New Piotroski Scores

We’ve been working on some more upgrades, and today, we are proud to announce the Piotroski Scores. The Piotroski Score is a set of fundamental tests originally created to determine whether a value stock is a trading at a low price for a reason, or if it is a good value stock to buy. In his research, Joseph Piotroski, the author of this system, found that value stocks with high scores outperformed all value stocks by 7.5% a year.

The Piotroski score for any single stock can be accessed from the stock’s page, just like the stock rating or dividend rating. (example: Google) We also created a page describing the scoring system in detail. As with our stock ratings, the individual scores are available to anyone, but the sortable rankings of stocks are not. Premium members can access the full rankings, while basic members can view those for mega-cap stocks and the Dow.

VectorGrader.com's Piotroski Score

VectorGrader.com’s Piotroski Score

Sector Pages Updated With Valuations and Mean Reversion Indicators

We’ve added new indicators and replaced the sector rotation page with several new pages focusing on various aspects of sectors and one overview. There are now lots of valuation and momentum charts to visualize the characteristics of the ten major sectors. We have a couple more ideas for the sector pages, but we decided to push out our recent changes. Check it out!

sectorPage

S&P 1500 Stock with Best and Worst Analyst Ratings

Analysts on Wall Street are well known for rating far more stocks positively than negatively. They are also known for not providing an edge to those who follow their ratings. In fact, the stocks with the best average analyst ratings don’t actually outperform those with the worst. Given this, the stocks with the best and worst ratings can be a jumping point for finding stocks that may do worse than or better than expected.

S&P 1500 Stocks with Best and Worst Average Analyst Ratings

Sentiment Remains Slightly Elevated

The major sentiment surveys are sending mixed signals, but, on average, are showing a slightly high level of optimism. The AAII Bull ratio, at 74%, is showing the most optimism, but only because there is a low number of bearish investors and not because there is an overwhelming majority of bullish investors. The Investors Intelligence and NAAIM surveys are both showing sentiment levels right in the middle of their range.

AAII Sentiment Survey Bull Ratio

Investors Intelligence Sentiment Survey

NAAIM Sentiment Survey