No. of Recommendations: 8
Taz, I loaded your screen into P123. The only change I made was to change the Universe to
S&P 1500 CompositeCap (IVV+IJH+IJR) and I backtested holding 15 stocks
For a 5 year backtest I get similar results 21.25% vs SP500 11.19% CAGR
And for a 10 year backtest I also get a nice 18.1% return vs the SP500 11.76
But for a 20 year backtest the advantage was still positive but only 13.0% to 9.8%
Removing your OPMgn%TTM > 25 //Healthy Operating Margin increased the 20yr CAGR to 14.35
Removing EPSExclXorTTM>0 AND EPSExclXorPYQ>0 increased the 20yr CAGR to 14.99
Removing (CashTTM - DbtLTTTM) > 0 increased 20 yr to 15.24%
Changing the FOrderOLD("((CashTTM - DbtLTTTM) / MktCap)", #All, #DESC, #Previous,TRUE) <= 13
To <= 8 gives a CAGR of 17.4%
The 5 year return is not quite as good, a CAGR of 19.2% compared to the 21.25 but overall a longer term
consistant outperformance.
RAM
