Essays about: "Piotroski’s F_Score"

Showing result 1 - 5 of 8 essays containing the words Piotroski’s F_Score.

1. 1. Can a modern value definition save a struggling investment strategy? A study on the performance of the F-Score when adjusting book-to-market equity for intangibles

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Hampus Johnson; Max Rembe; [2023]
   Keywords : Value investing; Piotroski s F-score; Intangible assets; Book-to-market equity;

   Abstract : Studies have found that the immediate expensing of intangible investments has understated the book-to-market metric, which has caused a substantial misclassification of value and glamor stocks in the new economy. This has coincided with a deteriorating performance of Piotroski's F-score, which aims to identify winning stocks among the value group by considering financial signals relevant to these stocks. READ MORE

3. 2. Does value investing yield abnormal returns?

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering; Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Fabian Boberg; Richard Jungner; [2022]
   Keywords : Value investing; Piotroski s F-score; Greenblatt s Magic Formula; Efficient Market Hypothesis; Intangible Assets;

   Abstract : Studies suggest that value investing's performance has deteriorated due to the increasing share of intangibles, which has complicated the process of identifying value stocks. We study the value investing strategies Greenblatt's Magic Formula and Piotroski's F-score in the Nordic region from 2012 to 2022. READ MORE

4. 3. The Recent Downfall of Value Investing - A Study on the Performances of the Magic Formula and the F-Score in the Nordic Market

   University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

   Author : Erik Rystedt; Kasper Oldmark; [2021]
   Keywords : Value Investing; Magic Formula; F-Score; Fundamental Analysis; Efficient Market Hypothesis;

   Abstract : We have examined if value investing has generated above-market returns and possessed the ability to predict future returns using fundamental analysis in the Nordic market. To address our research question, we have conducted univariate analyses testing the performances of Greenblatt's Magic Formula and Piotroski's F-Score against the MSCI Nordic Countries Net Total Return Index and their respective inverse portfolios. READ MORE

5. 4. Portfolio performance in Nordic countries : A quantitative comparison study of investment strategies in Denmark, Finland, Norway and Sweden

   University essay from Karlstads universitet/Handelshögskolan (from 2013)

   Author : Ludwig Brindelid; Tobias Nilsson; [2021]
   Keywords : Investment strategies; The Magic Formula; Piotroski’s F-Score; The Stock Market; Nordic countries; Investeringsstrategier; Den Magiska Formeln; Piotroskis F-Score; Aktiemarknaden; Nordiska länder;

   Abstract : The interest in the stock market has increased in the last couple of years whereas those who invest use all kinds of different strategies, or none at all. Some strategies are quite complicated and time consuming, while others are easier to replicate. READ MORE

6. 5. Testing Piotroski's F_SCORE on the U.S. Stock Market

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Xiangyu Mo; Yuzi Wang; [2018]
   Keywords : Piotroski; Abnormal Returns; Market Efficiency; U.S. Stock Market;

   Abstract : Piotroski (2000) generates a fundamental investing method built upon F_SCORE to identify financially strong firms. In this paper, we investigate whether Piotroski's simple accounting- based fundamental method could still be applied to the U.S. market throughout 12 years from 2004 to 2015. READ MORE