Can The Piotroski F-Score Also Improve Your Investment Strategy? by Tim du Toit, Quant Investing You can use the Piotroski F-Score to improve most investment strategies, not just a low price to book strategy as Joseph Piotroski successfully proved in his 2000 research paper “Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers”. How to improve your investment strategy In this article I am going to show you, through back tests we have done, what other investment strategies you can improve with the use of the Piotroski F-Score. Piotroski F-Score helps growth strategies For example, a…
On This Page
- How to improve your investment strategy
- Piotroski F-Score helps growth strategies
- More on the Piotroski F-Score
- The back test
- One remarkable finding
- Market returned only 30.5%
- Piotroski F-Score with other ratios improved returns over 200%
- Best stand-alone strategy = Price to book +400.3%
- Best strategy with Piotroski F-Score = Free cash flow yield (FCF Yield) +680.4%
- Most improved strategy = Free Cash Flow Yield +363%
- Adding quality can substantially increase your returns
- How to add the Piotroski F-Score to your screens
- Add it with the slider
- Or use filter
- Summary and conclusion
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