1	5.6.6	5.6.6	NUM
cana-6028	273	2	.	.	NOUN
cana-6028	273	3	∆liquidity	∆liquidity	NOUN
cana-6028	273	4	(	(	PUNCT
cana-6028	273	5	change	change	NOUN
cana-6028	273	6	in	in	ADP
cana-6028	273	7	current	current	ADJ
cana-6028	273	8	ratio	ratio	NOUN
cana-6028	273	9	):	):	PUNCT
cana-6028	273	10	return	return	NOUN
cana-6028	273	11	was	be	AUX
cana-6028	273	12	1459.19	1459.19	NUM
cana-6028	273	13	%	%	NOUN
cana-6028	273	14	.	.	PUNCT
cana-6028	274	1	without	without	ADP
cana-6028	274	2	this	this	PRON
cana-6028	274	3	,	,	PUNCT
cana-6028	274	4	firms	firm	NOUN
cana-6028	274	5	struggling	struggle	VERB
cana-6028	274	6	with	with	ADP
cana-6028	274	7	short	short	ADJ
cana-6028	274	8	-	-	PUNCT
cana-6028	274	9	term	term	NOUN
cana-6028	274	10	liquidity	liquidity	NOUN
cana-6028	274	11	could	could	AUX
cana-6028	274	12	enter	enter	VERB
cana-6028	274	13	the	the	DET
cana-6028	274	14	portfolio	portfolio	NOUN
cana-6028	274	15	raising	raise	VERB
cana-6028	274	16	risk	risk	NOUN
cana-6028	274	17	in	in	ADP
cana-6028	274	18	uncertain	uncertain	ADJ
cana-6028	274	19	times	time	NOUN
cana-6028	274	20	.	.	PUNCT
cana-6028	275	1	10	10	NUM
cana-6028	275	2	5.6.7	5.6.7	NUM
cana-6028	275	3	.	.	PUNCT
cana-6028	276	1	∆gross	∆gross	ADJ
cana-6028	276	2	margin	margin	NOUN
cana-6028	276	3	:	:	PUNCT
cana-6028	276	4	return	return	NOUN
cana-6028	276	5	slightly	slightly	ADV
cana-6028	276	6	improved	improve	VERB
cana-6028	276	7	to	to	ADP
cana-6028	276	8	1744.95	1744.95	NUM
cana-6028	276	9	%	%	NOUN
cana-6028	276	10	.	.	PUNCT
cana-6028	277	1	indicates	indicate	VERB
cana-6028	277	2	gross	gross	ADJ
cana-6028	277	3	margin	margin	NOUN
cana-6028	277	4	growth	growth	NOUN
cana-6028	277	5	is	be	AUX
cana-6028	277	6	not	not	PART
cana-6028	277	7	always	always	ADV
cana-6028	277	8	tied	tie	VERB
cana-6028	277	9	to	to	ADP
cana-6028	277	10	better	well	ADJ
cana-6028	277	11	returns	return	NOUN
cana-6028	277	12	possibly	possibly	ADV
cana-6028	277	13	due	due	ADJ
cana-6028	277	14	to	to	ADP
cana-6028	277	15	pricing	pricing	NOUN
cana-6028	277	16	or	or	CCONJ
cana-6028	277	17	expansion	expansion	NOUN
cana-6028	277	18	strategies	strategy	NOUN
cana-6028	277	19	.	.	PUNCT
cana-6028	278	1	5.6.8	5.6.8	X
cana-6028	278	2	.	.	PUNCT
cana-6028	278	3	∆asset	∆asset	VERB
cana-6028	278	4	turnover	turnover	NOUN
cana-6028	278	5	:	:	PUNCT
cana-6028	278	6	return	return	NOUN
cana-6028	278	7	peaked	peak	VERB
cana-6028	278	8	at	at	ADP
cana-6028	278	9	1801.24	1801.24	NUM
cana-6028	278	10	%	%	NOUN
cana-6028	278	11	.	.	PUNCT
cana-6028	279	1	shows	show	VERB
cana-6028	279	2	that	that	SCONJ
cana-6028	279	3	asset	asset	NOUN
cana-6028	279	4	turnover	turnover	NOUN
cana-6028	279	5	may	may	AUX
cana-6028	279	6	not	not	PART
cana-6028	279	7	heavily	heavily	ADV
cana-6028	279	8	influence	influence	VERB
cana-6028	279	9	performance	performance	NOUN
cana-6028	279	10	for	for	ADP
cana-6028	279	11	large	large	ADJ
cana-6028	279	12	indian	indian	ADJ
cana-6028	279	13	firms	firm	NOUN
cana-6028	279	14	where	where	SCONJ
cana-6028	279	15	returns	return	NOUN
cana-6028	279	16	stay	stay	VERB
cana-6028	279	17	strong	strong	ADJ
cana-6028	279	18	despite	despite	SCONJ
cana-6028	279	19	fluctuations	fluctuation	NOUN
cana-6028	279	20	.	.	PUNCT
cana-6028	280	1	5.6.9	5.6.9	X
cana-6028	280	2	.	.	PUNCT
cana-6028	280	3	equity	equity	NOUN
cana-6028	280	4	issuance	issuance	NOUN
cana-6028	280	5	:	:	PUNCT
cana-6028	280	6	return	return	NOUN
cana-6028	280	7	stayed	stay	VERB
cana-6028	280	8	near	near	ADP
cana-6028	280	9	baseline	baseline	NOUN
cana-6028	280	10	at	at	ADP
cana-6028	280	11	1695.92	1695.92	NUM
cana-6028	280	12	%	%	NOUN
cana-6028	280	13	.	.	PUNCT
cana-6028	281	1	suggests	suggest	VERB
cana-6028	281	2	equity	equity	NOUN
cana-6028	281	3	dilution	dilution	NOUN
cana-6028	281	4	is	be	AUX
