Aphex BioCleanse Systems (Aphex BioCleanse Systems) Piotroski F-Score

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What is Aphex BioCleanse Systems Piotroski F-Score?

Aphex BioCleanse Systems does not have enough data to calculate Piotroski F-Score.

Aphex BioCleanse Systems Piotroski F-Score Historical Data

The historical data trend for Aphex BioCleanse Systems's Piotroski F-Score can be seen below:

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Aphex BioCleanse Systems Piotroski F-Score Chart

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Piotroski F-Score

Aphex BioCleanse Systems (OTCPK:SNST) 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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Aphex BioCleanse Systems (Aphex BioCleanse Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Aphex BioCleanse Systems Inc (OTCPK:SNST) » Definitions » Piotroski F-Score

Traded in Other Exchanges

N/A

Address

1820 State Road 13, Unit 11-43, Saint Johns, FL, USA, 32259

Website

https://www.aphexus.com

Aphex BioCleanse Systems Inc is a United States-based company that provides sanitization solutions. It develops and manufactures non-alcohol, non-toxic, and hydrogen-based disinfecting technology. The company produces proprietary hydrogen-based disinfectant and pesticide products known as Hy-IQ Water.