Tag Archives: Momentum vs value

Recent Comment by RLC in the WSJ

    • Posted In The Momentum Game Has Returned to the Stock Market

    • We have not found that Momentum has been at the  expense of value as we measure it.Our Undervalued Screens outperformed the S&P 500 by 17.3% last year while the Overvalued underperformed by 14.9%.  (Our valuation methodology relates the history of relative valuation to the estimated return from growth and yield – see https://wp.me/p81Esm-9u).

      Looking ahead, over 50% of the current Undervalued screen are in  the Technology (35%) and Industrial Sectors (26%).  The screens average return from growth and yield is estimated to be 15.3% and the average p/e ratio is modest at 16.2x,