Back-Test Showing the Power of Price to Free Cash Flow in the Investment Process 1950-2007
34 Pages Posted: 1 Nov 2009
Date Written: November 1, 2009
The following is a backtest that will be used as a proof on just how well the component of free cash flow works in the investment process. The key formula to be used in this backtest is the one for “price to free cash flow per share”.
Keywords: price to free cash flow
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