cana-6028	281	5	not	not	PART
cana-6028	281	6	a	a	DET
cana-6028	281	7	major	major	ADJ
cana-6028	281	8	issue	issue	NOUN
cana-6028	281	9	for	for	ADP
cana-6028	281	10	nifty	nifty	ADJ
cana-6028	281	11	100	100	NUM
cana-6028	281	12	firms	firm	NOUN
cana-6028	281	13	as	as	SCONJ
cana-6028	281	14	raised	raise	VERB
cana-6028	281	15	funds	fund	NOUN
cana-6028	281	16	often	often	ADV
cana-6028	281	17	support	support	VERB
cana-6028	281	18	growth	growth	NOUN
cana-6028	281	19	.	.	PUNCT
cana-6028	282	1	6	6	X
cana-6028	282	2	.	.	X
cana-6028	282	3	conclusion	conclusion	NOUN
cana-6028	282	4	this	this	DET
cana-6028	282	5	study	study	NOUN
cana-6028	282	6	reaffirms	reaffirm	VERB
cana-6028	282	7	the	the	DET
cana-6028	282	8	piotroski	piotroski	ADJ
cana-6028	282	9	score	score	NOUN
cana-6028	282	10	as	as	ADP
cana-6028	282	11	a	a	DET
cana-6028	282	12	powerful	powerful	ADJ
cana-6028	282	13	and	and	CCONJ
cana-6028	282	14	reliable	reliable	ADJ
cana-6028	282	15	tool	tool	NOUN
cana-6028	282	16	for	for	ADP
cana-6028	282	17	equity	equity	NOUN
cana-6028	282	18	investment	investment	NOUN
cana-6028	282	19	in	in	ADP
cana-6028	282	20	the	the	DET
cana-6028	282	21	indian	indian	ADJ
cana-6028	282	22	market	market	NOUN
cana-6028	282	23	,	,	PUNCT
cana-6028	282	24	especially	especially	ADV
cana-6028	282	25	when	when	SCONJ
cana-6028	282	26	applied	apply	VERB
cana-6028	282	27	to	to	ADP
cana-6028	282	28	the	the	DET
cana-6028	282	29	nifty	nifty	ADJ
cana-6028	282	30	100	100	NUM
cana-6028	282	31	index	index	NOUN
cana-6028	282	32	.	.	PUNCT
cana-6028	283	1	by	by	ADP
cana-6028	283	2	focusing	focus	VERB
cana-6028	283	3	on	on	ADP
cana-6028	283	4	companies	company	NOUN
cana-6028	283	5	with	with	ADP
cana-6028	283	6	strong	strong	ADJ
cana-6028	283	7	financial	financial	ADJ
cana-6028	283	8	fundamentals	fundamental	NOUN
cana-6028	283	9	,	,	PUNCT
cana-6028	283	10	the	the	DET
cana-6028	283	11	strategy	strategy	NOUN
cana-6028	283	12	turned	turn	VERB
cana-6028	283	13	an	an	DET
cana-6028	283	14	initial	initial	ADJ
cana-6028	283	15	investment	investment	NOUN
cana-6028	283	16	of	of	ADP
cana-6028	283	17	10,00,000	10,00,000	NUM
cana-6028	283	18	into	into	ADP
cana-6028	283	19	approximately	approximately	ADV
cana-6028	283	20	1.8	1.8	NUM
cana-6028	283	21	crore	crore	NOUN
cana-6028	283	22	over	over	ADP
cana-6028	283	23	a	a	DET
cana-6028	283	24	17	17	NUM
cana-6028	283	25	year	year	NOUN
cana-6028	283	26	period	period	NOUN
cana-6028	283	27	clearly	clearly	ADV
cana-6028	283	28	outperforming	outperform	VERB
cana-6028	283	29	the	the	DET
cana-6028	283	30	nifty	nifty	ADJ
cana-6028	283	31	100	100	NUM
cana-6028	283	32	benchmark	benchmark	NOUN
cana-6028	283	33	.	.	PUNCT
cana-6028	284	1	a	a	DET
cana-6028	284	2	unique	unique	ADJ
cana-6028	284	3	feature	feature	NOUN
cana-6028	284	4	of	of	ADP
cana-6028	284	5	this	this	DET
cana-6028	284	6	research	research	NOUN
cana-6028	284	7	is	be	AUX
cana-6028	284	8	the	the	DET
cana-6028	284	9	component	component	NOUN
cana-6028	284	10	wise	wise	ADJ
cana-6028	284	11	sensitivity	sensitivity	NOUN
cana-6028	284	12	analysis	analysis	NOUN
cana-6028	284	13	,	,	PUNCT
cana-6028	284	14	which	which	PRON
cana-6028	284	15	revealed	reveal	VERB
cana-6028	284	16	the	the	DET
cana-6028	284	17	varying	vary	VERB
cana-6028	284	18	importance	importance	NOUN
cana-6028	284	19	of	of	ADP
cana-6028	284	20	each	each	DET
cana-6028	284	21	piotroski	piotroski	ADJ
cana-6028	284	22	factor	factor	NOUN
cana-6028	284	23	.	.	PUNCT
cana-6028	285	1	indicators	indicator	NOUN
cana-6028	285	2	such	such	ADJ
cana-6028	285	3	as	as	ADP
cana-6028	285	4	accruals	accrual	NOUN
cana-6028	285	5	and	and	CCONJ
cana-6028	285	6	roa	roa	PROPN
cana-6028	285	7	proved	prove	VERB
cana-6028	285	8	essential	essential	ADJ
cana-6028	285	9	for	for	ADP
