Amazonas Florestal (Amazonas Florestal) Piotroski F-Score

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What is Amazonas Florestal Piotroski F-Score?

Amazonas Florestal does not have enough data to calculate Piotroski F-Score.

Amazonas Florestal Piotroski F-Score Historical Data

The historical data trend for Amazonas Florestal's Piotroski F-Score can be seen below:

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Amazonas Florestal Piotroski F-Score Chart

Amazonas Florestal Annual Data

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Piotroski F-Score

Amazonas Florestal Quarterly Data

Piotroski F-Score

Amazonas Florestal (OTCPK:AZFL) 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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Amazonas Florestal (Amazonas Florestal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Amazonas Florestal Ltd (OTCPK:AZFL) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

7922-7924 NW 67th Street, Miami, FL, USA, 33166

Website

https://www.azflamerica.com

Amazonas Florestal Ltd, through its subsidiary, is engaged in the sale of CBD products that it is producing in the state. The company's products are sold online and through outlets.

Amazonas Florestal (Amazonas Florestal) Headlines

From GuruFocus

Amazonas Florestal, Ltd. Forms Strategic Alliance With Stilbon Corp.

By Marketwired Marketwired • 09-08-2021