April 2017 Stocks & Screens Now Available!
Thank you to all members for helping to support my continued efforts on this site by being premium members. This month’s premium content is now available. Get it here if you’re currently a premium member! If you’re not a premium member and like my site, please consider joining. Memberships start as low as $6.25/month!
Introducing the New ModernGraham Grading System
Over the summer, I revised the formatting of the presentation of individual company valuations on ModernGraham. As part of that process, I began utilizing 20 years of financial data within the valuations, which allowed me to calculate historical estimates of intrinsic value using the ModernGraham valuation formula. Each valuation thus included a chart showing the price in relation to the MG Value over a period of time. Since then, I’ve been studying those charts in order to determine the effectiveness of the valuation formula. This post will review some of my findings, and introduce a key new metric for ModernGraham advanced premium members to utilize in analyzing investment opportunities.