Category: Fair Value
Stock Fair Value Report: U.S. : Update
Delphi Technologies [DLPH] is a MidCap Consumer Discretionary firm involved in automotive power-train and propulsion activities. The company has spun off activities involved in mobility and smart vehicles into a new enterprise called APTIV.
Stock Fair Value Report: U.S. : Update
Alexander & Baldwin and Dycom move down while NVR advnaces.
U.S. Sector Map Plot
Sector map plot graphically displays each sector stock constituents in a two dimensional map. The horizontal axis is the return year to date and the vertical axis shows the fair value of the individual stock. In future reports the direction of each sector will be shown with and arrow on a compass rose.
Stock Fair Value Brief: Volume 1, Issue 5
There is no doubt returns for American stocks have been exceptional in 2017. Earnings continue to support valuations and expectations are not excessive. There are many factors that influence market returns of which fair valuation is one. Given the current valuations for the market overall and most sectors within those markets, there is a reasonable expectation that markets can support continued growth in value. Expecting a repeat of 2017 in 2018 might be more hopeful than factual, but there is no expectation that normal returns would not continue for the foreseeable future. Short term fluctuations can always materialize and unexpected events can disrupt markets, but current conditions and valuations support a continuation of favorable expectations.
Stock Fair Value Change Report
SalesForce.com, Incyte and Sanderson Farms all increased in fair value while Mallinckrodt PLC dropped.