Category: Fair Value
USA Stock Consideration Report
Overall, stocks have started to shift away from being overvalued and returned to fair value while an increasing number have become undervalued. Valuations are solidly back in fair value ranges (80.0% to 120.0%), but investor views are still adjusting from previous unrealistic expectations. See the full report and stock directories under the menu Client Service > World Markets > USA Stock Considerations Report.
USA Stock Fair Value Report November
Performance in terms of price return certainly created changes in the year-to-date values as well as last 12 months, quarter and month scores. There was also some welcome relief in relative valuations. Valuations came back closer to Fair Value (100.0% Fv) with reductions of 10 to 24 points.
Stock Fair Value Report October
Outside of Consumer Discretionary the remaining sectors are producing valuations within normal ranges. Only two sectors reside at Cautionary levels, Energy at 129.8% Fv and Information Technology at 124.9% Fv. Energy has made a significant move over the past 24 months from undervaluation to the high ranges of normal.
Stock Fair Value Changes
AIN, BRK/B, KMT and OFIX all earn increase in Fair Value while ASIX, BRKS, CAH, CVCO, INTL move down.
Stock Fair Value Report – August
Overvaluation pressures continued moving forward predominately in LargeCap stocks gaining 7.9 points, followed by SmallCap gaining 4.9 points, while MidCap remained nearly flat. The movements are interesting because there is a move to higher valuations in Buy classified stocks and Hold stocks while Sell stocks are exhibiting a move back to relative fair value. This is the preferred direction for all groups, but there are a handful of sectors and industry groups that are extremely overvalued. See the full report at: Client Service > World Markets > Americas > USA Stock Fair Value Report