IZON Network (IZON Network) Piotroski F-Score

View and export this data going back to 2007. Start your Free Trial

What is IZON Network Piotroski F-Score?

IZON Network does not have enough data to calculate Piotroski F-Score.

IZON Network Piotroski F-Score Historical Data

The historical data trend for IZON Network'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.

IZON Network Piotroski F-Score Chart

IZON Network Annual Data

Trend

Piotroski F-Score

IZON Network Quarterly Data
	Sep18	Sep19
Piotroski F-Score	-	-

IZON Network (OTCPK:IZNN) 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.

IZON Network Piotroski F-Score Related Terms

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

IZON Network (IZON Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IZON Network Inc (OTCPK:IZNN) » Definitions » Piotroski F-Score

Comparable Companies

Traded in Other Exchanges

N/A

Address

15211 N Kierland Boulevard, Suite 200, Scottsdale, AZ, USA, 85254

Website

http://www.izonnetwork.com

IZON Network Inc is a provider of on-course technology and Global Positioning System services to golf course operators and golfers. The company has created a proprietary and private media platform that connects valued luxury consumers with advertisers. Using the Android tablets, golfers access a number of core useful applications and services such as accurate yardages, aerial hole views, and GPS-based course navigations. The tablets are installed on golf carts and connect wirelessly to the Web through Sprint's nationwide network. The company's GPS tools include Scorecard, Email Gathering, Beverage Cart Tools, Battery Consumption, and Advertising.

IZON Network (IZON Network) Headlines

No Headlines