Euro Quality - Piotroski F Score

This screen seeks out high quality European stocks using the rules outlined by Professor Joseph Piotroski and elaborated upon in a 2011 academic paper "Identifying expectation errors in Value/Glamour stocks" Piotroski defines a 9 point fundamentals checklist called the F-Score. You can read more about the formation of the F-Score here ... https://www.investopedia.com/terms/p/piotroski-score.asp My fund selects European stocks with an F-Score > 8. I add a further twist to the F-Score by selecting the best of the best (top 20% of the investment universe when ranked on Quality, Value & Momentum factors) to thin the field of potential investment candidates. A basket of stocks from the top 20% of an investment universe have been shown to outperform a randomised basket of stocks so by reducing the number of F-Score candidates by selecting the best of the best I should increase the upside and reduce downside risk. All stocks have strong balance sheets and sensible debt profiles to further reduce risk. Finally I look to purchase stocks they when the break from a period of consolidation or when they are at or close to new/recent highs and I look to ride the price momentum until it falters (which could takes days or years) and I use Ichimoku Clouds (a form of technical analysis) to assess the placement of stops. This is a long only fund. I monitor my investments on a daily basis.