The goal is to find companies with extraordinary price returns, either positive or negative, as larger share price movements are more likely to skew the disparity between a company’s price and value. Using the free stock screener available on the Singapore Exchange (SGX), we can filter companies that have experienced the largest price changes over a four-week, 13-week, 26-week, or 52-week (one-year) period.
In the first two parts of this series (Issues 1233 (March 30) and 1236 (April 20) of The Edge Singapore), the definition and relationship between price and value in the context of investment analysis were discussed. The different scenarios between price and value were also examined, along with suitable investment strategies. In this issue, we will discuss Singapore-listed companies, with relevant illustrations to demonstrate price-to-value analysis for filtering and selecting stocks for an investor’s portfolio.
