No need to do all that!1. Limit universe to NYSE2. Buy top 5 by ROA TTM, hold for one year.From 1/2/99 - 10/5/12 I get 21.65% annualized ... for an annual hold.FWIWThough I can't do that with NYSE stocks, for the 1700 covered by Value Line that strategy returns around 9.5%/year, assuming .4% cost per trade (obviously not more than once per year).Average of all 252 possible sets of trade dates Jan 1986 to date.The return for that whole set of stocks in the same interval is 10.6%/year.Jim
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar