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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: Aussi   😊 😞
Number: of 6131 
Subject: Re: Pod shops, factor investing, forward EPS revisions
Date: 11/23/24 4:12 PM
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No. of Recommendations: 8
Musselmant

The screen certainly has a good return, but somewhere in my distant memory, I remember Robbie saying you shouldn't mix aprc with sma. aprc is actual price and sma is based on gprc.

5 day simple moving average>1,1 x 200 day sma ratio(aprc(1),sma(1,200))>1.1

On the screener ZIM is number 2 (I just happen to be familiar with this stock as it is on my YEY screen)

The screener says aprc is 24.23 which is the close on Nov 21. The sma(1,200) is 3.86. However, the lowest adjusted close is about 8.9. So the sma is not in adjusted close units.

Looking at the 3rd stock NMM, aprc is 51.38 and sma(1,200) is 0.62

So to eliminate the problem, I eliminated the step.

gtr1.net: GTR1 Backtester

CAGR 23%
MDD -44%
SAWR 14%

Aussi

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This community has written 6,115 posts about Mechanical Investing. The article-length ones it recommended most:
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