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Strategies & Market Trends : Value Investing

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CusterInvestor
pak73
To: Madharry who wrote (67085)4/8/2021 8:44:55 PM
From: E_K_S2 Recommendations  Read Replies (1) of 78714
 
Scanning Barchart.com for Values and seeking 'Alpha'

It's hard to find value stocks in this market and ones that are moving (attracting new money). A slick feature on Barchart.com is their (1) 5-day gainer list and (2) 5-day loser list.

The 5-day gainer list typically is new money driving prices higher. A further screen under "Main View" is a "Fundamental" screen that allows you to sort the 5-day gainers by different fundamental categories.

I have been looking at PE's in the range of 25 to 9 for ideas. These stocks typically have 'Alpha' (ie s/d perform better than the market)

Alpha is a measure of the active return on an investment, the performance of that investment compared with a suitable market index. An alpha of 1% means the investment's return on investment over a selected period of time was 1% better than the market during that same period; a negative alpha means the investment underperformed the market
Remember, they already have moved for 5 Days but may/could have more 'juice' left. Just an observation.

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Have not paid too much attention to the 5-day loser list, but these candidates have various reasons for the selling and may/could have more 'warts'/problems. However, could see potential values if the company problems can be fixed and you have time to wait.

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Been focused on the gainer list but more than likely once the 'Alpha' has been harvested, time to move on.

Remember smarter people than you or I already do these scans (like AI programs) but for me, it's follow the money, leave the party early.

Good Investing

EKS
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