Whilst I drown in a sea of data, or lack of data, the share market is continuing its downward spiral, each day making the proposition to buy more and more attractive.
But which stocks to buy and in which volume?
Here's a snapshot of the data I've been looking at and some notes on the quality*:
Price/Book - a:33/33, b 29/33
of which 7 companies are listed with different numbers
4 are negative numbers??
EPS - a33/33, b 31/33
of which 8 are different
only 4 of the 33 are positive numbers....
P/E - 4/33 for both, however
these are not the same companes and
the 2 that do overlap are different.
They are all positive, which probably means that all the rest would be negative, hence not reported.
As a quick thought, some mix between P/B and EPS would make some sense - that would include the Price, the profit and the book value should the operations cease to exist.
My thought is to take Market Capitalisation as step one, and they create a simple formula to weigh in the factors above.
Manana.
* a- is from Morningstar Australia, b is from Google Finance.
But which stocks to buy and in which volume?
Here's a snapshot of the data I've been looking at and some notes on the quality*:
Price/Book - a:33/33, b 29/33
of which 7 companies are listed with different numbers
4 are negative numbers??
EPS - a33/33, b 31/33
of which 8 are different
only 4 of the 33 are positive numbers....
P/E - 4/33 for both, however
these are not the same companes and
the 2 that do overlap are different.
They are all positive, which probably means that all the rest would be negative, hence not reported.
As a quick thought, some mix between P/B and EPS would make some sense - that would include the Price, the profit and the book value should the operations cease to exist.
My thought is to take Market Capitalisation as step one, and they create a simple formula to weigh in the factors above.
Manana.
* a- is from Morningstar Australia, b is from Google Finance.
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