pauldarrall
- 11 Jul 2005 11:20
Dominic Picarda 'Investors Chronicle' wrote an excellent article on how to discover fast moving value shares.
By applying a very simple filter he got 10 companies which has when applied previously has shown exceptional performance.
It simply takes present price to book ratio and compares it to the 10 Yr Average. He places this in order based on a ratio of cheapest now compared to the past. He then filters out any without good momentum over the 1 month and 3 month period.
Here's the problem. Other than a professional tool called Datastream how can I find out the 10 Yr Average price to book ratio. Anyone got any ideas?
pauldarrall
- 11 Jul 2005 22:51
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Almost page 2 already. No Solutioms?