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Top Wealth Group Holding (Top Wealth Group Holding) Piotroski F-Score


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What is Top Wealth Group Holding Piotroski F-Score?

Top Wealth Group Holding does not have enough data to calculate Piotroski F-Score.


Top Wealth Group Holding Piotroski F-Score Historical Data

The historical data trend for Top Wealth Group Holding'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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Top Wealth Group Holding Piotroski F-Score Chart

Top Wealth Group Holding Annual Data
Trend Dec21 Dec22
Piotroski F-Score
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Top Wealth Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Piotroski F-Score - - - -

Competitive Comparison of Top Wealth Group Holding's Piotroski F-Score

For the Food Distribution subindustry, Top Wealth Group Holding's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Top Wealth Group Holding's Piotroski F-Score Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Top Wealth Group Holding's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Top Wealth Group Holding's Piotroski F-Score falls into.


Top Wealth Group Holding  (NAS:TWG) 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.


Top Wealth Group Holding Piotroski F-Score Related Terms

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Top Wealth Group Holding (Top Wealth Group Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
118 Connaught Road West, 7F, Hong Kong Plaza, Units 714 & 715, Hong Kong, HKG
Top Wealth Group Holding Ltd is as supplier of caviar and offer caviar-based gourmet products. It is specialized in supplying high quality sturgeons caviar.

Top Wealth Group Holding (Top Wealth Group Holding) Headlines