The Art of Investing: Scoring Stocks by Tony Pow (English) Paperback Book
$ 9.19
Description
The Art of Investing: Scoring Stocks by Tony Pow (English) Paperback Book. However, few if any can prove their systems work consistently.I may have found the reason why it does not work consistently. In writing this book, I switched the illustrative example from IBM to Apple IBM scored very low. The Art of Investing by Tony Pow Estimated delivery 3-12 business days Format Paperback Condition Brand New Description Enter the fundamental metric information such as P/E for any 100 stocks into a scoring system. If the top 25% of the stocks perform a lot better than the rest in 6 months consistently, then it is a good scoring system.I have been using my own scoring system for years. It sums up the individual scores for selected fundamental metrics. When the total score passes a set number, I evaluate the stocks further for potential purchase. This scoring system has been updated many times for refinements and adapting to the changing market conditions. All basic metric information can be obtained from free web sites.Many companies and academic projects must have worked on this kind of stock scoring systems. However, few if any can prove their systems work consistently.I may have found the reason why it does not work consistently. The fundamental metrics change when market conditions change. To illustrate, the current market conditions may favor value stocks while some other conditions favor growth stocks. I monitor the performances of all the fundamental metrics periodically and make changes accordingly. Hence, I call my scoring system Adaptive Stock Scoring System (do not use the acronym).In writing this book, I switched the illustrative example from IBM to Apple IBM scored very low. Apple scored very high. This book was published in 06/2013. The performance of the two stocks from 06/03/2013 to 06/03/2014 are as follows: IBM-12%Apple41%SPY (for comparison)17%Size: 150 pages (6*9). Last Update: 01/2021. Details ISBN 1532781660 ISBN-13 9781532781667 Title The Art of Investing Author Tony Pow Format Paperback Year 2016 Pages 154 Publisher Createspace Independent Publishing Platform GEItemID:98083434; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
