Subject: Re: P123s premade screens
Don’t get too over excited by the 27.2% CAGR of the P123 “Weighted Value” screen above. It is a good screen but as it is a published screen based on an easy to trade stock universe which means you would have competition with some with significant money competing with you over some lightly traded stocks. However, I have backtested this against other larger universes and it still does well just not that spectacularly.