|“Buy” - “Sell” 6-year average, %/year (annualized from 3-month gains):||+8.9%|
These are annualized average 3-month performance results for annual and quarterly financial statements dates falling into a particular calendar year. The performance for the last in the calendar year statement is actually measured in the following year, but is “drawn back” for inclusion into the calendar year under consideration.
The valuation model performance presented on the chart consists of two lines. The green line shows the actual average performance in different years of all stocks in the stock index that were rated by our valuation model (called “Intrinsic value” in the stock table below) as “buy” and “strong buy”. The red line - those rated as “sell” and “strong sell”.
Such performance would be reflective of the performance of two portfolios: one including only “buy” stocks in the index, and another consisting only of sell stocks, with investment decisions taken upon publishing of financial statements for each individual stock in the index.
Though these performances are actual, they are the product of backtesting. That means that if we tweak our stock valuation model, the past performance also changes. The benefit of this is that you always see actual part performance of the current version of the stock valuation model.
|Up/down potential, %|
|AXP||American Express Company||0.00||n/a||n/a||n/a|
|BA||The Boeing Company||205.84||-100||-100||-104|
|CAT||Caterpillar Inc.||191.94||premium content|
|CSCO||Cisco Systems, Inc.||44.77||premium content|
|CVX||Chevron Corporation||91.73||premium content|
|DIS||The Walt Disney Company||172.78||premium content|
|DOW||Dow Inc.||57.50||premium content|
|GS||The Goldman Sachs Group,||289.39||premium content|
|HD||The Home Depot, Inc.||284.00||premium content|
|IBM||International Business Ma||118.61||premium content|
|INTC||Intel Corporation||56.66||premium content|
|JNJ||Johnson & Johnson||163.55||premium content|
|JPM||JPMorgan Chase & Co.||133.79||premium content|
|KO||CocaCola Company (The)||48.49||premium content|
|Up/down potential, %|
|MRK||Merck & Co., Inc.||80.98||-62||-66||-61|
|MSFT||Microsoft Corporation||225.95||premium content|
|NKE||NIKE, Inc.||139.35||premium content|
|PFE||Pfizer Inc.||36.55||premium content|
|PG||Procter & Gamble Company||130.00||premium content|
|TRV||The Travelers Companies,||145.84||premium content|
|UNH||UnitedHealth Group Incorp||347.55||premium content|
|V||Visa Inc.||202.02||premium content|
|VZ||Verizon Communications In||57.47||premium content|
|WBA||Walgreens Boots Alliance,||47.45||premium content|
|WMT||Walmart Inc.||146.33||premium content|
|XOM||Exxon Mobil Corporation||47.43||premium content|