2009 Year-End Screening Review: The Bulls Stage a Rally
What a difference a year can make. After the S&P 500 posted its third-worst decline in 2008—losing 38.5%—few investors expected the stock market to stage such a remarkable comeback in 2009. Year-to-date, the S&P 500 is up 21.3% (through the end of November). While there is no doubt many are letting out a sigh of relief, it is sobering to realize that, despite this year’s impressive gains, we are still approximately 40% off the market highs of October 2007. Adding to the trepidation is the potential for a “double-dip” recession.
Looking at the 60 stock screens AAII tracks at AAII.com we see that, in general, they too have enjoyed a rebound. Through the end of November, only five of the 60 were down for the year, while the typical screen was up 40% for the year. This makes 2009 the second-best year for our stock screens, trailing only the 55.3% median gain in 2003. Eleven of the screens are experiencing their best years ever.
In this article
- Ranking 2009 Performance
- The Top Performer for 2009
- A Word About Dividends
- Long-Term Winner
- Risk-Adjusted Returns
Share this article
Ranking 2009 Performance
Table 1 summarizes the performance and volatility of the stock screens that are tracked at AAII.com and built into AAII’s fundamental stock screening and research database program, Stock Investor Pro.
Table 1 presents the price change performance for the various screening methodologies, which are broken down into style groups: value, growth & value, and growth. In addition, specialty and sector approaches are broken out separately. The screening strategies are ranked in descending order within their grouping by their year-to-date price performance as of November 30, 2009. The bottom of the table presents performance data for major stock indexes.
To read more, please become an AAII member or CLICK HERE.