cana-6028	285	10	maintaining	maintain	VERB
cana-6028	285	11	portfolio	portfolio	NOUN
cana-6028	285	12	quality	quality	NOUN
cana-6028	285	13	while	while	SCONJ
cana-6028	285	14	factors	factor	NOUN
cana-6028	285	15	like	like	ADP
cana-6028	285	16	equity	equity	NOUN
cana-6028	285	17	issuance	issuance	NOUN
cana-6028	285	18	and	and	CCONJ
cana-6028	285	19	∆asset	∆asset	VERB
cana-6028	285	20	turnover	turnover	NOUN
cana-6028	285	21	had	have	VERB
cana-6028	285	22	lesser	less	ADJ
cana-6028	285	23	or	or	CCONJ
cana-6028	285	24	even	even	ADV
cana-6028	285	25	slightly	slightly	ADV
cana-6028	285	26	positive	positive	ADJ
cana-6028	285	27	effects	effect	NOUN
cana-6028	285	28	when	when	SCONJ
cana-6028	285	29	omitted	omit	VERB
cana-6028	285	30	.	.	PUNCT
cana-6028	286	1	these	these	DET
cana-6028	286	2	findings	finding	NOUN
cana-6028	286	3	offer	offer	VERB
cana-6028	286	4	meaningful	meaningful	ADJ
cana-6028	286	5	guidance	guidance	NOUN
cana-6028	286	6	for	for	ADP
cana-6028	286	7	refining	refine	VERB
cana-6028	286	8	the	the	DET
cana-6028	286	9	piotroski	piotroski	ADJ
cana-6028	286	10	model	model	NOUN
cana-6028	286	11	for	for	ADP
cana-6028	286	12	indian	indian	ADJ
cana-6028	286	13	equities	equity	NOUN
cana-6028	286	14	.	.	PUNCT
cana-6028	287	1	the	the	DET
cana-6028	287	2	study	study	NOUN
cana-6028	287	3	also	also	ADV
cana-6028	287	4	highlights	highlight	VERB
cana-6028	287	5	the	the	DET
cana-6028	287	6	value	value	NOUN
cana-6028	287	7	of	of	ADP
cana-6028	287	8	quarterly	quarterly	ADJ
cana-6028	287	9	rebalancing	rebalancing	NOUN
cana-6028	287	10	allowing	allow	VERB
cana-6028	287	11	the	the	DET
cana-6028	287	12	portfolio	portfolio	NOUN
cana-6028	287	13	to	to	PART
cana-6028	287	14	remain	remain	VERB
cana-6028	287	15	adaptive	adaptive	ADJ
cana-6028	287	16	to	to	ADP
cana-6028	287	17	market	market	NOUN
cana-6028	287	18	shifts	shift	NOUN
cana-6028	287	19	while	while	SCONJ
cana-6028	287	20	grounded	ground	VERB
cana-6028	287	21	in	in	ADP
cana-6028	287	22	fundamental	fundamental	ADJ
cana-6028	287	23	analysis	analysis	NOUN
cana-6028	287	24	.	.	PUNCT
cana-6028	288	1	this	this	DET
cana-6028	288	2	dynamic	dynamic	ADJ
cana-6028	288	3	yet	yet	ADV
cana-6028	288	4	disciplined	discipline	VERB
cana-6028	288	5	approach	approach	NOUN
cana-6028	288	6	provided	provide	VERB
cana-6028	288	7	resilience	resilience	NOUN
cana-6028	288	8	during	during	ADP
cana-6028	288	9	volatile	volatile	ADJ
cana-6028	288	10	periods	period	NOUN
cana-6028	288	11	and	and	CCONJ
cana-6028	288	12	helped	help	VERB
cana-6028	288	13	achieve	achieve	VERB
cana-6028	288	14	steady	steady	ADJ
cana-6028	288	15	long	long	ADJ
cana-6028	288	16	-	-	PUNCT
cana-6028	288	17	term	term	NOUN
cana-6028	288	18	growth	growth	NOUN
cana-6028	288	19	.	.	PUNCT
cana-6028	289	1	in	in	ADP
cana-6028	289	2	an	an	DET
cana-6028	289	3	evolving	evolve	VERB
cana-6028	289	4	economic	economic	ADJ
cana-6028	289	5	environment	environment	NOUN
cana-6028	289	6	marked	mark	VERB
cana-6028	289	7	by	by	ADP
cana-6028	289	8	regulatory	regulatory	ADJ
cana-6028	289	9	changes	change	NOUN
cana-6028	289	10	and	and	CCONJ
cana-6028	289	11	market	market	NOUN
cana-6028	289	12	uncertainties	uncertainty	NOUN
cana-6028	289	13	having	have	VERB
cana-6028	289	14	a	a	DET
cana-6028	289	15	structured	structure	VERB
cana-6028	289	16	,	,	PUNCT
cana-6028	289	17	data	data	NOUN
cana-6028	289	18	-	-	PUNCT
cana-6028	289	19	driven	drive	VERB
cana-6028	289	20	investment	investment	NOUN
cana-6028	289	21	strategy	strategy	NOUN
cana-6028	289	22	becomes	become	VERB
cana-6028	289	23	even	even	ADV
cana-6028	289	24	more	more	ADV
cana-6028	289	25	critical	critical	ADJ
cana-6028	289	26	.	.	PUNCT
cana-6028	290	1	the	the	DET
cana-6028	290	2	piotroski	piotroski	ADJ
cana-6028	290	3	score	score	NOUN
cana-6028	290	4	,	,	PUNCT
