David Dreman: Contrarian
Buys on David Dreman’s contrarian strategy from “Contrarian Investment Strategies”: what everyone else shuns, but only with healthy fundamentals. On at least two of three valuation measures the stock has to sit in the cheapest fifth of all screened companies: price-earnings ratio, price against book equity per share, and price against cash flow from the business; the thresholds are set anew on every run. Added to that: market cap of at least 1 billion dollars, since Dreman favors large companies, debt no higher than equity, and earnings per share above the year-ago level in the most recent quarter. Only shares our own deep-dive analysis rates green are bought — yellow or no analysis at all is not enough. New positions are added four times a year; a stock is sold as soon as it no longer meets one of these conditions or is no longer rated green.
This portfolio buys shares.
- Performance
- 0.00%
- Lead over QQQ
- −0.86%
- Largest drawdown
- 0.00%
- Win rate
- —
- Cash ratio
- 100.0%
- Portfolio value
- $100,000
Performance against the yardsticks
What the portfolio holds
Nothing is held at the moment — the entire capital sits in cash.
The rules of this portfolio
- Buys
- once a quarter
- Sells
- checked every trading day: rating turned red, stop-loss hit, holding period over, or the stock dropped out of the selection.
Every trade with its reason
The complete history of this portfolio, most recent trade first. It is never truncated — it doubles as the recommendation history required by Art. 4(1)(i) of Delegated Regulation (EU) 2016/958.
This portfolio has not traded yet.