GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Hera Acquisition Corp (NAS:HERA) » Definitions » Piotroski F-Score

FTAC Hera Acquisition (FTAC Hera Acquisition) Piotroski F-Score


View and export this data going back to 2021. Start your Free Trial

What is FTAC Hera Acquisition Piotroski F-Score?

FTAC Hera Acquisition does not have enough data to calculate Piotroski F-Score.


FTAC Hera Acquisition Piotroski F-Score Historical Data

The historical data trend for FTAC Hera Acquisition'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.

FTAC Hera Acquisition Piotroski F-Score Chart

FTAC Hera Acquisition Annual Data
Trend Dec21
Piotroski F-Score
N/A

FTAC Hera Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Piotroski F-Score Get a 7-Day Free Trial N/A N/A N/A N/A N/A

FTAC Hera Acquisition  (NAS:HERA) 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.


FTAC Hera Acquisition Piotroski F-Score Related Terms

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


FTAC Hera Acquisition (FTAC Hera Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Hera Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Executives
Laura Kohn director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Daniel G Cohen officer: President and CEO 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Douglas Listman officer: CFO and Secretary 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Mei Mei Tuan director C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Betsy Z Cohen director
Brittain Ezzes director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jewelle Bickford director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Leah Popowich director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104

FTAC Hera Acquisition (FTAC Hera Acquisition) Headlines

From GuruFocus