cana-6028	290	5	with	with	ADP
cana-6028	290	6	its	its	PRON
cana-6028	290	7	balanced	balanced	ADJ
cana-6028	290	8	focus	focus	NOUN
cana-6028	290	9	on	on	ADP
cana-6028	290	10	profitability	profitability	NOUN
cana-6028	290	11	,	,	PUNCT
cana-6028	290	12	leverage	leverage	NOUN
cana-6028	290	13	,	,	PUNCT
cana-6028	290	14	liquidity	liquidity	NOUN
cana-6028	290	15	and	and	CCONJ
cana-6028	290	16	efficiency	efficiency	NOUN
cana-6028	290	17	stands	stand	VERB
cana-6028	290	18	out	out	ADP
cana-6028	290	19	as	as	ADP
cana-6028	290	20	a	a	DET
cana-6028	290	21	practical	practical	ADJ
cana-6028	290	22	framework	framework	NOUN
cana-6028	290	23	for	for	ADP
cana-6028	290	24	both	both	CCONJ
cana-6028	290	25	individual	individual	ADJ
cana-6028	290	26	and	and	CCONJ
cana-6028	290	27	institutional	institutional	ADJ
cana-6028	290	28	investors	investor	NOUN
cana-6028	290	29	aiming	aim	VERB
cana-6028	290	30	to	to	PART
cana-6028	290	31	enhance	enhance	VERB
cana-6028	290	32	returns	return	NOUN
cana-6028	290	33	beyond	beyond	ADP
cana-6028	290	34	passive	passive	ADJ
cana-6028	290	35	index	index	NOUN
cana-6028	290	36	strategies	strategy	NOUN
cana-6028	290	37	.	.	PUNCT
cana-6028	291	1	https://internationalpubls.com/	https://internationalpubls.com/	ADJ
cana-6028	291	2	communications	communication	NOUN
cana-6028	291	3	on	on	ADP
cana-6028	291	4	applied	apply	VERB
cana-6028	291	5	nonlinear	nonlinear	ADJ
cana-6028	291	6	analysis	analysis	NOUN
cana-6028	291	7	issn	issn	NOUN
cana-6028	291	8	:	:	PUNCT
cana-6028	291	9	1074	1074	NUM
cana-6028	291	10	-	-	PUNCT
cana-6028	291	11	133x	133x	NUM
cana-6028	291	12	vol	vol	NOUN
cana-6028	291	13	32	32	NUM
cana-6028	291	14	no	no	NOUN
cana-6028	291	15	.	.	PUNCT
cana-6028	292	1	9s	9s	NUM
cana-6028	292	2	(	(	PUNCT
cana-6028	292	3	2025	2025	NUM
cana-6028	292	4	)	)	PUNCT
cana-6028	293	1	https://internationalpubls.com	https://internationalpubls.com	X
cana-6028	293	2	3241	3241	NUM
cana-6028	293	3	data	datum	NOUN
cana-6028	293	4	accessibility	accessibility	NOUN
cana-6028	293	5	statement	statement	NOUN
cana-6028	293	6	:	:	PUNCT
cana-6028	293	7	the	the	DET
cana-6028	293	8	dataset	dataset	NOUN
cana-6028	293	9	used	use	VERB
cana-6028	293	10	in	in	ADP
cana-6028	293	11	this	this	DET
cana-6028	293	12	study	study	NOUN
cana-6028	293	13	comprises	comprise	VERB
cana-6028	293	14	historical	historical	ADJ
cana-6028	293	15	financial	financial	ADJ
cana-6028	293	16	statement	statement	NOUN
cana-6028	293	17	data	datum	NOUN
cana-6028	293	18	for	for	ADP
cana-6028	293	19	nifty	nifty	ADJ
cana-6028	293	20	100	100	NUM
cana-6028	293	21	firms	firm	NOUN
cana-6028	293	22	from	from	ADP
cana-6028	293	23	2004–2024	2004–2024	NUM
cana-6028	293	24	,	,	PUNCT
cana-6028	293	25	which	which	PRON
cana-6028	293	26	were	be	AUX
cana-6028	293	27	employed	employ	VERB
cana-6028	293	28	to	to	PART
cana-6028	293	29	construct	construct	VERB
cana-6028	293	30	piotroski	piotroski	ADJ
cana-6028	293	31	f	f	NOUN
cana-6028	293	32	-	-	PUNCT
cana-6028	293	33	scores	score	NOUN
cana-6028	293	34	,	,	PUNCT
cana-6028	293	35	along	along	ADP
cana-6028	293	36	with	with	ADP
cana-6028	293	37	historical	historical	ADJ
cana-6028	293	38	share	share	NOUN
cana-6028	293	39	price	price	NOUN
cana-6028	293	40	data	datum	NOUN
cana-6028	293	41	obtained	obtain	VERB
cana-6028	293	42	via	via	ADP
cana-6028	293	43	the	the	DET
cana-6028	293	44	yahoo	yahoo	PROPN
cana-6028	293	45	finance	finance	PROPN
cana-6028	293	46	api	api	PROPN
cana-6028	293	47	.	.	PUNCT
cana-6028	294	1	data	datum	NOUN
cana-6028	294	2	for	for	ADP
cana-6028	294	3	firms	firm	NOUN
cana-6028	294	4	that	that	PRON
cana-6028	294	5	were	be	AUX
cana-6028	294	6	delisted	delist	VERB
cana-6028	294	7	,	,	PUNCT
cana-6028	294	8	acquired	acquire	VERB
cana-6028	294	9	,	,	PUNCT
