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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Mattyice who wrote (54993)	3/3/2015 9:53:13 PM
From: MCsweet	Read Replies (2) \| Respond to of 78705

I run Piotroski Screen, AAII's shadow portfolio screen, stock buybacks below book value (my own home cookin'), with a few variations. Below are the Piotroski factors which are combined with low book value. AAII is somewhat similar. MC Profitability Positive return on assets in the current year (1 point). Positive operating cash flow in the current year (1 point). Higher return on assets (ROA) in the current period compared to the ROA in the previous year (1 point). Cash flow from operations are greater than ROA (1 point) Leverage, Liquidity and Source of Funds Lower ratio of long term debt to in the current period compared value in the previous year (1 point). Higher current ratio this year compared to the previous year (1 point). No new shares were issued in the last year (1 point). Operating Efficiency A higher gross margin compared to the previous year (1 point). A higher asset turnover ratio compared to the previous year (1 point).