Table 1: Performance Summary.
No.
|
Avg. Return
|
Avg. Annualized
|
Avg. Holding period
|
11
|
-43%
|
-163%
|
223 days
|
Table 2: Source of
the stocks:
Sources
|
Web & publication
|
Deeply valued
|
Acquire candidates
|
Misc. screens
|
Short squeezed
|
No.
|
0
|
0
|
0
|
11
|
0
|
Annualized Return
|
|
|
|
-163%
|
|
Stocks
|
|
|
|
BPI,NTE,SIGA,SIM,
VELT,STEC,IAG,END,
DEER,CRUS,HXM
|
|
All the stocks here were from my
screens. It is time to evaluate the performances of the screens. I still find
the screens with better recent performance still perform better than the
average.
There is not a single stock from
the categories of web & publication, deeply-valued list, being acquired or
being short squeezed.
Table 3: Score (using the score system in my book Scoring Stocks):
Avg. Score
|
Foreign Country
|
Insider’s Purchase
|
1.86
|
6
|
0
|
Annualized
|
-216%
|
|
The average score is 1.86 (3 is a
passing grade defined in my book Scoring Stocks). Four (out of 11) stocks have
not been scored.
There is not a single stock with
meaningful insider purchase. I have encountered that the lowly-scored stocks with
meaningful insider purchase appreciate more than the average. Unfortunately I
cannot find any proof in this monitor.
There are too many foreign stocks
in this group (not a single foreign stock among the best performers as
described in the last chapter). I usually do not trust the financial statements
of the smaller, emerging countries. If I skipped these six stocks, I would have
saved a bundle. We cannot go back in time, but it is a strong guide for the
future. I do not know why I still bought foreign stocks as they did not perform
well in the last monitor.
.
Luckily I did not place double
bet on any of these losers.
Table 4: Sectors:
Sector
|
Tech
|
Miner
|
Health care, equip and drug
|
Misc.
|
No.
|
4
|
3
|
1
|
2
|
Annual. Return
|
-128%
|
-131%
|
-34%
|
-734%
|
Stocks
|
NTE,VELT,
STEC,CRUS
|
SIM,IAG
END
|
SIGA
|
BPI,HXM
|
Miners are not doing well in this
period. Watch out for this sector as it
flows with the global economy. Most miners are foreign companies. I do trust
the financial data from Canada and Australia.
Technology companies are not
doing well. However, we have some technology companies included as the top performers
as described in the last chapter. I rate Tech a neutral. Buy those tech
companies with high scores and good outlooks.
No comments:
Post a Comment