cana-6028	294	10	or	or	CCONJ
cana-6028	294	11	merged	merge	VERB
cana-6028	294	12	during	during	ADP
cana-6028	294	13	the	the	DET
cana-6028	294	14	sample	sample	NOUN
cana-6028	294	15	period	period	NOUN
cana-6028	294	16	were	be	AUX
cana-6028	294	17	also	also	ADV
cana-6028	294	18	incorporated	incorporate	VERB
cana-6028	294	19	to	to	PART
cana-6028	294	20	ensure	ensure	VERB
cana-6028	294	21	completeness	completeness	NOUN
cana-6028	294	22	and	and	CCONJ
cana-6028	294	23	replicability	replicability	NOUN
cana-6028	294	24	.	.	PUNCT
cana-6028	295	1	references	reference	NOUN
cana-6028	295	2	[	[	X
cana-6028	295	3	1	1	NUM
cana-6028	295	4	]	]	X
cana-6028	295	5	joseph	joseph	PROPN
cana-6028	295	6	d.	d.	PROPN
cana-6028	295	7	piotroski	piotroski	PROPN
cana-6028	295	8	:	:	PUNCT
cana-6028	295	9	value	value	NOUN
cana-6028	295	10	investing	investing	NOUN
cana-6028	295	11	:	:	PUNCT
cana-6028	295	12	the	the	DET
cana-6028	295	13	use	use	NOUN
cana-6028	295	14	of	of	ADP
cana-6028	295	15	historical	historical	ADJ
cana-6028	295	16	financial	financial	ADJ
cana-6028	295	17	statement	statement	NOUN
cana-6028	295	18	information	information	NOUN
cana-6028	295	19	to	to	ADP
cana-6028	295	20	separate	separate	VERB
cana-6028	295	21	winners	winner	NOUN
cana-6028	295	22	from	from	ADP
cana-6028	295	23	losers	loser	NOUN
cana-6028	295	24	(	(	PUNCT
cana-6028	295	25	2000	2000	NUM
cana-6028	295	26	)	)	PUNCT
cana-6028	295	27	.	.	PUNCT
cana-6028	296	1	[	[	X
cana-6028	296	2	2	2	X
cana-6028	296	3	]	]	PUNCT
cana-6028	296	4	edward	edward	PROPN
cana-6028	296	5	i.	i.	PROPN
cana-6028	296	6	altman	altman	PROPN
cana-6028	296	7	:	:	PUNCT
cana-6028	296	8	financial	financial	ADJ
cana-6028	296	9	ratios	ratio	NOUN
cana-6028	296	10	,	,	PUNCT
cana-6028	296	11	discriminant	discriminant	ADJ
cana-6028	296	12	analysis	analysis	NOUN
cana-6028	296	13	and	and	CCONJ
cana-6028	296	14	the	the	DET
cana-6028	296	15	prediction	prediction	NOUN
cana-6028	296	16	of	of	ADP
cana-6028	296	17	corporate	corporate	ADJ
cana-6028	296	18	bankruptcy	bankruptcy	NOUN
cana-6028	296	19	(	(	PUNCT
cana-6028	296	20	1968	1968	NUM
cana-6028	296	21	)	)	PUNCT
cana-6028	296	22	.	.	PUNCT
cana-6028	297	1	[	[	X
cana-6028	297	2	3	3	X
cana-6028	297	3	]	]	X
cana-6028	297	4	sanesh	sanesh	NOUN
cana-6028	297	5	c	c	NOUN
cana-6028	297	6	:	:	PUNCT
cana-6028	297	7	the	the	DET
cana-6028	297	8	analytical	analytical	ADJ
cana-6028	297	9	study	study	NOUN
cana-6028	297	10	of	of	ADP
cana-6028	297	11	altman	altman	PROPN
cana-6028	297	12	z	z	PROPN
cana-6028	297	13	-	-	PUNCT
cana-6028	297	14	score	score	NOUN
cana-6028	297	15	on	on	ADP
cana-6028	297	16	nifty	nifty	ADJ
cana-6028	297	17	50	50	NUM
cana-6028	297	18	companies	company	NOUN
cana-6028	297	19	(	(	PUNCT
cana-6028	297	20	2016	2016	NUM
cana-6028	297	21	)	)	PUNCT
cana-6028	297	22	.	.	PUNCT
cana-6028	298	1	[	[	X
cana-6028	298	2	4	4	X
cana-6028	298	3	]	]	X
cana-6028	298	4	vineet	vineet	PROPN
cana-6028	298	5	chouhan	chouhan	PROPN
cana-6028	298	6	,	,	PUNCT
cana-6028	298	7	bibhas	bibhas	PROPN
cana-6028	298	8	chandra	chandra	PROPN
cana-6028	298	9	,	,	PUNCT
cana-6028	298	10	shubham	shubham	PROPN
cana-6028	298	11	goswami	goswami	PROPN
cana-6028	298	12	:	:	PUNCT
cana-6028	298	13	predicting	predict	VERB
cana-6028	298	14	financial	financial	ADJ
cana-6028	298	15	stability	stability	NOUN
cana-6028	298	16	of	of	ADP
cana-6028	298	17	select	select	ADJ
cana-6028	298	18	bse	bse	NOUN
cana-6028	298	19	companies	company	NOUN
cana-6028	298	20	revisiting	revisit	VERB
cana-6028	298	21	altman	altman	PROPN
cana-6028	298	22	z	z	PROPN
cana-6028	298	23	-	-	PUNCT
cana-6028	298	24	score	score	NOUN
cana-6028	298	25	(	(	PUNCT
cana-6028	298	26	2014	2014	NUM
cana-6028	298	27	)	)	PUNCT
cana-6028	298	28	.	.	PUNCT
cana-6028	299	1	[	[	X
cana-6028	299	2	5	5	X
