No. of Recommendations: 4
While the backtester only provides information on these screens since 1997

1. I worked with TimeinessTM 2-2 because my past investing experience indicated that analysts raise stock ratings to the highest possible level only after superior performance for some period of time. My thought was that potentially successful longer term holdings (at least a year) may be more plentiful in the Timeliness 2 grouping.

2. The FCFL aspect is simply a sort with the 8 highest ranked ratios of FCFL per share divided by stock price, and then eliminating the highest ranking stock. For some reason the highest ranked stock always performed below the average in whatever permutations I tried.


This looks like a canary killer. The short backtest makes it easy to find spurious results. The Timeliness 2 preference is suspicious. And the elimination of the top FCFL stock is data mining almost beyond a shadow of a doubt.

The comment from winker clinches it -
There is an obscene January effect going on. Try some of the other start months.

I wouldn't touch it with a ten foot pole.

Elan
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