NNSI - NetNagel Stock Index
Wednesday September 26, 2007 // Share on Facebook
I’ve created the NetNagel Stock Index yesterday - it’s a formula I’ve created that aggregates information about a stock from various sources and assigns them values. Based on these values, the ticker symbol is given a rating; the higher the rating, the stronger the probability of the stock going up.
So I picked a handful of stocks (about 10), ran it through my program, and got values ranging from the single digits to over 100. The stock that ranked > 100 has a potential ROI of 41.24% (based on the mean analyst recommendation), has 99.3% of all fool.com CAPS users rating it an outperform, and a recommendation of 1.9 (1.0 is strong buy, 5.0 is strong sell).
My September IRA contribution went to UNT. I’ll put in a sell order at $67.15.
This entry was posted on Wednesday, September 26th, 2007 at 8:41 am and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
Tom said...
How did the others fair? Just curious.
October 1st, 2007
Eric said...
Sorry, but I don’t remember the list of the 10 that I tried. However, the other day, I looked at the Yahoo stock screener and chose all stocks > $15 with a buy rating (1), then ran them (77 of them) through my algorithm, and came up with a list of the top picks.
This isn’t bullet-proof (for example, RIMG only has 1 analyst covering it, so the opinion isn’t very broad), but here are the top ones:
[TM] => 274.459763017
[RIMG] => 256.793940887
[DXPE] => 214.928
[CRH] => 160.559023729
[AIB] => 152.779996557
[CAJ] => 128.355086159
[AGL] => 108.896551724
[CORE] => 108.615384615
[KEP] => 105.033044624
[BBOX] => 103.102941176
[DLA] => 102.248979592
[ATLS] => 100.728205128
[KHD] => 100.580226608
[PHX] => 94.05
[AAON] => 92.9772972973
Now you have a short-list of potentially well-performing stocks. Research them yourself, then go buy!
October 1st, 2007