cana-6028	299	3	]	]	X
cana-6028	299	4	benjamin	benjamin	PROPN
cana-6028	299	5	graham	graham	PROPN
cana-6028	299	6	:	:	PUNCT
cana-6028	299	7	the	the	DET
cana-6028	299	8	intelligent	intelligent	ADJ
cana-6028	299	9	investor	investor	NOUN
cana-6028	299	10	(	(	PUNCT
cana-6028	299	11	1949	1949	NUM
cana-6028	299	12	)	)	PUNCT
cana-6028	299	13	.	.	PUNCT
cana-6028	300	1	[	[	X
cana-6028	300	2	6	6	NUM
cana-6028	300	3	]	]	X
cana-6028	300	4	jason	jason	PROPN
cana-6028	300	5	lin	lin	PROPN
cana-6028	300	6	&	&	CCONJ
cana-6028	300	7	jane	jane	PROPN
cana-6028	300	8	sung	sung	PROPN
cana-6028	300	9	:	:	PUNCT
cana-6028	300	10	assessing	assess	VERB
cana-6028	300	11	the	the	DET
cana-6028	300	12	graham	graham	PROPN
cana-6028	300	13	’s	’s	PART
cana-6028	300	14	formula	formula	NOUN
cana-6028	300	15	for	for	ADP
cana-6028	300	16	stock	stock	NOUN
cana-6028	300	17	selection	selection	NOUN
cana-6028	300	18	:	:	PUNCT
cana-6028	300	19	too	too	ADV
cana-6028	300	20	good	good	ADJ
cana-6028	300	21	to	to	PART
cana-6028	300	22	be	be	AUX
cana-6028	300	23	true	true	ADJ
cana-6028	300	24	?	?	PUNCT
cana-6028	301	1	(	(	PUNCT
cana-6028	301	2	2014	2014	NUM
cana-6028	301	3	)	)	PUNCT
cana-6028	301	4	.	.	PUNCT
cana-6028	302	1	[	[	X
cana-6028	302	2	7	7	NUM
cana-6028	302	3	]	]	X
cana-6028	302	4	utkarsh	utkarsh	ADJ
cana-6028	302	5	choudhary	choudhary	PROPN
cana-6028	302	6	:	:	PUNCT
cana-6028	302	7	finding	find	VERB
cana-6028	302	8	intrinsic	intrinsic	ADJ
cana-6028	302	9	value	value	NOUN
cana-6028	302	10	of	of	ADP
cana-6028	302	11	some	some	DET
cana-6028	302	12	stocks	stock	NOUN
cana-6028	302	13	listed	list	VERB
cana-6028	302	14	on	on	ADP
cana-6028	302	15	the	the	DET
cana-6028	302	16	national	national	PROPN
cana-6028	302	17	stock	stock	PROPN
cana-6028	302	18	exchange	exchange	PROPN
cana-6028	302	19	,	,	PUNCT
cana-6028	302	20	employing	employ	VERB
cana-6028	302	21	principles	principle	NOUN
cana-6028	302	22	of	of	ADP
cana-6028	302	23	value	value	NOUN
cana-6028	302	24	investing	investing	NOUN
cana-6028	302	25	(	(	PUNCT
cana-6028	302	26	2016	2016	NUM
cana-6028	302	27	)	)	PUNCT
cana-6028	302	28	.	.	PUNCT
cana-6028	303	1	[	[	X
cana-6028	303	2	8	8	NUM
cana-6028	303	3	]	]	X
cana-6028	303	4	messod	messod	PROPN
cana-6028	303	5	d.	d.	PROPN
cana-6028	303	6	beneish	beneish	PROPN
cana-6028	303	7	:	:	PUNCT
cana-6028	303	8	detecting	detect	VERB
cana-6028	303	9	gaap	gaap	PROPN
cana-6028	303	10	violation	violation	NOUN
cana-6028	303	11	:	:	PUNCT
cana-6028	303	12	implications	implication	NOUN
cana-6028	303	13	for	for	ADP
cana-6028	303	14	assessing	assess	VERB
cana-6028	303	15	earnings	earning	NOUN
cana-6028	303	16	management	management	NOUN
cana-6028	303	17	among	among	ADP
cana-6028	303	18	firms	firm	NOUN
cana-6028	303	19	with	with	ADP
cana-6028	303	20	extreme	extreme	ADJ
cana-6028	303	21	financial	financial	ADJ
cana-6028	303	22	performance	performance	NOUN
cana-6028	303	23	(	(	PUNCT
cana-6028	303	24	1997	1997	NUM
cana-6028	303	25	)	)	PUNCT
cana-6028	303	26	.	.	PUNCT
cana-6028	304	1	[	[	X
cana-6028	304	2	9	9	NUM
cana-6028	304	3	]	]	X
cana-6028	304	4	arshe	arshe	PROPN
cana-6028	304	5	azam	azam	PROPN
cana-6028	304	6	,	,	PUNCT
cana-6028	304	7	afreen	afreen	PROPN
cana-6028	304	8	begum	begum	PROPN
cana-6028	304	9	:	:	PUNCT
cana-6028	304	10	detecting	detect	VERB
cana-6028	304	11	financial	financial	ADJ
cana-6028	304	12	statement	statement	NOUN
cana-6028	304	13	manipulation	manipulation	NOUN
cana-6028	304	14	in	in	ADP
cana-6028	304	15	selected	select	VERB
cana-6028	304	16	indian	indian	ADJ
cana-6028	304	17	telecom	telecom	NOUN
cana-6028	304	18	companies	company	NOUN
cana-6028	304	19	using	use	VERB
cana-6028	304	20	beneish	beneish	PROPN
cana-6028	304	21	m	m	PROPN
cana-6028	304	22	-	-	PUNCT
cana-6028	304	23	score	score	NOUN
