I'm going to make you rich!

Sammanfattning

Master thesis in Business Administration, Swedish Business School at Örebro

University, spring semester 2012

Authors: Anders Oskarsson & Christian Uhlander

Title: I?m going to make you rich! -With a little help from Piotroski

Research objective: This paper examines whether a simple account-based analysis strategy,

F_SCORE, can improve returns earned by an investor. The results show that F_SCORE generated a

69,7 % annual return between 2001-2010 at the Swedish market, which was better than the further

developed model A_SCORE. Overall, the evidence suggests that the market does not incorporate

historical information into prices in a timely manner.

Methodology: The foundation for this thesis is based on a quantitative approach and empirical

material is gathered from Thomson Reuters Datastream for the Swedish market.