One of the most common questions we get asked by our new members is: why does your trending value screen show stocks with a VC2 above 10? The VC2 factor range is set to only show percentiles 0 to 10, yet I see values higher than 10.
The answer is very simple. Calculating O'Shaughnessy's value composites is very resource intensive as it requires percentile calculations on 5 to 6 ratios as well as on the combined score. Missing values can't be included in the calculation and one has to make sure that the stocks are distributed in equal groups from 0 to 100. Ratios with missing values also automatically get a score of 50...[more]
The ValueSignals community is growing at a fast pace as the word of mouth is spreading and a growing number of investors move from gut feeling investing to a more systematic, quantitative style of investing. Over the years we have attracted a large group of stock market enthusiasts, ranging from investment professionals (hedge fund managers, investment newsletter editors, .....[more]
Despite the many warning signs at the end of April, the markets continued their upward trajectory. At -5%, the STOXX500 is still not near break-even point but the S&P500 was able to finish at +3% YTD. Our European portfolio finished the month at +1.8% but our US portfolio moved in the other direction and is now at -4...[more]
As from this weekend we have loaded all 912 stocks listed on the Kuala Lumpur Stock Exchange. These are now available to all premium and professional Asia subscription holders.