Saturday, December 4, 2010

Is it any good?

I added the Vs Market link to the Yahoo Finance chart so one can get a feel for how the model performs. The symbol entered and predicted is charted against the three main market indexes. Compare against the appropriate index (e.g. tech stocks are best compared with Nasdaq). The chart is for the latest 3 months. The model currently does not use any data (especially prices) past statement (quarter end) dates. Therefore one can see in those charts whether the company trailed or beat the market (on average over all days since and not necessarily the end date = today) since its most recent quarter end.

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