In the last 9 months the Undervalued Screen has outperformed the S&P 500 by 21.2% while the Overvalued underperformed by -7.2%. The absolute numbers were +33.8% vs +5.4%.

*Stay tuned for the a look at what Sectors, Industries and equities contributed to the divergent returns.*

The graphs below show the performance of the two screens since inception on September 30th 2004. Relative to the Corequity universe, the respective annualized returns are +2.68% pa vs -3.77% for a spread of over 600 basis points per annum.

The average return on the Universe is +2.04% pa which is more in line with the Equal Weighted S&P 500.

Here is a look at the returns over the last year as well as since inception.

(c) 2017 Robert L. Colby