X-INDEX FUND Magazine Issue 5: December 2011 FINAL End-of-Year!
Dec
31
Written by:
Saturday, December 31, 2011 12:45 AM
X-INDEX FUND Magazine Issue 5: December 2011 FINAL End-of-Year
By Johan G. van der Galiën.
Definition X-Index Fund
This index fund is composed of initially the 50 lowest entropic (= X-Index) ones from 1,924 New York Stock Exchange (NYSE) securities whereof stock quotes can be downloaded with HQOUTE PRO. These 50 are among the securities with the potentially highest profitability in the last bull market and the bull market yet to come. From these initially 50 securities there are at the moment still 41 actively traded. So these 41 securities, 10,000 shares per security, bought virtually all at once for about $ 1.8 million in total on 2011-08-08 closing prices, is the X-Index Fund or also called DOWN41 portfolio in this magazine.
The X-Index Fund portfolio
From a list of 3,461 NYSE ticker symbols, from the Dutch Wikipedia, HQOUTE PRO could download only stock quote files from 1,924 of these 3,461 securities. These files were analyzed by ‘The Automated X-Index Technical Analysis Software’, that curve fits to a distribution function I would like to call Omega (Ω), and entropy ranked. A 50 down ranking securities portfolio (DOWN50) was drawn and the ticker symbols, closing prices at 2011-08-08 (purchase day virtual portfolio) with 10,000 shares per security data were uploaded to Google Finance. After carefully inspecting the resulting spreadsheet, for 7 out of the 50 securities in this portfolio there was no trading anymore for various reasons or too less trading for Google Portfolio to take them into account or the ticker symbol is not a Google recognized one from the NYSE. Nonetheless remained 43 valid ticker symbols and consequently I spoke of the DOWN43 in ISSUE 1 of this magazine.
Now I must speak of the DOWN41 portfolio because meanwhile the trading has also stopped for ticker symbols SFN and GMR. Please note that IRE has had a 10:1 reversed split in October 2011 and also MAG in December 2011.
There is a discrepancy between Yahoo! and Google in the nomenclature of the EXE ticker symbol company, i.e. iMergent or Crexendo. But this seems to be the same company, at least the quotes are the same. With iMergent being the former name.
For all the other 40 ticker symbols the names between Yahoo! Finance and Google Finance are in sync. This gives confidence that the (historic and recent) quotes are also comparable and that the HQOUTE PRO historic data (downloaded from Yahoo! Finance but shown in Google Finance Portfolios) for the technical analysis is adequate for finding 41 low entropic securities.
How the X-Index Fund Works
|
TICKER
|
CP 10/21
|
EPS
|
PE ttm
|
|
PE Ind.
|
|
CBR
|
$3.15
|
-0.76
|
0.00
|
|
11.30
|
|
CPE
|
$4.55
|
0.70
|
6.50
|
|
18.20
|
|
CSU
|
$7.23
|
0.15
|
48.20
|
|
8.50
|
|
CT
|
$2.29
|
5.38
|
0.43
|
|
14.50
|
|
EK
|
$1.32
|
-3.92
|
0.00
|
|
19.30
|
|
EXE
|
$2.90
|
-0.39
|
0.00
|
|
20.70
|
|
FCH
|
$2.81
|
-3.68
|
0.00
|
|
11.10
|
|
FCS
|
$13.36
|
1.35
|
9.90
|
|
28.20
|
|
FR
|
$9.30
|
-1.14
|
0.00
|
|
16.20
|
|
FRM
|
$6.94
|
0.40
|
17.35
|
|
88.10
|
|
GKK
|
$13.05
|
-18.01
|
0.00
|
|
17.50
|
|
GMR
|
$0.26
|
-2.81
|
0.00
|
|
17.50
|
|
GPK
|
$3.98
|
0.27
|
14.74
|
|
19.00
|
|
GSL
|
$2.62
|
-0.06
|
0.00
|
|
25.30
|
|
HL
|
$5.53
|
0.27
|
20.48
|
|
16.30
|
|
HW
|
$1.59
|
-3.43
|
0.00
|
|
17.50
|
|
IO
|
$6.59
|
0.22
|
29.95
|
|
17.40
|
|
IRE
|
$5.70
|
-15.05
|
0.00
|
|
29.60
|
|
LSI
|
$5.86
|
0.12
|
48.83
|
|
17.90
|
|
MAG
|
$1.00
|
0.15
|
6.67
|
|
15.10
|
|
MEG
|
$1.69
|
-2.76
|
0.00
|
|
18.00
|
|
MIM
|
$28.91
|
-0.84
|
0.00
|
|
57.80
|
|
MNI
|
$1.63
|
0.33
|
4.94
|
|
72.40
|
|
MPG
|
$2.20
|
-7.23
|
0.00
|
|
21.30
|
|
NCT
|
$4.32
|
8.75
|
0.49
|
|
128.00
|
|
NLS
|
$1.78
|
-0.05
|
0.00
|
|
21.60
|
|
NTE
|
$4.79
|
0.27
|
17.74
|
|
25.20
|
|
NWY
|
$2.66
|
-0.04
|
0.00
|
|