EXTRA CREDIT |
No self-respecting test would lack a bonus question. We have baptized ours
the "Voodoo Factor". Several researchers have detected what are known as "market anomalies". These are criteria which seem to identify companies with good return potentials just because. Among these we may find: unexpected positive earnings announcements; size effect; the January effect; the Value Line ranking system; neglected firm effect; calendar anomalies; etc. We have concocted several of these anomalies into our own proprietary formula producing a score between 1 and 5, 5 representing the best score. |