GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Azure Holding Group Corp (OTCPK:AZRH) » Definitions » Piotroski F-Score

Azure Holding Group (Azure Holding Group) Piotroski F-Score


View and export this data going back to 2013. Start your Free Trial

What is Azure Holding Group Piotroski F-Score?

Azure Holding Group does not have enough data to calculate Piotroski F-Score.


Azure Holding Group Piotroski F-Score Historical Data

The historical data trend for Azure Holding Group'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.

* Premium members only.

Azure Holding Group Piotroski F-Score Chart

Azure Holding Group Annual Data
Trend Aug12 Aug13
Piotroski F-Score
- -

Azure Holding Group Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13
Piotroski F-Score - - - - -

Azure Holding Group  (OTCPK:AZRH) 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.


Azure Holding Group Piotroski F-Score Related Terms

Thank you for viewing the detailed overview of Azure Holding Group's Piotroski F-Score provided by GuruFocus.com. Please click on the following links to see related term pages.


Azure Holding Group (Azure Holding Group) Business Description

Traded in Other Exchanges
N/A
Address
26060 Acero, Suite 209, Mission Viejo, CA, USA, 92619
Azure Holding Group Corp is engaged in the gaming and advertising business as well as leveraging blockchain technologies and Artificial Intelligence cryptocurrency monetization. The company also involved in the mining business mostly in gold. Its assets are situated in the Southwest region of the United States and in Northwest Mexico.

Azure Holding Group (Azure Holding Group) Headlines

From GuruFocus

Azure Holding Group Corp. Acquires Eragon Mining

By Marketwired Marketwired 05-29-2019