My understanding is that it is simply a statistical model output based on the underlying quantitative trading data. I.e. not driven off commentary within announcements.
Here is the lead in summary from those assessments...
"The quantitative report on equities consists of data, statistics and quantitativeequity ratings on equity securities. Morningstar, Inc.’s quantitative equityratings are forward looking and are generated by a statistical model that isbased on Morningstar Inc.’s analyst-driven equity ratings and quantitativestatistics"
Ann: Core 2021 AGM Chairman's Address, page-17
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $288.4M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $1.091M | 7.964M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 2070710 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 1163354 | 21 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
-0.005 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 14.0¢ | 14.0¢ | 13.5¢ | 2748039 | ||
| Last updated 15.58pm 30/05/2024 ? | |||||
| CXO (ASX) Chart |