All Strategies>Joseph Piotroski

The Piotroski Strategy

Value investing with fundamental strength for high returns. Read more.

CAGR
Compound Annual Growth Rate
-
Beta
Volatility Compared to S&P 500
-
Total Return
1-Year Avg.
-
3-Year Avg.
-
10-Year Avg.
-
Investment amount
$10,000
Investment range
15 years
 
Total return
undefined%
Investment worth
$0
Strategy Formulas & Filters

Piotroski F-Score
  • Evaluates a company’s financial strength using the Piotroski F-Score by summing multiple binary financial signals.
  • Weight = 90%
1 / Price to Sales Ratio (TTM)
  • Calculates the inverse of the Price to Sales ratio to emphasize companies with strong revenue relative to their market cap.
  • Weight = 10%
Trading Model

Purchase Model
  • Purchase 12 stocks every 6 months until portfolio size reaches 24.
  • Rebalance target: 30%.
  • Reinvest proceeds from sales every 3 months.

Selling Model
  • Hold the stock for a maximum of 2 years.
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Strategy Information

Piotroski investing focuses on identifying undervalued stocks with strong financial health using the Piotroski F-Score, a nine-point system that evaluates a company’s profitability, liquidity, and operational efficiency. This score helps investors distinguish fundamentally strong companies from weaker ones by assessing key metrics like return on assets, leverage, and cash flow. By targeting companies with high F-Scores (7-9), Piotroski’s strategy aims to improve returns and reduce risk, making it a valuable tool for value investors looking to capitalize on financially stable but undervalued stocks.

Data Partners
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Fundamental company data provided by Morningstar, updated daily.
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