Model Portfolios
Inception Performance*
Model Stock 241.45%
Model Fund 181.93%
S&P 500 w/o div. 28.31%
Russell 2000 73.11%
Wilshire 5000 38.07%
*01-02-03 through 09-30-08
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How to Understand the AAS Investment Research Report
 
AAS Market Overview and Rolling Twelve-Month Performance
 
1) Market Overview is a unique dollar-weighted index comparison which reflects price appreciation or depreciation
2) Major Market Name is a listing of the twelve major domestic market indices
3) S&P CitiCorp Name is a listing of the twelve market indices provided by S&P CitiCorp
4) ProFunds Name is a listing of the five classifications of ProFund mutual funds as labeled at www.profunds.com
5) Rydex Name is a listing of the 5 classifications of Rydex mutual funds as labeled at www.rydexfunds.com
6) ETF name is a listing of the twenty-one major classifications of Exchange Traded Funds.
7) Fidelity Name is a listing of twenty classifications of Fidelity Select mutual funds as labeled at www.fidelity.com
8) Start Date reflects the date, twelve months ago, that the performance comparison began
9) Start Price is the value of the corresponding index when the market closed on the Start Date.
  a) For the S&P CitiCorp, ProFund, Rydex, ETF and Fidelity Fund analysis:
   
  i) Each Index is an equal dollar-weighted index with a starting value of $100,000.00.
  ii) All numbers are rounded.
10) End Date is the date marking the end of the twelve-month performance analysis.
  a) This is also the previous business day from when the AAS analysis was generated.
11) End Price is the value of the corresponding index when the market closed on the End Date.
12) Change is the value of the change between the Start Price and the End Price.
13) % Change is the simple percent change between the Start Price and the End Price.
  a)

Indices in the AAS Market Overview and Rolling Twelve-Month Performance are ranked by the % Change.

  b)

This analysis, although simple, will help subscribers get a picture of what market health and direction.

     
     
AAS Rankings and Recommendations
 
1) Symbol can be an index, ETF, mutual fund or stock symbol
2) Description is the name of the index, ETF, mutual fund or stock that corresponds to the Symbol.
3) Category indicates the industry, sector, style or classification that corresponds to the Symbol.
4) Last Closing Price (CP) is the closing price of the security based on the previous business day.
5) AAS Rating Score is based on a time-weighted alpha factor which is adjusted for price persistence and volatility.
  a) Higher AAS Rating Scores are desirable.
6) AAS Buy Recommendation is a compound trading rule which takes into consideration short-term trend analysis, the AAS Ranking Score, and two independent technical analytics.
  a) If the AAS Buy Recommendation is not confirmed by the technical analytics, there is no Buy Recommendation.
7) AAS Buy Date w/o Subsequent Sell is the AAS Buy Recommendation date, over the last 60 days, after which that same security has not experienced a subsequent Sell signal.
8) AAS Buy Frequency over Last 60 Days is the number of times over the last 60 market days (not necessarily consecutive) that the symbol has received an AAS Buy Recommendation.
  a)

The subscriber can use the frequency of AAS Buy Recommendations to determine the effectiveness of the AAS Rating Score.

  b)

The purpose of these two columns is to encourage subscribers to examine the performance of the security since the date of the AAS Buy Recommendation and become comfortable with AAS Analysis

9) Sell Limit Watch is included and updated daily as information for subscribers who wish to sell the equity based on their own research.
  a) AAS does not provide Sell Recommendations (with the exception of the AAS Top Ten Short Stocks).
     
     
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