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Real American Capital (Real American Capital) Piotroski F-Score


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What is Real American Capital Piotroski F-Score?

Real American Capital does not have enough data to calculate Piotroski F-Score.


Real American Capital Piotroski F-Score Historical Data

The historical data trend for Real American Capital's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Real American Capital Piotroski F-Score Chart

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Real American Capital  (OTCPK:RLAB) 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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Real American Capital (Real American Capital) Business Description

Traded in Other Exchanges
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Address
74725 Joni Drive, Suite A, Palm Desert, CA, USA, 92260
Real American Capital Corp is a company of inter-related, eco-friendly brands using technology and bio-science in a variety of agricultural and environmental applications. Its principal brands are state-of-the-art, computerized grow lights, and soil treatment amendment products formulated to grow healthier and heartier flora, plants, fruits, vegetables and other produce.

Real American Capital (Real American Capital) Headlines

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