My Core Value screen scored the following names as the highest ranking outputs on 7/12:
- Hess ($HES)- watch list
- Westjet Airlines ($WJA.TO)- watch list
- American Railcar Industries ($ARII)- bought 6/10
- Foot Locker ($FL)- bought 4/30
The only newcomer to this list, HES has been a battleground stock for a couple quarters now, so I’m not sure if much research can provide an edge–I’ll take a look though. WJA has made a few appearances on this screen since 1q13, but I’ll take another hard look now that it’s fallen 20% since May’s high.
I’ll be sure to update any trade activity in my reconciliation.
Here’s the performance to date of unrealized positions still open from prior screens; buys executed 4/30 & 6/10, as specified above:
Here’s a followup on the last Core Value screen 5/24:
Passive +4.29% (alpha= +1.76)
Active +8.10% (alpha= +5.57)