My first Magic Formula transactions were November of 2006. So now, one
year later, let's see how those initial picks have performed (average
return for these is 3%):
OVTI +20%
FCX +50%
ASPV +40%
ADDL -28% (Icarra has no data for ADDL after Jan 2007, so it's treated as sold)
PNCL +60%
FTO +50%
WNR +18%
PWEI -9% (Bought out)
NATH +29%
NOOF -38%
OPMR -55%
MRGE -77%
EGY -41%
UNTD +24%
ASPV
is still on the Magic Formula list, so it hasn't been sold. UNTD will
be sold as after 11/21, following the rule of holding winners more than
a year.
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