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What is Jitta’s approach on analyzing IPO businesses?
Recent IPO’s don’t have a lot of prior financial data, so it’s hard to analyze their businesses. On Jitta, IPO stocks will have 2 years back of financial data before they go public, so Jitta Score cannot be calculated as accurately as usual (since it takes 5-10 years of historical data).
Therefore, when calculating Jitta Score for IPO stocks, we will add Negative Factor into the equation to lower the score and compensate the risk from insufficient data. Jitta Signs will also show a Warning Sign to indicate that this stock has only gone public for less than 3 years, therefore there is a high analytical uncertainty.