Methodology

Interpretation of opinions by Valuespectrum.com

Each bank uses its own method to communicate. Their buy and sell recommendations Some use a three-point scale, others a five-point scale. Also the name of the advice varies.

Valuespectrum.com translates all terms and methodologies to a three-point scale, with the categories:

  • Buy
  • Hold
  • Sell
Buy

The category 'buy' comprises Valuespectrum.com include the terms:

  • Accumulate
  • Add
  • Buy / Buy
  • Buy
  • Outperformer
  • Positive
  • Strong Buy
  • Recommended List
Keep

The category 'hold' comprises Valuespectrum.com include the terms:

  • Hold / Hold
  • In line
  • Equal Weight
  • Market Performer
  • Neutral
Sell

The category of "sell" includes to Valuespectrum.com include the terms:

  • Negative
  • Reduce
  • Sell ​​/ sell
  • Strong sell
  • Under Performer
Calculation of returns

On Valuespectrum.com for each one advice returns. It is calculated as follows: Buy Recommendation: ((current price-rate consulting date) / Course advised date) * 100% Sales advice: - ((current price-rate consulting date) / Course advised date) * 100% Hold Advice: (( Current exchange-rate advice to date) / Course advised date) * 50% The formula of love advice is the same as that of the buy recommendation. However, it is corrected by a factor of 0.5. This is because a hold recommendation can be seen as a disguised buy recommendation. A hold opinion 'long exposure' means any person who is in possession of those shares, is "advised" to keep these (positive) position. However, it is less powerful hold opinion / positive than the buy recommendation. Returns are calculated on the basis of the daily closing prices.