No. of Recommendations: 3
Hi tedthedog.
Your analysis shows 2 year forward returns ranging from +17.8% down to +4.1% while Jim's analysis against P/B shows returns ranging from +17.8% down to -5.4%. So you both have very similar returns in your best bin, but you have a nearly 10% higher return in your lowest bin compared to Jim's lowest bin.
If, as it seems, you are ultimately binnining the same data but sorting it on somewhat different metrics, it makes sense that your top numbers would agree, but having your lower numbers disagree by so much is disturbing.
Any idea what might be going on?
R:
