The Valuator (Online Version)
Resources for Investors and Traders
Watch-list Candidates & Values
The Valuator is a monthly publication that provides numerous measurements of stock behavior and value. These include the "Star" and "Diamond" indicators, the Eight "Flag" indicators that show where a stock is in its price cycle (all stocks cycle), the "Trends" indicator that maps the direction of 3 consecutive 20-day trends, the "Direction ± (%)" indicator, the "20-Day Low," the distance in % before a stock reaches Fair Value, Fair Value, RAM Fair Value (interest rate adjusted "Fair Value"), PE, PEG, Dividend Yield, estimated Growth rate, Strength Rank, Value Rank (based on a composite of 4 valuation measurements), and Velocity Rank. The online version of The Valuator is spreadsheet sortable. However, we do presort the data by 8 different categories. The online version lists the top 44 in each category (for those who do not want to sort a spreadsheet). For the printed version, we sort the stocks by the same eight measurements and list those ranked in the top 40 for each. The Valuator gives follow-up information every month.
Most of these metrics and indicators are not available anywhere else on the planet. For Example, all our valuation measurements are based on analyst estimates that look forward only about 6 months (analysts are far more accurate when they try to look ahead only 6 months). The market also "looks ahead" about 6 months. To the best of our knowledge, ours is the only publication that calculates PE ratios, PEG ratios, etc. based on a 12-month period that combines the last six months and analyst projections for the next six months. They either use very unreliable analyst "guesses" for the next 12 months or they use obsolete data from the past 12 months. This approach is used in the "Star" and "Diamond" indicators, the % appreciation potential before reaching Fair Value, Fair Value, PE, Peg, and Value Rank. With the exception of the dividend yield and the 20-day low, the other indicators and metrics (including the eight "Flag" indicators) are all original creations of Dr. Winton Felt. None of these are available anywhere else because the algorithms necessary to generate the data are proprietary. The dividend yield and the 20-day low are the only metrics available elsewhere.
"Fair Value", PE, and PEG
People buy a stock when it is high and sell when it is low because at any given time they have no rationale for judging where it is relative to its "fair value." The price of each stock swings up and down between being overpriced or "overvalued" ("high") and under-priced or undervalued ("low") relative to ANY measure of the underlying value (the "fair value") of the stock.
In The Valuator, there is a column that shows specifically how far a stock must rise (in percent) to reach our estimate of its "Fair Value." The "Flag" indicator is another way this issue is addressed.
This column defines eight positions in a stock’s cycle: "HF" = High and falling (it is at or above its expected high given its current financial profile and it is on its way down), "OF" = Overpriced and falling (it is above "fair value" but below its expected high and it is declining), "UF" = Under-priced and falling (it is below "fair value" and falling, "LF" = Low and falling, "LR" = Low (below its expected low price) and rising, "UR" = Under-priced (between expected low and "fair value") and rising, "OR" = Overpriced (but below its expected high) and rising, and "HR" = High and rising.
We know of no other market letter that provides as much information (with regular follow-up) at anywhere near the low price of The Valuator. However, there are many market letters of about half the size (with a lot less information) that are available at about twice the price.
You must be able to open an Excel spreadsheet on your computer to be able to download the spreadsheets of the online version of The Valuator.