The undervalued (UV) and overvalued Screens of 12/31 showed a turnover of 4 to 6 stocks in each during the month of December. The changes were almost all driven by price.
New Undervalued stocks declined 2.0% during the preceding month while the departing stocks increased by 11.5%. Similarly, new overvalued stocks increased by 8.1% relative and departing OV stocks were basically flat (0.2%)
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