Returns Jan 1997 to date for all 1700 companies covered by Value Line.Using current ROE, not 10 year average ROE, so not as good a metric as yours.Though these numbers change pretty slowly, this is based on checking toensure that your firm in still in its bucket every month, no trading costs.Figures include dividends.top 3% by ROE = 14.65%/year (about 50 stocks)next 7% by ROE = 12.77%/yearnext 10% by ROE = 10.70%/yearnext 20% by ROE = 11.52%/yearnext 20% by ROE = 11.07%/yearnext 20% by ROE = 10.53%/yearnext 10% by ROE = 10.25%/yearnext 5% by ROE = 5.33%/yearBottom 5% by ROE = 2.33%/yearIf you take just the best 3% bucket above and buy the 5 stocks with the highest 5 year growth in book value per share the average return is 22%/year.(though at that point trading costs become an issue)You can see how it's easy to become a quant.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. Earnings Estimates, Analyst Rat