cana-6028	304	24	model	model	NOUN
cana-6028	304	25	(	(	PUNCT
cana-6028	304	26	2023	2023	NUM
cana-6028	304	27	)	)	PUNCT
cana-6028	304	28	.	.	PUNCT
cana-6028	305	1	[	[	X
cana-6028	305	2	10	10	NUM
cana-6028	305	3	]	]	X
cana-6028	305	4	katarina	katarina	PROPN
cana-6028	305	5	valaskova	valaskova	PROPN
cana-6028	305	6	,	,	PUNCT
cana-6028	305	7	richard	richard	PROPN
cana-6028	305	8	fedorko	fedorko	PROPN
cana-6028	305	9	:	:	PUNCT
cana-6028	305	10	beneish	beneish	PROPN
cana-6028	305	11	m	m	PROPN
cana-6028	305	12	-	-	NOUN
cana-6028	305	13	score	score	NOUN
cana-6028	305	14	:	:	PUNCT
cana-6028	305	15	a	a	DET
cana-6028	305	16	measure	measure	NOUN
cana-6028	305	17	of	of	ADP
cana-6028	305	18	fraudulent	fraudulent	ADJ
cana-6028	305	19	financial	financial	ADJ
cana-6028	305	20	transactions	transaction	NOUN
cana-6028	305	21	in	in	ADP
cana-6028	305	22	global	global	ADJ
cana-6028	305	23	environment	environment	NOUN
cana-6028	305	24	?	?	PUNCT
cana-6028	306	1	(	(	PUNCT
cana-6028	306	2	2021	2021	NUM
cana-6028	306	3	)	)	PUNCT
cana-6028	306	4	.	.	PUNCT
cana-6028	307	1	[	[	X
cana-6028	307	2	11	11	NUM
cana-6028	307	3	]	]	PUNCT
cana-6028	307	4	trilochan	trilochan	PROPN
cana-6028	307	5	tripathy	tripathy	PROPN
cana-6028	307	6	&	&	CCONJ
cana-6028	307	7	bijon	bijon	PROPN
cana-6028	307	8	pani	pani	NOUN
cana-6028	307	9	:	:	PUNCT
cana-6028	307	10	effect	effect	NOUN
cana-6028	307	11	of	of	ADP
cana-6028	307	12	f	f	PROPN
cana-6028	307	13	score	score	NOUN
cana-6028	307	14	on	on	ADP
cana-6028	307	15	stock	stock	NOUN
cana-6028	307	16	performance	performance	NOUN
cana-6028	307	17	:	:	PUNCT
cana-6028	307	18	evidence	evidence	NOUN
cana-6028	307	19	from	from	ADP
cana-6028	307	20	indian	indian	ADJ
cana-6028	307	21	equity	equity	NOUN
cana-6028	307	22	market	market	NOUN
cana-6028	307	23	(	(	PUNCT
cana-6028	307	24	2017	2017	NUM
cana-6028	307	25	)	)	PUNCT
cana-6028	307	26	.	.	PUNCT
cana-6028	308	1	[	[	X
cana-6028	308	2	12	12	NUM
cana-6028	308	3	]	]	PUNCT
cana-6028	308	4	divij	divij	PROPN
cana-6028	308	5	sharma	sharma	PROPN
cana-6028	308	6	,	,	PUNCT
cana-6028	308	7	sabhya	sabhya	PROPN
cana-6028	308	8	kapur	kapur	PROPN
cana-6028	308	9	,	,	PUNCT
cana-6028	308	10	saiyam	saiyam	PROPN
cana-6028	308	11	bhatnagar	bhatnagar	PROPN
cana-6028	308	12	,	,	PUNCT
cana-6028	308	13	tejasvi	tejasvi	VERB
cana-6028	308	14	singh	singh	PROPN
cana-6028	308	15	:	:	PUNCT
cana-6028	308	16	modified	modify	VERB
cana-6028	308	17	piotroski	piotroski	ADJ
cana-6028	308	18	score	score	NOUN
cana-6028	308	19	for	for	ADP
cana-6028	308	20	higher	high	ADJ
cana-6028	308	21	returns	return	NOUN
cana-6028	308	22	(	(	PUNCT
cana-6028	308	23	2021	2021	NUM
cana-6028	308	24	)	)	PUNCT
cana-6028	308	25	.	.	PUNCT
cana-6028	309	1	[	[	X
cana-6028	309	2	13	13	NUM
cana-6028	309	3	]	]	PUNCT
cana-6028	309	4	historical	historical	ADJ
cana-6028	309	5	data	datum	NOUN
cana-6028	309	6	of	of	ADP
cana-6028	309	7	income	income	NOUN
cana-6028	309	8	statements	statement	NOUN
cana-6028	309	9	,	,	PUNCT
cana-6028	309	10	balance	balance	NOUN
cana-6028	309	11	sheet	sheet	NOUN
cana-6028	309	12	and	and	CCONJ
cana-6028	309	13	cash	cash	NOUN
cana-6028	309	14	flow	flow	NOUN
cana-6028	309	15	from	from	ADP
cana-6028	309	16	2005–2024	2005–2024	NUM
cana-6028	309	17	:	:	PUNCT
cana-6028	309	18	centre	centre	NOUN
cana-6028	309	19	for	for	ADP
cana-6028	309	20	monitoring	monitor	VERB
cana-6028	309	21	indian	indian	ADJ
cana-6028	309	22	economy	economy	NOUN
cana-6028	309	23	(	(	PUNCT
cana-6028	309	24	cmie	cmie	PROPN
cana-6028	309	25	express	express	PROPN
cana-6028	309	26	)	)	PUNCT
cana-6028	309	27	.	.	PUNCT
cana-6028	310	1	[	[	X
cana-6028	310	2	14	14	NUM
cana-6028	310	3	]	]	PUNCT
cana-6028	310	4	market	market	NOUN
cana-6028	310	5	price	price	NOUN
cana-6028	310	6	of	of	ADP
cana-6028	310	7	shares	share	NOUN
cana-6028	310	8	for	for	ADP
cana-6028	310	9	the	the	DET
cana-6028	310	10	required	require	VERB
cana-6028	310	11	dates	date	NOUN
cana-6028	310	12	:	:	PUNCT
cana-6028	310	13	yahoo	yahoo	PROPN
cana-6028	310	14	finance	finance	PROPN
cana-6028	310	15	https://finance.yahoo	https://finance.yahoo	PROPN
cana-6028	310	16	.	.	PUNCT
cana-6028	311	1	com/.	com/.	DET
cana-6028	311	2	[	[	X
cana-6028	311	3	15	15	NUM
cana-6028	311	4	]	]	X
cana-6028	311	5	coding	code	VERB
cana-6028	311	6	language	language	NOUN
cana-6028	311	7	:	:	PUNCT
cana-6028	311	8	python	python	PROPN
cana-6028	311	9	https://www	https://www	PROPN
cana-6028	311	10	.	.	PUNCT
cana-6028	312	1	python.org/.	python.org/.	PROPN
cana-6028	313	1	[	[	X
cana-6028	313	2	16	16	NUM
cana-6028	313	3	]	]	PUNCT
cana-6028	313	4	for	for	ADP
cana-6028	313	5	plotting	plot	VERB
cana-6028	313	6	and	and	CCONJ
cana-6028	313	7	comparing	compare	VERB
cana-6028	313	8	graphs	graph	NOUN
cana-6028	313	9	:	:	PUNCT
cana-6028	313	10	matplotlib	matplotlib	PROPN
cana-6028	313	11	https://matplotlib.org/.	https://matplotlib.org/.	NOUN
cana-6028	313	12	disclaimer	disclaimer	ADJ
cana-6028	313	13	investments	investment	NOUN
cana-6028	313	14	in	in	ADP
cana-6028	313	15	securities	security	NOUN
cana-6028	313	16	market	market	NOUN
cana-6028	313	17	are	be	AUX
cana-6028	313	18	subject	subject	ADJ
cana-6028	313	19	to	to	ADP
cana-6028	313	20	market	market	NOUN
cana-6028	313	21	risks	risk	NOUN
cana-6028	313	22	,	,	PUNCT
cana-6028	313	23	read	read	VERB
cana-6028	313	24	all	all	DET
cana-6028	313	25	the	the	DET
cana-6028	313	26	related	related	ADJ
cana-6028	313	27	documents	document	NOUN
cana-6028	313	28	carefully	carefully	ADV
cana-6028	313	29	before	before	ADP
cana-6028	313	30	investing	invest	VERB
cana-6028	313	31	.	.	PUNCT
cana-6028	314	1	this	this	DET
cana-6028	314	2	article	article	NOUN
cana-6028	314	3	is	be	AUX
cana-6028	314	4	for	for	ADP
cana-6028	314	5	informational	informational	ADJ
cana-6028	314	6	and	and	CCONJ
cana-6028	314	7	educational	educational	ADJ
cana-6028	314	8	purposes	purpose	NOUN
cana-6028	314	9	only	only	ADV
cana-6028	314	10	.	.	PUNCT
cana-6028	315	1	it	it	PRON
cana-6028	315	2	does	do	AUX
cana-6028	315	3	not	not	PART
cana-6028	315	4	constitute	constitute	VERB
cana-6028	315	5	financial	financial	ADJ
cana-6028	315	6	,	,	PUNCT
cana-6028	315	7	investment	investment	NOUN
cana-6028	315	8	,	,	PUNCT
cana-6028	315	9	or	or	CCONJ
cana-6028	315	10	trading	trading	NOUN
cana-6028	315	11	advice	advice	NOUN
cana-6028	315	12	and	and	CCONJ
cana-6028	315	13	should	should	AUX
cana-6028	315	14	not	not	PART
cana-6028	315	15	be	be	AUX
cana-6028	315	16	relied	rely	VERB
cana-6028	315	17	upon	upon	SCONJ
cana-6028	315	18	as	as	ADV
cana-6028	315	19	such	such	ADJ
cana-6028	315	20	.	.	PUNCT
cana-6028	316	1	there	there	PRON
cana-6028	316	2	is	be	VERB
cana-6028	316	3	no	no	DET
cana-6028	316	4	guarantee	guarantee	NOUN
cana-6028	316	5	of	of	ADP
cana-6028	316	6	any	any	DET
cana-6028	316	7	investment	investment	NOUN
cana-6028	316	8	gains	gain	NOUN
cana-6028	316	9	,	,	PUNCT
cana-6028	316	10	and	and	CCONJ
cana-6028	316	11	readers	reader	NOUN
cana-6028	316	12	are	be	AUX
cana-6028	316	13	encouraged	encourage	VERB
cana-6028	316	14	to	to	PART
cana-6028	316	15	conduct	conduct	VERB
cana-6028	316	16	their	their	PRON
cana-6028	316	17	own	own	ADJ
cana-6028	316	18	research	research	NOUN
cana-6028	316	19	before	before	ADP
cana-6028	316	20	making	make	VERB
cana-6028	316	21	any	any	DET
cana-6028	316	22	investment	investment	NOUN
cana-6028	316	23	decisions	decision	NOUN
cana-6028	316	24	.	.	PUNCT
cana-6028	317	1	https://internationalpubls.com/	https://internationalpubls.com/	PROPN
cana-6028	317	2	https://matplotlib.org/	https://matplotlib.org/	NOUN