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Greater China Fund (Greater China Fund) Piotroski F-Score


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What is Greater China Fund Piotroski F-Score?

Greater China Fund does not have enough data to calculate Piotroski F-Score.


Greater China Fund Piotroski F-Score Historical Data

The historical data trend for Greater China Fund'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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Greater China Fund Piotroski F-Score Chart

Greater China Fund Annual Data
Trend Dec17
Piotroski F-Score
-

Greater China Fund Semi-Annual Data
Dec17
Piotroski F-Score -

Greater China Fund  (NYSE:GCH) 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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Greater China Fund (Greater China Fund) Business Description

Traded in Other Exchanges
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Address
Greater China Fund Inc is a closed end management investment company. Its objective is to seek long-term capital appreciation through investment in listed equity securities of companies.
Executives
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Joseph Andolina officer: Vice President - Compliance 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Guet Tay Kheng other: Director of Investment Manager 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Terence Lim other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILIADELPHIA PA 19103
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Flavia Cheong other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Hui Lin Ng other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Lim Sock-hwei other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Narracott other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Beverley Hendry officer: Vice President C/O ABERDEEN ASSET MANAGMENT INC., 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Victor Rodriguez other: Director of Investment Adviser 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Gary Marshall officer: Vice President 97 HAYMARKET TERRACE, EDINBURGH X0 EH12 5HD
Lucia Sitar officer: Vice President and CLO 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

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