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Colambda Technologies (Colambda Technologies) Piotroski F-Score


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What is Colambda Technologies Piotroski F-Score?

Colambda Technologies does not have enough data to calculate Piotroski F-Score.


Colambda Technologies Piotroski F-Score Historical Data

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

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Colambda Technologies Piotroski F-Score Chart

Colambda Technologies Annual Data
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Piotroski F-Score

Colambda Technologies Quarterly Data
Sep21 Sep22
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Colambda Technologies  (OTCPK:NCRE) 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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Colambda Technologies (Colambda Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1870 West Prince Road, Suite No. 41, Tucson, AZ, USA, 85705
Colambda Technologies Ltd focuses on eliminating carbon monoxide in automobile emissions while simultaneously reducing all other elements in these emissions including hydrocarbons, carbon dioxide, nitrous oxide, and methane. It intends to provide consumers with products that will reduce emissions generated from internal combustion engines making all cars greener and air cleaner.
Executives
Robert James Nielson 10 percent owner 986 E WHEELER FARM CV, SALT LAKE CITY UT 84121
George Christodoulou director, 10 percent owner, officer: PRESIDENT P.O. BOX 25631, NICOSIA G4 1311
Nielson 101 Trust 10 percent owner 986 E WHEELER FARM CV, SALT LAKE CITY UT 84121