Showing Tag: "p" (Show all posts)

LP2B Decile for JUN

Posted by PowerStocks Research on Sunday, July 12, 2009, In : List Publication 
Here are the lowest Price/Book shares on the JSE as at 9 Jun 2009. They effectively form the 1st low price-book decile. Portfolios are normally constructed from the first 10 or 20 shares (as in our model portfolios) for a low price-to-book strategy.



Note that quite a few issues here are going through financial stress. That is why some investors prefer the Piotroski strategy which focuses on low price/book shares but with a sound financial position.
Continue reading ...
 

LP2BK JUN Update

Posted by PowerStocks Research on Sunday, July 12, 2009, In : Performance Update 
Here is the YTD performance summary of the 10-share low price--to-book portfolio taken from the lowest price/book decile of the JSE ALL STOCKS universe on 3 March 2009. They represent the lowest price/book shares on the JSE at the time.



Although the performance looks very bad against all the other strategies we are tracking, you must bear in mind that this is taken from the ALL-STOCKS universe, and will have smaller less liquid issues than other strategies we track. In addition these represent...
Continue reading ...
 

LP2BK 28May Update

Posted by PowerStocks Research on Sunday, May 31, 2009, In : Performance Update 
Here is the YTD performance summary of the 10-share low price--to-book portfolio taken from the lowest price/book decile of the JSE ALL STOCKS universe on 3 March 2009. They represent the 10 lowest price/book shares on the JSE at the time.



Although the performance looks bad against all the other strategies we are tracking, you must bear in mind that this is taken from the ALL-STOCKS universe, and will have smaller less liquid issues than other strategies we track. In addition these represent t...
Continue reading ...
 

New 8-year Backtest

Posted by PowerStocks Research on Friday, March 20, 2009, In : Backtest update 
We have completed a 8-year backtest on the Price/Book ("Book Value") Decile strategy of purchasing the JSE's lowest 10% Price/Book ratio stocks. The backtest includes a detailed analysis of the effectiveness of the strategy.

Go to the RESEARCH main menu tab to get access, it is currently free to the public.

Continue reading ...
 

Price/Book Decile-Mar09

Posted by PowerStocks on Friday, March 6, 2009, In : List Publication 

As with our other Strategy Blogs, once a month we will rank the JSE into 10 deciles based on Price/Book ratio and then publish the contents of the Decile-10 portfolio. This is the portfolio with the lowest 10% of Price/Book ratios on the JSE. As we have shown in our historical research, this portfolio repeatedly manages to significantly outperform the ALSI. This is similar to the "Dogs of the Dow" theory except that we are basing our measure of bargain on the Price/Book ratio as opposed to th...
Continue reading ...
 
 

____________________

GO TO BLOGS

____________________

GO TO STRATEGIES

Price-to-Book
Price/Earnings
Piotroski
Magic Formula
Sunday Times Challenge
O'Shaugnessy
______________________

 
Make a Free Website with Yola.