Asia Global Crossing (Asia Global Crossing) Piotroski F-Score

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What is Asia Global Crossing Piotroski F-Score?

Asia Global Crossing does not have enough data to calculate Piotroski F-Score.

Asia Global Crossing Piotroski F-Score Historical Data

The historical data trend for Asia Global Crossing's Piotroski F-Score can be seen below:

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Asia Global Crossing Piotroski F-Score Chart

Asia Global Crossing Annual Data

Trend

Dec99

Dec00

Piotroski F-Score

Asia Global Crossing Quarterly Data
	Dec99	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01
Piotroski F-Score	Get a 7-Day Free Trial			-	-	-	-	-

Asia Global Crossing (OTCPK:ASGXF) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.

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Asia Global Crossing (Asia Global Crossing) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Asia Global Crossing Ltd (OTCPK:ASGXF) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mintflower Place, 2nd Floor, Hamilton, USA, HM08

Website

Asia Global Crossing Ltd provides telecommunication services.

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