Comments on: Slight Changes to NCAV Screens

By: The Graham Investor

The Graham Investor — Mon, 31 May 2010 14:38:09 +0000

Rob: Is that 33% overall since 03 or a 33% average annualized return since 03?

By: rob lane

rob lane — Sat, 29 May 2010 04:13:52 +0000

John Reece of Validea wrote a column in this weeks Forbes.the article featured the methods of Joseph Pietroski.However on the Validea screen performance,the Pietroski screen was 4th out of five at approximately 33% since 03.The Graham screen was the leader at over 130%.Does this sound right to you?I would have thought it would have been much closer.
Rob Lane,SF,CA

By: The Graham Investor

The Graham Investor — Fri, 23 Apr 2010 15:41:47 +0000

Thanks for lettiing me know; it’s an error for sure! I will fix it. There have been a few upgrades to the server this week and a couple of things have gone awry.

Update: It is now fixed and the correct P/E values should appear after the next screen refresh on 4/25, if not before.

By: David

David — Fri, 23 Apr 2010 15:36:53 +0000

Quick question,

I noticed on the Intrinsic Value screen that the forward P/E of all the stocks was set to 5. Is this intentional or some sort of an error? Thanks. Great site by the way.

By: Kris

Kris — Mon, 05 Apr 2010 23:22:42 +0000

I agree, excellent site. There are a couple issues that can be easily overcome with some research – ie foreign stocks. Oftentimes ADR’s don’t represent shares on a 1 to 1 basis, or the assets and liabilities may be listed in a foreign currency, and this may skew the data. 5 minutes of research should solve this though. I’ve sometimes emailed investor relations of the company in question regarding specific issues in their financial statements so that I could hear the answer right from the source.

By: Amit

Amit — Thu, 25 Mar 2010 01:46:39 +0000

Excellent site! I have been running my own NCAV screen the last few months and have done pretty well with some of the picks. It does take some time to sift through all the data so its great you share it here on your site.

By: The Graham Investor

The Graham Investor — Wed, 03 Mar 2010 22:46:41 +0000

Kyle, thanks for pointing this out. The column header is not terribly clear I guess – and maybe even misleading – (there’s not much space to describe it properly except in the tooltip), but the column is supposed to show where the last closing price is as a percentage of NCAV, which it is actually doing correctly. If that percentage is less than 66% of NCAV it will show in green.

By: Kyle

Kyle — Wed, 03 Mar 2010 21:45:17 +0000

I maybe wrong about this, but under the column where it says % Price of 66% NCAV or something, it is telling you what percent the price is of the NCAV, NOT the 66%NCAV. Just thought I might point it out.

By: The Graham Investor

The Graham Investor — Mon, 01 Mar 2010 17:07:53 +0000

At the moment everything is assumed to be in USD; we plan to change that when we start incorporating foreign stocks and using a different data source for the screens.

By: michael

michael — Mon, 01 Mar 2010 05:46:28 +0000

completely agree with ‘the starting point for the search’ as it pays to dig a little deeper.. for example, the screen missed the fact that RCON’s financials are in yuan.. once you convert them over it isnt actually a net net. PRICE NCAVPS (66% of NCAV)
6.55 3.23 2.13