Wednesday, July 5, 2017

Two Equity Screens That Appear to Perform As Advertised

From FT Alphaville:

Sick of watching stocks just go up? Try these screens…
First up, “high dividend risk” companies identified by Andrew Lapthorne and team at SocGen. (This is from a universe based on the FTSE World Developed and FTSE 350 indices, excluding financials/banks.)
Use this link to read the table.

In the Merton distance-to-default figure in column 6, the lower the number the higher the risk, or…

Here’s how this screen has performed, on a $ gross total return basis:

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The second of the two screens may be of special interest to our long-time readers.