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Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Piotroski F-Score


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What is Octo Fundo De Investimento Imobiliario Piotroski F-Score?

Octo Fundo De Investimento Imobiliario does not have enough data to calculate Piotroski F-Score.


Octo Fundo De Investimento Imobiliario Piotroski F-Score Historical Data

The historical data trend for Octo Fundo De Investimento Imobiliario'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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Octo Fundo De Investimento Imobiliario Piotroski F-Score Chart

Octo Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
Piotroski F-Score
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Octo Fundo De Investimento Imobiliario Semi-Annual Data
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Competitive Comparison of Octo Fundo De Investimento Imobiliario's Piotroski F-Score

For the Asset Management subindustry, Octo Fundo De Investimento Imobiliario's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Octo Fundo De Investimento Imobiliario's Piotroski F-Score Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Octo Fundo De Investimento Imobiliario's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Octo Fundo De Investimento Imobiliario's Piotroski F-Score falls into.


Octo Fundo De Investimento Imobiliario  (BSP:OCRE11) 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.


Octo Fundo De Investimento Imobiliario Piotroski F-Score Related Terms

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Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Business Description

Traded in Other Exchanges
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Address
Avenue Pres Juscelino Kubitschek, 1726, 19 Andar- Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543000
Octo Fundo De Investimento Imobiliario is intended for investors in general, including, but not limited to, natural or legal persons, investment funds, entities authorized to operate by the Central Bank of Brazil, insurance companies, private pension and capitalization entities, as well as non-public investors. The purpose of the Fund is to provide shareholders with income and capital gain, through the investment of their assets in the following target assets: shares of other real estate investment funds, certificates of real estate receivables, mortgage bills, real estate credit notes, guaranteed real estate bills, certificates of additional construction potential, issued based on Instruction, etc.

Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Headlines

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