Stock EPS RS PE Regression
on 50 stocks fm 96 - 98 w/ PE <= 20, EPS > 90, RS > 90:
12/20/96 - 2/20/97:
avg % gain: n:
all: 49.1% v 38.4% spx
R2:
rr = 3.38% x EPS - 2.66 3.0%
rr = 1.09% x RS - 0.52 0.1
rr = 3.03% x PE + 0.05 2.1% <= PE assoc > 0!
rr = -5.45% x RS/PE + 0.86 3.1%
rr = -5.00% x EPS/PE +0.83 2.6%
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